Thanks guys. Some great, if conflicting advice, but it has given me a better idea of what we need to research
Yes we are better off buying
a VAT paid second hand boat, but there are some great deals on brand new boats out of Europe, especially compared to second hand prices here in AU. I have seen at least 6 boats advertised here that are 4-5 years old and that are around 60 -100k aud more than a new one will be in Europe...
Thats a lot of sailing budget
, even if it is easier to set sail from our 'home' port.
Also -we do not know if we will ever 'settle' anywhere for a long time. Like I said, our intention is to cruise
for 10-15 years and quite frankly, returning to Australia
even for a few months is not really on our radar
. We are keen divers so have sailed most of the barrier reef and Whitsundays already....
This is really why my question of tax came up. If we buy brand new ex VAT, and do't pay VAT in Europe, are we ever likely for tax anywhere if we don't settle?What counts as 'importing' your boat?