Call it, “Life imitating art.” They were under siege by a great white shark in the 1975 film, JAWS. Actor Roy Scheider’s character exclaimed, ‘We’re gonna need a bigger boat.’
Obviously the film’s director, Steven Spielberg, took that sentiment to heart. His 282 foot superyacht is up for sale. It will be replaced with an even larger vessel.
Oceanco 2010 Spielberg yacht SEVEN SEAS lived up to its name. The famous director, his wife Kate Capshaw, and their seven children made it happen. They took the yacht on a 30,000-mile round-the-world cruise.
Over the years, many famous Hollywood celebrities have been guests onboard the yacht. For instance, Gyneth Paltrow and Leonardo DiCaprio. The UK’s Daily News wrote an article. A friend of the director said, “Steven didn’t realize how much he’d enjoy cruising the ocean. Now he’d like to spend more time exploring the seas, and bring a few friends along for the ride. So he’s upgrading to a bigger yacht.”
The yacht is sometimes available for hire. This season’s charter rate in the Mediterranean is $1.2 million per week.
“She has always been a favorite charter yacht,” says Jana Sheeder, President and yacht charter Maven of 1-800 Yacht Charters.
If you’re considering renting the yacht this summer, you might have to wait until September, as the legendary director and his family have spent a considerable portion of their summer vacation onboard, and were recently spotted taking in the sites of Portofino, Italy. Even the family dog is along for the ride.
Lucky pooch!
This entry was posted in Good Times Yacht of the Week Educational and tagged Gwyneth Paltrow, Monaco yacht charter, 1800yachtcharters, president of 1-800 Yacht Charters, motoryacht charter, luxury yacht charter, Celebrities Who Enjoy Yacht Charter, Seven Seas, yachts for sale, Oceanco, celebrities on yachts, Jana Sheeder, Steven Spielberg, dogs on yachts, Leonardo DiCaprio, superyacht owner dogs
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For the nouveau riche, the idea of taking a private yacht charter vacation is both casual and routine: “Honey, should we go to the chalet in the Alps this weekend, or spend a few days boating around St Barts?”
For the rest of us working-class types, a boating holiday is something we plan far in advance. Specifically squirreling away our pennies to pay for this special experience. Regardless of crewed yacht in the islands of the Caribbean or a do-it-yourself Florida Keys bareboat charter.
When affordability and value matter, it’s important to lock in a great charter price and not get blindsided by unexpected cash outlays.
Here are three pitfalls that can put a crimp on your charter budget – along with some helpful advice from Jana Sheeder, President of 1-800 Yacht Charters. Avoid or mitigate these expenses, and it will be smooth sailing.
The idea of an “all-inclusive” charter rate is a bit of a misnomer. Many Caribbean-based charter yachts offer all–inclusive rates, but carefully read the small print on your charter agreement. One item that is rarely included is the cost associated with using the yacht’s onboard communications system. This includes cellular phones and internet connectivity.
Unlike back home, cellular and internet service is very expensive in the Caribbean – often $1 or more per minute. With the whole family logging on to check emails, staying in touch with the office, friends, and family adds up quickly – you can easily incur communication fees of $500 or more in a week’s time.
Jana’s Tip – “Limit everyone’s online time to a few minutes a day. Better yet, turn off the cellphones, laptops, and get ‘un-connected.’ The whole point of a yachting vacation is to spend quality time with one another and to become immersed in the local culture and nature. Take a break from technology and enjoy your vacation!”
Many all-inclusive yachts offer a “ship’s bar” in the cost of the charter. This means the yacht will provide beer, house-quality wine, and some hard alcohol. But beware – if you request certain top-shelf brands or vintage wines and champagnes, you could be in for a rude awakening when your skipper hands you an invoice for, “special requests” at the conclusion of your charter. While some islands offer duty-free alcohol, this is not for local consumption, and premium brands in the islands are often 3 to 4 times as expensive as the same brands back home.
