Where To Buy Bottega Veneta The Cheapest In 2024? (Cheapest Country & Place, Discount, VAT Rate & Tax Refund) (2024)

Cover Photo:neimanmarcus.com

The Cheapest Country to Buy Bottega Veneta Designer Bags 2024

The prices ofBottega Veneta items vary between countries, because of thecurrency exchange rate, current prices, VAT, taxes and other factorsthat play a role in how much the luxury watch cost.

Let's look at the Bottega Venetacost comparison between the US, UK,Europe, Canada, Australia, Japan, Singapore, and China. In this comparison, I will calculate the price difference with the currency exchange, sales tax and the VAT Refund amount.

For example, we will look at the price ofBottega VenetaMini Pouch.This ultra popular clutch is crafted of supple calfskin leather in a rich camel brown. The bag features a ruched leather magnetic frame top to create a voluminous shape, and reflects the brand's heritage with modern attitude. Pricing and exchange rates are as ofSeptember 21. 2024.

Country &Region	Local Price	USD Equivalent Price	GeneralVAT Rates
United States	$2100	$2100	0%-9.55%（Sales Tax-different states vary）
United Kingdom	£1,470	$1672.28	20%
France	€1600	$1594.18	20%
Italy	€1600	$1594.18	22%
Austria	€1600	$1594.18	20%
Switzerland	CHF 1850	$1919.18	7.7%
Germany	€1600	$1594.18	19%
Finland	€1600	$1594.18	24%
Spain	€1600	$1594.18	21%
Japan	Ұ242,000 incl. VAT	$1683.79	Consumption tax: 10%
Australia	AU$2950	$1972.39	Goods and services tax: 10%
Canada	CA$2530	$1892.82	Combined federal and provincial/territorial sales taxes range from 5% to 15%.
HongKong(China)	HK$16,500	$2102.00	There is no VAT or sales tax in Hong Kong
China	¥16500	$2342.72	13, 9, or 6% depending on the types of goods and services
Taiwan (China)	NT$65,900	$2097.95	5%
Singapore	SG$2940	$2083.33	Goods and services tax: 7%
Malaysia	MYR8,860	$1939.16	6% GST

Source:bottegaveneta.com

What is VAT?

While over 160 countries use a value-added tax, it is most common in the European Union. It can be labelled VAT, TVA, IVA, moms, MwST, and a few others depending on each country.

What is VAT refund?

European countries let foreign (non-EU) travelers claim a so-called VAT-refund on eligible purchases. VAT translates as “value added tax”. VAT charge in Europe fluctuates anywhere between 7 and 25 percent and is already included in the market price of an item, unlike in the U.S., where tax is an extra amount charged at checkout.

Conclusion:

As you can see from the chart above: if you are going to purchase the Bottega Venetabag, thecheapset place is in Europe(especial Italy, Finland, Spain, France ). The two main reasons for why people choose to shop for luxury in Europe are VAT-refunds and cheaper prices. The most expensive country to buy Bottega Veneta is China.When European luxury goods are shipped for sale overseas, they typically incur import/duty taxes and higher transportation costs. These extra costs result into higher retail prices abroad.

How to buyBottega Venetatax free in Europe?

1) Eligibility for VAT refunds

To qualify for a VAT refund, you must:
Be a resident of a non-EU country at the time of purchase;
Have been in EU for less than six months;
Be at least 16 years old;
The VAT rules in Europe differ from country to country.

For example, to be eligible for a VAT refund in France, you must spend a minimum of 175.01 Euros at one store. In France, the VAT refund rate is usually 12% if processed in-store via a refund agency or 20% if processed by the shopper. To receive a VAT refund in Italy, a foreign shopper must spend at least 155 Euros at one store. Then, the refund rate is 22 percent if processed by the shopper. In Germany, to qualify for a VAT refund, the total on one receipt must be 25 Euros or more. The refund rate in Germany is 19 percent if you choose to process it by yourself.The Brexit transition period ends on December 31st 2020 and it is when the VAT RES is to be abolished. Thus, from January 1st 2021 foreign travelers are no longer able to reclaim the VAT in the UK.

2) How To Acquire Tax-refund?

Purchase Your Items

Go to the merchant and purchase your LV bag.

Get Your Passport Ready

In order to get your tax-refund, you will need to prove that you are a tourist from another country.

Receive Proper Documents from Retailer

The merchant will need to create a special tax-free form for your Louis Vuitton handbag purchase. Most of the time, sales assistants will automatically fill in the paperwork for your refund, but make sure to double-check so you don’t miss out.

Get Documents Stamped

Your document will need to be stamped at customs before you can apply and return home.

Get Your Refund

1) Remember, that you must present your passport in store before checkout to receive the VAT refund paperwork.

2) Keep in mind that you will have to present your unused purchases to a customs official for inspection.

3) VAT refunds are only intended for products that are meant to be used abroad. So, make sure not to wear your new bag while still on vacation!

Source:neimanmarcus.com

Saving Tip:If you like online shopping, don't forget tosign up atExtrabux！(What is Extrabux),thenyou canenjoy up to30+% cashbackonyour purchase from Extrabux!Sign-Up Bonus:Free to join it& get$20 welcome bonus!Student Benefits：As long as you are a student at school, you can get a free whole year longVIP Card worth $199.