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japenney · 15 February 2016, 09:06 AM

Am i legally allowed to sell my Canadian Rolex to someone in the USA? What are considerations i would have to take as a seller and are there Significant extra costs for the buyer? Is it safer for me to sell within Canada? Any information on tbis topic is appreciated !

Ps: have searched for similar topics and i think restrictions were lifted in the last couple of years ??

beshannon · 15 February 2016, 09:44 AM

The watch would need to be declared whether it is shipped or brought into the US.

TimeToGo · 15 February 2016, 10:01 AM

Yes, you can sell a Rolex and declare the entry as such into the U.S.

Any shipment over $2,500 will need a declaration and filling out a Customs and Border Protection form 5106 by the buyer. It will depend whether the recipient has received prior shipments over this amount, i.e. a business, or declared as a one time importation as an individual that will not require the import tax.

silverbullet818 · 15 February 2016, 12:14 PM

I'm sure you can sell it. There is no restrictions there.

What the buyer needs to find out though is what taxes is he on the hook for if any to uncle Sam. His/her issue may be if down the road he gets questioned upon reentry into the US. The watch serial after all will say the watch was shipped by Rolex to Canada.

15 February 2016, 09:06 AM	#1
japenney "TRF" Member Join Date: Apr 2013 Real Name: Josh Location: Canada Watch: undecided Posts: 4,777	Watch going FROM Canada TO United States HELP :) Am i legally allowed to sell my Canadian Rolex to someone in the USA? What are considerations i would have to take as a seller and are there Significant extra costs for the buyer? Is it safer for me to sell within Canada? Any information on tbis topic is appreciated ! Ps: have searched for similar topics and i think restrictions were lifted in the last couple of years ??

15 February 2016, 09:44 AM	#2
beshannon "TRF" Member Join Date: Jun 2009 Real Name: Brian Location: Northern Virginia Watch: One of Not Many Posts: 17,892	The watch would need to be declared whether it is shipped or brought into the US. __________________ IWC Portugieser 7 Day, Omega Seamaster SMP300m, Vacheron Constantin Traditionnelle Complete Calendar, Glashutte PanoInverse, Glashutte SeaQ Panorama Date, Omega Aqua Terra 150, Omega CK 859, Omega Speedmaster 3861 Moonwatch, Breitling Superocean Steelfish, JLC Atmos Transparent Clock

15 February 2016, 10:01 AM	#3
TimeToGo 2024 SubLV41 Pledge Member Join Date: Sep 2008 Location: North Florida Posts: 16,736	Yes, you can sell a Rolex and declare the entry as such into the U.S. Any shipment over $2,500 will need a declaration and filling out a Customs and Border Protection form 5106 by the buyer. It will depend whether the recipient has received prior shipments over this amount, i.e. a business, or declared as a one time importation as an individual that will not require the import tax.

15 February 2016, 12:14 PM	#4
silverbullet818 "TRF" Member Join Date: Nov 2015 Location: Canada Posts: 839	I'm sure you can sell it. There is no restrictions there. What the buyer needs to find out though is what taxes is he on the hook for if any to uncle Sam. His/her issue may be if down the road he gets questioned upon reentry into the US. The watch serial after all will say the watch was shipped by Rolex to Canada.

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