Country-level market atlas
Watch markets by country
The 10 jurisdictions that matter for ultra-luxury watch acquisition. Tax regimes, key retailers, auction infrastructure, where to buy, where to sell.
Switzerland
Manufacturing Capital
8.1% VAT (reclaimable for non-Swiss residents on departure).…
Japan
Vintage Specialist Capital
10% consumption tax (tax-free shopping for tourists with pas…
United States
Auction Capital
No federal VAT. State-level sales tax 0-10%. Import duty 0% …
United Kingdom
Secondary Market Hub
20% VAT (reclaimable for non-UK residents on departure = eff…
Germany
Lange Homeland
19% VAT (reclaimable for non-EU residents). 0% import duty.…
France
Haute Joaillerie Capital
20% VAT (reclaimable for non-EU residents). 0% import duty.…
Italy
Design Collectors
22% VAT (reclaimable for non-EU residents). 0% import duty.…
UAE (United Arab Emirates)
Fastest Growing Market
5% VAT (lowest in the developed world). 0% import duty for p…
Hong Kong
Primary Asian Hub
0% VAT, 0% sales tax, 0% import duty, 0% capital gains.…
Singapore
Asian Institutional Hub
9% GST (claimable for tourists with departure). 0% import du…