Tax Free If I Bring Gtr35 From Japan After Live There For 3 Month?

[Hugo18]

I am thinking to get a GTR35 but Australia dealer's are way too much over priced. I think you can get 1 in japan for around $80k AUD even the highest model would cost about $90k AUD.

I remember someone has told me if I go to Japan to live 3 month then I can bring a car back tax free? Is it true?

If it is then wouldn't it better than go to Japan myself and bring the car back instead of paying $80k more extra to buy from AU dealers?

please let me know thanks

[wrxhoon]

I am thinking to get a GTR35 but Australia dealer's are way too much over priced. I think you can get 1 in japan for around $80k AUD even the highest model would cost about $90k AUD.

I remember someone has told me if I go to Japan to live 3 month then I can bring a car back tax free? Is it true?

If it is then wouldn't it better than go to Japan myself and bring the car back instead of paying $80k more extra to buy from AU dealers?

please let me know thanks

If that was the case evryone would be doing that .

You will have to pay ALL taxes , import duty LCT and GST and you will never be able to register it unless you own it there for 12 months!!

By the the way you can buy a used one there from 6 mil yen at todays rate ( 1$Au=77 JPY) that is $78k

[SkyHi_33]

you have to have it registered in your name for a minimum of 12months

then bring it in as a personal import. taxes still apply but afaik they are less then general imports.

[ricethief]

Don't you also have to prove that you have been living there for 12 months as well not just owning it for 12 months.

[martz]

i believe so... living in japan for 12 months wouldn't be such a bad thing though

[Hugo18]

i believe so... living in japan for 12 months wouldn't be such a bad thing though

But if living there for 12 month can save $80K AUD then why not? But the question is how much exactly do I need to pay for bringing the car in myself? excluding the living cost there?

[rehab2010]

But if living there for 12 month can save $80K AUD then why not? But the question is how much exactly do I need to pay for bringing the car in myself? excluding the living cost there?

If you live there and own one there for 12 months - landed, and registered in oz it will cost you a tad over 100K, in todays exchange rate.

[Beer Baron]

you have to have it registered in your name for a minimum of 12months

then bring it in as a personal import. taxes still apply but afaik they are less then general imports.

where do you get that info from? it's not from anyone who knows what they are talking about that's for sure. type of import has no bearing on tax mate.

If you live there and own one there for 12 months - landed, and registered in oz it will cost you a tad over 100K, in todays exchange rate.

that is also wrong. not even close.

so you buy a USED car there for $80K

you must have it registered in your name in japan, say $4000. you must live their with the car, every day you are out of the country is deducted so that's a full 365 days you must spend in japan with the car, you also need an apartment, and a parking space in your name within a certain radius of your apartment. even a cheap place in a big city will run you well over $500 a week but easily $1000 a week for something really nice so $26,000-$52,000. also what are you doing about your job in aus? do you have one in japan? then to import the car, ok $3,000 in ocean freight,

if you bought a used one for $80,000

add $3,000 ocean freight

__________

$83,000 X import duty 10% $8,300

____________

$91,300 X GST 10% $9130

_________

$100,430 X LCT %33 on the amount above $57,000 ($43,430 X 33% = $14,332)

_____________

$114,762 X stamp duty at %3 on the first $45,000 = $1,350 + 5% on the amount over $45K ($69,762 X %5 = $3488)

____________

$119,600 + rego costs, say $600 = $120,200 + the small amount of "compliance" work for personal import = $1500

I would say total around $125,000. that does not take into account the year of your life, any lost earnings, any costs of moving countries nor any costs of keeping the car and servicing the car for that year in japan. Even if you leave today the earliest you'd have one here on the road would be about december 2010 and who knows what they will be worth hear by then. I would say you wont save a dime. and bear in mind you bought a second hand car to start with, not a new one.

if you bought a new one, they cost about 8,000,000JPY which is $105,000.

so it would owe you about $160,000 or so. not a good plan.

or you could try that thing that 'someone' told you how a brand new R35 is $80K in japan and you can just bring it back tax free, freight free, rego free, and have it on the road by christmas for $80,000 and save yourself the $80,000 like you planned and laugh it up. sounds like a plan.

forgive my sarcasm but I'm getting tired of this question getting asked about once a fortnight for the last 2 years. always by people who heard this, or got told that from some experts. instead of talking to your mate who flips burgers for a living about complex importation and tax problems how about you either ask a reputable importer or actually do the really smart think and ask DOTARS who regulate imports and the ATO who levy taxes in this country.

