Looking to buy a Rolex. I am in Brazil for work and went to a local AD to find that it’s more expensive than in the US. I thought (my fault I guess) that it would be cheaper to buy it outside the US?

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I feel like just about everything not made in Brazil is way more expensive when purchased in Brazil.

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Brazil has one of the highest Rolex prices anywhere! That is why you see so much travel tourism from Brazil. I have numerous colleagues who travel to the US to pick theirs up

UBS1 - good to know that. Can you provide some examples?

I work with a lot of folks that live in HK and they love watches, they all told me HK is the best place to buy. I think it’s bc HK is the largest market for Swiss watch makers, the market is very deep there, thus more inventory and more room to negotiate on certain models.

Also, no sales tax in HK.

Thx for the inputs. What about Shanghai? I have a trip planned there soon.

Terrible to buy luxury goods in mainland China with the luxury tax. That is why you have so many retail tourism with folks going to Europe and US.

I am not sure, but I know a lot of mainlanders shop in HK and in the US, I think it’s bc the prices are high in China due to tariffs placed on imports.

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