Sardinia Luxury Tax on Mediterranean Yacht Charter Vessels Abolished

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From September 28 through October 1, some of the most expensive and largest yachts for charter will come together at Port Hercules, Monaco for the 2016 installment of the Monaco Yacht Show.
Three of the largest private yacht charter vessels offered for hire by 1-800 Yacht Charters will be in attendance. Here’s a quick glimpse (please try not to drool):
Tankoa motor yacht SUERTE
Imagine any over-the-top amenity, and chances are this 227 foot superyacht has it. The penthouse master stateroom offers 180 degree views, a private study, and private deck with a hot tub (of course). Other guests who wish to soak shouldn’t feel snubbed – there’s another hot tub with a waterfall located on the aft sundeck. [Rates from €525,000 per week; Caribbean in winter and Mediterranean in summer.]
International Shipyard Ancona yacht OKTO
At nearly 218 feet, this vessel is more luxury day spa than yacht. Built for wellness yacht charters, she features a massage/beauty/therapy room (a beautician and massage therapist are part of the crew), guest elevator, indoor cinema room, and a 20ft swimming pool (salt or/ fresh water, heated or cooled, with contra flow current). [Rates from $400,0000 per week; Caribbean in winter and Mediterranean in summer.]
Lurssen motor yacht MARTHA ANN
Make sure your feet are clean when you walk across the interior carpets – they’re silk and valued at $17 million dollars. This 230 foot yacht offers 7 guest cabins, and a classical-style interior by famous designer Francois Zuretti. A large Jacuzzi “Swim Spa” on the upper aft deck double as a lap pool, with an adjacent wet bar with 11 stools – 4 of which are underwater in the spa. [Rates from €600,0000 per week; Caribbean in winter and Mediterranean in summer.]
In conclusion, we help plan The Superyacht Experience™ for you.
This entry was posted in News Special Events and tagged Okto, Suerte, yacht hire, yacht charter Mediterranean, largest yachts, yacht charter Sardinia, motoryacht charter, Cannes yacht charter, Monaco, Superyacht, monaco yacht show, martha ann, yacht charter Monaco
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COVID 19 update from 1-800 Yacht Charters. In specific, Italian tax authorities have postponed new laws designed to increase VAT on Italian yacht charter vacations. The postponement appears to be in response to the effect of Covid-19 on tourism.
Fortunately, private yacht charter vacations remain exempt from the tax increase until November. Accordingly, 1-800 Yacht Charters will continue to Deliver the Superyacht Experience™ to their clients at a lower-than-expected tax rate.
Tax increases were first announced in December 2019. The conversion of Law Decree n. 124/2019 (by Law n.157/2019) and the 2020 Italian Budget Law (Law n. 160/2019) enact new value-added tax (VAT) measures. The law set the VAT rate at 22% for Italian luxury yacht charter vacations. That law is postponed until November 1, 2020. The old rates will remain in place. VAT is set at 6.6% for yachts over 24 meters. VAT is set at 8.8% for yachts under 24 meters.
In other words, private yacht charter vessels and crews can still welcome-aboard guests in Italy at a favorable VAT rate below 10%. The Superyacht Experience™ will continue this summer. Tourism in Italy suffers from Covid-19 shortfalls. Italian authorities are hopeful favorable VAT rates will stimulate tourism. New (higher) VAT regulations will be in effect after November 1st, 2020.
Italian VAT applies to all charters embarking in Italy. Special limitations apply to yachts registered in Italy. Government fiscal agents require an appropriate amount of cruising to qualify for the reduced VAT. For example, at least one crossing from Corsica or Sardinia to mainland France or Italy qualify for the reduced rate.
Italian-flagged yachts are not subject to this limitation. Specifically, no long-distance crossing requirements exist.
In conclusion, certain Covid-19 protocols remain in place. Requirements include masks in public areas. In addition, no Covid-19 test requirement exists, although quarantine requirements may exist for some origins. For example, public transportation is operating, and restaurants are open.
Our team stays on top of all Covid-19 updated information. For instance, we provide a list of available yachts and “summer saver discounts.” Call our team at 1-800 Yacht Charters at 305-720-7245 for immediate response.
Important to note, travelers from the USA face possible travel restrictions to Italy. Don’t let this stop you. You can still enjoy The Superyacht Experience™. Stay safe, and remain closer to home this summer. We’d love to plan a yacht charter vacation for you like this one!
