A quick related question after reading this. I am planning on buying
an ex charter catamaran
and sailing it back to Australia
where I live as an Australian citizen. The company has told me VAT is not paid on the boat.
1. can i avoid paying the VAT as I will be exporting the boat
2. if so, how long do I have to leave EU waters
Ideally I would like to explore the Med for 12 - 18 months before leaving, but I guess I could cut it shorter considering the VAT savings would be around US$50,000
I know I will have to pay approximately that amount when I arrive home in duty and GST so I'm not keen on doubling my tax expense.