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Old 07-01-2007, 11:26 PM   #1
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Hi can anyone inform me on a non eu resident buying a yacht in greece to keep in greece what the vat regulations are. I am being sent from pillar to post.

hellas
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Old 07-05-2007, 10:57 PM   #2
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Hi Hellas,

The EU VAT regs are really fairly simple. If you are buying your boat in Greece you will pay VAT on the boat at the Greek rate unless the boat is bought privately second hand. You will be eligable for a VAT refund only if the boat is exported from the EU.

If VAT is paid in one EU country, it is not due in another so buying a boat in a country with a lower VAT rate can be a good option. Having said that I must admit to not nowing what the Greek rate of VAt is.

Aye

Stephen
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