EU VAT paid status transferable? and 18mth TI

[sepharad]

Originally Posted by boatman61

If you buy an EU VAT paid boat in the EU it can stay in EU waters indefinitely no matter the registration.. just make sure you get evidence of original VAT payment with the boat as proof.
You however, as a non EU citizen will be restricted to the 90 days in, 90 days out rule.

Boatman is spot on. The VAT is on the boat, not the owner. Boat can stay, owner must go.

[Yes maybe]

Originally Posted by boatman61

Yeah.. There's no vendetta against Aussies and Yanks.

Well to be fair, we didn't leave the EU.. divorce is never easy, but yes sometimes you can remain friends.

[Yes maybe]

Originally Posted by Joh.Ghurt

Actually, to be precise: as long as the boat never left the EU for long enough to lose VAT-paid status, which is 3 continuous years. If you just spend a season in the Caribbean, it doesn't lose the VAT status. It's only about whether the boat - not the owner - was an asset in some way of the EU economy.

This doesn't apply to boats owned by brits after Brexit. That situation is more complicated, but I don't think this is relevant in the original poster's case.

OK thanks for good info.

[Dockhead]

Originally Posted by Joh.Ghurt

Actually, to be precise: as long as the boat never left the EU for long enough to lose VAT-paid status, which is 3 continuous years. If you just spend a season in the Caribbean, it doesn't lose the VAT status. It's only about whether the boat - not the owner - was an asset in some way of the EU economy.. . .

And as long as the boat is not sold whilst outside EU waters (or UK waters in case of UK boat). That will also make the VAT paid status go "poof".