Current location - Loan Platform Complete Network - Local tax - Is it cost-effective to buy gold jewelry in Hong Kong and Macau?
Is it cost-effective to buy gold jewelry in Hong Kong and Macau?
It's cost-effective. The gold price in Macau will be cheaper than that in mainland China, because there is no need to charge value-added tax and customs duties to buy gold in Hong Kong and Macao. Accordingly, the gold price will be cheaper than that in mainland China 10%.

Generally speaking, when buying gold jewelry in the mainland, the price of gold is mainly determined by the listing price of gold and the manual fee; The gold price in Hong Kong and Macao is composed of "pure gold price", commission and manual fee. If we want to compare the gold prices in the two places, we need to add them up and compare them again.

Now people don't go to Hong Kong and Macao to buy gold.

Yunxian

China, as one of the world's largest producers and consumers of gold and jewelry, once became the first choice for mainland residents to buy gold. Since when is this year, almost more and more people don't go to Hong Kong to buy gold.

With the Mid-Autumn Festival last week, the 20 16 Shenzhen International Jewelry Exhibition and Shenzhen Jewelry Festival were held in Shenzhen Convention and Exhibition Center on September 14-18, with an exhibition area of 60,000 square meters and 3,300 stations. There are about 1 100 exhibitors at home and abroad, attracting more than 40,000 professional buyers from more than 28 countries and regions around the world to visit, negotiate and trade.

Real-time gold price is the same after exchange rate conversion.

I used to buy gold in Hong Kong and Macau, which was at least cheaper 10% than in the Mainland. Mainly due to the cheap exchange rate and no value-added tax and customs duties. Nowadays, the exchange rate difference between Hong Kong dollars and RMB is getting smaller and smaller. There are fewer and fewer discounts on buying gold. Moreover, according to Announcement No.20 16 released by the website of the General Administration of Customs on April/20 16, the classification and tax rates of the Classification Table of Imported Articles of the People's Republic of China and the Duty-paid Price List of Imported Articles of the People's Republic of China were adjusted accordingly.

The newly adjusted duty-paid price list of imported goods by the State General Administration of Customs shows that when returning to the mainland from Hong Kong by land, the value of personal belongings exceeds 2,000 yuan (or more than 5,000 yuan by air), and customs duties will be levied after passing through the customs, among which the tax rate of gold, silver, jewelry and its products, artworks and collectibles is 10%.

In this way, the cost of buying gold in Macao and Hong Kong is much higher than that in the mainland. The tariff alone exceeds the price bought at home.

The income of Hong Kong and Macao is high, and the corresponding gold jewelry processing service fee is higher.

There is a common sense in buying gold, that is, the price of gold jewelry in the mainland generally consists of two parts, namely, the listing price and the labor fee; In Hong Kong and Macao, it is divided into three parts, first, the "pure gold price", then the commission (generally 2%-3% of the pure gold price), and finally the labor fee (generally 0.5%- 1% of the pure gold price), and the store will print each fee on the invoice.

Because the wages in Hong Kong and Macao are higher, the labor cost of gold jewelry in Hong Kong and Macao is higher than that in the mainland. Mainland consumers can only make conversion and comparison by adding up all the prices when purchasing. For example, when the panda gold coins sold well in one year, the sales price in the mainland was 23,500 yuan, while the price of this set of panda coins in the second-hand market in Hong Kong was as high as 25,000 yuan, which was even higher than that in the mainland.

Hong Kong, Macao and the Mainland have different pricing units.

In fact, mainland customers frequently visit Hong Kong and Macao to buy gold, but there are still many people who don't understand that the "two" in Hong Kong and Macao is totally different from the "two" in the Mainland. However, gold jewelry stores in Hong Kong all use "two" to mark the price. Many mainland tourists are lost in the ocean of "two" in this way, thinking that they have found a big bargain.

The mainland's "two" is 50 grams, one catty is equal to 12 Liang, and 1 kg is equal to 20 Liang.