I am very interested in buying a boat
in the UK, and I am thinking of making an offer. However, I would like to keep the boat
in the mediterranean
. For me this is not a problem, as I am a Belgian citizen and can stay as long in Europe
as I like. But for the boat
it is a different matter. So I have two questions.
1. The VAT situation. I went to the RYA website and and a look around in this forum as well, but still, the exact answer is not clear to me. As far as I know, when the boat is located in the UK, and UK registered with VAT paid, the only time when you could have escaped paying VAT again is to relocate the boat to an EU country before 31 Dec 2020. Since that time is now past, it looks to me that if I buy a British boat now, I will have to pay 20% VAT again. If someone has a clear and consise answer to this, that would be greatly appreciated.
2. If I am in the mediterranean
, you can have the boat in EU waters for up to 18 months as long as you can prove you are not residing permanently in Europe
. I live in Australia
, but have a Belgian passport, so I think in principle I am OK. But maybe someone can confirm this too - the wording on websites is a clear as mud. In terms of where the boat is stationed permanently, it would be better to have it in a marina where you don't have to relocate it every 18 months. The only countries I can see where I could have the boat permanently in a marina in the med and not pay VAT is Bosnia and Herzegovina and Turkey
because they are not EU members. Are there other countries around the med I haven't thought of? What is your experience having a boat in one of those countries?