Cruisers Forum
 


Join CruisersForum Today

Reply
 
Thread Tools Search this Thread Rate Thread Display Modes
Old 25-09-2017, 03:16   #31
Registered User

Join Date: Sep 2017
Location: New Zealand
Posts: 15
Re: VAT, foreign purchase and registration

Quote:
Originally Posted by El Pinguino View Post
Not sure where I read it but saw a thread recently about doing just that. That centre bulkhead down the back is not structural... ie... it doesn't hold the deck up.... it doesn't give much privacy either ... it's just a sheet of ply...
Guess thats all the information I would need really. If its not structural, then all good. But yeah, like Kenomac say they are probably thrashed. Would be nice if yacht world had a owners model vs charter model tickbox for the filter but I can't seem to find a way to exclude the charter models.

But overall seems we have gotten to the bottom of what was confusing me. Not a resident of the EU so can sail under the Dutch Flag not have to pay VAT, and by doing so avoid Cat 1 issues, but probably best I don't actually sail home to NZ to avoid paying some hefty taxes. Or do and pay the taxes. Would be nice to one day come home, as NZ is a nice sailing location that I haven't really explored (as is usually the case with your own home), and I do want to be a full time live-aboard so would be nice to take my home back with me.
__________________

l2ustyl3ullet is offline   Reply With Quote
Old 29-01-2018, 12:21   #32
Registered User

Join Date: Jul 2014
Location: The Netherlands
Boat: O41.1
Posts: 15
Re: VAT, foreign purchase and registration

Quote:
Originally Posted by Kenomac View Post
Do you also have a New Zealand passport, or only the Dutch passport? If you also have a New Zealand passport, why not just use that one?

I also have dual citizenship, but that doesn't mean I need to use two passports.
Quote:
Originally Posted by l2ustyl3ullet View Post
Guess thats all the information I would need really. If its not structural, then all good. But yeah, like Kenomac say they are probably thrashed. Would be nice if yacht world had a owners model vs charter model tickbox for the filter but I can't seem to find a way to exclude the charter models.

But overall seems we have gotten to the bottom of what was confusing me. Not a resident of the EU so can sail under the Dutch Flag not have to pay VAT, and by doing so avoid Cat 1 issues, but probably best I don't actually sail home to NZ to avoid paying some hefty taxes. Or do and pay the taxes. Would be nice to one day come home, as NZ is a nice sailing location that I haven't really explored (as is usually the case with your own home), and I do want to be a full time live-aboard so would be nice to take my home back with me.
Hello Kenomac,

You seem to be very well informed about sailing an ex-VAT vessel within the EU for longer periods of time, so I wonder if I could pick your brain a bit for tips and wisdom?

I have a 1-year old Bennie 41.1 purchased, registered and flagged in the Netherlands under the ex-vat Temporary Importation Rules as I am both a non-eu citizen and non-eu resident. I'm south-american and plan to keep the vessel within EU-waters for the next 4 years before sailing away from Europe.

Currently I have roughly 9 months to go before the 18 months ex-vat clock expires and I've been struggling to determine if I need to change my vessel's flag to a non-eu country (Delaware for ex) before the expiration of 18 months to keep it ex-vat.

I'd love to keep the Ducth flag on my stern upon return of my vat-clock reset on the Jersey Island later this summer, however I'm concerned about the legality of "re-importing" the vessel to the EU with the same NL flag I initially registered the boat with?

I've read through Articles 137 to 144 of the EU Customs Code as well as Articles 553 to 562 of the implementing provisions of the Customs Code, but it says nothing about flagging vs VAT.

Any thoughts and suggestions would be highly appreciated!

Safe travels!

Upspeed.
__________________

UPSPEED is offline   Reply With Quote
Old 21-03-2018, 14:42   #33
Registered User
 
Piscis's Avatar

Join Date: Aug 2016
Posts: 19
Re: VAT, foreign purchase and registration

Sorry for highjacking... but this thread has already some very informative advises and i dont want to open another thread with similar contents...

Is there anywhere in the www a site that provides comprensive information of tax situation in the different countries when purchasing a yacht?

As many future boat buyers, i try to avoid VAT payment when buying a boat and planing to take it out of the country of purchase.

