Originally Posted by IdoraKeeper
There are no issues with buying a turkey other than not getting one that's too big.
There are lots and lots of issues with buying a yacht in Turkey if one listens to all the comments made by others who will raise every issue from transit logs
, registration and maybe inheritance tax if you give them a chance.
My recommendation is to have the original owner clear the yacht out from Turkey and sail to the nearest Greek island where he can legally enter. Once cleared in sign the bill of sale and have it witnessed by someone official such as the harbour master. Collect any receipts for harbour fees
and sail back to Turkey where the former owner can now clear in again as if he simply sailed over to Greece for a short cruise
Once the funds have changed hands the former owner passes the bill of sale to the new owner who approaches the authorities to have the transit log changed to his name. Yes, the date of sale will be prior to the date the former owner entered Turkey but does anyone expect that the authorities will notice or care. In any case the former owner will be long gone and out of the picture.
If the seller cannot sail the yacht to Greece he can arrange for a local skipper
to make the short trip on his behalf - he simply has to provide the skipper with written authorization. The seller just has to ensure he dates the bill of sale the same date as the yacht visited the Greek Island. I don't think there is any law that says the owner must be on board when the sale takes place.
In fact if the yacht is in the vicinity of Symi the seller can simply drop in and spend a night collecting receipts for harbour fees
which proves he was in Symi when the sale took place. He can then return to Turkey and pass everything to an agent to have the name on the existing transit log changed without any mention of the visit to Symi.
The fact that the sale took place while the owner was in Symi is only important if anyone asks questions later about VAT as there is no VAT payable on a yacht which is sold within the EU waters.
Having been in and around Greece and Turkey since 1980 I have only been asked about VAT once (2002) and that was in Kos after the captain
clearing ahead of me raised a question about VAT to the official involved.