Buying a watch from overseas dealer

[wheretheroadends]

Hi everyone.

I've been looking at some watches and the current Eruo exchange rate is helping some of the overseas prices. Can you let me know if I'd be responsible for import taxes/duties if a watch is shipped from a European dealer? Thanks!

[Malak]

VAT refund

http://www.globalblue.com/destinatio...ng-in-germany/

http://europa.eu/youreurope/business...d/index_en.htm

[wheretheroadends]

Originally Posted by Malak

VAT refund

http://www.globalblue.com/destinatio...ng-in-germany/

http://europa.eu/youreurope/business...d/index_en.htm

I appreciate that. I'll study the links more this weekend but sounds like VAT is not charged if goods are sold to a customer outside the EU. Still wondering if the U.S. will charge anything to clear the package?

[Old Expat Beast]

Yes, there most likely will be import duties, and if it's a Rolex you risk having it confiscated to due trademark protection law.

[MonBK]

Originally Posted by wheretheroadends

I appreciate that. I'll study the links more this weekend but sounds like VAT is not charged if goods are sold to a customer outside the EU. Still wondering if the U.S. will charge anything to clear the package?

Of course, the US is not a tax free country.

[unclesallie]

hmm..you do run the risk of losing it to US customs

[M777]

If it's not a Rolex, buy. I have gotten good deals on Omegas from overseas. Factor around 150 in duty for a 2K piece to your cost.

[wheretheroadends]

Thanks everyone. It's a Patek and I just got an actual quote from UPS of less than $4/$1000 value. Can't complain about that!

[wheretheroadends]

By the way, why is a Rolex in danger of confiscation if imported? I'm looking a one of those too.

[Laszlo]

I bought a Tudor from a AD in Isreal and outside of paying duties when it got here (FedEx) managed it, I got another bill in the mail from the California Tax Board which taxed me even more. So in the end I didn't save so much.