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Where To Buy Balmain The Cheapest in 2024? (Cheapest Country & Place, Discount, Price, VAT Rate & Tax Refund)

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Where To Buy Balmain The Cheapest in 2024? (Cheapest Country & Place, Discount, Price, VAT Rate & Tax Refund)

Pierre Balmain opened his quintessentially Parisian couture house in 1945, creating an aesthetic that became synonymous with easy sophistication and simple elegance. Balmain’s inimitable blend of structured tailoring and tough-luxe glamour has made the French maison an icon for in-the-know fashion followers. The brand's tessellating motif enlivens everything from relaxed-fitting tops to insulating outerwear. The “Balmain Paris” logotype appears throughout the range of streetwear that includes hoodies, T-shirts and jogging bottoms. Balmain is so expensive, and which country to buy Balmain the cheapest? Is Balmain cheaper in Europe? Is Balmain cheap in Paris? Is Balmain a good investment? Where to buy cheap Balmain t-shirt? How to get tax refund? In this guide, I will tell you the answers and recommend you some best and cheapest places to buy Balmain online!

Cover Photo:harrods.com

1. The Cheapest Country to Buy Balmain 2024

The prices of Balmain 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 Balmain cost comparison between the UK, US, Europe, Canada, Australia, Japan, Singapore, and HK. 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 iconic Balmain Paris logo T-shirt. Balmain brings modern opulence to casual pieces - The Logo T-shirts. It's made of 100% organically cultivated cotton. You can choose from statement-making motifs adorned with metallic touches and painterly prints, or opt for pared-down styles in dark colors. Pricing and exchange rates are as of November 23. 2024.

Country & Region	Local Price	USD Equivalent Price	General VAT Rates
United States	$550	$550	0%-9.55%（Sales Tax-different states vary）
United Kingdom	£395	$477.44	20%
France	€395	$419.84	20%
Italy	€395	$419.84	22%
Austria	€395	$419.84	20%
Ireland	€395	$419.84	25%
Switzerland	€330	$343.81	7.7%
Germany	€395	$419.84	19%
Finland	€395	$419.84	24%
Spain	€395	$419.84	21%
Japan	Ұ65000	$467.83	Consumption tax: 10%
Australia	AU$750	$506.10	Goods and services tax: 10%
Canada	CA$695	$520.55	Combined federal and provincial/territorial sales taxes range from 5% to 15%.
HongKong(China)	HK$4700	$601.97	There is no VAT or sales tax in Hong Kong
Singapore	$470 + $35.49 sale tax	$505	Goods and services tax: 7%

What is VAT?

The value-added tax (VAT) along with the goods and services tax (GST) is a consumption tax, which means it is paid by the private consumer.

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. VAT is commonly expressed as a percentage of the total cost. For example, if a product costs $100 and there is a 15% VAT, the consumer pays $115 to the merchant.

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 7-25% 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.

However, the UK government has recently removed the VAT refund system in the UK, so this does not apply if you are buying any luxury goods in London.

Source:balmain.com

Conclusion:

As you can see from the chart above: if you are going to buy Balmain T- shirt, the cheapset country is in Europe(especial Switzerland, Ireland, Italy, Finland, Spain). The two main reasons for why people choose to shop for luxury in Europe are VAT-refunds and cheaper prices.

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.

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Eligibility for a VAT refund in EU

The conditions will vary a bit depending on the country and the store, but normally you have to meet the following (in France):

Spend at least €100 in the same store and on the same day;
Come from a country outside the EU;
Be 16 or older;
Stay in Europe for 6 months maximum;
Have your passport with you when you're shopping;
You will then benefit from of a 12% refund on the price of each product.

How To Acquire Tax-refund in Europe?

1) Purchase Your Items

Go to the merchant and purchase your Breitling watch.

2) Get Your Passport Ready

In order to get your tax-refund, you will need to prove that you are a tourist from another country.

3) 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.

4) Get Documents Stamped

Your document will need to be stamped at customs before you can apply and return home.

5) Get Your Refund

It's very important you remember to drop your tax refund paperwork off at the airport. At Paris - Orly or Paris - Charles de Gaulle airport, locate the tax refund desk, scan the document, and pop it into a mailbox, which is located in the terminals at both of these airports.

You can receive this VAT sales tax back immediately in cash - you will receive 10.8% of your purchase back if you leave the EU within 21 days. Or you can wait a little bit longer and receive the refund via your credit card, this may take up to three months but you will get 12% of your purchase back.

How long can you get a VAT refund?

In European countries, most downtown department stores, large shopping centers, brand stores, factory stores, specialty stores, etc. can get tax refunds, and you must look for the "VAT Refund" and "Tax Refund" signs. Within 3 months before leaving the country and returning to China, tax rebates can be obtained for clothing, cosmetics, luggage, electronic products, handicrafts and other items that can be carried out of the country purchased in these places.

