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True but the vat back and no tax is a savings .
If you purchase over the duty-free allowance, and you declare your purchases, you most likely will owe duty on the purchases. The amount of duty assessed seems variable depending on the airport and the agent, as evidenced by the reports from members here.
Whether one declares or not is a personal choice, but the penalties if one doesn't declare and is caught are severe. One of my VCA SA's told me that she had several clients who had been caught by US Customs when they entered and didn't declare VCA purchases. I didn't ask how much they bought, but I did ask how whether her clients knew how they were caught. They speculated that because the VAT process in Paris is digitized now with Pablo, that the information was transmitted to the US.
There has been speculation by tpf members over the past couple of years that the Pablo VAT information is transmitted to US Customs, but I don't think anyone here really knows. And of course there are many people who purchase over the duty-free allowance and don't declare and don't get caught. For me it isn't worth the risk, so I do always declare.
VCA is one of the companies that strives to equalize prices across the world, like Chanel. Over the years I have looked at purchasing a couple of items (e.g. the pave butterfly earrings ), but at the time there wasn't a big savings even with the VAT refund because of the US duty and current exchange rate. I am sure there are others here who have had different experiences, I am only know about what has happened to me.
Agree 100% with the bolded part! I have ALWAYS declared all of my purchases. The benefit? Customs very often is appreciative of the honesty and has on occasion ignored my declarations and waived me through without me having to pay a cent. This has been my experience with Hermes (not VCA since I haven't purchased anything overseas....yet). Even if paying duties upon entering the US, I've found the vat refund exceeds the duty (or estimated US sales tax you'd have to pay if purchasing in the US) making it worth it to purchase overseas. If the prices are equalized for exchange rate differences this savings would be minimized. I usually keep my stuff in a spreadsheet to see which is the better option (picky, I know...).
I do the same thing. For my current wish list items, I keep a spreadsheet that reflects the current usd and euro prices and I take into account sales tax, current vat back rates (Chanel vs Hermès etc), customs duties and the current exchange rate. I don’t have a credit card fee on foreign transactions so I don’t have to add that to my spreadsheet but I do round up on the exchange rate as I feel that is needed. The one factor that I don’t take into consideration is the difference in potential exchange rates and fees when I get my H vat back on my credit card vs time of purchase exchange rate, I seem to be on the less favorable end of exchange rates by the time the refund arrives, but at least I get it back (that’s what I tell myself) On my spreadsheet I also convert the final savings or dissavings to a % as well as $ so I know if it’s ‘worth it to me’ to purchase in the US or Paris. So I am with you in the picky camp!
In general what are your current findings? Any savings on Hermes and VCA. I just bought 2 VCA pieces here in the US. I figured the savings $ to Euro. I always seem to get way less VAT than I expect and I am not going to Europe this summer so I just decided to go for it. However, curious to know your findings as your data seems extremely complete(at least more so than my justification to buy now---something is seriously wrong with me I literally can justify anything! Lol)
In general what are your current findings? Any savings on Hermes and VCA. I just bought 2 VCA pieces here in the US. I figured the savings $ to Euro. I always seem to get way less VAT than I expect and I am not going to Europe this summer so I just decided to go for it. However, curious to know your findings as your data seems extremely complete(at least more so than my justification to buy now---something is seriously wrong with me I literally can justify anything! Lol)
Agree 100% with the bolded part! I have ALWAYS declared all of my purchases. The benefit? Customs very often is appreciative of the honesty and has on occasion ignored my declarations and waived me through without me having to pay a cent. This has been my experience with Hermes (not VCA since I haven't purchased anything overseas....yet). Even if paying duties upon entering the US, I've found the vat refund exceeds the duty (or estimated US sales tax you'd have to pay if purchasing in the US) making it worth it to purchase overseas. If the prices are equalized for exchange rate differences this savings would be minimized. I usually keep my stuff in a spreadsheet to see which is the better option (picky, I know...).
White mother of pearl will be a lovely compliment to your pendant.Hi all, looking for some advice please? I am looking to add what will probably be my last bracelet/bangle and am considering the vintage Alhambra 5 motif YG MOP. I wear a small love in YG so may stack it with this or wear on the other wrist. Since I already have a VA YG MOP pendant I thought the bracelet might be a good addition. My question is to those of you who have this bracelet already-how careful do you have to be with it? I know that MOP is delicate and I’m used to being careful with my pendant, but since the bracelet will be more ‘exposed’ to the elements I wondered if those of you who have it find yourselves having to take extra special care when wearing it? I don’t want something I’ll have to baby too much so if so this one might not be the right choice for me, thought I’d ask the experts here before I narrow down my choices! Thanks all!
White mother of pearl will be a lovely compliment to your pendant.
If you wish for a more durable option I would suggest the all yg, the pave (gorgeous!), or onyx.
Hi all, looking for some advice please? I am looking to add what will probably be my last bracelet/bangle and am considering the vintage Alhambra 5 motif YG MOP. I wear a small love in YG so may stack it with this or wear on the other wrist. Since I already have a VA YG MOP pendant I thought the bracelet might be a good addition. My question is to those of you who have this bracelet already-how careful do you have to be with it? I know that MOP is delicate and I’m used to being careful with my pendant, but since the bracelet will be more ‘exposed’ to the elements I wondered if those of you who have it find yourselves having to take extra special care when wearing it? I don’t want something I’ll have to baby too much so if so this one might not be the right choice for me, thought I’d ask the experts here before I narrow down my choices! Thanks all!
I'm waiting patiently. If I had to guess, it would be blue agate.We're slipping this year, in terms of trying to worm that information out of the SAs! It was July 25th last year when @lisawhit managed to break her SA! Come on peeps, time to get out those thumbscrews!!