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Category Archives: Frequently Asked Questions

10 Reasons to Purchase Travel Insurance

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BUY TRIP CANCELLATION INSURANCE OR NOT?

Anyone who has booked a Benetti yacht charter or a Feadship yacht charter vacation knows that charter agents heavily promote trip cancellation insurance. For mega yacht charter agents, trip cancellation insurance is a substantial profit point.  Commissions of 20% of the insurance cost for selling this product for a Feadship yacht charter or a Benetti yacht charter are common.

 

SUMMER WEATHER IS SOMETIMES AN ISSUE

Charter brokers often offer this coverage to their Caribbean yacht charter customers who fear trip delays due to summer tropical weather disturbances.   Mediterranean yacht charter customers also hear the pitch to purchase this coverage, as concerns for lost baggage are common with long, international flights.

 

PROTECT YOUR INVESTMENT

Putting aside the fact that someone “profits” from the sale of these policies, a luxury yacht charter customer should give serious consideration to this coverage option.  Whether you rent a private yacht, a megayacht, or a superyacht, for a Caribbean yacht charter or elsewhere, or whether you plan crewed catamaran charters or sail boat charters – the facts remain the same: you are spending a lot of money and you may wish to protect your investment!

 

CIRCUMSTANCES OF CANCELATION

There are hundreds of circumstances that could cause you to cancel your trip, return home early, or force you to seek emergency medical treatment while traveling.  What if you booked a MIPIM yacht or a Monaco Grand Prix yacht for the yearly event in Cannes and Monte Carlo, and suddenly you could not attend?

TEN REASONS TO PURCHASE TRAVEL INSURANCE

To demonstrate the importance of purchasing travel insurance, and emergency travel services, here are 10 common examples of what could go wrong.

  1. CANCELED FLIGHTS — It’s 10 p.m. and you and your immediate family arrive at the airport for a connecting flight, only to find that your flight has been cancelled. Who can assist you with finding new flights to get everyone home?
  2. INSULIN IN LOST LUGGAGE — Your bag is lost with your insulin inside. You need help to locate your bag as soon as possible and have your emergency prescription filled. Who do you call?
  3. PASSPORT AND WALLET STOLEN — It’s your first visit to Europe, and your passport and wallet are stolen before you board your Monaco Grand Prix yacht. Where do you turn for emergency cash, and how will you get your passport replaced?

    THE LIST CONTINUES

  4. MEDICAL EVACUATION NEEDED — You’re involved in an accident during your Benetti yacht charter, and adequate medical treatment is not available. Who will help arrange and pay for a medical evacuation?
  5. ILL CHARTER PARTY MEMBERS — Your sister-in-law becomes seriously ill and you must cancel your MIPIM yacht trip. What happens to your non-refundable deposits or pre-payments?
Marina of yachts
6.  LOST LUGGAGE — You arrive for your Feadship yacht charter in Jamaica, and your luggage doesn’t. If it’s lost, who will help you find it? Or if delayed, who will pay for your necessities?  What if it’s stolen, who will pay to replace it?

Woman sitting on an empty baggage carrousel holding head - lost luggage

THE LAST OF 10 REASONS

7.  BANKRUPTCY OF TOUR OPERATOR — Your luxury sailing charter tour operator goes bankrupt. Who will pay for your non-refundable expenses? Who will help get you to your destination?

8.  MEDICAL HELP NEEDED — You’re walking down a street in Rio and twist your ankle. Who can help you find an English-speaking physician?

9.  TERRORISM — It is three weeks until your scheduled arrival for your Croatia yacht charter.  A terrorist incident occurs in the city that you are planning to visit. Who will pay if you want to cancel your trip?

10. HURRICANE — You are at a beach resort in the Florida Keys during your luxury sailing charter vacation, and you are forced to evacuate due to an approaching hurricane. Who will help you evacuate and who will reimburse your lost vacation investment?

