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Reply to "How do you save money on luxury goodsd in France? Please explain . . ."
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[quote=Anonymous]I think this is a valid question OP so ignore the naysayers. To “save money” you will want to take advantage of the VAT refund which means you need to bring your passport with you when shopping and say at check out that you want to make sure you have the VAT paperwork—do this at the start of the transaction. Keep your receipts and unused goods for the airport (note that you will need to carry your goods with you and they can’t be in checked luggage). You get to the airport earlier to give yourself plenty of time to process the VAT refunds at the kiosks. Before you leave familiarize yourself with the VAT in your country of travel (e.g. understand at what purchase price your VAT refund would kick in) It is possible to search some of the luxury brands international websites from the US, which can be helpful in determining what items might be offered at a discount compared to US prices. I just did a quick Louis Vuitton comparison and the US location bag was priced at $2850 (pre sales tax) and in France the same bag was priced at 2300 euro or $2465 with todays exchange rate, so that’s already a more than $300 savings before you factor in the VAT refund which could be around $250. So your $2850 LV handbag in the US would cost you $2215 if purchased in France. That said not all luxury goods abroad are priced with that much of a differential so it’s worth while to do some research in advance and to go in with a plan. [/quote]
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