This entry was posted in Yacht Charter Destinations News Frequently Asked Questions Educational and tagged superyacht Ouranos, yacht charter Sardinia, Italy Yacht Charter VAT, VAT increaase postponed, long-distance crossings, Italian VAT, Covid protocols, Corsica yacht charter, What is required of Italy yacht charter vessels during Covid-19 pandemic?, yacht charter France, Covid-19 test, Italian-flagged yachts, summer saver discounts on yacht charter, yacht charter Italy, Ouranos, Italy yacht charter, Covid-17
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Planning a luxury sailing charter?, Or a week cruising on a motoryacht? Sardinia is truly a cruising paradise. Specifically, with crystal clear waters and quiet anchorages.
Last week, we introduced our readers to the enchanted island. In other words, through our blog post called Sardinia’s location off the coast of Italy.
Today, we take a look at the island, itself. We surely recommend top four things to do in Sardinia.
1. Visit BOSA. Away from the coast, much of the countryside is mountainous. It has innumerable charming villages and hotels. In addition, restaurants and incredible views. Along the coast, however, is a special small town worth a visit. It is Bosa. This 12th century town is situated on the west coast. Specifically, north of Oristano, in a valley on the Temo. It is the only navigable river in Sardinia.
The city is overlooked by the Castello Malaspina. The castle dates to 1112. To the south of the Castle, specifically on the north bank next to the bridge, is the Bosa Cathedral. This structure is from the fifteenth century. Inside is a splendid interior of marble statues. Additionally, nineteenth century frescos. The nearby Bosa Marina Beach is regularly voted the cleanest beach in Italy.
Are you arriving via a luxury mega yacht charter vessel? If so, the Bosa Marina is just 2 kilometers from the town of Bosa. The marina accommodates yachts up to 50 meters. Most of the slips are for smaller yachts. For this reason, call in advance to secure a reservation. Especially during peak summer periods.
2. Ride the TRENINO VERDE. In the summer, the Trenino Verde tourist train runs from Palau. Further, south through the mountains. It is a beautiful route. For example, it meanders its way slowly through the hills. It is a way to see the interior of Sardinia. One of the stops is the small village of Sant’Antonio di Gallura. It is a true farming village on a hillside. Finally overlooking the Diga Liscia lake. The old center of the village is charming. It groups around the piazza and church of Sant’Antonio. The town has few visitors in the summer. However, it is a typical Gallurese working village. If you prefer to be surrounded by local residents rather than other tourists, this is the place for you.
Stop by the Capichera winery. Pick up several bottles of their famous Classico white wines. These wines feature dry, rounded and mouthfilling flavors of juicy, aromatic fruit. In addition, a long, lingering finish, rich in tangy minerals.
3. See the NURAGHI. They look like man-made beehives. The Nuraghi are stone dwellings dating back to the bronze age. They only exist on Sardinia. The exact use of these structures remains unknown. Scientists speculate they were possibly used as religious temples. On the other hand, possibly as military strongholds. There are over 6000 of these stones on the island. The most famous Nuraghe is Nuraxi su Barumini. In specific, it is designated a World Heritage Site by UNESCO. Barumini is located at approximately 60 kilometers north of Cagliari. This is the capital of Sardinia.
4. Explore PARCO NAZIONALE dell’ ARCIPELAGO di MADDALENA. La Maddalena is a national park located in the north of Sardinia. On clear days, you can see the coastline of the French island of Corsica. Moreover, from the most northern island of La Maddalena, Isola Razzoli. Luxury sailing charter guests love this destination as most of the islands in this archipelago can only be reached by boat. Here, visitors glimpse unspoilt nature and stunning views. In addition, the kindness of friendly, local residents.
Travel tip – hire a local guide for a hiking excursion. A handful of residents trained and licensed are environmental hiking guides leading hiking tours of the islands. Scuba is another popular adventure in the archipelago and several dive operators have shops on La Maddalena including Area 11 Diver and Scuba Point.
Dazzling beaches, clear water, ancient fortress cities, and modern port towns make Sardinia a “must” stopover for any Western Mediterranean yachting vacation.
Help us round out our list from a “Top four” to a “Top five” review. In specific, of the best Sardinia has to offer. Tell us your favorite thing to do there! Contact the 1-800 YACHT CHARTERS destination team with your travel tips for sightseeing in Sardinia.
This entry was posted in Educational Yacht Charter Destinations and tagged Bosa Marina, Eastern Mediterranean yacht charter, yacht charter Italy, Sardinia, yacht charter Sardinia, Parco Nazionale dell' Arcipelago de Maddalena, Nuraghi, stone dwellings in Sardinia, Cagliari, Trenino Verde tourist train, Capichera winery
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