Delivering Your Superyacht Experience Since 1976
local and international
+1.305.253.7245
toll-free north america
+1.800.922.4824
 

St Lucia Works to Bolster Yacht Charter Market

Aerial photograph of St. Lucia. Pitons mountains appear in the background.

St. Lucia, Caribbean

ST. LUCIA GOVERNMENT POLICIES

St. Lucia makes a move to bolster and support cruising in its waters.  The government announced new, revised policies regarding yachting. 

 

GROWTH AND DEVELOPMENT

Policies are announced by the St Lucia Ministry of Tourism and Civil Aviation.  They create rules to stimulate growth in St. Lucia’s yachting sector.  New rules facilitate clearing in and out of the country. They also ease taxation and include many other benefits.

 

CHANGES

There are five changes.  For instance,

  1. 100% waiver on income tax from operations for the first 5 years for local charter companies with a minimum of 1 captain and 3 crew members and a fleet of 3 or more power or sailing vessels
  2. Approval has been given for the formation of a Yachting Committee, that falls under the purview of the Ministry of Tourism and Civil Aviation and will incorporate all relevant institutions that function to regulate the yachting sector in St. Lucia

Additional Changes

Third,  100% waiver of import duty and consumption tax on boat safety equipment and watercraft activity equipment, which includes sport fishing, SCUBA diving, kite surfing and other water sports, subject to verification of the Bill of Quantities by the Ministry of Tourism and Civil Aviation for 5 years from date of cabinet conclusion
Photograph of a man kitesurfing. He is airborne. His kike is fully-inflated. He is over the water, and his shadow is below him. The sun is shining overhead, and there is a mountain in the distance.

Kitesurfing in St. Lucia on yacht charter

FINAL CHANGES

Fourth,  100% waiver of import duty and consumption tax on all equipment and materials imported or purchased locally for use in the establishment of infrastructure to service yachts over period of 5 years, subject to verification and approval of the Bill of Quantities by the Ministry of Tourism and Civil Aviation

Finally, the Government of Saint Lucia has waived the visa requirements for Russian and Australian nationals so that Russian and Australian nationals no longer require visas to enter Saint Lucia.

 

JANA SHEEDER, COMPANY PRESIDENT, COMMENTS

Jana Sheeder, President of SailAway Yacht Charters and 1-800 Yacht Charters applauds the new regulations.  Says Sheeder,

“These changes will benefit everyone in the yachting industry, from owners and their crews, to charter guests and yacht service businesses.  Most importantly,  bolstering the yacht industry will have a positive economic impact on the residents of St. Lucia.”

Sheeder is especially excited at the prospect of easing visa restrictions for Russian travelers. 

Caribbean yacht charter vacations are extremely popular with Russian customers,” says Sheeder.  “Any steps we can take to facilitate their ability to travel freely will encourage more Russians to visit the islands by boat.”

 

BOOK YOUR OWN PRIVATE YACHT CHARTER

In conclusion, contact the SailAway and 1-800 Yacht Charters destination specialists at https://www.1800yachtcharters.com/book-now-contact-us/ to plan a winter yachting holiday.

This entry was posted in Yacht Charter Destinations and tagged , , , , , , , , , , , , ,

Posted on

About admin



Leave a Reply

Your email address will not be published. Required fields are marked *