WILL YOU BUY TRAVEL INSURANCE?

There are so many circumstances where your vacation may be interrupted.  It’s important to understand your options to safeguard your holiday investment.  Remember travel insurance is optional and should be analyzed before each vacation begins.

HOW TO BOOK A YACHT CHARTER

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3 Hidden Yacht Charter Costs to Avoid

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IT IS SAID

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.

 

AFFORDABILITY AND VALUE MATTER

When affordability and value matter, it’s important to lock in a great charter price and not get blindsided by unexpected cash outlays.

 

3 PITFALLS TO AVOID

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.

 

COMMUNICATION FEES

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.

man on wooden boat talking on cellphone

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!” 

 

SPECIAL ALCOHOL REQUESTS

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.

Crew member pours a drink for a woman seated at a table

 

 

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.”

 

 

 

 

DELIVERY FEES

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.

 

REPOSITIONING CONTINUED

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.

 

HOW TO SAVE MONEY ON YACHT CHARTERS?

Want more money-saving yacht charter tips?  Contact the team at 1-800 Yacht Charters at 1-800-922-4824 or via our 24 hour hotline at 305-720-7245.

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!

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3 LUXURY YACHTS TO CHARTER AND BUY

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HOW MUCH DOES SHE COST? 

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.

 

A BRIDGE TOO FAR?

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!

 

IMPORTANT INFO!

GREAT NEWS!

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!

 

THREE SUPERYACHTS FOR SALE AND CHARTER

Let’s take a look at three, popular superyacht charter vessels currently available for hire, and also available for purchase.

 

QUANTUM OF WHA???

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.”

 

Aerial photograph of motoryacht Quantum of Solace. She is headed toward the lower left side of the screen. She is a solid white motoryacht

 

Her weekly charter rate is €560,000.

Her listed purchase price is $58,000,000.

 

  

A MASTER NUMBER

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!

 

Motoryacht 11-11 at anchor at sunset

The weekly charter rate is €650,000.

The listed purchase price is €59,500,000.

 

 

NINTH ROCK FROM THE SUN

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.”

 

 

Profile photograph of a motoryacht underway. She has a grey hull and a white superstructure. There is a small ribbed dinghy traveling at her side. The yacht and dinghy are facing the right side of the photograph. There is a helicopter coming in for a landing on the back of the yacht

 

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.  

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3 Simple Ways to Go Green on Sail Boat Charters

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Save the Earth. Cupped hands holding a blue, white, and orange round globe of the planet. GO GREEN ON YACHT CHARTER

Much attention has been focused on the efforts of the superyacht industry to embrace sustainability and green building practices.  But what about the travelers – the people who rent, for example, a private yacht for a Virgin Islands yacht charter holiday?

How can they contribute to furthering the cause of green, eco-friendly vacations?

 

HOW TO TAKE GREEN APPROACH TO TRAVEL

It’s not hard, and taking a “green approach” to vacations goes hand-in-hand with being a responsible traveler. With a little effort, charter passengers can help reduce the negative environmental impact on the places they visit.

Green travel begins with the understanding and respect for the cruising destination’s culture and an effort to bring benefit the local economy.

Lastly, you do not have to pay more to go green!

 

A FEW WAYS TO GO GREEN

Let’s look at three simple ways to travel greener on your next sailing vacation:

1.  Save Energy
a)  Re-use towels and linens during your charter.   Crews on yachts scramble to clean and change linens throughout a charter.  After all, they are dedicated to the highest level of customer service.  Simply tell your crew that you are willing to reuse your towels and bed linens more than once or twice during your stay.  It is estimated this simple act can save 5 percent on utilities!

 

YET ANOTHER WAY TO GO GREEN ON A YACHT

b)  turn off the air conditioning and lights in your cabin when leaving the room.