[Mr_GaZZa]

+ 1 well put Mr Beer Baron

[Sammy-qld]

Beer Baron well said. The OZ Tax man is good at what he does. He'll screw you no matter what you do. Best bet is to buy one through your business and save as much on tax that way as you can. Claim part of the GST (upto $6000 I think) & Part of the business investment allowance thingy ($7500? dunno my accountant told me awhile back).

When I called them years ago about bringing in my Rx7 from NZ back in 2001, they said they would check your passport and need scans of it to prove you were in that country with the car. Plus a massive headache to do all that stuff.

You'll be able to buy a JDM R35 in oz next year for $130k or less. Buy then or wait longer they'll keep coming down.

And people who can't afford these cars at $130-150k probably shouldn't buy them cause when they break and they will (most people buy to drive them somewhat hard), they won't like the repair bills at all. not to mention the costs of Tranny & diff oils and regular servicing & $1100 each tire etc etc.

We live in a socialist Australia, rich gotta pay for everyone else thats how it goes. And that especially how it goes on luxury cars.

[iplen]

And after all that your GTR will have no warranty (yes I know the value of this is hard to work out..)

Barron, once again, has added a sense of realism, if it was that easy why didn't SAU do group buy... Buy a GTR in Japan, share storage costs for 1 year out the back of nowhere, get Japanese tuners to do work to them to save more money and the pick your car up from the wharf in 13 months...

If it was that easy someone would have done it before you...

[elrodeo666]

And last but definitely not the least, you will need a visa to live that long here in Japan !!

[grozzy]

I have had a mate do this a few times. He has done well out of it but its a bit of work

[Hugo18]

I have had a mate do this a few times. He has done well out of it but its a bit of work

can you tell us what exactly did your mate did and how much did he made or save?

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off topic:

It seems too much trouble and money gonna cost for a Car. specially when car price drop so fast. I will maybe just go buy a new Subaru Liberty GT Spec B. Am I allowed to make a topic about Liberty GT in this forum? The new model is coming next month I heard from 1 of the Subaru sales. I want to make a topic and ask some of the current model owners about the Liberty GT.

[wrxhoon]

can you tell us what exactly did your mate did and how much did he made or save?

--------------------------------------------------

off topic:

It seems too much trouble and money gonna cost for a Car. specially when car price drop so fast. I will maybe just go buy a new Subaru Liberty GT Spec B. Am I allowed to make a topic about Liberty GT in this forum? The new model is coming next month I heard from 1 of the Subaru sales. I want to make a topic and ask some of the current model owners about the Liberty GT.

I own a liberty GT STI and use it as a daily , very nice car but by no means a GTR , totaly different cars.

Do yourself a favour though, forget about buying one in Japan for now. If and when the $AU reaches 100JPY then consider buying a 35 R in Japan and bring it here to use as a race car only, forget about rego . Just in case you thing you will escape the TAX ( because its a race car ) forget that too.. All 3 taxes are payable , import duty , GST and LCT almost as BB stated above but you don't pay import duty on transport and no LCT on GST either. That wouldn't make much diffeence to his total cost .

Of course down the track if the $=100JPY ( quite possible sometime in future) and you could buy a 35 R for 5 milJPY ( again that will happen sometime in the next couple years) that will make a lot of difference to the total cost and guess what you won't pay LCT either because she will be under $57k.

By the way there are a lot of other people that are ready to import one ( if it was viable) long before you even think about it, me included... Ah and there are other ways ( than living in Japan for a year) that people will use to bring one as a personal import if and when its viable.

Who knows down the track NIssan my stop importing it here , then you can bring one under SEVS. Thats one of my concerns if I was to buy one here ..

Good luck with the GT and forget the 35 R..

[Swiper the Fox]

+ 1 well put Mr Beer Baron

He's good...i like his style.

