U.S. VIRGIN ISLANDS — After months of discussions and negotiations between the U.S. Virgin Islands and British Virgin Islands governments, Governor Albert Bryan Jr. is announcing that BVI Premier Natalio Wheatley and Deputy Premier Kye Rymer have agreed to a reciprocal regulatory program regarding Charter Boating in USVI and BVI waters.
Now is the time of year to plan your summer holiday. The Euro is at an all-time low. Being on the water anywhere is cooler. Yacht selection is at its best. We are currently experiencing another hot summer, and cooling off on ocean breezes is one of the best ways to enjoy a break from the heat.
According to MoneyCorp, my business global specialist in currency exchange and international payments, this news is great for locking in your European yacht vacation. EUR is 10% weaker YTD, down almost 5% over the past month, and 1.4% lower today. The weaker EUR has been driven by lagging ECB interest rate hikes, downside growth risks […]
Greek Yachting Association on TAX LAW & VAT NEWS Sometimes the phrase “It’s all Greek to me” applies to the confusing VAT on charter yachts. Being informed is the key, and here is the clarification wording straight from the Greek Yachting Association. “ Until the 31st of December 2022, the VAT rate on yachts that […]
COVID-19 BVI Travel Requirements UPDATED – 24th June 2022 Traveling to the BVI just got a bit easier. This information is directly from the British Virgin Islands government website. Effective 15th June 2022, travelers, regardless of their vaccination status are no longer required to register and apply to enter the Territory via the BVI Gateway […]