 

MORE WAYS TO GO GREEN

2.  Reduce Carbon Output
Plan a trip that will reduce carbon emissions. Sometimes it is as simple as considering the distance from the arrival airport to your awaiting yacht.  Ask your crew if there is a marina or sandy beach close to the airport.  If there is, you can save the cost of a taxi and the related carbon emissions of the vehicle.

 

HOW TO REDUCE CARBON OUTPUT AND GO GREEN?

For instance, many people arriving for a charter in Tortola, BVI first fly into St. Thomas, USVI.  After that, they take a 30 minute taxi to the ferry docks.  They then ride a ferry to Tortola.  Lastly, they take another quick taxi to a marina, where their yacht and crew await.  As a green alternative, you can fly to Beef Island airport in Tortola, adjacent to a large, sandy beach. Your crew can take a dinghy up to the beach to pick you up, and you can literally walk over from the airport!

LAST WAY TO GO GREEN

3.  Support the Local Economy
You can easily travel greener by learning about your destination.  Research the culture, food, and environment of the places you visit. Prior to your charter, ask your crew to cook using native cuisine versus foods and goods that need to be shipped in.  When going ashore to shop and sightsee, buy souvenirs and handmade crafts that benefit the local community.  Do not buy imported goods.  Lastly, Do not purchase souvenirs made from local endangered animals or plants.

Go green on charter. Photograph of woman selling avocados at a Farmer's Market. Photo shows her holding a large plastic bag full of avocados

Remember, responsible travel habits will reduce the negative environmental impact on the places you visit.  These impacts matter long after you and your sailing companions have returned home.

 

DO YOU HAVE TIPS TO SHARE?

Do you have any tips to share on how to travel and cruise by yacht with less of an environmental impact?  Contact us with your suggestions at https://www.1800yachtcharters.com/book-now-contact-us/ now.

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3 Things to NEVER Do (and 1 to ALWAYS Do) During Thailand Yacht Charter Vacation

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RECENT BLOG POST ABOUT THAILAND

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.”

Woman making shocked face - black and white

 

BUDDHIST RULES

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.

 

DO NOT DO THIS

Three things NOT to do on your yacht charter Thailand:

  • Avoid touching or passing any object over the top of anyone’s head, as a person’s head is viewed as the most sacred body part.  Related to this  – Do not touch anyone’s head.
  • Don’t point your foot at any person, and don’t use your foot to move anything, as the foot is viewed as the lowliest body part.  Remember to never put your feet up on a table or any furniture. [I thought my mother-in-law was Italian, but now I’m thinking she was Thai, as she always scolded her son for putting his feet on the coffee table while watching TV!!!]

Baby between two adult feet with traditional no symbols on the feet

  • Try never to point, especially with your index finger, as it is considered extremely rude. [Think of President Bill Clinton – he always used his thumb to point, never his index finger.  Funny, he doesn’t strike me as a Buddhist!]

 

ALWAYS DO THIS!

Always use your right hand to pass or receive an object.  [Sorry left-handed charterers.]

Right hand thumbs up

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!

 

HOW TO CHARTER A YACHT IN THAILAND

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

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3 Ways To Avoid Getting Ripped Off on Yacht Charter

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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.

Four children jumping off of a diving board at the back of a superyacht while parents look on from the back of the boat

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 STEP

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.

 

SECOND STEP

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.

JANA SHEEDER ADVICE

“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.”

THIRD STEP

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!

MORE ADVICE FROM JANA SHEEDER

“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.”

 

SUMMARY

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.

 

WE OFFER A BEST PRICE GUARANTEE

Take the promise of a great rate to a whole new level – only 1-800 Yacht Charters offers a “Best Price Guarantee.”  

 

HOW TO BOOK A YACHT CHARTER

When you are ready to book your yacht charter, we are here for you. Simply click https://www.1800yachtcharters.com/book-now-contact-us/ to fill out a convenient online inquiry form.

