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SUPERYACHT TAKEAWAY
NEW BUILDINGS
preowned yachts
sell high buy low

5 reasons (WHY)
TO BUY A YACHT NOW

The era of the fishing villages before becoming cosmopolitan Superyacht hubs is not that old, while nowadays the 50m plus Superyachts is a regular asset of the Ultra-Wealthy Buyers. Buying a yacht often sounds like spoiling yourself for fun. For many people, buying a yacht seems like a financially reckless move, but in reality, buying a yacht is the opposite. To first consider purchasing a yacht, you should stop looking at it from a financial mindset like you would when buying a car or by investing in the real estate industry. Instead, you should look at buying a yacht as an investment standpoint that also pertinent for lifestyle.

There are five reasons to make interesting a Superyacht purchase as approached from our scope. To own a superyacht can be one of the best financial investments in this trouble times of an epidemic and help you keep your mental peace and tranquility with physical well-being, with more of the relaxing and stress-free times in open soothing waters in your own Superyacht. Along with other returns, there are also the incalculable returns on investment that will pay off in form of quality time spent with family and friends enjoying some of the vacations and getaways having experiences of a lifetime.

A feasibility study based on real facts of commercial operation will prove it. Ask for it!

1. STAY SAFE ON BOARD
EXPLORE THE GLOBE

Covid and other potential health hazards have shown how fragile our economy and social life can be in the case of crisis. We only get to have one earth, but if we are not diligent on our efforts when it comes to preserving it, we’ll soon lose it. For the record and as of late, the yachting industry has made tremendous efforts when it comes to decreasing carbon emissions as well as facilitating travel without ruining the experience. Pardon my deviation from the subject; the point of the current section is to alert about safety on board a Superyacht versus accommodation in a hotel or a cruise ship.

The new Superyachts explore the globe in autonomy and safety while remote destinations are no longer remote ones. Deck areas are hosting more seamen and new professions, health instructors, nurses, guides. 

A strong motivation for doing chartering had been always the idea of a family onboard a yacht. Considering this priceless family reunion on board a Superyacht in total safety -this is from our point of view what can explain the raising figures in brokerage and yacht sales amidst crisis in the Superyacht industry.   

2. BOOK A DEAL ONBOARD
BOOST YOUR CORE BUSINESS

Superyachts remain a safe and welcoming luxurious environment to treat personas from the Owner’s environment while succeeding deals in the core business of the Owner.

Owning a Superyacht grants you the privilege of making good deals with personas in the yacht ownership environment and your environment. A Superyacht is definitely a great terrain to doing business and a lot of people are opting for getting yachts for the purpose of providing a safe and private operation center, while guests enjoy the pleasing and calming ambiance it has to offer. Meetings on a superyacht can bring about a calming effect induced by the soothing environment. Which in turn brings about clarity of mind helping in taking decisive decisions from both ends. 

Do you know how many agreements have been signed and how many deals have been sealed on board luxurious yachts during a short vacation? Such invitation on board your asset might change your professional life forever. 

3. PRESTIGE AND RECOGNITION
BENCHMARK OF YOUR NAME

Prestige and recognition amongst the Ultra Wealthy individuals, with this asset to be the benchmark of your name.

Owning a Superyacht is definitely a great way to stand out and make a name of yourself in your business and your industry. In fact, many Superyacht owners have made the decision to go with a Superyacht in order to attract potential clientele in their core business and make themselves distinguishable from the crowd.

It builds a positive image in terms of business development and reputation management which can finally aid in successfully managing core business deals onboard or at least prove wealth while inspiring trust for the condition of core business.

4. TAX FREE CHARTER INCOME
TAX FREE EMBEDDED MATERIALS

Are you considering to buy a yacht for commercial operations? Charter income is tax-free while more financial operations are facilitated together with privileges for the ownership of a commercial yacht such is the duty-free oil.

Taxes are another one of those hindrances people face when it comes to purchasing and owning a yacht. However, charter income is tax-free and this initiative is done to encourage more sea-based commerce. Moreover, other financial operations akin to commercial yacht business such as marine diesel oil are also duty-free including discounted berth fees, as well as routine maintenance, while embodied materials on board like SOLAS carpets, upholstery, and more are tax-free as well.

5. VACATION WITH INCOME
Comfortable Administration by experts

GREECE THE CROSSROADS IN WEST WITH THE EAST:

Administration and Operations in peaceful Greece are the safest as of now. A 3-day distance to reach flourishing yachting destinations for an annual charter operation.

