When purchasing your dream boat, one of the first questions that often comes up is whether the taxes (import duties or sales tax) have been paid. It’s a crucial point that every advisor will stress. After all, many believe that a boat without paid taxes has a lower value. But is this really the most important thing to consider?

Here’s a more significant question: Do you actually need to pay these taxes?
Whether you need to pay taxes depends on your personal situation and where you intend to use the boat. For example, why pay taxes in your home country (EU) if you’re purchasing an internationally registered boat in Curacao that you’ll use in the Caribbean, Pacific, or USA? Taxes only become a concern if you decide to bring the boat back into Europe or your home country.

Want to learn more about how you can buy a boat tax-free? Let’s discuss your options and find the best solution for your needs. #donotpaytaxes #sailingwithouttax #VATpaid