Where To Buy Bottega Veneta The Cheapest In 2023? (Cheapest Country & Place, Discount, VAT Rate & Tax Refund)
The Cheapest Country to Buy Bottega Veneta Designer Bags 2023
The prices of Bottega Veneta items vary between countries, because of the currency exchange rate, current prices, VAT, taxes and other factors that play a role in how much the luxury watch cost.
Let's look at the Bottega Veneta cost comparison between the US, UK, Europe, Canada, Australia, Japan, Singapore, and China. In this comparison, I will calculate the price difference with the currency exchange, sales tax and the VAT Refund amount.
For example, we will look at the price of Bottega Veneta Mini Pouch. This ultra popular clutch is crafted of supple calfskin leather in a rich camel brown. The bag features a ruched leather magnetic frame top to create a voluminous shape, and reflects the brand's heritage with modern attitude. Pricing and exchange rates are as of September 21. 2023.
|Country & Region||Local Price||USD Equivalent Price||General VAT Rates|
0%-9.55%（Sales Tax-different states vary）
Ұ242,000 incl. VAT
Consumption tax: 10%
|Australia||AU$2950||$1972.39||Goods and services tax: 10%|
|Combined federal and provincial/territorial sales taxes range from 5% to 15%.|
There is no VAT or sales tax in Hong Kong
|13, 9, or 6% depending on the types of goods and services|
|Singapore||SG$2940||$2083.33||Goods and services tax: 7%|
What is VAT?
While over 160 countries use a value-added tax, it is most common in the European Union. It can be labelled VAT, TVA, IVA, moms, MwST, and a few others depending on each country.
What is VAT refund?
European countries let foreign (non-EU) travelers claim a so-called VAT-refund on eligible purchases. VAT translates as “value added tax”. VAT charge in Europe fluctuates anywhere between 7 and 25 percent and is already included in the market price of an item, unlike in the U.S., where tax is an extra amount charged at checkout.
As you can see from the chart above: if you are going to purchase the Bottega Veneta bag, the cheapset place is in Europe(especial Italy, Finland, Spain, France ). The two main reasons for why people choose to shop for luxury in Europe are VAT-refunds and cheaper prices. The most expensive country to buy Bottega Veneta is China. When European luxury goods are shipped for sale overseas, they typically incur import/duty taxes and higher transportation costs. These extra costs result into higher retail prices abroad.
How to buy Bottega Veneta tax free in Europe?
1) Eligibility for VAT refunds
To qualify for a VAT refund, you must:
Be a resident of a non-EU country at the time of purchase;
Have been in EU for less than six months;
Be at least 16 years old;
The VAT rules in Europe differ from country to country.
For example, to be eligible for a VAT refund in France, you must spend a minimum of 175.01 Euros at one store. In France, the VAT refund rate is usually 12% if processed in-store via a refund agency or 20% if processed by the shopper. To receive a VAT refund in Italy, a foreign shopper must spend at least 155 Euros at one store. Then, the refund rate is 22 percent if processed by the shopper. In Germany, to qualify for a VAT refund, the total on one receipt must be 25 Euros or more. The refund rate in Germany is 19 percent if you choose to process it by yourself. The Brexit transition period ends on December 31st 2020 and it is when the VAT RES is to be abolished. Thus, from January 1st 2021 foreign travelers are no longer able to reclaim the VAT in the UK.
2) How To Acquire Tax-refund?
Purchase Your Items
Go to the merchant and purchase your LV bag.
Get Your Passport Ready
In order to get your tax-refund, you will need to prove that you are a tourist from another country.
Receive Proper Documents from Retailer
The merchant will need to create a special tax-free form for your Louis Vuitton handbag purchase. Most of the time, sales assistants will automatically fill in the paperwork for your refund, but make sure to double-check so you don’t miss out.
Get Documents Stamped
Your document will need to be stamped at customs before you can apply and return home.
Get Your Refund
1) Remember, that you must present your passport in store before checkout to receive the VAT refund paperwork.
2) Keep in mind that you will have to present your unused purchases to a customs official for inspection.
3) VAT refunds are only intended for products that are meant to be used abroad. So, make sure not to wear your new bag while still on vacation!
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Are luxury brands still cheaper in Europe?
Yes, they are! Luxury prices in Europe are cheaper because Europe is a home to many of those brands. Luxury brands are very well aware of the consumer practice to buy luxury abroad in order to benefit from lower prices. Despite certain brand efforts to minimize global price differences, Europe remains one of the cheapest places to shop luxury. Just don't forget to claim your VAT refund!
Best places to shop luxury brands in Italy
There are loads of incredible places you should shop whilst you are in Italy, as well some fantastic designer outlets where you may find great designer pieces for even lower prices.
If you are visiting Rome, you have to visit Via Condotti where you will find your favorite luxury fashion houses alongside gorgeous cafés to stop and rest your feet after a bit of retail therapy.
