As of 2nd of April 2019 all yachts over 7m LOA are required to pay the monthly Greek cruising tax fee. The fee is payable in Port Police offices if your yacht is registered in a member country of the EU or at a customs office if your yacht travels with a transit log.
In this article, we highlight some of the general legal and tax considerations that need to be considered by anyone buying a yacht that will be sailed/used fully or partially in the Med.
The guide is intended for people looking to buy or sell a yacht through a yacht broker. It can also serve as a general guide for people not looking to involve brokers in the buying/selling process, although we advise against it.