Originally Posted by capcook
Ha, I must admit when I saw your reference ("to us in Jersery") I instantly thought you hailed out of NEW Jersery here on the east coast
of the New World...but I understand you are from the Island off the Northwest of France
... I wonder if you go ahead and pay the duty/VAT (27%) and then when you leave (export) is there a way to get that money
Thanks too for the link to that other thread, it was also helpful, I figured this topic must have been covered but didn't see it in my quick search...
We would like to spend a year or so traveling around and into Europe on our way around the world and it sounds like the 6mth rules may not be enforced or perhaps there is an 18mth rule... we will all be USA citizens..appreciate any other insight from yourself or anyone else.
Just to clarify, that I was NOT saying the 6 month rule is not enforced (it may not be, but I would definately plan on the basis that it is!). But sounds like you would get the 18 month (if you apply for it - however that is done) - and then (as the new post in the other thread says) this should be a lot more time than your crew's Visas allow. And I beleive that you can leave the Vessel in the EU sealed by customs which stops the clock. (ie no one living onboard - but can be afloat in a Marina, not in a Customs shed!).
UK Vat is 17.5% - it varies within the EU, not wildly - but enuf to make a difference on a vessel, so folk do
shop around for the lowest rate to pay the VAT in, however also to bear in mind is the attitude of the Customs in assessing the s/h boat value - not to say that they don't all do it "properly" - but have read over the years some folk being more happy than others. I forget details / countries, in any case suspect it is one to Google
/ chat to folk about at the time and then still keep yer fingers crossed a tad that you don't deal with someone having an off day!
If after paying VAT and then leaving the EU you won't get any VAT paid back! (and if you later sell the boat outside the EU she will lose her VAT paid status - and you still do not get your money back!). It is possible to reclaim VAT paid on a boat but (from memory) this relates to business use - and genuine business use at that. Although others may well know different, I would discount this as being likely.
Obviously a lot depends on your route
- with the EU ever expanding it makes civilised / conveniant ports
of call outside the EU a tad harder - but if you are heading through the Med and are not North Africa
averse (I've never been) then should make life easier.
Probably not applicable to you, but if your boat is kept in a country that joins the EU she will probably be grandfathered in as EU VAT paid status as happened for the previous new EU members - however, I am sure these countries are wise to this wrinkle now and yer may find they are either within the EU for VAT purposes before joining, have their VAT equivalent or some other import
duty that makes "Free" EU Vat a tad less attractive. And I would also add that if waiting for Turkey to join the EU, then probably best not to hold ones breath..........but from all accounts a great place to visit.
Have a good trip