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 Would it be cheaper to buy luxury watch overseas?, If can get tax rebated (ie Japan)

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TSbabylon52281
post Apr 10 2023, 09:40 AM, updated 2y ago

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Hi watch collectors.

As I would be travelling again after pandemic, I am interested to know if it would be cheaper to buy a luxury watch in overseas (in England/Europe or Japan) vs same exact model in Malaysia.

I know there will be differences in prices due to exchange rate, and some added cost if I were to use CC, but if I could get tax rebated (as a visitor in countries like Japan), would it be cheaper to buy there?

Ohh and to be clear this is not the same as buying online from overseas shops, I mean going to the country and physically buying the watch from a shop.

I am a noob in this watches thingy so give me your thoughts if anyone have tried. Thanks. notworthy.gif
adamtayy
post May 23 2023, 12:16 PM

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go longines boutique shop

find 'Zulu Time' automatic watch

5 yr warranty

RM13,600
infiniti123
post May 23 2023, 12:50 PM

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QUOTE(babylon52281 @ Apr 10 2023, 09:40 AM)
Hi watch collectors.

As I would be travelling again after pandemic, I am interested to know if it would be cheaper to buy a luxury watch in overseas (in England/Europe or Japan) vs same exact model in Malaysia.

I know there will be differences in prices due to exchange rate, and some added cost if I were to use CC, but if I could get tax rebated (as a visitor in countries like Japan), would it be cheaper to buy there?

Ohh and to be clear this is not the same as buying online from overseas shops, I mean going to the country and physically buying the watch from a shop.

I am a noob in this watches thingy so give me your thoughts if anyone have tried. Thanks.  notworthy.gif
*

before the luxury tax hits malaysia in any sort of ways, malaysia is still one of the cheapest place to get even after tax refund. gone were the days of 2012,2015 where it was cheaper to go europe to get a watch. haha
TSbabylon52281
post May 23 2023, 04:12 PM

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QUOTE(infiniti123 @ May 23 2023, 12:50 PM)
before the luxury tax hits malaysia in any sort of ways, malaysia is still one of the cheapest place to get even after tax refund.  gone were the days of 2012,2015 where it was cheaper to go europe to get a watch. haha
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Ohh I see. Still cheapest yea. When I was last in Japan I was buy buy buy stuff then claim claim claim so it felt like worth buying luxury things overseas. icon_idea.gif

Is RM5-8k enuff for a tourbillon type watchpiece? I really want this but have to see the budget. Haha.

This post has been edited by babylon52281: May 23 2023, 04:13 PM
ck77
post May 23 2023, 04:17 PM

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QUOTE(babylon52281 @ May 23 2023, 04:12 PM)
Ohh I see. Still cheapest yea. When I was last in Japan I was buy buy buy stuff then claim claim claim so it felt like worth buying luxury things overseas.  icon_idea.gif

Is RM5-8k enuff for a tourbillon type watchpiece? I really want this but have to see the budget. Haha.
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Yes China made tourby
TSbabylon52281
post May 23 2023, 10:52 PM

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QUOTE(ck77 @ May 23 2023, 04:17 PM)
Yes China made tourby
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China made but watch is German brand yea? https://www.tourbywatches.com/watches/
Clockwork too design in Germany?
In KL where to find it?

This post has been edited by babylon52281: May 23 2023, 10:59 PM
kiasunkiasi
post Jun 1 2023, 04:41 PM

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QUOTE(babylon52281 @ May 23 2023, 04:12 PM)
Ohh I see. Still cheapest yea. When I was last in Japan I was buy buy buy stuff then claim claim claim so it felt like worth buying luxury things overseas.  icon_idea.gif

Is RM5-8k enuff for a tourbillon type watchpiece? I really want this but have to see the budget. Haha.
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with modern material and technology, wristwatch nowadays benefit nothing from tourbillon, it's now just for decoration and show off only
not sure RM5~8k can buy a tourbillon watches, but you can check Chinese made e.g. Seagull
kitchong
post Feb 18 2024, 07:22 AM

