Chris_Robb
Well-known member
Well, I have learnt something! ThanksI am not disputing that Pants is a Germany based company, however if anything were to go amiss, I should not have to seek redress in German courts (see attachment of #56).
Well, I have learnt something! ThanksI am not disputing that Pants is a Germany based company, however if anything were to go amiss, I should not have to seek redress in German courts (see attachment of #56).
Providing the yacht does not stay out of EU waters for more than 3 years ( and even this can be catered for) it will retain its EU vat paid status.
No.sorry for the thread drift...
I am assuming that's not 3 years over the life of the yacht..., but is three consecutive years.
So, if the boat were in the US and Caribbean for a while.., would a few days in St. Barts - with documentation - reset the clock?
Is St Barts a full member of the EU? is the question if the answer is yes then it probably would and yes it is 3 years of continued absence not 3 years in the life of the yacht.
As its an overseas territory of the EU I don't know exactly what the taxation and administration of EU regulation and laws are I don't even know if it uses the Euro.
Martinque and the other DOMs are not part of the EU VAT system but are part of the EU territory.I just googled it, and it appears that St Barts changed its affiliation a few years ago - it is no longer a department of France, but rather is an overseas territory of France, and is no longer in the EU.
They do use the Euro there.
Martinique and Guadeloupe are apparently still a department of France, and so are still part of the EU - but not with quite the same status as continental EU countries - they are an "Outermost Region of the EU". Apparently the Canaries are also an outermost region.., so if the canaries would count for retaining VAT paid status, then Martinique should as well..., maybe?
Martinque and the other DOMs are not part of the EU VAT system but are part of the EU territory.
Same as the Canaries.
Which I think means they don't count for retaining VAT paid status.
I think - but it is complex. They are in the EU, but not the VAT zone.thanks - it's more complicated than i thought...
So, even the canaries don't count? I'm surprised by that.
I think - but it is complex. They are in the EU, but not the VAT zone.
Your proposed situation is little different from that of many UK based ocean voyagers who spent more than 3 years outside the UK and found that HMRC frequently used the "exceptional" part of the returned goods rules and did not impose VAT on return to the UK. i expect the CA will be able to tell you more about this.thanks - it's more complicated than i thought...
So, even the canaries don't count? I'm surprised by that.
Your proposed situation is little different from that of many UK based ocean voyagers who spent more than 3 years outside the UK and found that HMRC frequently used the "exceptional" part of the returned goods rules and did not impose VAT on return to the UK. i expect the CA will be able to tell you more about this.
Your issue will, though be whether the EU state where you re-enter will be as equally relaxed. Remember though that many EU citizens/boats (particularly French) have been travelling the world for years and in theory face the same problem, but maybe not really an issue. BTW remember the Azores and Madeira are part of Portugal and therefore the EU.
thanks - it's more complicated than i thought...
So, even the canaries don't count? I'm surprised by that.
I think buying a boat in Martinique could be fun.Yes I seem to remember the Azores was an advantageous place to pat VAT on an import into the EU.
I think buying a boat in Martinique could be fun.
It could be French registered (Martinique is a department of France just like the Alpes Martimes or the Var), and would then be French VAT paid.
But not EU VAT paid as Martinique is not in the EU VAT zone.
Work that one out.
?? Polish yacht registration €469 (incl VAT) Poland seems to give a lifetime flag reg. When my Part 1 runs out (already renewed after 5 years) I will probably go Polish. This will save on a lot of costs and hassle. BTW... can anyone confirm this 'Polish Flag claim'?
Too soon to tell, I think.
Polish registration is a relatively new player on the market.
You've got to ask yourself: how long will it last?
Till only a few years ago, Belgian registration was quite popular for pretty much the same reasons as Polish registration now.
Yet, recently, they tightened the screws and Belgian registration is now only available to Belgian nationals & residents (and they now require proof of EU VAT status).
By the time your Part1 runs out, the situation may very well have changed and Polish registration could no longer be attractive.