This focus features two hot topics in the industry: the distribution of yachts among the worlds registries and why particular flags are chosen over others; and what yachts can expect in terms of tax and VAT when cruising certain areas.
The flag report relies on data from our Superyacht Intelligence team and evaluates the distribution of the superyacht fleet among flag states, alongside the key requirements for registration.
For the global tax report (an update on a report on European tax matters from issue 138) TSR approached the industry’s leading fiscal professionals in order to give a succinct overview of the obstacles and options available to superyachts. And alongside this is a more in-depth look at how Croatia, which joined the EU in July, will deal with the impact to its nautical tourism sector as businesses and the government look to capitalise on superyacht traffic through the region.
Alongside this, we investigate Mexico as a serious superyachting destination and investigate what is already available in the region, and speak to two industry leaders: Ed Sacks, head of US operations for Italian builder ISA, and Chris Van Hooren, technical director for SYBAss, about their outlook for the industry.
As with every issue, 148 features a selection of columns from our in-house team and external contributors. Will Mathieson, our news editor, questions the industry’s love affair with the phrase ‘emerging market’ as the savior of the industry, whilst Angela Audretsch, our charter and travel editor, reviews the Malta Superyacht Industry Seminar, which is aiming to increase the industry’s awareness of Malta’s capabilities of being able to service and support superyachts that visit the country and how it can promote these strengths so it can be considered alongside other destinations.
Visit the newly launched TheSuperyachtReport.com to read our editor’s comments and explore extras that support the features in the magazine.
You can also download the latest issue on to your iPad. Subscribers will have the opportunity to download digital editions and back issues to their tablets (having logged into your account follow this link http://www.thesuperyachtreport.com/library.html and click 'DOWNLOAD PDF', then choose the option to open the file in iBooks).