Jana’s Tip – “Unless you absolutely must have your hand-brewed artisan ale, or a special single malt whiskey from some remote bog in Scotland, enjoy the house brands for a few days – especially the local island concoctions like Rum Runners and Pina Coladas.”
One of the great joys of a Virgin Islands yacht charter vacation is the flexibility – you can come and go as you please, when you please – all at your own pace. Sometimes, charterers decide to conclude their charter in a different place than where they started. Your trip might commence in St. Thomas, USVI, for example, but you’ve looked at a map and feel an adventurous cruise concluding in St. Martin sounds like fun. It is YOUR yacht for the charter – everything’s up to you!
Most yacht owners and crews are more than happy to accommodate your wishes for everything – after all, this is your fully-customized vacation. However, there could be a hefty cost to end in a port other than where you began your odyssey, and if you’re not careful, you could be left footing a “delivery” bill.
The technical term is “re-positioning” – the cost of fuel and crew salary to return the yacht, after the charter has concluded, back to its home port. Depending upon how many days it takes the crew to return the yacht to its homeport, you could be looking at a fee as low as $500 to as high as $1000 for a sailboat, and double that for a motoryacht.
Jana’s Tip – “ask your charter broker before signing your charter agreement if there will be any delivery fees if you end in a port other than where you began your trip. If there is a fee, ask your broker to approach the yacht owner and see if the fee can be reduced, or even waived. Oftentimes, owners will absorb the cost of re-positioning, in order to secure your business.”
In conclusion, avoiding these budget-blowing pitfalls can save hundreds of dollars. This keeps your trip as it should be. It is a memorable experience to cherish for a lifetime.
What questions do you have about the costs of yacht charter vacations? We’d also love to hear about your experiences when chartering! Please comment below!
This entry was posted in Educational Yacht Charter News Frequently Asked Questions and tagged 1800yachtcharters.com, Jana Sheeder, technology vacation, virgin islands yacht charter, boating around st. barts, costs of yacht charter, caribbean yacht charter, pitfalls to avoid, repositioning fees, delivery fees, top shelf alcohol, cellphone charges on a yacht, extra costs on a yacht charter, president of 1-800 Yacht Charters
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Surprisingly, this question often comes up when our clients return from a memorable luxury yacht charter vacation.
Charter clients seem mesmerized by The Superyacht Experience.™ We’re thrilled! : ) Indeed, it’s hard to imagine any other vacation on par with yachting. It’s an experience where the superyacht serves as a platform for an eco-friendly adventure. Most of all, it’s a chance to reconnect with family and friends, embrace diverse cultures, and rejuvenate mind, body, and spirit.
But is it a “bridge too far” to transition from luxury yacht charter guest to superyacht owner? Actually, it’s fairly common for charterers to become superyacht owners.
Some people purchase a specific automobile make and model after renting one for a long trip. They like how the car looks and handles. Of course, they celebrate how the vehicle whisked them to a new destination, in style and comfort.
Similarly, charterers become enthralled with the creature comforts of a yacht. Certainly, the idea of arriving in an exotic destination on a floating villa is pretty darn appealing.
From there, the intrigue and hunger continue to grow. After all, why limit your family’s enjoyment of cruising to just one or two weeks a year?
The yachting lifestyle is addicting!
WE AT 1-800 YACHTCHARTERS CAN HELP YOU CHARTER OR PURCHASE A YACHT! You win with us because a portion of everything that we earn goes to the charity of your choice! We know the yachts. In addition, we know management. We charter these yachts. Our company knows Captains and professional crew. Most important, we know clients! YOU are important to us. We LOVE our job. 1-800 Yacht Charters cares about the ocean. We care about YOU. Our company works to make a difference every day. We give back. We’d love to be on your team!
Let’s take a look at three, popular superyacht charter vessels currently available for hire, and also available for purchase.
