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Guide : Buying Rolex in Europe

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  • praha335ci
    replied
    This video will give you an idea of how the process works:
    http://www.youtube.com/watch?v=Fym-KgiVKX4
    The important thing to watch for is the stamping process. You need to show the goods, official original receipt and also the VAT cheque. Sometimes the officials are in a rush and stamp the original receipt. Its the VAT cheque that needs the stamp in order for it to be processed.Also you need to fill in the forms correctly with all the details so its best to allocate lots of time at the airport.

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  • praha335ci
    replied
    In Switzerland the VAT can be deducted automatically from the price of purchase if you buy from an AD like Bucherer. However I would not really recommend buying in Switzerland as its expensive due to exchange rate and the AD's there rarely discount at all. Also the net VAT refund is only around 4%. Austria also has Bucherer stores as well as a Wempe AD in Vienna. There are branches around the Stephansdorm area- downtown.Pricewise its actually quite good and the net refund is almost 14%. I would recommend buying there if the model that you're interested in available. If you buy in Austria ask the AD to fill in the VAT refund cheque and ask for the Global blue envelope. The procedure is once you leave the Eu , at the final destination - if Its in Italy you get the customs stamp on the cheque and claim the VAT if there is a Global blue office. Some airports in Italy and also in Europe do not have the cash offices but just a post box so the envelope is handy. If you totally forget to get the customs stamp , it becomes a problem but you can still get the VAT refund. All you have to do is to go the the consulate at home to get a export certification stamp on the cheque and send back to global blue refund for processing. There is a fairly strict timeframe - Its about 2 months from memory.

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  • e90koh
    replied
    Gurus, my bro is going Switzerland, Austria and then final destination is Italy.

    I have asked him to help buy Rolex watch but I would like to know where to buy has better prices (Switzerland / Austria / Italy)?

    If buying in Switzerland is best, how will he claim tax refund if he is not flying out of Switzerland? Remember his last stop is Italy.

    Or price in Italy is just as good? How many % can I claim back in Italy? Possible to ask for discounts?

    Wife wants new bags. Which brand is best buy? Chanel, gucci, LV, prada?

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  • praha335ci
    replied
    With regards to utilising the green form in Germany- its quite complicated and not really worth the hassel. The refund process will involve sending all documents back to the retailer and its quite long timewise to obtain it. Also the retailer will send it to a German account which is required. Global blue is the easiest way .

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  • TheKing
    replied
    Yup agreed too. With globalization, the watch companies control the international prices quite well. Tax rebate is the main thing...

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  • deslene
    replied
    Yup, do agree too. Price around the same, just that if travelling, we'll get tax rebate...

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  • kadios
    replied
    Just came back from Rome, I dun think you can expect too much savings except in form of VAT refund. Just my 2 cents worth.

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  • flakkampf
    replied
    Which Rolex to get in Europe

    Hi to all members,

    Can any of u plese advice which Rolex (sports) to get in Italy?
    Value of money, budget S$10K. Thanks in advance

    Leave a comment:


  • darrentyl
    replied
    The price is not very attractive based on pre-own.


    Originally posted by KuchingKu View Post
    In paris, this is one of the more popular pre-own shop.

    http://www.montres-modernes.com/index.php

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  • KuchingKu
    replied
    In paris, this is one of the more popular pre-own shop.

    http://www.montres-modernes.com/index.php

    Leave a comment:


  • mivecboy
    replied
    Thks bro!

    Originally posted by praha335ci View Post
    Try Wempe in London, there is also a branch in Paris. UK prices will be slightly cheaper as the pound is not very strong and also the VAT refund is much higher.

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  • praha335ci
    replied
    Try Wempe in London, there is also a branch in Paris. UK prices will be slightly cheaper as the pound is not very strong and also the VAT refund is much higher.

    Leave a comment:


  • mivecboy
    replied
    Thk u sir! Will take a look.

    Originally posted by seiko.citizen View Post
    can try going to the manufacturers website and find out who is selling their products in the cities you plan on going.

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  • seiko.citizen
    replied
    can try going to the manufacturers website and find out who is selling their products in the cities you plan on going.

    Leave a comment:


  • mivecboy
    replied
    Digging up an old qn... can anyone shed some light, as I'll be heading to both cities too. Is it a very closely guarded trade secret? No one seems willing to share....

    Leave a comment:

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