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Old 08-02-2010
myocean myocean is offline
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Relevance of VAT when selling a boat in EU

Hi Togehter!

I will have the possibility to import my yacht into the EU tax free (as I will move there after a long sailing trip from outside the EU. I live outside now). This is clarified. The base is that all goods which belong to your household when moving are tax free, including a yacht.
I think about selling the boat there after a certain period of time for a price X, "tax included" (as there is no more tax to be paid).

Question 1:
Does somebody know what is common in the boat market in Europe?
Do most of the boat buyers in the EU pay VAT for their boats (and will like my offer) or do most of them find a way to get around the tax (and will not like my offer)?

Question 2:
The idea behind is that if I manage to buy the boat tax free and sail e.g. round the world with it, I can compensate about 20% loss in value by doing this tax free import afterwards. Would that work due to my special situation that I change the country of living (now vs. after the trip)?

Ulf
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