Those seeking to purchase a yacht or superyacht may often need to borrow the funds in order to buy it. But there are a number of other financially sound reasons to pursue this route, even if you have already amassed enough wealth to buy the asset in the first place. These include both practical and legal aruments ranging from running-cost benefits to tax advantages. In this keynote article, Jonathan Hadley-Piggin provides a definitive guide to yacht finance. Click here to access the guide.
This is a brief summary around the processes involved with yacht finance. Exact necessary procedures will depend on where the yacht is located. It is always worth seeking the advice of an experienced marine lawyer in order to navigate the complexities of a yacht purchase. Get in touch with Jonathan on 020 3319 3700 or your usual Keystone contact.
This article is for general information purposes only and does not constitute legal or professional advice. It should not be used as a substitute for legal advice relating to your particular circumstances. Please note that the law may have changed since the date of this article.