Sailboat Registration and VAT Question - SailNet Community
 
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post #1 of 2 Old 07-19-2012 Thread Starter
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Sailboat Registration and VAT Question

We are recent ex-pats waiting in Spain for our new Hanse 400 to arrive. We plan on making Portugal our home for the next couple of years. We bought the boat without the VAT paid with the hopes of having to pay a lower VAT after a couple of years when the boat will be considered a used boat. Does anyone know what the best country would be for us to register the boat in without having to pay the VAT right away?
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post #2 of 2 Old 07-19-2012
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Re: Sailboat Registration and VAT Question

If you are an EU resident then VAT is due upon delivery.

VAT may be refunded if the boat is exported (out of the EU) within a certain number of days, but then you may be due tax to the the country the boat will be imported into.

1970 Havsfidra 20 by Fisksatra
On the Delaware River at Fox Grove Marina Essington PA
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