All of this tariff nonsense is driving everyone crazy, but now many wealthy Americans are planning trips to Europe to buy luxury goods like watches, with the goal of bringing them back tariff-free. A recent article on CNBC specifically referencd a couple who plan on traveling to Switzerland with the plan to purchase a Patek Philippe Nautilus watch.
If you’ve been thinking about a Swiss watch, or other luxury goods, you may want to try this as well. Just hop on a plane to Europe, shop at the source, and come home with thousands in savings — not to mention some fun travel memories and a story worth telling.
Real Savings
For example, a Patek Philippe purchased in Paris can easily dodge the hefty U.S. tariffs that add 20% to 50% to the final bill. The same goes for high-fashion brands like Chanel, Prada, and Loewe. Factor in Europe’s VAT (Value-Added Tax) refund system, and suddenly airfare looks more like a savvy investment than an indulgence. One shopper scored a Loewe parka for just over $1,000 in Paris—a piece that would cost $2,750 in New York—even after flight and hotel expenses. That’s the new math of global luxury: buy where the taxes are kinder, and you win twice over.
What sweetens the deal is the VAT refund, which returns 10%–20% of the purchase price once you bring the goods out of the EU. Unlike the U.K.—which scrapped its refund scheme in 2021—France, Italy, and Spain still roll out the red carpet for foreign spenders. For the truly elite, private jet services even offer VAT-free “fly-in shopping” experiences, a loophole that makes Bond-villain extravagance feel oddly practical.
Impress Your Partner
The cool thing here is that you can actually impress your lady friend (or spouse, etc.) but taking her on a trip to Europe while also saving real money on the gifts you buy her! Flying to Paris to shop for a watch or handbag may sound extravagant, but in today’s tariff-heavy world, it’s also a power move. You get the exact product you want, a European shopping experience that feels like a film set, and—if you play your VAT cards right—a serious financial edge. Whether you’re chasing a Patek Philippe, a Hermès bag, or that Loewe parka, the game has changed: the real luxury isn’t just the item — it’s knowing how to beat the system.