[Beer Baron]

thanks guys.

lol, well I consider myself to be of reasonable intelligence. and I promise you guys if it was as cheap as the armchair experts tell me it is to import a legal R35 I would be importing 1 a week. and under sevs I would have imported more than 10 during 2008 instead of only 3. and believe me I know all the tricks (legal ones of course!!) and it's still a long way from being worthwhile.

everyone has a mate, or heard from a guy or knows of a guy etc that has done it, or is doing it. but these people are like ghosts. I've never seen them, or their imaginary cars.

I have imported R35 GTRs as a test car/evidence car, Race car and SEVS car. the only other possible way is personal import and I was going to do that one too but it was no longer viable, and that was on a car that was ordered in late 2007! and delivered in early 2008 and would have been eligible for personal importing to aus in early 2009. and it was bought at the lovely exchange rate of 104JPY/Dollar, but of course the tax man bases the tax of the date the car is exported, so even though the car really cost $85,000 they would have taxed me on a value of about $130,000 as at the time I'd be exporting the car that's what 8mil yen would have cost. so that tax bill alone would have been about $60,000.

everyone dreaming of cheap R35 GTRs this is not the car for you. Tyres cost $1000 each. and on one car I got a puncture within 500kms!!! a full fluid change costs over $1000 and you need to do it fairly regularly to keep the car happy. body panels are not cheap and it's pretty hungry on fuel (500hp will do that!). it's a $300,000 car for the bargain price of $180,000. think of it like that and it makes more sense. the associated costs are on par with most other $300,000 BMWs/mercs/italians. and if you can't afford the car at $180K you probably can't afford to keep it on the road either.

I have a Liberty GT too (well mine is a Legacy GT STI one, lol personal import from japan... ). it's a great car, but yeah, completely other end of the spectrum from an R35 GTR. good daily car though and surprises a few guys. I do love the JDM models.

[Munro]

Nuf said!

[KR4-GTR]

where do you get that info from? it's not from anyone who knows what they are talking about that's for sure. type of import has no bearing on tax mate.

that is also wrong. not even close.

so you buy a USED car there for $80K

you must have it registered in your name in japan, say $4000. you must live their with the car, every day you are out of the country is deducted so that's a full 365 days you must spend in japan with the car, you also need an apartment, and a parking space in your name within a certain radius of your apartment. even a cheap place in a big city will run you well over $500 a week but easily $1000 a week for something really nice so $26,000-$52,000. also what are you doing about your job in aus? do you have one in japan? then to import the car, ok $3,000 in ocean freight,

if you bought a used one for $80,000

add $3,000 ocean freight

__________

$83,000 X import duty 10% $8,300

____________

$91,300 X GST 10% $9130

_________

$100,430 X LCT %33 on the amount above $57,000 ($43,430 X 33% = $14,332)

_____________

$114,762 X stamp duty at %3 on the first $45,000 = $1,350 + 5% on the amount over $45K ($69,762 X %5 = $3488)

____________

$119,600 + rego costs, say $600 = $120,200 + the small amount of "compliance" work for personal import = $1500

I would say total around $125,000. that does not take into account the year of your life, any lost earnings, any costs of moving countries nor any costs of keeping the car and servicing the car for that year in japan. Even if you leave today the earliest you'd have one here on the road would be about december 2010 and who knows what they will be worth hear by then. I would say you wont save a dime. and bear in mind you bought a second hand car to start with, not a new one.

if you bought a new one, they cost about 8,000,000JPY which is $105,000.

so it would owe you about $160,000 or so. not a good plan.

or you could try that thing that 'someone' told you how a brand new R35 is $80K in japan and you can just bring it back tax free, freight free, rego free, and have it on the road by christmas for $80,000 and save yourself the $80,000 like you planned and laugh it up. sounds like a plan.

forgive my sarcasm but I'm getting tired of this question getting asked about once a fortnight for the last 2 years. always by people who heard this, or got told that from some experts. instead of talking to your mate who flips burgers for a living about complex importation and tax problems how about you either ask a reputable importer or actually do the really smart think and ask DOTARS who regulate imports and the ATO who levy taxes in this country.

you really do know how to think outside of the box.

well said mate!