This Is the No. 1 Nation to Journey to For Luxurious Procuring

Procuring is a serious a part of the journey expertise. Selecting up simply the proper little trinket as a memento seems like a small however vital job for many vacationers. Nevertheless, for some folks, procuring is the primary occasion — particularly bag collectors. 

When you suppose touring to purchase a bag appears foolish, take into account this: the worldwide luxurious purse market was valued at over $30 billion in 2022 and is estimated to succeed in $50.9 billion by 2031, in line with Straits Analysis. So sure, it is large. And no, it isn’t out of the query to journey to purchase that must-have bag.

However the place, precisely, must you go? Von Baer, a luxurious leather-based items model, and OnTrailVisa, a visa service supplier for UK passport holders, have some ideas.

In October, the 2 firms launched their examine, “The place to Take a Trip whereas Shopping for Your Subsequent Bag,” which discovered the highest 5 international locations the place vacationers can “mix their love for luxurious purses with the proper trip.” 

To seek out the very best international locations to go to for purse procuring, the 2 firms created a seed record of countries recognized for his or her craftsmanship and entry to prime manufacturers, which included Italy, France, Japan, Thailand, and Singapore. Then, it used “quantifiable and qualitative components,” together with pricing, model presence, market development, and tax incentives, to find out its rankings. 

“Luxurious purses symbolize standing, model, and funding for a lot of shoppers,” the 2 firms wrote of their findings. “The analysis seeks to help potential patrons who intend to buy luxurious purses by combining touring experiences with good buying methods in the very best international locations.” 

After wanting on the knowledge, it ranked Italy as its No. 1 selection. 

“Italy is famend for its iconic luxurious manufacturers similar to Gucci, Prada, and Bottega Veneta. Shopping for in Italy tends to economize on import duties in addition to get a lot decrease native costs,” the findings revealed. The crew additionally famous that non-EU vacationers can get a tax refund “amounting to 22 % on purchases of over a certain quantity, thus decreasing common prices.” Moreover, it famous Italy’s famend craftsmanship, that means your bag is probably going produced regionally, serving to to each assist the native economic system and doubtlessly prevent cash. 

In second place is France, house to the Louis Vuitton, Hermès, and Chanel flagship shops. This, the 2 stated, means “you possibly can usually get a a lot better value in Paris than in the event you had been to purchase elsewhere utilizing native pricing methods.” France additionally has its personal tax refund scheme, the place vacationers can rise up to a 20 % refund. 

Japan follows France in third, due to its sturdy demand for luxurious and limited-edition items, Thailand in fourth as a consequence of its rising luxurious market, and Singapore in fifth, because it’s “thought-about the Southeast Asia procuring hub for luxurious.”

So go forward and plan a visit simply to purchase a bag. And hey, not less than you should utilize it as a carry-on in your return flight.