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Old 29 July 2018, 03:45 AM   #23
Takonwong
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Join Date: Aug 2012
Location: UK
Posts: 404
Quote:
Originally Posted by Old Expat Beast View Post
You've probably noticed that Seiko prices are quite a bit cheaper in HK than UK, too. Rolex seems to adjust their prices upwards to take account of no sales tax here, so there's not that much difference, but I noticed the SLA025 is 5,000 pounds UK, which will include VAT, but about 4,300 here.

Rolex used to play up the tax advantage of Hong Kong shopping in their tourist brochure advertising years ago, but then I guess they just thought they'd take up the slack themselves.
Quite a bit cheaper indeed especially if you go the grey route. I have noticed the Rolex prices being not what they used to be in HK, it’s the other way round now. If I have a friend who wants to buy a Rolex they’ll wait until they visit the UK and take advantage of the VAT and currency situation.
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