Source:harrods.com

Why is Balmain popular?

As a historic Parisian house with a long history of couture mastery, Balmain highlights its impressive expertise-while, at the same time, always remaining modern, always reflecting the way that today's women and men wish to dress.

Its creations honour traditional craftsmanship - with details such as delicate stitching and expert pleating - while embodying a contemporary sensibility.

Why Is Balmain So Expensive?

Balmain can be considered an expensive brand because it's a well-known luxury label that provides status and exclusivity to those who wear its products. It also offers design value, has a loyal customer base, and higher consumer demand, and celebrities bring awareness and desirability to any luxury brand, making the label seem more exclusive, and making it more expensive. Besides, Balmain’s aesthetic communicates the quality underlying the brand, so customers pay more for it.

Is Balmain worth the investment？

Balmain offers designer value with timeless classic pieces, emphasizing impeccable construction and simple elegance (at least to most products since you can find some very extravagant).

Customers want to identify with brands that celebrate their designs, aesthetics, and sophistication. Balmain is one of those brands, so consumers stay loyal to the brand and keep purchasing no matter the price asked.

Source:balmain.com

2. The Cheapest Place to Buy Balmain Online

1) SSENSE

SSENSE is a multi-brand retailer based in Montreal, Canada specialising in the sale of designer fashion and high end streetwear. It's a global technology platform operating at the intersection of culture, community, and commerce.

Headquartered in Montreal, it features a mix of established and emerging luxury brands across womenswear, menswear, kidswear, and Everything Else™.

You can find Balmain elevated essentials and accessories includes sharply tailored blazers, biker jeans and cargo pants, leather motorcycle jackets, loungewear, shoes, and graphic knits.

Source:ssense.com

Balmain Prices: $63-$3820

Coupon or Discount:

-Free shipping on orders over $100 and free returns on all orders.

-Up to 45% off selected Balmain items.

Extrabux Cash Back: up to 20-24% Extrabux cash back

2) Giglio UK

GIGLIO.COM was established in 1996, right at the beginning of the e-commerce era, becoming the first Italian online fashion store. Today GIGLIO.COM is a global independent fashion destination devoted to style, committed to offering its customers a truly superb experience. Find the latest clothing and accessories trends from the most sought-after women's collections. With more than 500 luxury fashion brands for women, men, and kids, they reach clients in over 150 countries. You can find discounted Balmain items here.

Source:giglio.com

Balmain Prices: $358-$4272

Coupon or Discount:

-Free shipping on orders over $502.

-Up to 50% off selected Balmain items.

Extrabux Cash Back: 8.5-10.5% Extrabux cash back

3) Selfridges

Selfridges is a British high-end department store founded in 1909 by Harry Gordon Selfridges. Its flagship store in Oxford Street, London opened on March 15, 1909 and is now the second largest department store in the UK after Harrods.

Selfridges is the only store to be named Best Department Store in the World four times. In their curation, you can expect Balmain's contoured blazers shaped with strong shoulders and cinched waists that convey this fearless sensibility. Visually arresting accessories, bags and hats will provide dramatic finishing touches to your outfit. The selection extends beyond Balmain's fashion line to the label's hair tools.

Source:selfridges.com

Balmain Prices: £29-£3095

Coupon or Discount:

-Signup to Sefridge for ftee dlveries.

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4) THE OUTNET US

Launched in 2009, THE OUTNET has since established itself as the benchmark of luxury discount shopping, offering over 350 designer fashion brands at exceptional prices of up to 70% off. Strong relationships with leading luxury brands elevates THE OUTNET, with a dedicated buying team in London purchasing over 90% of stock direct. You can get big discount on Balmain dresses, tops, pants and more here.

Source:theoutnet.com

Balmain Prices: $130-$3105

Coupon or Discount:

-Free standard shipping.

-Up to 70% off selected Balmain items.

-Extra 25% off with code BLACKFRIDAY T&Cs Apply

Extrabux Cash Back: 5-6% Extrabux cash back

5) Harrods

Harrods department store is one of London's most famous and iconic shops. The history of Harrods first starts in 1824. From exquisite and authentic decorations to high-quality goods, Harrods department store is definitely a must-see in London. Harrods calls itself the "world's most famous department store" on its website, and it's hard to argue. It's synonymous with luxury and opulence. You can buy Balmain bags, clothing, shoes and accessories here.

Source:harrods.com

Prices: $41-$4716

Coupon or Discount:

-Earn points for every £1 you spend & every 500 points is equal to £5.

-Free UK delivery on all orders with a minimum spend of £100 (excluding Furniture orders).

Extrabux Cash Back: up to 4-5% Extrabux cash back

6) Saks Fifth Avenue

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.