Do I have to declare my Rolex?
Do I have to declare my Rolex? Any attempt to import it without declaring it could result in its seizure and a personal penalty equal to its U.S. retail value could be charged. You could deduct $800 from its invoice value if you don't have any other things to declare, but the remainder would be dutiable. What is the best way to buy a Rolex?
Do you have to declare luxury goods?
You must declare all items you purchased and are carrying with you upon return to the United States, including gifts for other people as well as items you bought for yourself. This includes duty-free items purchased in foreign countries, as well as any merchandise you intend to sell or use in your business.