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buying abroad then livingabord

  • 04-02-2010 9:08pm
    #1
    Toft
    Registered Users, Registered Users 2 Posts: 50 ✭✭
    TangoTwit


    I've been lazily looking into buying a widebeam barge with a view to living on it and I'm thinking of buying a cheaper/better one outside Ireland and importing it in. Has anybody done anything like that? what was the import tax like? or here's a good question what's the best place to buy a good sized barge?

    The few people I've spoken to seem to have a different idea of what I want than I do, one seems to think I'll be filling my off hours with fishing and speaks with that in mind and another is sure I will, despite what I tell him, go off on adventures all around the canals of the world.

    What I would prefer is a comfortable house on the water that I would not be ashamed to show off, but is modestly priced, very modestly priced.
    So I was thinking of getting something with the basics a nice kitchen and bathroom with a shower hip bath and the rest I could buy as i go to save money.

    A trip to a boatyard in the Philippians could be just the thing for a holiday and a new boat!


Comments

  • #2
    Alkers
    Registered Users, Registered Users 2 Posts: 6,908 ✭✭✭Alkers


    An uncle of mine did this but only from England. IIRC he had it sent over on a ship. I'll see if I can find out any more for you.


  • #3
    Toft
    Registered Users, Registered Users 2 Posts: 50 ✭✭Toft
    TangoTwit


    Mighty That would be brill, Am I likely to get scalped on import duity or if it stick to within the EU would I be ok?
    thanks again.


  • #4
    Tabnabs
    Moderators, Recreation & Hobbies Moderators, Sports Moderators Posts: 15,790 Mod ✭✭✭✭Tabnabs


    Guide To Boat Purchase and VAT

    Second Hand Boats within the EU
    The key rule of buying a second hand boat anywhere in the EU is to ensure that is VAT compliant. There are two main categories in regard to VAT:
    1. Boats in use prior to 1985 and in EU waters on 31.12.1992. Such vessels are normally deemed to be EU VAT paid and a VAT liability will not arise as a result of a transfer of ownership within the EU.
    2. With any other vessel the vendor should be able to provide paperwork dating back to the original sale when new, proving the payment of VAT on the new vessel. Purchasers should be wary if no paperwork is available, particularly if the vessel has been owned by a company at any stage.

    New Boats within the EU

    1. New Vessels less than 7.5m in length
    These vessels will normally be VAT paid at point of purchase and no liability will arise on their importation into Ireland. If imported free of VAT than the VAT liability arises on their importation and a declaration must be made to the Revenue Commissioners
    2. New Vessels over 7.5m in length
    Such vessels must pay Irish VAT on their importation into Ireland.

    Vessels from Outside the EU
    New vessels from outside the EU must pay VAT on their importation into Ireland. They must also comply with the EU Recreational Craft Directive.

    source

    Get expert advice before going any further. Research is your friend here.


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