Flying through Geneva -confused?!
Discussion
Hi all, I have a significant birthday coming up and wanted to treat myself to a watch... I have a few ideas of what I am after however I am flying through Geneva airport imminently and had a couple of questions as I am confused!, I know the exchange rate to CHF is pretty dire at the moment so is there any savings/discounts in buying at the airport when taking into account the tax implications? (UK or Geneva I suppose) Or am I better off just browsing and finding one on my return...
I would only really want to go down this route if there were significant savings to be made.
Thanks in advance
Andy
I would only really want to go down this route if there were significant savings to be made.
Thanks in advance
Andy
Well if you buy one at Geneva Airport legally you should declare it on your return and pay import duty/VAT. I think anything over £140 should in theory be decalred.
In my experience Geneva Airport is not a cheap place to buy watches....I remember pricing up my IWC there a few years ago and came to the conclusion it was cheaper to buy it in the UK. I did get 20% off here though.
You can get most watches for that kind of discount if you try hard enough.
In my experience Geneva Airport is not a cheap place to buy watches....I remember pricing up my IWC there a few years ago and came to the conclusion it was cheaper to buy it in the UK. I did get 20% off here though.
You can get most watches for that kind of discount if you try hard enough.
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