Country guide
Buying ultra-luxury watches in Hong Kong
Hong Kong is the world's most tax-efficient luxury watch market. Asian collector base drives premium for rare references (especially RM, Patek complications). HK grey market consistently trades 10-30% premium over US/EU for hot references. Phillips Hong Kong holds the regional auction records.
Tax & import regime
0% VAT, 0% sales tax, 0% import duty, 0% capital gains.
Key retailers
The 1916 Company HK office, Local grey market (IFC, Central, TST)
Auction houses
Phillips Hong Kong, Christie's Hong Kong, Sotheby's Hong Kong
Best for
Tax-efficient acquisition. Asian-market-specific references. Selling rare references at peak premium.