We never quite understood the meaning of Quantum of Solace as the title of the James Bond film. It doesn’t matter – naming superyachts in homage to Bond films is very popular. There are many James Bond boats as we like to call them. For instance, Octopussy, Skyfall, Casino Royale, and others.
There is even a superyacht named after the 2008 Bond film, Motoryacht QUANTUM OF SOLACE. The 72.6m superyacht was built in 2012 and refit in 2017. Here’s our description of the yacht on our charter website.
“Award-winning Proteksan Turquoise motor yacht QUANTUM OF SOLACE is noteworthy for a few reasons. Specifically, her spectacular lines and enormous volume. Charterers enjoy many entertainment and relaxation areas. For instance, her salons, bars, decks, and terraces. She is a Turkish build. The yacht features both interior and exterior design by H2 Yacht Design. QUANTUM OF SOLACE accommodates up to 12 guests in seven beautiful cabins.”
Her weekly charter rate is €560,000.
Her listed purchase price is $58,000,000.
Finally, a yacht with a name we can understand! Well…not really. We cheated and looked up the meaning. In numerology, the number 11 is considered a master number, and it signifies enlightenment. If you pair the number with itself, 11.11, it represents a message from the universe to become aware.
Cosmically, we’ve got a ways to go. However, even we’re aware that Benetti yacht 11.11 is stunning. Here’s a little history from our website on how this yacht came to be.
“Benetti yacht 11.11 is a winner from the 2016 World Superyacht Awards. She is only the second plumb-bowed boat built by the fabled Italian yard. This beautiful lady was originally commissioned to look like a Russian Czar’s palace. Her first owner walked away when the yacht was just 40% complete. A new owner stepped in to transform the yacht into an award-winning monochromatic masterpiece. What a fortunate owner! The current trend is to build yachts with hard, minimalistic edges. This yacht’s main living areas onboard yacht 11.11 offer suppleness and comfort.”
Here is a link to our video by company President, Jana Sheeder, for superyacht 11-11. Enjoy!
The weekly charter rate is €650,000.
The listed purchase price is €59,500,000.
Back in grade school, we were taught Pluto is the ninth planet in the solar system. Now, it’s referred to as a dwarf planet. It’s ok, Pluto – we‘ll still call you the ninth planet!
Avoiding the naming controversy is the 73.2-meter superyacht PLANET NINE. Forget outer space – there’s plenty to explore on earth. This yacht is built for ocean adventure. Our website notes describe this superyacht as a
“…Long-range high-quality luxury explorer yacht with serious go anywhere sea keeping characteristics, heavy build specification and suitable for sailing in ice conditions in accordance with its class notation. Dynamic positioning and suitability for global cruising. Commercially approved helideck suitable for an Augusta Grande dimensionally or larger helicopter in weight, up to 8 tons, with enclosed below-deck hangar.”
The weekly charter rate is €650,000.
The listed purchase price is €85,000,000.
Are you ready to charter or purchase a yacht? Please count on us. Let’s make a difference together. We created to term and the concept, The Superyacht Experience(tm), so we KNOW yachts, and we KNOW what you want to experience! Call, text, WhatsApp, snail mail, or email us today! Put us to work on your behalf! We stand ready.
This entry was posted in Educational Yacht Charter News Video Yacht of the Week Frequently Asked Questions and tagged Charity, Jana Sheeder, Planet Nine, president of 1-800 Yacht Charters, the superyacht experience, 1-800 Yacht Charters, yacht for charter, 11-11, The Superyacht Experience(tm), private luxury yacht charter, Quantum of Solace, yacht sales, James Bond, Planet 9, luxury yacht charter, benetti yacht charter, yacht purchase, buy a boat, boat rental, yacht for sale, motoryacht charter, charter or buy a yacht, buy a yacht
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Recently, we blogged about the Thai government’s efforts to lift the restrictions that kept superyacht charter vessels away from Thailand. Now that the door has been opened for foreign-flagged yachts. In addition, American charterers and tourists are welcome. Here are some cultural taboos that could save you from being branded an “Ugly American.”
