Brand-Name Luxury at Bargain Prices?! Why Japan is the Best Place to Buy Quality Watches! | LIVE JAPAN travel guide (2024)

FAQs

Is Japan a good place to buy Rolex? ›

Japan: In recent years, Japan has become one of the cheapest places to buy Rolex watches. The Japanese yen has weakened against the US dollar, making it more affordable for foreign buyers. Additionally, Japan has a competitive market for luxury goods, which has contributed to lower prices.

To say the least, the number one reason is “inexpensiveness.” Foreign brand-name wristwatches can be purchased in Japan at astonishingly low prices! There are several reasons for this. Firstly, regular prices in Japan are low to begin with, as wristwatch specialty stores in Japan have strong purchasing power.

Watch collectors are increasingly aware that Japan is a very good place to find pre-owned modern and vintage timepieces, but actually acquiring said watches from Japan is a less-than-user-friendly experience (for the most part).

There's usually no import duty added for individual watches as it's capped at something like 80p. Apparently used watches are quite a tough sell in Japan unless they are immaculate, which means they are cheaper to source and sold out of Japan at lower prices.

Some of the most expensive items in Japan are taxi fares, entertainment such as movies, and essential living costs such as utilities and education. However, Japanese medical expenses are notably cheap, which is good considering that this worldwide medical system is a particularly important part of our lives.

The differences between Swiss and Japanese movements are mostly that Swiss movements are typically more aesthetically designed, whereas Japanese movements are built more with precision and accuracy in mind. Both are used to power watches of all different kinds, and used by many watchmakers around the world.

Reportedly, more and more Chinese individuals are selling their prized possessions such as Rolex watches and Hermès bags. The rationale is to make money, but according to experts, the prices of these goods have fallen so rapidly in recent times that it is a loss-making trade for the panicked sellers.

Why do people say Rolex watches are relatively inexpensive when they travel to Dubai if that is the case? It is because of the pre-owned market situation. Due to the low availability, these watches often go at a premium in the pre-owned market. And that is where you can see a price difference.

That's when Rolex's founder Hans Wilsdorf decided to found Rolex's sister company, Tudor. Tudor offers Rolex quality and heritage at a much lower price point.

A: In general, most shops won't haggle about prices. At any big name shop, at best, they have a price-matching system. In the smaller, privately owned shops you will occasionally find places willing to make a deal. If something is a bit too pricey it doesn't hurt to ask, but generally, expect to pay what's marked.

What watches are cheaper in Japan? ›

In particular, the prices for Omega and Hamilton watches are among the cheapest in Japan. Of course, taxes are exempt, so overseas tourists can buy watches more cheaply here.

Authenticity Guarantee

Our promise: Every new and used watch on Chrono24 is authentic. Our dealers are required to inspect each watch's authenticity and may only list original timepieces. However, should issues arise, you have 14 days upon delivery of your order to contact our support team and get your money back.

Today, Seiko is one of the biggest watch manufacturers in the world, with the capability of producing their own movements, parts, and components, something few brands can actually do.

Don't lose the seller by giving a very low offer. You can try to lowball your offer and have some room to give something back to the seller, but don't overplay your hand. If the price is fixed you can always reach out to a seller if there is any room.

In the US, the average price per square foot to buy a residence in the city center is around $335, whereas in Japan a comparable figure is $760. This is an approximate 57% increase. However, on the whole, house prices are generally lower in Japan than the US, especially since the Covid pandemic.

The best time to visit Japan is during spring (March to May) and fall (September to November). This is when Japan is at its most vibrant, with delicate cherry blossom or bright red leaves adding contrast to the scenery. Remember, it can also be very crowded at this time.

3. Re: 10,000 Yen or 100 USD enough for daily spending money? Yes, this is definitely enough, if you're not planning to go to expensive attractions like theme parks. Temples and museums charge between 500 and 1000 yen admission, and some are free.

Patek Philippe consistently tops the list of best watch brands in the world and is a status symbol like no other. Founded in 1839, the Swiss company is the last family-owned independent watch manufacturer in Geneva.

A Rolex needs no introduction. One of the most coveted luxury watch brands in India and indeed, the world, a Rolex speaks for itself. A style statement and a status symbol, you cannot go wrong with a Rolex, provided you can afford it. This is not an affordable brand and is well known for its exorbitant prices.

