Date: 1st June at 8:26 am
By: stephen.laurel

Hello Everyone

What a very informative site you have set up. Very helpful for all cruisers. Well done!

I hope you can help me with a few questions. I am considering the purchase of a UK owned yacht that is currently berthed in Lagos. I live in Australia and on agreement of a purchase price will transfer funds from Australia to UK for the purchase. As the boat is currently in Lagos and will remain registered on the UK Ships Registry until transferred to the Australian ships registry, I have three questions that I hope you can help me with:

  1. Is there any Portugese IVA (VAT) or other EU government charges that apply to this purchase that is occurring outside of Portugal/EU?
  2. What, if any, is the Portugese/EU governments involved in the change of boat flag from UK register to Australian register if the boat is located in Portugal?
  3. What if any issues are there leaving Portugal to travel in the boat to EU or other ports if the flag remains as UK Registered vessel until registration change has occurred?

If you are not able to help me to answer these questions can you please advise who I should contact to get help.

Thank you in advance

Regards

Stephen Kamarudin

Perth, Western Australia

Ph: +61430599181