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A Year in the Life of a Superyacht

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The yachting industry has long held to the belief that a successful luxury yacht charter vessel can expect 12 weeks of charter business a year.  This expectation included both Caribbean yacht charter and Mediterranean yacht charter business.

Excluding the small sail boat charters that dominate the Caribbean market, in the world of megayacht and superyacht vessels, there are about 830 yachts 80 feet and larger available for a luxury yacht charter worldwide.  What might be surprising to many is this fact: some 600 of these vessels do no more than 3 or 4 weeks of chartering each year.

superyachts in a row - showing size perspectives

Thus, the upcoming Mediterranean yacht charter summer season has a lot riding on it for boat owners and captains who have — perhaps ill-fatedly from the start — factored 12 weeks of megayacht charter business into their calculations.

So what does a 52 week year in the life of a superyacht look like?  A recent industry survey breaks it down like this:
*Owner’s personal use – 6 weeks.
*Yard time (for repair and maintenance) and crossing time to reposition (Caribbean to the Mediterranean, etc.) – 26 weeks.
*Undesirable charter dates – 14 weeks
*Actual Possible Charter Time:  14 weeks.

Charter fleet managers believe there is a a realistic goal.  In specific, a luxury mega yacht charter vessel is no more than 8 weeks per year…

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Amendment to Italian Yacht Tax Applauded By Luxury Yacht Charter Industry

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Photograph of Portofino, Italy marina. Green mountain in the background. Colorful red, yellow, and orange houses along the shoreline. Classic Portofino photograph. Dark turquoise water in harbor. Multiple sailboats and motoyachts anchored in the harbor.

 

ITALIAN YACHT TAX INFORMATION

In January we informed our readers of a new Italian yacht tax signed into law in December 2011.  The tax is effective May 1, 2012.  It assesses a fee for each day a yacht is in service in Italian waters.

 

COMPANY PRESIDENT COMMENTS

Superyacht industry experts, like Jana Sheeder, President of SailAway Yacht Charters and 1-800 Yacht Charters, and others, urged Italian authorities to analyze the economic impact of the pending legislation.

“Our concern was the quest for increased tax revenue might have a far-reaching effect on both the charter industry. In addition, ancillary businesses that support yachting such as marinas, fuel brokers, shipyards, and tourism offices,”  said Sheeder. “Even if you exclude charter revenues, support-related industries on their own generate  €200,000,000 in annual revenue.”

To their credit – the Italian lawmakers listened.

Photograph of the Italian government. Photo shows 6 levels of seating, as if an orchestra audience, full of men and women in dark-colored suits.

AMENDMENT ON TAX

On Tuesday, February 21, the 10th Commission of the Italian Senate for Industry, Commerce, and Tourism passed the Grillo and Cutrufo amendment to the Italian berth tax legislation.  The amendment stipulates the berthing tax will only be applied to Italian citizens who own a vessel, even if the yacht flies a foreign flag.   Foreign citizens who own a boat or Mediterranean yacht charter vessel are exempt from this tax, regardless of their length of stay in Italian waters.

 

INDUSTRY COMMENTS

Fulvio Luise, President of Federagenti Yacht Division, expressed his satisfaction comments.  “The passing of this amendment is an important recognition to the economic impact the yachting industry has in Italy and we look forward to welcoming new and returning megayacht clients to Italian waters this summer.”

Sheeder echoed Luise’s sentiments:

“This amendment will allow Italy to continue to compete on an equal playing field with neighboring countries for the charter sector of the Mediterranean yachting market.  We’re hopeful that the Italian yacht charter market will continue to flourish for many more years.”

 

WHO KNOWS LAWS ON YACHT CHARTERS?

We know the rules and regulations on yacht charters worldwide.  To hire a yacht in France, Italy, Spain or elsewhere in the Mediterranean, contact us.  We are the 1-800 Yacht Charters destination experts.  Click https://www.1800yachtcharters.com/book-now-contact-us/

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Ask the Yacht Charter Pros: How to Pay Less VAT (Tax) on a France Yacht Charter Vacation?