Brand awareness is where Rolex rules. Craftmanship is where Grand Seiko dominates instead. The enjoyment that comes with wearing a Rolex is way beyond just wearing a luxury watch; it has to do with declaring your social status or celebrating a professional achievement.

What American brands are sold in Japan? ›

Some well-known American-based companies in Japan: GE, Apple, Dell, IBM, Hewlett-Packard, Google, Coca-Cola, Adidas,Nike, Harley-Davidson, Citibank, Bank of America (Merrill Lynch), Aflac, American Express, JP Morgan, Morgan Stanley, Prudential, Goldman Sachs, Procter & Gamble, Johnson & Johnson, Hard Rock Café, Tony ...

Consumer Electronics

Electronics is one of the most lucrative markets for sellers in Japan, with an average revenue per user that far exceeds other listed countries. Electronics in Japan is one of the most demanded products in Japan.

The high quality of Japanese products has been well known, as I said. Today, even in the U.S., many people admit not only that the quality of Japanese products is high, but among the best in the world. As a fruit farmer, I will write about it from the side of fruit growing.

119. In April of this year, I asked myself if the Tudor Black Bay Pro was a sort of “poor man's Rolex,” exactly as Hans Wilsdorf once intended. Wilsdorf created Tudor as a watch brand that would offer Rolex quality and service at a lower price point — more affordable timepieces that would appeal to a larger audience.

Patek Philippe has one of the highest resell values among its competitors with the exception of Rolex. So there is much truth to their campaign slogan, it's an accurate description of their products. Patek Philippe arguably owns the top-tier of high-horology.

Rolex watches show time accurately and are robust, sturdy and reliable. Maintaining consistently high quality with estimated annual production numbers of about three-quarters of a million pieces is an art unto itself. And it's to Rolex's advantage to omit unusual complications.

Rolex Sells for Higher Prices at the Airport

With this in mind, you have to be realistic about the fact that substantial discounts on watches are unlikely and it is not at all uncommon for their prices to be higher than equivalent retailers away from the airport.

Prices for this luxurious watch start at Dh65,000, going up to Dh119,000 and more for the exclusive models.

Rolex Oyster Perpetual Alternative #1: Seiko Prospex

Another Seiko, the Prospex, SPB243J1, is a superb watch on the more affordable side, as most Seiko's are, but with that premium elegance and materials. It's a good alternative to the Rolex Oyster Perpetual, but also the Datejust.

What Rolex is least in demand? ›

The Milgauss is also another less appreciated model in the Rolex lineup, it has less demand than most other Rolex professional models. With less demand also comes less production quantities from Rolex, and when it comes to the Milgauss the Z-Blue is the special edition watch to get.

The average salary in Japan varies across regions. It also depends on factors, including job location, work experience, education level, and more. So, considering all of these elements, an employee in Japan earns an average monthly salary of approximately 515,000 Japanese Yen (JPY). That's about 4,467 US Dollars (USD).

Before you hand over the money, ask 定価 teika より安くなったりしませんか (Can this price get lower than the usual asking price?).

Rolex. If you know anything about the watch industry, you'll know that Rolex watches hold their value incredibly well. There are several reasons for this: Firstly, their exceptional quality is a result of premium materials chosen by experts at Rolex.

A one-of-a-kind Grand Seiko sold for $478,800, the highest price ever paid at auction for a watch from the Japanese brand.

As a rule of thumb, most people wear a watch on their non-dominant hands. On the left hand for a right-handed person and right hand for lefties. The reason is simple, people don't want to mess up between the watch they wear and the things they do.

Counterfeit Rolex watches are, by far, the most popular within this category. On average, over 23,000 people each month search for a fake Rolex.

Where are fake luxury watches made? ›

Fake luxury watches are believed as a tribute to the rare timepieces and inaccessible models by counterfeit watch sellers. China is the largest producer of manufacturing and distributing counterfeit watches worldwide.

Look for an etched Rolex crown logo near the 6 o'clock position and on the dial above the 12 o'clock position to confirm the watch's authenticity. Check the Rolex box for a certificate of authenticity, warranty paperwork, and a manual.

The differences between Swiss and Japanese movements are mostly that Swiss movements are typically more aesthetically designed, whereas Japanese movements are built more with precision and accuracy in mind. Both are used to power watches of all different kinds, and used by many watchmakers around the world.

Switzerland

Almost every well-known watch manufacturer is located in Switzerland, specifically between the cities of Geneva and Basel.

Rolex reigns supreme.

