HELLLLP!!!
Does anyone know how you buy in Europe and bring back to US?
Is Louis cheaper in Europe?
How do you travel and where do you leave your purchases in the hotel room?
Is it safe to buy them and leave it in the hotel?
How much is the tax?
How do you bring them back to US? Is there any import taxes?
Do you have to declare each and every item on paper when you enter the US?
How much are you allowed to bring back?
Any advice is greatly appreciated as I would like to go to Europe-especially Paris to do some shopping!!!
THANKS!!!
This past year, I've been to Paris and to London. I picked up several items each time because it was significantly cheaper.
If you visit their websites, the price you see is the price you pay - tax (~20%) is included. If you spend more than 175 in France or £30 in the UK, you qualify for a VAT refund. To claim a VAT refund, you have to ask the sales associate at the time of purchase for a VAT refund form. For Louis Vuitton, you can bring a copy of your passport. For Chanel, you need your actual passport because they scan it.
If you opt for a refund back to your credit card, the refund is 12%. If you opt for a cash refund at the airport, the refund is 10%. Some people prefer the cash refund because they don't have to worry about waiting for a refund. Keep in mind, getting a cash refund takes longer.
At the hotel, I either lock my purchases in the safe or in my luggage. I always bring small luggage locks for safety.
When you pack your items, pack them in your carry-on. A customs agent may ask to see them. The items need to be new.
If you depart from Charles de Gaulle airport, you can use a PABLO kiosk to obtain your customs stamp. It's quick and easy. After that, if you're getting a credit card refund, all you need to do is deposit the form into the appropriate box near the PABLO kiosks. They have a box for Premier Tax Free and a box for Global Blue.
If you depart from Heathrow, you have to wait in line for a customs agent at Travelex. They do everything - stamp your form and process your credit card refund. You'll receive it within five business days.
Extra tidbit: If you depart from Heathrow Terminal 5, there's a duty-free Louis Vuitton! You save an average of 17% off the retail price.
You can bring back $800 worth of stuff without paying import tax. After $800, you pay an import tax of 2%.