25931
Well-Known Member
I need to re-register. In Olhão marina one can see quite a number o Belgian and Polish flags. Advice would be appreciated.
SSR, tightening up on non residents?Why do you need to re register?
Belgium you can forget their also tighten up , polish is getting very popular no matter what you read here,I need to re-register. In Olhão marina one can see quite a number o Belgian and Polish flags. Advice would be appreciated.
SSR, tightening up on non residents?
I was hoping to use it, but can't. Mine will be French, but being small, doesn't have the problems of the average cruising yacht .
) Owners or users of recreational yachts over 8 metres, resident or established in Spain, who use the yacht in Spanish waters must pay registration tax.The matriculation tax is Spain only on new resident assets. Nothing to do with keeping a boat in the EU and no need to change registration. Status of boat in the EU is a function of its VAT status. If it is UK VAT paid then you have to import into the EU when you become resident, but that is independent of matriculation although of course it might happen at the same time.
Act 39/ 2010, of 22nd December, of State Budget, has introduced a significant amendment to the First Additional Provision of the Law 38/1992 of 28 December, of Special Tax, rule setting the Special Tax on Certain Means of Transport (IEDMT), also known as Spanish Matriculation Tax on yachts.
This tax, applies to vessels over 8 meters in lenght to be registered in Spain, is 12% of the value of the boat. Under the first additional provision, the registration in Spain is compulsory when the boat is destined to be used by a natural or legal person residing or established in Spain.
With the new wording, the obligation of paying the tax still continues when the yachts are to be used by residents and established, but registering the yacht in Spain is not required.
That means that it is compulsory to pay the tax, but not necessarily to change the flag to the Spanish one.
Exactly, if you read my earlier posts I said that one finding is different to another.There's a contradiction in this post. paragraph 2 states - the registration in Spain is compulsory when the boat is destined to be used by a natural or legal person residing or established in Spain.
Whereas para 3 & 4 say - registering the yacht in Spain is not required.
Which is correct?
Exactly, if you read my earlier posts I said that one finding is different to another.
These are cut and posted from Spanish marine legal people.
I do know the op is referring to Portugal, but it would not surprise me if their info was just as confusing.
Also the date is 2011?
Other reports seem to say it is compulsory if a Spanish resident owns a yacht it has to be Spanish flag....
Long may it continue.No confusing info to worry about in Portugal, we're not required to matriculate boats or pay import taxes here, just pay light dues and circulation tax but most avoid paying the latter![]()
Its certainly seems to be the best place to take up residence, I was somewhat restricted in choosing as Tibi's son and grandson had already moved to Tenerife in 2019, also Tenerife/Spain is more welcoming to Venezuelans due to history.
It was the easiest place to obtain temporary residence as they just accepted a marina as an address, these days it's far harder with many hoops to jump through as we're no longer EU citizens. Problem for many will be when their 5 year temporary runs out and they've not become established or, in most cases, can't even prove they've been in country for the necessary 183 days p.a.
Agree, but for most people who gained temp res. just before B day. that day of reckoning is 2/3/4 years away and not even on their radar. However it is what they do today and over the time leading up to their date of expiry that will validate or not their permanent application. For instance whilst a marina address was acceptable initially it may not be for permanent res. Who knows what they're going to ask for or look at and once again, individual regions will ask for different things and there will be no common lists of "proof". When I did my permanent res. at SEF Portimao it was very different from the "camera based" temp residence process. Much more official and searching and checking of my documents and proof that I actually lived here, and that was before B was even on the agenda. For me it was pretty much a formality as I genuinely lived here and met the criteria but I still had to go through the process. They even asked for bank statements to show my expenditure over the 5 years and that it had a steady transaction pattern of use and not spasmodic as one of a "holiday maker" type residence would be. By the time these temp residences come around for assessment, SEF will probably no longer exist in its current form and I'm sure there will be new interpretations on the law so we will just have to wait and see what they do. It would definitely be advisable for anyone facing this in the next few years to start building their dossier of proof now so they are not faced with backtracking 5 years looking for evidence like bank statements, utility bills, maybe rental contracts etc etc. I didn't have to produce every bank statement or utility bill for the last 5 years, just a sprinkling of evidence was enough when I went. A shoe box in the study is what my wife is using to occasionally drop bits of evidence into as the years progress. Then hopefully on the day its required, most of the ancilliary evidence she needs will be in that box for her.It was the easiest place to obtain temporary residence as they just accepted a marina as an address, these days it's far harder with many hoops to jump through as we're no longer EU citizens. Problem for many will be when their 5 year temporary runs out and they've not become established or, in most cases, can't even prove they've been in country for the necessary 183 days p.a.