Keep in mind almost 95% of the Thai population is Buddhist. As in much of southeast Asia, there are cultural taboos that non-Buddhists would not know, some of which are considered religiously offensive.
Three things NOT to do on your yacht charter Thailand:
Always use your right hand to pass or receive an object. [Sorry left-handed charterers.]
In conclusion, one of the great joys of a yachting vacation is The Superyacht Experience™. It is the chance to embrace diversity, participate in unique cultural events, and rejuvenate mind, body, and spirit. By avoiding these taboos, think how much more enjoyable your Phuket yacht charter vacation will be. You won’t offend the wonderful people of Thailand, and your mother won’t scold you for putting your feet up on the yacht’s furniture!
For more information on chartering a yacht in Thailand, contact us today. The team at 1-800 Yacht Charters +1.800.922.4824 / toll-free in North America or +1.305.253.7245 stands by to educate and assist you. Feel free to use our convenient online contact form, if you’d rather. #knowbeforeyougo #yachtcharter
This entry was posted in Yacht Charter Destinations Frequently Asked Questions Educational and tagged What to never do, Jana Sheeder, What to always do, 1800yachtcharters, Ugly American, Education, Where did the term, Trivia, come from?, yacht charter Thailand, Is the head sacred in Thailand, Taboo, Are the feet sacred in Thailand, Buddhism, Traditions, president of 1-800 Yacht Charters
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With her repeat clients pushing for the newest yachts with unique amenities, Jana Sheeder, President of 1-800 Yacht Charters, understands the need to keep her finger on the pulse of the latest yachting design trends.
Sheeder shares with us three over-the-top design trends she has noticed on upcoming new builds and recently-launched superyachts.
Balconies are features of upscale villas and resort suites. The use of balconies (or “terraces”) is the ideal way to integrate interior and exterior areas. This amenity has now caught a foothold in superyacht design. Builders are adding balconies adjacent to interior dining rooms, beach clubs, and most impressively, off of master cabins. 66m ISA motor yacht OKTO, for example, incorporates a private balcony in her full beam master suite. The hydraulic balcony is controlled by the guests. Specifically, simply push a button. This is a distinct advantage over earlier generation balconies on older yachts. They require the assistance of the crew to open and close. The balcony comes with an air curtain to keep the interior spaces cool, while having the balcony open to the ocean.
POOLS
No, not Jacuzzi-style spa tubs – they are still an important superyacht amenity as well. We’re talking about cool, fresh water pools, large enough to frolic with the kids on a warm summer day (or swim in place with the aid of current-generating waterjets).
When you’re anchored in a cove near Ibiza on a hot July afternoon, a dip in cool freshwater is a pleasant alternative to the salty, warm ocean. Great examples of Balearic island yacht charter vessels with pools are 67.5m motor yacht ICON, and 108m Pride Mega Yachts 2018 motor yacht TOMORROW.
WELLNESS AREAS
The interest in wellness yacht charter vacations continues to grow, with more and more clients requesting yachts that offer amenities for mind, body, and soul. Saunas, steam rooms, gymnasiums, quiet yoga areas, as well as onboard nutritionists, beauticians, and massage therapists are a big draw. Sheeder believes yachts that cater to mindfulness and overall wellness will be in great demand in 2017 and beyond. Examples are the 85m Lurssen yacht SOLANDGE and Tankoa yacht SUERTE (69m).
