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buying a yacht abroad
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kenamara View Drop Down
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Joined: 01 Jul 05
Location: United Kingdom
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Posts: 1 		Post Options Post Options   Quote kenamara Quote  Post ReplyReply Direct Link To This Post Topic: buying a yacht abroad
    Posted: 01 Jul 05 at 9:38pm
i am thinking of buying a yacht in portugal or somewhere not too far from it, has anyone any advice, it will be staying in a marina in portugal,
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Rupert View Drop Down
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Joined: 11 Aug 04
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Posts: 8956 		Post Options Post Options   Quote Rupert Quote  Post ReplyReply Direct Link To This Post Posted: 01 Jul 05 at 9:48pm
The RYA has a lot of info on such things, especially concerning the worth of certificates of competence on foreign registered yachts. Well worth contacting them.
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redback View Drop Down
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Posts: 1502 		Post Options Post Options   Quote redback Quote  Post ReplyReply Direct Link To This Post Posted: 01 Jul 05 at 11:29pm
I can give you the contact details of a good currency exchange broker who can save you a few percent compared with the banks.
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Stefan Lloyd View Drop Down
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Posts: 1599 		Post Options Post Options   Quote Stefan Lloyd Quote  Post ReplyReply Direct Link To This Post Posted: 02 Jul 05 at 12:50pm

Buying in an EU country should be OK. Buying outside raises complications with the Recreational Craft Directive.

Make sure you get documents to prove VAT has been paid, as it is not uncommon for officials to demand to see them.



Edited by Stefan Lloyd
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