Hi there. I am very new to boat purchase
and need some advice.
I am from Germany
(EU citizen) and want to buy a boat
, that is
management at the moment - so no VAT payed yet.
I am considering a registration
by getting a flag certificate. I Think, this is sufficient for a 40ft boat, but will check first with the authorities.
Now my question: where do i have to pay the VAT and for what amount (based on the the sales price
payed to the previous owner or the depreciation value of the vessel - it is 5 years old or based on the valuation of the survey)
Do I have to import
physically the boat to Germany and pay the German VAT (19%) at the entrance port or do I have to pay the Greek VAT - what is probably much higher? Any other way to get around without putting the boat in charter
an preventing the VAT issue (e.g. export and foreign flag)?
How you guys do the trick buying
a boat without payed VAT in an neighbor EU country from a previously chartered boat?