This entry was posted in News Educational and tagged Okto, yacht balcony, Suerte, terrace, Jacuzzi, nutritionist on yacht, Swimming pool, Balcony, yacht beautician, Jana Sheeder, Tomorrow, massage therapist on yacht, massage, Icon, spa treatments on superyachts, president of 1-800 Yacht Charters, sauna, wellness spa, steam room, Ibiza yacht charter, yoga, wellness, yacht charter maven, Solandge, luxury yacht charter maven
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Whether on Instagram, Facebook, YouTube or the web, just about everyone has seen ads for luxury yacht charter vacations. Gourmet meals, white glove service, and Ri¢hie Ri¢h toys are the benchmark of these lavish floating resorts. The essence of The Superyacht Experience™ is a passion for discovery, and a longing to reconnect with family and friends – fueled by a generous budget. We bring you three ways to avoid being ripped off on your yacht charter.
How do you know the rate quoted for a superyacht holiday is legitimate. In specific, not an arbitrary, marked-up price. Further, designed to take advantage of your affluence? Beyond the accuracy of the price, how do you know if it’s a good deal as well?
We have outlined three steps to take to guarantee your charter rate is accurate, fair – and a great value for the money invested. Following these steps will help you avoid price gouging and rip-offs by unscrupulous merchants.
Note: We’ve also included helpful advice from our company President, Jana Sheeder (1-800 Yacht Charters).
First, UNDERSTAND who sets the rate for a yacht for hire.
The first step to ensure you are quoted a legitimate price for your yacht charter adventure is to understand who determines the price. In the world of ultra-luxury yachts available for hire, the charter rate is set by the yacht OWNER. Luxury charter yacht owners typically hire a company referred to as a “Central Agent” to serve as their representative. The central agent (CA) maintains the yacht’s charter calendar, administers the charter paperwork, and collects the charter funds. Many CA’s will offer guidance to an owner to help establish a fair price for charter (often based on comparisons to similar yachts), but ultimately it is the owner who sets the rate, and the CA publishes that rate.
Secondly, CONFIRM the rate quoted is the rate set by the yacht owner.
Luxury yacht owners rarely make themselves or their CA available to the public – preferring to leave the business of chartering in the hands of professional Charter Brokers. These brokers perform much the same role as real estate agents – serving as the go-between for the Buyer (Charterer) and the Seller (Owner). Charter brokers have access to the CA’s and are responsible to confirm rates and date availability with the CA’s.
Once you have narrowed down your options to a specific yacht, ask your charter broker to provide a written cost proposal from the CA – ensuring the rate quoted is the rate established and set by the yacht owner.
“Some charter brokers will balk at the request of a written cost proposal from the CA, fearing the client will attempt to contact the CA directly to secure a better deal. If you sense hesitation on the part of your broker, tell your broker to ‘register’ your name and inquiry with the CA. To do this, send your charter broker a short, written note (via email) naming your broker as your authorized charter representative for the purpose of securing the charter of the specific yacht for specific dates. Your broker then shares that note with the CA and registers you as their client. Now the broker will feel protected and will be more inclined to seek written confirmation from the CA as to authenticity of the rate quoted.”
Thirdly, MAKE an offer!
Once your broker has communicated the published rate to you, and you have verified the rate is accurate, consider making an offer below the published rate. Again, think in terms of the real estate marketplace. Sometimes (but not all of the time), a property owner will accept an offer to purchase his or her real estate for an amount below the published selling price.
Unless you feel the published rate is fantastic, we can’t think of any reason not to ask for a discount! Think the owner is gouging a bit in high season? Ask for a discount. The owner may accept your offer, make a counter-offer, or simply say no. The point is – it’s your money, and you just might end up keeping more of it in your pocket!
“Before you make an offer, ask your broker if they have ever secured a discount from this owner in the past, and how much (%). The answer might surprise you. At the very least, it will help you formulate an offer based on the owner’s prior willingness (or lack thereof) to negotiate below the published rate.”
In conclusion, by following these three steps, you are safer. You ensure the charter rate quoted is not only accurate and fair, but also the best deal available. The Superyacht Experience™ includes honest, ethical advice from a yacht charter company serving discriminating clientele since 1976.
