Guide : Buying Rolex in Europe

[bttan]

anyone spotted the new gmt for sale yet?

At the earliest, it should hit the stores before the Christmas holiday period. That is usually the case with previous years' launches.

[dimebag]

Any recommendation for good AD in Heathrow Airport/Paris/Germany/Prague/Poland? Feel free to PM me. Many thanks!

[gnixer]

anyone spotted the new gmt for sale yet?

[ahben6]

How did u get a full 21% vat refund?

[rayleigh]

Just realised today. There are two refund agent in UK: Premier Tax Free and Blue Global. For big ticket purchase in excess of £6000, Blue Global gives a higher tax refund percentage. Do note.

[potus65]

I think buying from Italy is good . I got my Sub TT and a Pam 299 in Rome with slight discount n full vat refund of 21%. What i was told was the refund % is level peg to purchase amount. Base is at 13% -16% onwards.

[rayleigh]

Managed to get back the 19.6% VAT from 1 AD in Paris. That is 16.389% discount from the discounted price they quoted me.

For example, the base price of the watch is 10,000, after VAT of 19.6%, the selling price will be 11,960. If they give you the full refund of 1,960, that will be 16.388% from the selling price of 11,960.

Hopes this for people shopping in Europe.

Usually, they will only give 12% off the selling price which is 14.352% of the VAT instead of the full 19.6% VAT.

SO what did you get? Rolex?

[kelvin_koh]

Managed to get back the 19.6% VAT from 1 AD in Paris. That is 16.389% discount from the discounted price they quoted me.

For example, the base price of the watch is 10,000, after VAT of 19.6%, the selling price will be 11,960. If they give you the full refund of 1,960, that will be 16.388% from the selling price of 11,960.

Hopes this for people shopping in Europe.

Usually, they will only give 12% off the selling price which is 14.352% of the VAT instead of the full 19.6% VAT.

[rayleigh]

For those who are shopping, you may want to check out the URL for the approx amount of tax refund.

globalblue.com/customer-services/tax-free-shopping/refund-calculator/

[kelvin_koh]

In Paris, check out Dubail its the largest AD and situated on the Place Vendome; Wempe is on rue Royale which is pretty close by and Jean Mick.

Thank you. Will make an effort to visit them.

[sys12345]

Exact VAT depends on:

1. The retailer
2. The price bracket of the item. There is a table of tax rates refund and typically, the higher the price the higher the tax refund rate it will be.
3. Refund type. Refund into credit card will be typically higher than refund as cash.

[praha335ci]

Any AD to recommend in Paris?
If not convenience to post here, can send me a PM. Thanks.

In Paris, check out Dubail its the largest AD and situated on the Place Vendome; Wempe is on rue Royale which is pretty close by and Jean Mick.

[rayleigh]

Went into a watch shop yesterday and was quoted £6050 before VAT refund of 13.8%. As read in this thread that there will be an administrative charges however was told that there will be no administrative charges for refund.

In addition, I emailed wempe (London) and was quoted £6050 with a VAT refund of 16.67% and a potential administrative charges of approx £50.

I am confused. Does it mean every state in UK has different VAT refund rate? Can anyone advise?

[rayleigh]

Went to a Rolex shop in UK yesterday. Quoted £6050 before VAT. VAT is at 13.8% and was told there is no admin charges for refund. Is that true? Cos that was not what I read in this thread.

However when I emailed to Wempe (London), was advise that the VAT is at 16.67%. I am lost. Does it mean different states have different VAT rates? Anyone can advise?

[kelvin_koh]

Any AD to recommend in Paris?
If not convenience to post here, can send me a PM. Thanks.