Is Gucci cheaper in the Bahamas?

Gucci is less expensive than the US because they mostly sell last seasons merchandise. I got a pait of shoes and a handbag there for $700, plus no tax (you do have to pay duty on over $800, I think. Makeup is no cheaper, but no tax, so you do save a little.



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Most people equate the shopping scene in Nassau and sister island Paradise Island to the plethora of name-brand duty-free shops selling perfume, liquor, cigars, electronics and especially jewelry. It is true you can save around 40 percent on such luxury items, but not as much as in some other Caribbean destinations.

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Nassau, Nassau & Paradise Island Gucci: Nassau You can purchase Gucci watches, clocks, leather goods, accessories and shoes, designer wear, perfume, and bath products at the Gucci boutique.

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On a stroll, you'll find an excellent array of luxury and designer boutiques, duty-free outlets, and shops selling authentically Bahamian souvenirs.

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Duty-Free Shopping in the Bahamas Owing to the liberal duty-free policies of the Bahamian government, buying your must-have items in the duty-free shops means you can bring home an array of items that would be prohibitively expensive if you bought it on the sales floor of your average American store.

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Nearly all domestic supplies of goods and services are taxable at the standard rate of 12 percent.

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There are no restrictions on foreigners buying property in the Bahamas. Property purchasers are eligible for an annual Home Owners Resident Card, and those buying a property valued at $500,000 and above are given priority in permanent residence applications.

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There's a reason that Mexico is way less expensive than the Bahamas. Some of the obvious reasons are the language barrier ( although hotel personnel and merchants can speak English), money exchange ( you'll need to know the exchange rate when you go), food and water can be sketchy.

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The Crystal Court Shops offer the finest in women's and men's fashions, featuring Amici, Cole's of Nassau, Michael Kors, Gucci, Tory Burch, David Yurman, Balenciaga, Saint Laurent, and more”.

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The world-renowned Bahamas gated community of Lyford Cay, is an exclusive luxurious residential community located on the Western tip of New Providence, Bahamas. Originally developed in the 1950's, Lyford Cay remains pristine, sophisticated, safe, and extremely private.

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For a family of four, the average Bahamas trip cost is about $630 per day. Overall, the total budget for a week's trip should be around $5500, considering the flight, transport, food, entertainment and souvenirs??. Without enough budget, creating enjoyable traveling memories becomes hard??.

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However, should you decide to visit some of the local attractions, tours or shopping, you will need money. You'll find that merchants on the island do accept most major credit cards, though we recommend some cash for smaller, local merchants and restaurants who may require cash. Taxis in The Bahamas will require cash.

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Things every first-time tourist needs to know: There's no need to get your currency exchanged, US currency is accepted. You'll want to travel with cash and a major credit card though, because you'll probably need both during your stay. Tips are king. If someone helps you during your stay, tips are expected.

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The broad based consumption tax is applied to almost all goods and services that are imported, bought and sold for use in The Bahamas. Two rates of VAT are applied which is the standard rate of 10% and a zero rate of 0%. Goods exported to customers abroad are classified as exempt from VAT or zero rated.

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Fragrances are much cheaper in The Bahamas. Typically, a perfume that sells for $100 (not including sales taxes) in New York can be picked up in Nassau for $80. And 100ml of an eau de toilette spray, valued at $75 in the US is around $64 in The Bahamas.

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Who qualifies for a Bahamas VAT Refund? The VAT tax is meant to tax consumption of good within Bahamas, not goods exported to a foreign country. Therefore, Bahamas allows tourists and others who purchase goods within Bahamas for export to receive a refund of any VAT taxes paid.

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On your island trip, it's easy to save big money on expensive items – especially in the duty-free world of the Caribbean. With already-cheap prices and no sales tax, the islands are great places to find jewelry, watches, and gifts for your loved ones, or yourself. Expect to save 25 percent or more on your purchases.

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