mikemcgregor
Well-Known Member
I am interested in buying an Andorra registered boat which is domicile in Spain and would intend to keep it here as well.
The broker said that there is no Vat receipt (boat was built in 1993) but was re engined in 2005 with a pair of VP D4's for which Vat has been paid. It has had one owner since new and has always been based in Spain. The broker said the engines are worth more than the hull and that as Vat has been paid on the engines any vat due would be minimal.
THe broker also says that as it has been in Spain for so long there is nothing to worry about. I would of course get it on the SSR.
Any comments about possible problems would be appreciated.
The broker said that there is no Vat receipt (boat was built in 1993) but was re engined in 2005 with a pair of VP D4's for which Vat has been paid. It has had one owner since new and has always been based in Spain. The broker said the engines are worth more than the hull and that as Vat has been paid on the engines any vat due would be minimal.
THe broker also says that as it has been in Spain for so long there is nothing to worry about. I would of course get it on the SSR.
Any comments about possible problems would be appreciated.