EU VAT Options When Buying a Yacht in Greece
When purchasing a yacht in Greece, Value Added Tax (VAT) implications depend on the Buyer's residency status and intended use of the vessel.
Below are the three main VAT scenarios you should consider:
Option I: EU Private Buyers (No Commercial Activity)
If the yacht is acquired by an EU individual or legal entity that is not engaged in commercial activity, then:
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VAT is applicable and calculated on the agreed purchase price of the yacht.
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The Buyer is responsible for paying the applicable VAT in Greece at the time of sale.
Option II: EU Buyers with Commercial Activity (Intra-Community Acquisition)
If the Buyer is an EU-based individual or company, registered for VAT in their own country and conducting commercial activity:
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The transaction qualifies as an intra-community supply.
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No VAT is paid in Greece.
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The EU VAT obligation is transferred to the Buyer, who must declare and handle VAT within their own EU country.
🛥️ This option is often used by professional charter companies.
Option III: Non-EU Buyers (Export Transaction)
If the Buyer is a non-EU resident or legal entity (e.g., from the USA, UK, Switzerland, UAE, Russia, Japan, etc.):
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The transaction is treated as an export outside the EU.
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No VAT is due on the purchase in Greece.
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Only a small export declaration fee is payable by the Buyer to complete the process.
✅ This makes Greece a very attractive option for international buyers seeking VAT-free yacht acquisitions.
⚠️ Important Notes:
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The exact documentation and procedure may vary depending on the buyer’s status and nationality.
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Alvea Yachts will coordinate with experienced tax advisors and lawyers to ensure all VAT-related obligations are met correctly and efficiently.
🔎 Need Assistance?
We’re here to guide you through the process and help you understand your VAT exposure based on your profile.
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📞 Call us: +30 6972 505000 | +30 210 6710110
