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Old 03-11-2015, 14:48   #1
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Join Date: Nov 2015
Location: Portugal
Boat: Nab32
Posts: 2
Caribbean to EU

Hello fellow sailors,
I have the usual question, however reading other posts, they always end on the individual cases and then I cannot take the right answer to my questions.

So I found a nice and cheap boat that would improve my research on marine biology (dolphins and whales) here in EU. The problem is it is on the Caribbean.

The objective is to use it in EU waters and I'm a EU resident. I also have an individual company which would support costs, fundings and eventually own the boat.

Found solutions:
Convenience flag, is it applicable for EU residents? I read somewhere that doesn't mater the residence location.. Leaving EU every 18 months isn't a problem, plenty of work on Gibraltar's Straight.

If VAT is paid (a big if) and if the boat is bought on EU, no need to pay it again right? So just need to take the boat and the owner to EU and make the purchase?

I believe in a old post that I can't find anymore of a fellow Greek member, someone said something about opening a company outside EU and charter the boat here in EU?? crazy.. but I'm all hears

And last if nothing above works pay the crappy VAT on Azores where is the cheapest, however I just can't right now, that are some way to 'buy' more time to get the needed amount?

Thank you for your time,
Fair winds and following seas
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Old 06-11-2015, 10:00   #2
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Join Date: Nov 2015
Location: Portugal
Boat: Nab32
Posts: 2
Re: Caribbean to EU

Actualization:
VAT is not paid...
So how can I avoid the VAT? At least for 1-2 years.
Having the boat registered for tourism would help? Do I need an offshore?
Registering in UK and other British isles would free me from the VAT?

Azores still has the lowest VAT?

A little help pleaseee
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