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.