Take the promise of a great rate to a whole new level – only 1-800 Yacht Charters offers a “Best Price Guarantee.”
This entry was posted in News Frequently Asked Questions Educational and tagged How to get best price on a yacht charter, 3 ways to avoid getting ripped off, Make an offer, what is a Central Agent?, Best Price Guarantee, written cost proposal, honest advice by yacht charter company, Jana Sheeder, president of 1-800 Yacht Charters, the superyacht experience
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“Do you prefer a sailboat or a motoryacht?”
The pendulum, however, seems to be swinging as more clients express interest in luxury sailing charter holidays.
“We are witnessing a shift in our sense of priorities when it comes to the world around us,” says Jana Sheeder, President of 1-800 Yacht Charters, an international yacht rental agency. “The focus on sustainable lifestyles goes beyond how we live at home. Many travelers feel compelled to seek out an eco-friendly vacation, and sailboats are the perfect alternative to fossil-fuel powered motoryachts.“
But what about luxury and comfort? For years, sailboats were considered small and cramped, with far fewer amenities than their power-driven counterparts. “That’s all in the past,” says Sheeder.
“Advances in technology have come a long way. Naval architects have found ways to add upscale amenities to sailboats without compromising the yacht’s performance capabilities.”
Sail yacht KOKOMO is indicative of this direction. The 58 meter sailboat reflects new heights of excellence in terms of design, technology, engineering, performance, and quality.
With so much to offer, here are 4 great reasons to rent a sailing yacht:
1. Sailboats offer you the chance to experience and enjoy the journey as much as the destination.
2. Sailing yachts are more environmentally-responsible (“green“) than motor yachts.
3. Sailboats offer greater fuel economy and less fuel consumption than motor yachts.
4. Sailboats can offer a more tranquil, relaxing experience than a cruise on a motor yacht.
This entry was posted in Yacht Charter Educational and tagged Benetti, sailboat yacht charter, why choose a sailboat, eco-friendly, trinity, motoryacht charter, Jana Sheeder, president of 1-800 Yacht Charters
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To the delight of Lurssen yacht charter fans everywhere, the owner of motor yacht MARTHA ANN has agreed to position the 70 meter superyacht in the Adriatic as of 1 June 2013. At this writing, the yacht will return to the Western Mediterranean for a booking in mid-July.
Rarely do the world’s largest yachts venture from the standard and uber-popular Western Med cruising grounds such as the Amalfi Coast and the south of France.
Lürssen yacht MARTHA ANN is maintained to a high standard inside and out. She features many upgrades. For instance, 2 new SeaDoo GTX 260’s and the addition of a 44 foot / 13.41 meter Nautica towed tender.
According to Jana Sheeder, President of 1-800 Yacht Charters and SailAway Yacht Charter Consultants, she is a special superyacht.
“With her massive beam of nearly 13 meters, she boasts extraordinary volumes for a yacht of this length. With 7 wet bars and a beautiful glass elevator that services all 5 decks, this is the ideal entertainment yacht for a Mediterranean yacht charter in the summer or a Caribbean yacht charter in St. Barts to celebrate New Year’s Eve.“
Motoryacht MARTHA ANN offers accommodations for 12 guests in 7 staterooms. Her weekly rate is Euro €600,000 per week. Running expenses are in addition.
This entry was posted in Destinations Special Events Yacht of the Week and tagged New Year's Eve, Amalfi Coast yacht charter, Lurssen yacht charter, Jana Sheeder, president of 1-800 Yacht Charters, caribbean yacht charter, martha ann, St. Barts yacht charter
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The Charter Yacht Brokers Association is CYBA. They announce 2017 winners of their campaign. This is the annual “Going Green To Save The Blue” cause. The crew onboard superyacht NERO places in the “Designer Water” contest. The contest recognizes crews of luxury yacht charter vessels. This award goes to crews acknowledging their “yacht-made” water. This is an effort to reduce. Disposable plastic water bottle use on yachts must decrease.