Information about how long a purchased boat might stay in the country before VAT is due. Limited to those countries that are know for a high amount of boats on the market for sale i.e. all caribean countries, USA, Seychelles, Thailand, ....

Considering that a purchase from a resident of a specific country is, of cause, VAT due in any way, except for EU commercial use.


Thanks!
__________________
Sailing. Freediving. SCUBA Diving. Underwater- Wildlife- and Landscape Photography.
Piscis is offline   Reply With Quote
Old 21-03-2018, 14:58   #34
Registered User

Join Date: Jan 2017
Location: Irish Sea
Posts: 983
Images: 3
Re: VAT, foreign purchase and registration

Depends on your residency: if you are EU resident, in EU territory you are immediately liable to VAT - unless you establish a company.
__________________
Useful as a fireproof bottom paint...
GTom is offline   Reply With Quote
Old 22-03-2018, 02:17   #35
Registered User
 
Piscis's Avatar

Join Date: Aug 2016
Posts: 19
Re: VAT, foreign purchase and registration

Thanks Tom. Yes, thats what i mean with "commercial use". When i buy a boat in the EU and leave it/put it there commercially in charter, i am not bound to pay VAT.

And i know there are ways, when buying a new boat from i.e. FP, they offer "Gibraltar delivery". Lagoon has something similar to get the boat delivered outside EU waters to avoid VAT.

However, beside those EU stationed boats.... how about all the other countries known for having a lot of boats on the market? If one buys a Yacht in Thailand, the Seychelles or any Caribean country. I suggest every country has different rules on how VAT is applied if a EU or US citizen buys a boat there and register the boat i.e. in a european country and plans to export that boat.
What are the ussual time frames the buyer can use that boat in the country of purchase befor he has to leave to avoit VAT?

Thanks!
__________________
Sailing. Freediving. SCUBA Diving. Underwater- Wildlife- and Landscape Photography.
Piscis is offline   Reply With Quote
Old 14-06-2018, 04:27   #36
Registered User
 
Piscis's Avatar

Join Date: Aug 2016
Posts: 19
Re: VAT, foreign purchase and registration

Quote:
Originally Posted by GTom View Post
Depends on your residency: if you are EU resident, in EU territory you are immediately liable to VAT - unless you establish a company.
BTW... does "EU territory" includes French Polynesia and other French overseas territories?
__________________
Sailing. Freediving. SCUBA Diving. Underwater- Wildlife- and Landscape Photography.
Piscis is offline   Reply With Quote
Old 14-06-2018, 08:23   #37
Registered User

Join Date: Jan 2017
Location: Irish Sea
Posts: 983
Images: 3
Re: VAT, foreign purchase and registration

Quote:
Originally Posted by Piscis View Post
BTW... does "EU territory" includes French Polynesia and other French overseas territories?
No: https://en.wikipedia.org/wiki/Europe...ax#EU_VAT_area

"Overseas collectivities" includes French Polynesia, Saint Barthélemy, Saint Martin, Saint Pierre and Miquelon, Wallis and Futuna.

BTW, the EU VAT area and the EU territory are not the same. There are non-EU territories, that belong to the EU VAT area (such as the Isle of Man) and a few territories that belong to the EU but not part of the EU VAT system: Martinique, Canary Islands may be the most important ones for the cruiser.
__________________
Useful as a fireproof bottom paint...
GTom is offline   Reply With Quote
Old 15-06-2018, 01:38   #38
Registered User
 
Piscis's Avatar

Join Date: Aug 2016
Posts: 19
Re: VAT, foreign purchase and registration

Thanks Tom!

__________________

__________________
Sailing. Freediving. SCUBA Diving. Underwater- Wildlife- and Landscape Photography.
Piscis is offline   Reply With Quote
Reply

Tags
purchase, registration

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Non-EU boat owners on VAT tax payment and registration aquanautrs Liveaboard's Forum 10 02-08-2017 10:44
Registration Options and VAT Implications Kojiro Rules of the Road, Regulations & Red Tape 10 17-11-2011 00:46
Registration of Foreign Yachts in Delaware Grees1896 Rules of the Road, Regulations & Red Tape 5 01-12-2010 13:43
State registration and foreign travel phorvati Rules of the Road, Regulations & Red Tape 15 12-05-2006 13:26



Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -7. The time now is 06:35.


Google+
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2018, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2018, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.