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17 September 2018, 06:43 PM | #1 |
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Bringing back Rolex and Omega watch to the US what to expect?
I'm bringing back a speedmaster and a gmt ii back to the US tomorrow.
What should I expect in terms of duty tax? I've read people saying it's 1-5% or 3%. Will I have any issues bringing 2 watches in? Also, the AD in Budapest is sending me the box for the gmt ii. They have the watch only in the see thru travel case to save some space for luggage. Any input or advise would be great especially from those who've done it before thanks in advance! |
17 September 2018, 07:16 PM | #2 |
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its not cost prohibitive in the US for sure after getting a Europe VAT refund and you are coming out ahead.
Good for you for doing it the right way though
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17 September 2018, 09:26 PM | #3 |
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17 September 2018, 10:25 PM | #4 |
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You'll save 20% VAT and then pay something like a 3% import tax to the US. Win/win.
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17 September 2018, 10:47 PM | #5 |
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Assuming the watches are stainless steel the tax is 2.5-3%.
Be sure to have the receipts. The officers charged me 6% when I could not produce the receipts. They claimed the watches contained precious metals and jewels although they were stainless steel. Fortunately with the help of my local congressman I did receive a refund. The customs officers apparently have little oversight on what is charged in certain airports. Best of luck. |
17 September 2018, 11:00 PM | #6 |
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I wouldn't pay a penny because I wouldn't declare them, they waste enough of my taxes. Ship the boxes/packaging from abroad by slow-boat, wear one watch, keep the other in your carry on.
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17 September 2018, 11:01 PM | #7 | |
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Its illegal full stop and never OK to break the law because you disagree with it.
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17 September 2018, 11:03 PM | #8 | |
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So you are advocating committing a federal crime? Possible penalties for smuggling include seizure, fines and imprisonment. All for some jewelry, got it!
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17 September 2018, 11:10 PM | #9 |
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17 September 2018, 11:18 PM | #10 |
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yes there were some truly inspiring acts of civil disobedience i can think of, complaining about import fees isnt that.
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17 September 2018, 11:21 PM | #11 |
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17 September 2018, 11:29 PM | #12 |
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Again, regarding these import taxes in this case, I agree. But dumping tea in the harbor, as it were, is part of our history.
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17 September 2018, 11:34 PM | #13 | |
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I meticulously filled out all forms, etc., and Customs wanted nothing to do with it. They didn't give a single hoot about the loot that I was bringing back. So VAT free, Customs free, and LEGAL. |
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18 September 2018, 12:13 AM | #14 | |
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18 September 2018, 12:17 AM | #15 | |
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18 September 2018, 01:29 AM | #16 |
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18 September 2018, 04:10 AM | #17 | |
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"Taxation without representation" is far different than legal tax statutes and can result in federal charges or fines. I'm sure that shop lifters think the big retailer makes enough money too, but it's still a crime.
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18 September 2018, 04:15 AM | #18 |
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Pay your due taxes and avoid being caught committing a Federal crime and then getting deep rectal exams each and every time you travel and re-enter the country.
It’s 3% and I have had times I was getting ready to pull out my credit card and have been waived through. |
18 September 2018, 04:25 AM | #19 | |
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I was all set to pay up. They waived me on by. It could have been to not slow down my EPIC Global Entry cruise through customs. Maybe they only snag the slow pokes in the regular lines. I think I was sub 7 minutes from stepping off the plane, through customs, and rolling out with my checked bags. |
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18 September 2018, 04:32 AM | #20 | |
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18 September 2018, 04:32 AM | #21 | |
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Sent from my VS996 using Tapatalk
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18 September 2018, 04:41 AM | #22 | |
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21 September 2018, 06:49 AM | #23 |
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Here's the update on my customs experience!
I got to the airport and declared the watch. The first officer kept telling me not to lie, which was odd but I told him I am already declaring the watch so I have no intention of lying. He didn't really know what he was doing since he was more of a runner and not the customs guy. After going back and forth with him he was sent out by his supervisor (thank goodness, since he was very grumpy). Another officer handled my declaration and basically just said "thank you for your honesty" and marked my boarding pass and gave me my passport back. So in short I did declare it even though I probably would not have been checked. And the officer waived me thru! The officer did explain to me that the duty to be paid is in the discretion of the officer as well. They can charge you duty for the full price and not the price without the VAT. So good luck with who you get and hope that it's a good and fair officer. If you get lucky like me, they can waive you off. |
21 September 2018, 07:23 AM | #24 | |
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I hope I have the same end luck as you in a week and a half. It’s happened before where they have waived me on. |
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21 September 2018, 09:48 AM | #25 |
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You’re going to want to tuck it up your rear. Be sure to keep a straight face. Watch blow and write down tips from Johnny Depp.
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22 September 2018, 01:21 AM | #26 |
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22 September 2018, 02:18 AM | #27 |
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22 September 2018, 02:20 AM | #28 |
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yeah first guy was so grumpy and he didn't know what he was doing either good thing he got tossed back out. he's probably unhappy with what he's doing so he's taking it out on other people. lol! anyway good luck to you sir when you come back I hope you get waived off again so no duty! What watch are you planning to bring back?
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