Jana Sheeder, President of 1-800 Yacht Charters and a CYBA member, explains the program. The underlying message is unquestionably urgent.
“Importantly, the campaign is designed to encourage yacht owners and crews to reduce, and eventually forego, the use of plastic water bottles by both the crews and the onboard luxury yacht charter guests. The goal is to raise awareness as to the massive volume of water bottles that are consumed during charters, and the impact disposable plastic has in our landfills and more importantly, our oceans.”
The “Designer Water” contest is annual. It occurs at the opening of the Caribbean yacht charter winter/spring season. At this time, the season sees more than a dozen private yacht charter vessels. In addition, crews showcase their “flavored” waters. Specifically, the waters generate from onboard watermakers that convert seawater into clean, safe drinking water.
This year’s winners are first, 111 foot sailing yacht REE for Hibiscus Martini Water. Second, 183 foot sailing yacht ROSEHEARTY wins for Moranga-infused Detoxifying Water. Third, 265 foot mega yacht NERO wins for Coriander and Passionfruit Water.
It should be noted that the CYBA campaign, “Going Green To Save The Blue,” strategizes dually . It encourages yacht owners and crews to offer eco-friendly options. Private yacht charter guests participate in this sustainable initiative. Hopefully, the guests return home with a clearer understanding of the impact of plastic pollution. In addition, how they can incorporate simple changes in their daily lives. They can make a difference in safeguarding our environment for future generations.
“The ‘Going Green’ campaign highlights the numerous opportunities and options available to our private yacht charter clients, yacht owners, and crews – from avoiding plastic water bottles, to using green cleaning products, reef-friendly sunscreens, and solar panels for energy,” says Sheeder. “We congratulate motor yacht NERO and her owner and crew and all of the other Caribbean yacht charter teams for their commitment to the long-term health of our oceans and the marine environment.”
In conclusion, turn to 1-800 Yacht Charters for yacht rentals. We are the company with the industry-leading Best Price Guarantee. In addition, we charter a fleet of Eco-friendly yachts around the world. Call us toll-free in North America at +1.800.922.4824 or local and international at +1.305.253.7245 to plan your yachting vacation.
This entry was posted in News Educational and tagged solar, say no to plastic, president of 1-800 Yacht Charters, water bottles, caribbean yacht charter, Ree, protect the ocean, Rosehearty, award-winning, Charter Yacht Brokers Association, eco-friendly, CYBA, member, motoryacht charter, go green, designer water, Awards, designer, Nero, Jana Sheeder, campaign, protect the environment, eco campaign
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“Spanish IVA (VAT) remains at 21% – nearly double the typical fees found in other EU countries,” states Jana Sheeder, President of SailAway Yacht Charters and 1-800 Yacht Charters. Sheeder adds, “A myriad of permits and registration requirements makes it difficult for charter vessels to commit to cruising in Spain.Without Spanish registration, these yachts cannot begin and end a charter within Spanish waters. So the combination of administrative burdens and high IVA keeps most charter yachts out of Spain.”
Sheeder explains,“The tax has not been eliminated. The Ministry was careful to use the words, ‘Ceased to be applied.’ While we expect the Spanish Parliament to vote in favor of the Ministry’s position on the matriculation tax, there is no guarantee that a future administration won’t vote to reinstate it.”
Still, the abolishment of the matriculation tax is a step in the right direction. Parliament’s approval is expected within the next few months and the new exemption should be in place in time for the summer 2014 charter season.
This entry was posted in News Educational and tagged Jana Sheeder, president of 1-800 Yacht Charters, Spain yacht charter, VAT, Balearic yacht charter, IEDMT (Impuesto Especial sobre Determinados Medios de Transporte), matriculation tax, IVA, what is VAT, SailAway Yacht Charter Consultants, luxury yacht charter tax
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