Spanish Flagged Boat

Koumari

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Joined
1 Jul 2012
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Can anyone offer any advice please to a first tiem boat buyer?

I am thinking of buying a tax (VAT) paid Spanish flagged boat which I intend to moor in Cyprus and use around the Med for approximately 3-6 months of the year.

Can I keep the boat under a Spanish flag or should I reregister it under say a Cypriot flag.

The boat I am thinking of buying is currently VAT paid so it would seem a shame to have to pay VAT again

Any advice on ehat I need to do to legimtimately keep the boat in The Med and withi the EU all year around would be gratefully received

Many thanks in advance
 
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