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QUESTION

“I’m planning a 10 day private yacht charter in St. Tropez and the South of France in July. My broker say VAT is 20%. That’s seems a lot. Is there way to not pay this?”
Xavier E, Barcelona, Spain

ANSWER

Answer provided by Jana Sheeder, President 1-800 Yacht Charters:

“The bad news, Xavier, is all charters that take place in a European Union (EU) country are subject to VAT (Value Added Tax). However, we have good news as well – there is a simple, legal strategy that can cut your VAT expense in half.

Instead of paying 20%, this strategy will reduce your VAT to 10% of your base charter fee – a significant savings!

VAT EU logo yacht charter france
Each EU country can set their own level of VAT on commercial yachts for hire. In France, if the yacht undertakes a coastal cruise in French territorial waters, the VAT is 20% of the base charter fee (the base fee is the cost to rent the yacht before factoring in other running expenses such as food, dockage, etc.). So, for example, if you began your charter in Saint Tropez, and cruised along the Côte d’Azur and concluded your trip in Antibes, you would incur a VAT expense of 20%.

MORE INFORMATION ABOUT VAT

However, IF you plan a portion of your charter to cruise in international waters, your legal responsibility for VAT drops to 10% – a savings of 50%!

So how do you do this? Here’s how: When you are planning your itinerary with the yacht’s captain prior to the commencement of your charter, let the captain know that you would like to, “visit a port that requires you to cruise in international waters and beyond the coast of France.”

 

HOW CAN I SAVE TAX?

You could, for example, leave the French coast and cruise to the island of Sardinia. This is approximately a 5-7 hour cruise from the South of France.

 

SPECIAL TIP

Ask your captain to undertake this crossing overnight, while you and your guests are sleeping. Then, when you rise in the morning, you’ll be able to spend a full day, or longer along the coastline of this fabled Italian island before heading back to France.

So there you have it.  With a little strategic planning, a slight deviation in your St Tropez yacht charter can result in big savings; possibly thousands of Euros depending upon the cost of your charter.”

ASK US A YACHT CHARTER QUESTION

Photograph of Jana Sheeder sitting on a yacht

Jana Sheeder, President of 1-800 Yacht Charters and 1-800 BAREBOAT

 

Have a question about a yacht charter vacation?

Submit your question to me, and my team will help you.

If we print your question in our blog, we’ll send you a complimentary Eco-tote bag.

 

Email me at jsheeder@1800yachtcharters.com

 

Thank you, and keep those questions coming!!!

 

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Bahamas COVID Travel Guidelines For The Holidays

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FATIGUE FROM BEING HOUSEBOUND?

Looking for a change of scenery?  We get it.  “Pandemic fatigue” is starting to set in for most of us.  Indeed, the idea of escaping the “Covid blues” sounds better and better every day. Covid travel restrictions are important to know.

 

COVID-19 GUIDELINES BELOW

For many affluent travelers, a holiday luxury yacht charter is very appealing.   After all, if you have to practice social-distancing, why not set up camp on a private yacht?

 

MUCH OF CARIBBEAN HAS TOUGH RESTRICTIONS

Unfortunately, much of the Caribbean is still imposing harsh restrictions on tourism.  For example, mandatory tourist quarantines are in place in the British Virgin Islands. It is the most popular yacht charter destination in the world.   We anticipate these restrictions will still be in effect for Christmas and New Year’s Eve.

 

BAHAMAS IS OPEN FOR BUSINESS

Thankfully, there is one tropical destination open for business. That is the Bahamas.

Photograph of a family enjoying a charter on a catamaran sailboat at anchor. They are playing in the water and sunbathing on the deck. The water is clear and turquoise. There is an island in the background. The sailboat is all white. There are 6 people on the boat. The boat is facing the upper right side of the photograph

Travel restrictions in the Bahamas have relaxed significantly compared to the start of the year.  Still, there are strict guidelines for Bahamas yacht charter guests.

