Tax Mitigation - How it works
A new yacht bought for €10m would normally mean a VAT bill of almost €2m. However, properly invested, 2m could be used to pay The Golden Anchor scheme fees and return a substantial profit. Using internationally-recognised chartering structures, VAT falls due only on your charter fees and is more than met from the investment return. Financing can further enhance the benefits to you. Wherever you sail, your yacht has the legal status of “VAT paid” and you can register the yacht in the country of your choice and sail under your own national flag.
When the time comes to sell your yacht, a Golden Anchor yacht attracts more buyers and lets you drive a harder bargain. Commercial charter companies, owners wanting to sail outside the EU and a growing number of private owners prefer a vessel which is owned through The Golden Anchor structure. They neither need nor want to pay a premium for a yacht just because the seller chose to pay the VAT on purchase.