My name is Steve, I'm Australian and I stumbled across these forums
while looking for information that may help me with my next travel plans.
Two or three years ago I was sitting around with my mates, drinking beer
and I said to them, "Before we all turn 30 we should buy a yacht and spend a year sailing around the world. We all earn good money
, we'll just throw in $100,000 each and off we go". I was bombarded with practicalities like, "my girl friend doesn't like water", "I've got a mortgage", "we don't know how to sail"... all valid points, so I put the idea to rest.
Two months ago I got back from 9 months of backpacking, mainly Europe
, plus a few interesting sidetracks into Morocco
, Trans-Siberian Railway through Mongolia to China
, and more. I loved my time in Mallorca and unfortunately didn't get a chance to visit any other islands in the Mediterranean
My next bulk travel will be in the Mediterranean
. I have a good level of savings and plan to work hard for the next 12 months so I can afford to buy a yacht in the Mediterranean and comfortably travel for another 12 months without the need to work during my travels.
I've had a quick look around this forum and there seems to be a great wealth of knowledge here. I also see some people already realising this same dream.
There's plenty more to read here before I ask too many questions. Here are a couple on my mind at the moment. If you could point me in the right direction, that would be great.
How realistic are the prices I'm seeing on websites like Yachtworld, Is it really possible to buy a 40 something foot yacht, from a country like France
, built in the 2000's for $100,000 Euro? Or am I missing something...?
EU VAT. A lot of boats on that page are listed as "Tax Not Paid". As a non EU resident is it possible to buy a boat from an EU country have the ownership
transferred into my name and not pay VAT? If I am liable for this tax, how much is it?
After living onboard my own yacht in the Med for 12 months is it then possible to bring the Yacht back to Australia
? Am I liable for Customs
Duty and GST once I hit Aussie water
Thanks in advance. Hope you can help.