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QUOTE(babylon52281 @ May 23 2023, 04:12 PM)
Ohh I see. Still cheapest yea. When I was last in Japan I was buy buy buy stuff then claim claim claim so it felt like worth buying luxury things overseas.  icon_idea.gif

Is RM5-8k enuff for a tourbillon type watchpiece? I really want this but have to see the budget. Haha.
*
A watch with tourbillon typically costs close to RM100,000 my friend.
swanlover
post Feb 19 2024, 01:12 PM

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Most of the plp come to Mal to buy watches as we are almost the cheapest in the region..

Mal, Jap, Hk, almost the cheapest in the world...unless u are talking about vintage then diff stories...
SUSfuzzy
post Feb 19 2024, 04:19 PM

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QUOTE(kitchong @ Feb 18 2024, 07:22 AM)
A watch with tourbillon typically costs close to RM100,000 my friend.
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Is ok la, can get chinabilion hehe. Few k only.
TSbabylon52281
post Feb 20 2024, 09:44 AM

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Hi, thanks for the feedback. After considering for the past 6 months I decided to go with an automatic Hamilton instead. Bought it locally instead as I couldnt fit a watch shop visit into my trip to Europe last year LOL!

So far its been great!
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hxcpride
post Feb 20 2024, 09:02 PM

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QUOTE(babylon52281 @ Feb 20 2024, 09:44 AM)
Hi, thanks for the feedback. After considering for the past 6 months I decided to go with an automatic Hamilton instead. Bought it locally instead as I couldnt fit a watch shop visit into my trip to Europe last year LOL!

So far its been great!
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Congrats. you can never go wrong with the robust best value swiss watch Hamilton! Enjoy it with good health!
hxcpride
post Feb 20 2024, 09:05 PM

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QUOTE(swanlover @ Feb 19 2024, 01:12 PM)
Most of the plp come to Mal to buy watches as we are almost the cheapest in the region..

Mal, Jap, Hk, almost the cheapest in the world...unless u are talking about vintage then diff stories...
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Yes you are absolutely right. Always buy watches in Malaysia if you live in Europe hahaha.

This post has been edited by hxcpride: Feb 20 2024, 09:06 PM
TSbabylon52281
post Feb 21 2024, 05:20 PM

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QUOTE(hxcpride @ Feb 20 2024, 09:05 PM)
Yes you are absolutely right. Always buy watches in Malaysia if you live in Europe hahaha.
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Otoh I found out that its much much cheaper to buy LV & others in Europe than in Msia!
hxcpride
post Feb 22 2024, 06:37 AM

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QUOTE(babylon52281 @ Feb 21 2024, 05:20 PM)
Otoh I found out that its much much cheaper to buy LV & others in Europe than in Msia!
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not sure in those areas, but we got a lot of tax in Sweden. so at least not in Scandinavian countries. I've been told to get watch in a small country or city where they are much cheaper.


hxcpride
post Feb 22 2024, 06:41 AM

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QUOTE(babylon52281 @ Feb 21 2024, 05:20 PM)
Otoh I found out that its much much cheaper to buy LV & others in Europe than in Msia!
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could be cheaper if you buy French brands in France like LV.
As long as you don't have to pay the tax at the custom in the airport.
Buying goods from overseas usually will be taxed in customs.

hell bringing your own personal watches can be taxed when you are travelling abroad with multiple of your watches collections or a very expensive watch. so beware.

check this link where Arnold got taxed where he brought his AP watch abroad .

https://www.nydailynews.com/2024/01/17/arno...-airport-watch/

and check this
https://www.channelnewsasia.com/singapore/l...aration-3025986


This post has been edited by hxcpride: Feb 22 2024, 06:55 AM
TSbabylon52281
post Feb 22 2024, 09:23 AM

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QUOTE(hxcpride @ Feb 22 2024, 06:41 AM)
could be cheaper if you buy French brands in France like LV.
As long as you don't have to pay the tax at the custom in the airport.
Buying goods from overseas usually will be taxed in customs.

