Quote:
Originally Posted by sidneyrendon
Hope you guys can help me out.
Rolex DJ 126334 in Italy is 8800eu (22% VAT Included).
Rolex DJ 126334 in the US $9,350 (7% tax not included)
I did the math and buying it in Italy (going this year) is around $30usd less.
My question goes to the VAT REFUND, that would make a big difference between buying it in Italy vs the US.
do you know how the VAT Refund works?
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With tax refund in italy, you'll probably end up getting back around 15% (I was last there a couple of years ago, but i highly doubt that to have changed). There are multiple ways of doing it but basically the general idea is that you have to export the goods from the EU within 90 days of purchase date. Then they send you the money back. There is another way of doing it which is you getting the money right away, but you would still have to stamp a form from customs at the airport upon leaving the EU. I have personally not tried the latter but I am almost certain it can be done and a lot of people on the forums did it without issues.
Italy - in my opinion - is one of the best countries to buy a rolex in. Their tax refund is great and they offer very aggressive discounts in general.
That fluted bezel on the 126334 is jaw-dropping in person. Good luck in your hunt!