Yachting Thrives Between Saudi Arabia and Greece
Why Yachting thrives between Saudis and Greeks: The longstanding friendship and trust between the Kingdom of Saudi Arabia and Greece create a fertile ground for yachting investments. Greece, an EU member in a secure and safe environment, consistently attracts affluent international travelers. With new marinas and
ongoing coastal developments such as the “Ellinikon”, luxury resorts, Greece’s yachting sector is booming and growing by 7% despite various global challenges.
Owners of professional yachts registered under the Greek Registry of Shipping (Greek flag – Greek based company) benefit from a TAX-FREE income (Law 27/1975). This unique financial advantage, combined with Greece’s renowned infrastructure, makes it an 𝐚𝐭𝐭𝐫𝐚𝐜𝐭𝐢𝐯𝐞 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐨𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐟𝐨𝐫 𝐲𝐚𝐜𝐡𝐭 𝐨𝐰𝐧𝐞𝐫𝐬 𝐬𝐞𝐞𝐤𝐢𝐧𝐠 𝐭𝐨 𝐦𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐫𝐞𝐭𝐮𝐫𝐧𝐬. By choosing to 𝐫𝐞𝐠𝐢𝐬𝐭𝐞𝐫 𝐲𝐨𝐮𝐫 𝐲𝐚𝐜𝐡𝐭 𝐢𝐧 𝐆𝐫𝐞𝐞𝐜𝐞, benefit from a favorable tax regime and position yourself within one of the world’s most prestigious yachting destinations, enhancing profitability and prestige of your asset. Take advantage of this exceptional opportunity to grow your investment in a thriving, tax-efficient market!
Meanwhile, Northern Saudi Arabia, with the ready for operations 𝐒𝐢𝐧𝐝𝐚𝐥𝐚𝐡 𝐈𝐬𝐥𝐚𝐧𝐝 ready to operate this season, and just a breath away from Piraeus via Sharm El Sheikh, i.e. 3 days, is emerging as a new yachting frontier. With visionary projects like the 𝐀𝐦𝐚𝐚𝐥𝐚 𝐑𝐞𝐬𝐨𝐫𝐭, 𝐍𝐄𝐎𝐌, 𝐚𝐧𝐝 𝐒𝐢𝐧𝐝𝐚𝐥𝐚𝐡 𝐈𝐬𝐥𝐚𝐧𝐝, Saudi Arabia is crafting its own yachting rules and infrastructure, offering unmatched investment potential.
Superyachts can operate across both regions, winter and summer, taking advantage of 𝐲𝐞𝐚𝐫-𝐫𝐨𝐮𝐧𝐝 𝐜𝐡𝐚𝐫𝐭𝐞𝐫𝐬, especially with the long season from April to October in Greece. Both nations offer the potential for establishing bespoke fleets boosting the operational regions, supported by expert crews trained to safeguard the marine environment from human pollution, champion sustainable yachting, and shape the future of the most luxurious form of tourism.
Our experienced brokers are here to help you unlock lifestyle investment opportunities. Yachting is more than a passion; it’s a lifestyle offering quality time with family & friends, and a highly rewarding and profitable venture.
It’s time to buy your Superyacht. Contact our Superyacht Specialists: 𝐭𝐞𝐚𝐦@𝐜𝐛𝐬𝐲𝐚𝐜𝐡𝐭𝐬.𝐜𝐨𝐦 https://lnkd.in/duivjkQE