NEW REGULATION OF YACHT


Foreign flagged yachts in possession of a Greek commercial licence are able to start and end charters within Greece freely without restriction. 

Yachts without a commercial licence intending to charter in Greece can continue to do so subject to the start and end of the charter taking place outside of Greece. We have fool proof steps in place for clients considering such options to ensure the entry and departure into Greece is effected smoothly from Saranta, Albania and Bodrum and Izmir in Turkey. 

While it is frustrating to have to commence and end the charter outside of Greece it’s not all bad news as charterers will : 

- have unconditional access to competitively priced duty-free fuel in Turkey and Albania.
  Duty-free fuel also available once commercial yacht is in Greece.

- will not pay VAT on charter fees for time spent in Greece.