Next up is Omega, which retained its No. 2 spot, followed by Patek Philippe and Audemars Piguet. Retailer Watches of Switzerland recently placed Rolex, Patek Philippe, and Audemars Piguet watches in its “super high demand” category.

Authorized dealers in a conventional brick and mortar shop strictly use the official price tags on their watches. However, there should always be room to negotiate about the price. Make sure you are informed about the average price of a watch before you enter the store and start to negotiate.

Purchasing from Private Sellers

If you would like to make a purchase from a private seller, the Escrow Service on Chrono24 is the most secure payment method. You transfer the amount due to an escrow account, where it is kept safe until you have the watch in your hands.

Japan is a stunning destination and highly sought after by Americans who want to retire abroad. It is very difficult to gain residency in Japan, but if you do, it can be a great place to retire.

Can an American move to Japan? Yes. You can move to Japan from the US. You'll need to apply for the relevant visa for your situation, at the Japanese Embassy or Consulate² which is closest to your home.

What's the cheapest time to go to Japan? ›

Top tips for finding cheap flights to Japan

High season is considered to be November and December. The cheapest month to fly to Japan is April. Enter your preferred departure airport and travel dates into the search form above to unlock the latest Japan flight deals.

Ideally, how long for a trip to Japan ? We recommend a minimum of 2 weeks to discover the Japanese archipelago. This is the minimum travel time in Japan to have time to visit Tokyo, Kyoto and their surroundings. For this, we advise you to spend a minimum of 6 nights in Tokyo and 6 nights in the Kyoto region .

Japanese Immigration officials are aware of the pattern of people staying for 80-90 days as “tourists,” spending a few days in Korea, Guam or some other nearby area and then seeking to re-enter Japan for another 90 days.

For instance, you will get a better exchange rate for yen in Southeast Asian countries than in Japan. But if you are traveling from the United States, definitely wait to exchange your money. You will get a much better rate in Japan for your dollars than in the US.

The best place to buy Rolex watches tax-free is in Europe. This is because of the high VAT (Value Added Tax) that the EU has. The lowest rate of VAT is 15%, but most countries have a VAT of about 20%.

Description: Not everyday do you come across a Rolex with “Made in Japan” inscribed on the watch. But rather than dismiss this as a fake, a curious mind will uncover that this was indeed a Rolex product albeit made in Japan.

Tax free shopping in Japan refers to the 8% sales/consumption tax, also known as VAT which can be claimed by foreign travelers, or you can also find tax free stores dispersed throughout Japan.

Patek Philippe

They have since become one of the world's most respected watch brands, known for its impeccable craftsmanship, exclusivity, and elegant designs. Patek often costs more than Rolex on the retail level, but both companies are innovative and offer the highest quality available on the market.

This includes the best watch brands known as the "holy trinity" which is comprised of Patek Philippe, Audemars Piguet & Vacheron Constantin as well as many other luxury watchmakers such as Jaeger-LeCoultre (JLC ), Blancpain, Ulysse Nardin, Rolex, Jaquet Droz, and more.

Why is Rolex overpriced? ›

Generally speaking, Rolex uses the 904L stainless steel in all of their collections. This ensures that all their timepieces are exquisite, tough, and long-lasting, and is a major factor why Rolex watches are all so expensive.

Rolex creates, manufactures, assembles and tests all its watches exclusively in Switzerland.

First, understand that a real Rolex timepiece is not made in China. If you find any Rolex box that states it's made in China, you should know that it is not an original. All Rolex wristwatches are made in Switzerland.

However, the criteria for a manufacturer to put 'Swiss Made' on their products means that only 60% of the final product must have been made in Switzerland itself. Specifically for Rolex, this means their movements, cases and inspections must all be made and assembled in Switzerland at the very least.

Firearms such as pistols, revolvers and machine guns, and bullets or parts thereof. Explosives, gunpowder, materials for chemical weapons, germs such as anthrax. Counterfeit, altered or imitated coins, bank notes or securities, and forged credit cards. Obscene or immoral materials, and child p*rnography.

Tipping in Japan is not expected, and attempts to leave a tip will almost certainly be turned down (a potentially awkward moment). In Japan, it's thought that by dining out or drinking at a bar, you are already paying the establishment for good service.

In general, US expats living in Japan are required to file tax returns with both the US and Japanese governments. As a US citizen, you are required to file a US Federal Tax Return every year, regardless of where you live or work.