Tuscany not only has world famous landscapes for the perfect Italian escape, but it is also the home of The Mall. Here, you can find many luxury Italian brands and their outlet stores where you will find even cheaper prices for stunning designer pieces. Sometimes outlets offer a 50% off discount, plus you will also receive the VAT refund!
In Venice, a great place to shop is the Le Mercerie, but it can be quite busy so you may want to plan your visit carefully – perhaps visiting early to avoid crowds.
If you find yourself in Milan, you must make the trip to Designer Outlet Serravalle, where you will find the best deals on some beautiful pieces at a discounted price – what more could you want!
Is it cheaper to buy luxury Bottega Veneta in France?
Other luxury brands that are cheaper in Paris and France include Hermès, Givenchy, Bottega Veneta, Christian Louboutin, Lancôme, Guerlain, Longchamp, Celine, Diptyque, Fendi, Prada, Dolce & Gabbana, Armani, Balenciaga, Salvatore Ferragamo, Versace, Loewe, Valentino and Moncler.
Is Bottega Veneta a good luxury brand?
Bottega Veneta created an elegant pattern in woven leather, Intrecciato, which has become their visual signature. This weaving technique requires such a high level of skill that only Bottega Veneta is able to attain it. The strength of Italian craftsmanship can be felt in each of its creations: minimalist and elegant pieces that combine technical and artistic skill.
While all Bottega Veneta goods are produced in-house and by the hands of skilled artisans, their leather products are some of the most outstanding. Bottega Veneta is celebrated for its use of the finest and most exceptional leather, and it shows in its quality and prices.
Who is the target audience for Bottega Veneta?
Being a traditional consumer, it feels drawn to Bottega Veneta. DEMOGRAPHICS: A customer that is part of the Elite of their society, between the ages of 30 to 45, has a starting income of half a million dollars. It is a consumer that travels a lot and buys luxury while traveling, therefore being an indulgent traveler.
Does Bottega Veneta keep its value?
Bottega Veneta continues to outperform itself year after year since 2019, consistently retaining more and more of its retail value. The Daniel Lee impact is felt here, with New Bottega bags retaining, on average, 85% of their retail value versus Old Bottega, retaining only 31%.
The Cheapest Place to Buy Bottega Veneta Online
Neiman Marcus Group, Inc., is an American integrated luxury retailer headquartered in Dallas, Texas, 1907 which owns Neiman Marcus, Bergdorf Goodman, Horchow, and Last Call. Neiman Marcus represents the finest and most unique merchandise the world has to offer. It evokes images of preeminent designers and elegant fashion, luxurious furnishings and incomparable gifts.
When you're looking for Bottega Veneta clothing, shoes, or accessories and fragrances, head straight to the Bottega Veneta offering at Neiman Marcus. Bottega Veneta bags include clutches, bucket bags, crossbody bags, hobo bags, and more.
Bottega Veneta Prices: $90-$9500
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Bottega Veneta Prices: $190-$8,900
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24S is a proud member of the Louis Vuitton Moët Hennessy (LVMH) group. Bringing the spirit of Paris to life through an exclusive online shopping experience for men and women, 24S features a selection of more than 300 fashion and beauty brands, from the finest luxury houses to emerging designers, including the promising talent of the LVMH Prize. You can find Bottega Veneta bags, accessories, Ready-to-wear, shoes here!
Bottega Veneta Prices: $300-$9,450
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Saks Fifth Avenue is the premier destination for luxury fashion, driven by a mission to help customers express themselves through relevant and inspiring style. Since inception in 1924, they have delivered one-of-a-kind shopping experiences, featuring an expertly curated assortment of fashion and highly personalized customer service.
Their unique approach combines an emphasis on the digital customer experience with a strong connection to a network of 41 extraordinary stores across North America for seamless, all-channel shopping. Shop Bottega Veneta's apparel, shoes, handbags, accessories here.
Bottega Veneta Prices: $190-$29,000
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Bergdorf Goodman Inc. is a luxury department store based on Fifth Avenue in Midtown Manhattan, New York. The company was founded in 1899 by Herman Bergdorf and was later owned and managed by Edwin Goodman, and later his son, Andrew Goodman.
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Bottega Veneta Prices: $118-$30,000
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Founded in Paris in 2009, Vestiaire Collective is a social commerce platform that enables people to buy and sell luxury, pre-owned fashion products. Join the global fashion activist community and discover thousands of carefully curated new bags, sneakers, shoes, watches, and more. Sustainable fashion shopping has never been easier.
They add over 3,000 pieces to their marketplace every week. From second-hand LV to Gucci, Fendi to Bottega Veneta, Vestiaire Collective has an unrivaled selection of vintage and designer clothing for your sustainable fashion shopping.
Bottega Veneta Prices: $22-$30300
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