WEALTHY AMERICANS ARE TRAVELING TO EUROPE TO DODGE TARIFFS ON LUXURY GOODS
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✍️ A couple is planning a ski vacation to Switzerland to buy a luxury watch at a discounted price due to US tariffs on Swiss goods.
👉 US tariffs on Swiss goods have made luxury goods cheaper abroad 👉 Travelers can claim a VAT refund, which can be up to 15% 👉 Refunds can be processed at airports upon departure 👉 Travelers must declare their purchases and pay duties upon re-entry to the US 👉 There are exemptions from customs duties for lower-value items
-- #Jamie #EricaJackowitz #DonaldTrump #VirginiedeMeuron #RathnaSharad #JackEzon #Switzerland #Geneva #Paris #Italy #Milan #Madrid #USVirginIslands #AmericanSamoa #Guam #travel
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