 

THE COVID-19 GUIDELINES FOR THE BAHAMAS

Below are guidelines in effect as of November 20, 2020, for the holiday season.

 

GET TESTED BEFORE ARRIVAL

These rules apply to every guest over 10 years old.  Each passenger on your yacht must get an RT PCR nasal swab Covid-19 test 5 days or less before arrival.  Test results from any other type of COVID-19 test are unacceptable.  Passengers under the age of 10 do not need to be tested.   All tests must be negative for entering the Bahamas.

 

SUBMIT A HEALTH VISA

Each guest must complete a travel health visa, along with submitting a negative Covid-19 test,.  The application is available online.  First, go to www.travel.gov.bs.  Second, select “International,” and create an account.  Fill out your visa information, upload your negative test results, and submit your application.  Allow up to 72 hours to receive an approval confirmation.  IMPORTANT TO NOTE, you need to print the approval document and bring it with you.  You must present the document to Bahamian officials when entering the country.

 

5 Little Known Facts About The Bahamas

 

PURCHASE COVID-19 HEALTH INSURANCE

You must opt-in for health insurance when you complete your health visa application.  Specifically, you will be covered for any Covid-19 health issues during your time in the Bahamas.  For example, the cost of a mandatory rapid antigen test (required on day 5 of your visit) will be covered.  You’ll also be covered if you require quarantine (up to $7000) or medical evacuation (up to $50,000).  Charter guests staying 4 days or less pay $40 for coverage. Visitors staying more than four days pay $60.

 

TAKE A RAPID ANTIGEN TEST ON DAY 5

You are required to take this test if you stay in the Bahamas for 5 or more days.   You must quarantine aboard your charter yacht while you await the results of the test.  Don’t worry, results are typically texted or emailed within 60 minutes. IMPORTANT NOTE, a rapid antigen test is not required if you have no plans to go ashore during your charter.

 

SUBMIT A DAILY ONLINE HEALTH SURVEY

Charter guests are required to answer an online health questionnaire each day. This survey is used to identify potential Covid-19 symptoms. Any guests who exhibit Covid-19 symptoms during their charter will be required to take a rapid antigen test. Any positive results will require a Covid-19 RT-PCR swab test.

 

FOLLOW ONSHORE SAFETY PROTOCOLS

There are rules and requirements to follow when onshore.  For example, wearing a face mask is mandatory in public places, except on the beaches.  Additionally, social distancing is expected wherever possible in public areas. Finally, be aware that some of the individual islands have evening curfews.

 

IT’S BETTER IN THE BAHAMAS, RIGHT?

It’s nice to know we can escape to the Bahamas during the holidays.  Specifically, since so many restrictions are still in place in our hometowns.  As they say, “It’s Better in the Bahamas.”  Test it out!  Everyone can enjoy a Bahamas yacht charter vacation IF we follow the guidelines listed above.

 

COMPANY PRESIDENT COMMENTS

Jana Sheeder, President of 1-800 Yacht Charters, stands on superyacht deck at yacht show

Jana Sheeder, President of 1-800 Yacht Charters

Jana Sheeder, President and Co-owner of 1-800 Yacht Charters says,

This has been an unsettling year for everyone. You owe it to yourself,  friends, and loved ones to appreciate and enjoy the holidays.  Relax and reflect upon all that we have, and do.  Take time to smell the roses and to express gratitude.  Show yourself some love and plan a well-earned vacation.  Push away the stress,k and leave the fatigue behind.  Welcome mindfulness and wellness.  Make memories and celebrate another year of togetherness.  Please stay safe, follow the rules, and take Covid-19 prevention seriously.  Regardless, please have a WONDERFUL holiday.  Love, Jana

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