What could be better than stumbling upon a place where you can discover LV items at a cheaper price? One such place is France. So, is Louis Vuitton really cheaper in France? The simple answer to this question would be yes. Louis Vuitton is cheaper in France than in other countries. Let’s find out the reason and all the necessary details behind it in this article.
1. Louis Vuitton, A Luxe Experience
So, if you want to feel what a high-end brand feels like, Louis Vuitton can be a great choice. It is one of the most valuable luxury brands in today’s world. It is a dream of many. It holds a solid command over the luxury fashion industry. It’s a part of LVMH and has a wide range of products, starting from its handbags( being the most valuable) to trunks, shoes, accessories, perfume, watches, leather goods, and clothes. Most of these are charmed with the Louis Vuitton monogram on their surface, especially the LV bags. So, when was this premium brand founded? The company was founded in 1854 and was headquartered in Paris, France.
What makes Louis Vuitton bags truly exceptional? The authentic Louis Vuitton bags are handmade by the experienced and finest craftsmen from all around the world, which makes them special. Even the other products are carefully made with precision and talent.
Louis Vuitton pieces are among the most expensive items. It may not be possible for everyone to buy them. Suppose you are looking for where you can find the original Louis Vuitton bags and clothes at a cheaper rate. Most of us wonder if Louis Vuitton items are cheaper in Paris. So yes, Louis Vuitton bags and clothes are usually cheaper in Paris, France, than in the US, Hong Kong, the UK, and other countries.
If you’re planning a trip to Paris soon, this might be a perfect time to buy a Louis Vuitton bag and other accessories at their best price. You can find the best price in any country within the European Union. You could save a lot of money if you buy a Louis Vuitton in Paris! And yes, this is true. You could have potential savings and get your hands on the luxury handbags. So, this is a chance to get your hands on your dream bag.
2. Why is Louis Vuitton Cheaper in Paris, France?
What makes Louis Vuitton cheaper in France? Below are the reasons:
2.1. Vat Refund
The VAT tax refund, or the sales tax, is the biggest benefit of purchasing your next Louis Vuitton item in Paris, though! This is one of the major reasons Louis Louisville is cheaper in France.
The VAT refund rate in France is around 20% on most goods, and 8% goes to the administration cost. However, it varies from country to country in all European nations if you spend more than a particular amount and are eligible for a VAT refund. For this system to work and for you to be eligible for this reimbursement, precise guidelines must be followed.
2.1.1. To Qualify for VAT Refund, You Need to :
- A non-European citizen
- Be at least 16 years old.
- You cannot be in France for more than six months.
- You need to spend more than 100.01 euros in a single store in a single day.
It is important to note that this system is accessible throughout the EU, which is fantastic news. To avoid missing out, make sure the Louis Vuitton staff fills out the necessary papers for the return and that you have your passport on hand when completing your luxury purchase.
If you leave the EU within 21 days, you will get back 10.8% of your purchase if you want to obtain the VAT refund in cash right away. Alternatively, you can hold off a little longer and get the refund on your credit card; this could take up to three months, but you’ll still get 12% of your money back.
You just need to remember to bring your form for a VAT REFUND to the airport. It’s that simple. Just find the tax refund desk, scan the paperwork, and drop it into a mailbox at the airport terminal!
2.2 No Additional Sales Tax
It’s important to note that, in contrast to the US, the price listed on an item’s price tag represents the total cost of the purchase. In contrast to the majority of the US states, there are no additional sales taxes levied.
In other words, if you benefit from the VAT refund, you save about 12% off the price you see on the website.
2.3 A French Brand
Almost all upscale goods sold domestically are less expensive to produce for the brand. Occasionally, these coat savings are transferred to the consumer. Despite their efforts to keep prices consistent throughout all of their international markets, luxury brands’ prices currently tend to be lower in their home markets, in Louis Vuitton’s example, the eurozone.
As Louis Vuitton is a French brand. The cost of manufacturing and selling the finished goods will be cheaper across all EU countries, not just France. On the other side, there will be import tax and duty tax on the things when they are imported into the UK or the US, which would increase the price for the brand.
As we previously noted, luxury firms frequently work to keep prices consistent around the world, so increasing costs don’t necessarily translate into higher prices, although it can happen. Not just Louis Vuitton but practically all other big luxury labels like Gucci and Prada are available for a little less money in France, Italy, and other European countries.
3. How Does the VAT Refund Work?
3.1 What is a VAT Refund?
The tax known as Value Added Tax (VAT) or Taxe Sur La Valeur Ajoutée (TVA) is tacked on top of every purchase. In France, the normal rate on goods purchased is 20%. Therefore, it is worthwhile to take the effort to file a VAT claim.
3.2 How to Claim VAT Refunds?
At The Airport
Before leaving the store, always request the Detaxe form and retain it with the original receipt. I’d advise having the paperwork completed in advance, if not already done by the retailer, given how busy the airport is. If you are receiving your VAT back in France, make sure to allow extra time for the airport. You will begin this process before checking your bags and going through security. Have the Detaxe form, the purchased items, and the receipts on hand.