A great Ownership startup can be ideal in Greece, suggested as we live here, a peaceful country, with 3-days distance from West Med and the Red Sea, at a geographical place to allow operations in several yachting destinations on an annual base. Paperwork and legislation can be one of the biggest drawbacks to owning a yacht because it can be tricky for administration; especially, with the existing restrictions to non-Greek flags, tax complexities, and more. However, if Administration and yachts operation, is assigned in Greece, this is the best value for money, considering the competitive rates in marina fees and technical maintenance by expert marine professionals, competitively again to Western Med pioneering units.  

Greece is known for its flourishing naval industry and many new yacht owners are turning to Greece because of how great administration and management of yachts are in the country. If you consider purchasing a yacht, do not hesitate to sign your legal paperwork and assign administration to Greek-based management services, while the country remains one of the safest ones from any angle you look at it and concentrates all maritime professionals and traders in Athens and Piraeus.

GREECE
ownership with commercial activity

If you wish to choose to go by NEPA to operate a commercial superyacht, you can gain a significant amount of advantage in terms of tax and finance. To mention the two major advantages, firstly there is no income tax payable on the profits/income and secondly, there are no tax liabilities on the transfer of the shares carries.

Charter Maybe a Great way of Accounting for Some Funds. We can leverage from a charter in many ways such as it not only will provide for you a whole another stream of income as an investment but will also help you to account your money from various streams into this one stream. This may be proved to be very beneficial while maintaining or keeping financial records which may fall to the errors of accounting or some of the lost transactions.

VAT EXEMPTION
GREEK HAVEN

-You can enjoy this VAT-exemption as well as the liberalization of the charter and operations as long as you are registered commercially at the Greek. Apart from these, the following are the benefits of owning a commercial yacht at the Greek Flag. All of your profits/income will be taxed by 0%. 
-Your Yacht gets VAT-exempt for embedded elements on board. 
-You will get a Discounted marina/mooring Invoice. 
T-he Charter License gets renewed every 3 years. 
-The Fuel will be net of VAT/local taxes. 
-VAT on charter fees is payable by the charterers and advantages while Ownership exists.

Owing to a Greek-flagged commercial yacht it can be either operated as an EPE/LTD, or a Societe Anonyme or by Greek introduced private capital company known as NEPA (Maritime Companies for Pleasure Yachts). NEPAs under new regulations are a “single-purpose vehicle” i.e. Yacht, which can own, manage, or operate a yacht.

NEPA COMPANY
TRANSPARENCY

If you wish to choose to go by NEPA to operate a commercial superyacht, you can gain a significant amount of advantage in terms of tax and finance. To mention the two major advantages, firstly there is no income tax payable on the profits/income and secondly, there are no tax liabilities on the transfer of the shares carries.

Charter Maybe a Great way of Accounting for Some Funds. We can leverage from a charter in many ways such as it not only will provide for you a whole another stream of income as an investment but will also help you to account your money from various streams into this one stream. This may be proved to be very beneficial while maintaining or keeping financial records which may fall to the errors of accounting or some of the lost transactions.

Taxation Office applauds clear accounting and supports the Owner with beneficial rates on the Owner’s yacht private charter. Ask for more and our legal marine division will advise with comprehensive data.

DARE TO DREAM
MEGAYACHT CONCEPT BY GEORGE LUCIAN

Featured design by George Lucian to couple air and sea. An incredible airship-carrying superyacht, ideal for a visionary Owner who would be equally passionate about yachting and flying. The aptly named ‘Dare to Dream’ yacht, currently a concept, would be built to transport a 100m (330ft) airship. The Owner of the Superyacht Airship Carrier would be able to explore new places by enjoying the calmness of an airship, or just have dinner above cosmopolitan bays, or even spend a few days flying above the Mediterranean waters, before returning, to dock the airship on his superyacht.

The airship would be tethered to the sprawling deck of the 140m (460ft) long vessel and supplied with helium by the mother ship.

My concept is inspired by the yachting industry and military vessel design, but also from the fascination that I have for the beginning of the century zeppelins that were transporting passengers across the Atlantic in a luxurious and romantic manner. Nowadays we have lost this elegance and tranquillity of traveling that the cruise liners and airships were offering at the beginning of the 21 century., says the artist George Lucian.

Bold and visionary this is my favorite design. The next one will be ‘The Unsinkable Boat’.