As a follow-up: any creative ways to work around this? Other than the seller agreeing to deflate the value for customs? Thanks
Given how fluid it all is it’s probably best not risk it, even if you were fine doing the low value thing it’s entirely possible they start doing that German customs thing where they see your watch, Google it and pick the much higher value they think fits best if they suspect you went low.
US is a pretty big market as is, probably best to just stick within that region, or maybe sneak across the northern border and smuggle it back in the old prison-pocket.
A new way to get a brown dial.....
20 years from now there will be people asking why their dad’s old vintage Seamaster 2531.80 looks so… tropical.
And I’ll be here to tell them, well there were 39% tariffs on Swiss watches, so your dad got a sweet deal from a loony Québécois barrel-roller, and swam across the St Lawrence River with his Seamaster Pro up his ass.
Imagine how much that’s going to suck for the Panerai guys.
Yes, I think you'd only have to live there for about a year. If you've owned something for a long time, I don't think you need to declare it when re-entering.
Ok, here’s my confusion: what I read says when you import a Swiss watch to the US, there’s a 39% tariff on the movement, and 15% on the rest.
So, let’s say we have a $10K Ed White. The 321 movement is, what, $2-3K, amd and a case, pusher, dial and crystal like $5K ? That approximately $1,000 on the movement, and $750 on the rest? OR…is the tariff determined by the total purchase price the seller states on the form?
