Key elements to consider regarding the owner, his yacht and her future use

The key elements to consider are:
  • Nationality of yacht owner (EU or not EU / Less impact in Asia, importation has more impact than nationality);
  • Residence of the yacht’s principal user(s) and their guests (more impact within the EU (ie Spain or non EU yacht under TI with EU guests on board);
  • Physical characteristics of yacht (age, length and tonnage being particularly important / conformity with any commercial yacht code);
  • Existing registration of yacht (if applicable);
  • Availability of historical proof of ownership / title documentation for yacht;
  • Usage of yacht (i.e. private or for charter);
  • VAT or equivalent tax status of the yacht;
  • Area of operation and primary homeport/country of use;
  • Specific crew and operational considerations