hell bringing your own personal watches can be taxed when you are travelling abroad with multiple of your watches collections or a very expensive watch. so beware.

check this link where Arnold got taxed where he brought his AP watch abroad .

https://www.nydailynews.com/2024/01/17/arno...-airport-watch/

and check this
https://www.channelnewsasia.com/singapore/l...aration-3025986
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Mind you even at LV flagship in Paris, after EU to RM converted its still cheaper than LV Msia boutique plus the VAT rebate after that, on a rough calculation if I bought RM 10k worth of luxuries the savings could have paid my trip to Paris.

I was considering that for my Hammy too but not knowing if the model I wanted will be instock at the shop when Im there plus my tight schedule meant I missed that opportunity. Just as well the local AD gave me a nice discount upfront which I might not get if i were to buy overseas so cest la vie...

This post has been edited by babylon52281: Feb 22 2024, 10:26 AM
hxcpride
post Feb 22 2024, 01:20 PM

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QUOTE(babylon52281 @ Feb 22 2024, 09:23 AM)
Mind you even at LV flagship in Paris, after EU to RM converted its still cheaper than LV Msia boutique plus the VAT rebate after that, on a rough calculation if I bought RM 10k worth of luxuries the savings could have paid my trip to Paris.

I was considering that for my Hammy too but not knowing if the model I wanted will be instock at the shop when Im there plus my tight schedule meant I missed that opportunity. Just as well the local AD gave me a nice discount upfront which I might not get if i were to buy overseas so cest la vie...
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That's awesome! i got a couple hammy! love that brand , history and heritage! They're not expensive and you are able to get good discount from local retailer here. So buying locally is still ok. Unless you are buying high end watches. Like most watches i know they cost a lot more in EU especially in UK and Scandinavia. Its so expensive to the point if you are buying your watches in Asia, and move to Europe,..you have to pay all the VAT and count as Import Goods. Tudor black bay 58 cost 5000 ringgit more in Sweden compared to here. so thats one example. I ended up bought my BB58 down here in Malaysia a couple weeks ago. Still in my honeymoon phase.



This post has been edited by hxcpride: Feb 22 2024, 01:33 PM
TSbabylon52281
post Feb 23 2024, 09:47 AM

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QUOTE(hxcpride @ Feb 22 2024, 01:20 PM)
That's awesome! i got  a couple hammy! love that brand , history and heritage! They're not expensive and you are able to get good discount from local retailer here. So buying locally is still ok. Unless you are buying high end watches. Like most watches i know they cost a lot more in EU especially in UK and Scandinavia. Its so expensive to the point if you are buying your watches in Asia, and move to Europe,..you have to pay all the VAT and count as Import Goods. Tudor black bay 58 cost 5000 ringgit more in Sweden compared to here. so thats one example. I ended up bought my BB58 down here in Malaysia a couple weeks ago. Still in my honeymoon phase.
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Loving my Hammy as well! rclxm9.gif

My Swede friends annually make summer trips down south ie Italy, Spain, Greece, so if they wanted something cheaper than in Sweden they buy from those countries. Sweden is such a lovely peaceful country and I hope to go again but the winter months there is no joke and the VAT as well!
hxcpride
post Feb 23 2024, 09:38 PM

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Yeh its pretty common for Swedes to go to Southern Europe during summer. My fave holiday has been in Italy. Been to few cities and Ate a ton of carbs and gelatos hahah. It's not the just the VAT, i personally paid 32.5% taxes in Sweden hahaha but i dont mind this as the money goes back to the ppl as well....thanks for the tip about buying watches in southern europe though. Next time ill check out some watches in southern europe. Still believe Malaysia cheaper. Winter life is all about Netflix & Chill lmao. Pubs and nightclubs are your bestfriend for the weekends ahhaha

This post has been edited by hxcpride: Feb 23 2024, 09:40 PM

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