Use the self-service PABLO machines to authenticate the tax return in the shortest solution. Only if your form includes the PABLO logo at the top is this option available. In roughly four weeks, your credit card should be credited with the refund. A Travelex counter offers this service if you’d like an immediate cash refund. Remember that if you choose a currency other than euros, they will charge a small fee and then repay you at their rate of conversion.
In-Store
The procedure for receiving your VAT refund in France is now simpler than ever, thanks to retailers like Galleries’ Lafayette. Go to the ground-floor tax refund desk in Galeries’ Lafayette Haussmann, which is close to the Rolex store. Select your form of payment after making sure you have your passport and the original receipts. Even if you use a credit card to pay, you can still choose cash. In case there is a problem with your claim later, you will nevertheless need to put your credit card into the kiosk.
The cash option requires that you depart the EU within 21 days and refund 10.8% of your purchases. You would get back 12% of your purchase price if you decided to use your credit card as payment. In roughly four weeks, you’ll get the credit, but you have 90 days to exit the EU.
Your tax refund paperwork will be prepared by the Galeries Lafayette team. After that, you’ll get a copy of the form, which you’ll need to authenticate at a Pablo kiosk when you leave France. Since the computers are connected, there is no need to send anything back to Galeries’ Lafayette. You must take the forms, receipt, passport, and purchased items to the customs office in the EU exit city if you are not leaving the EU from France.
A group of multilingual staff members will create your VAT papers and assist you in determining if you should ask for a cash or credit rebate. You’ll then take your form to one of the kiosks and scan it there. If you opt for cash, it will be delivered straight from the kiosk, much like an ATM. You’ll then proceed with the identical airport departure process.
An App
You can collect your tax returns using an app like Wevat or Airavat tax returns in addition to the traditional in-store paper option. The key benefit of using a digital approach is that you can obtain up to 23% more money back, and it applies to all businesses that issue invoices, including those that are not authorized to provide a tax refund.
Additionally, there is no minimum per-store spending. During your trip to France, you only need to spend more than €100 on all of your purchases combined. You are not required to present your passport to request a refund form.
Instead, before making a payment, you should merely request a “facture” (invoice) addressed to Wevat or Airvat. The software compiles all of the invoices you’ve uploaded into a single digital refund form, which you can quickly scan at a PABLO tax refund kiosk at the airport, train station, or ferry port where you’re leaving from before you head home.
Both the department store idea and many of the most renowned designers had their beginnings in Paris. The world’s best shopping centre is in Paris. A scarf and a pair of comfortable, fashionable shoes are equally important as an empty suitcase because the city is always at the forefront of the newest trends in fashion and design. You may fill that empty suitcase for less by reclaiming your sales tax with a little forethought and preparation.
Louis Vuitton store champs – Elysees is the company’s biggest store. It is located at no 101, right at the corner of Avenue George V and opposite Le Fouquet’s restaurant.
4. Tips on Buying Louis Vuitton
4.1 Know What You Want
Louis Vuitton is not just another brand. It has a brand value, and the customers have respect for its products. Make a mind before you enter the LV stores. At least have a rough idea. Scroll through the website, collections, and social media pages to find out what handbag or accessories you are looking for.
This will also give you ease with shopping. Also, you wouldn’t feel conscious (if it’s your first time) in front of the staff. The staff might be in a rush. They can also lose patience, which may make you feel in a hurry or rush. This might let you choose the wrong one or the one you adjusted with, as everything got chaotic over there. It’s good to be prepared beforehand.
4.2 Call in Advance
Another tip is to call a Louis Vuitton store beforehand to know the pricing and stock of the product you want. You’ll get to know if Louis Vuitton is cheaper in France. This will not only save you time and energy but also give you an idea of the expenditure you would be doing so you are prepared beforehand. Usually, Louis Vuitton stores have a long queue outside; hence, knowing the availability will make you better prepared for the time you’re spending.
4.3 Shop with Your Passport
Bring your passport to the store or else you will not be eligible for the VAT refund. Keep it handy, as they would need to check the details.
5. Will Louis Vuitton Stay Cheaper in France?
We cannot promise that the Louis Vuitton prices, especially the Louis Vuitton bag prices will always be lower in France than the US due to its recent price increases in Europe.
If Louis Vuitton’s actions in the future are any indication, the days when Americans could save a tonne of money when shopping in Europe may be a thing of the past.
Don’t get us wrong, we believe purchasing Louis Vuitton in Paris, France, will continue to be less expensive in the future, but the price difference may be less than it is now. Price difference plays an important role here. For now, is Louis Vuitton cheaper in France? It’s a yes.
6. On A Final Note
The cost of Louis Vuitton products is currently lower in France than it is in the United States. Price increases during the past five years, however, have reduced the amount that could have been saved.
Although making a special trip would negate the few hundred dollars you’ll save on your purchase.
So, if you are planning a trip to France, it would be a great idea to get Louis Vuitton goods, particularly the handbag that everyone sees at the LV store.
Last Updated on by Kirti Sharma
