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Caribbean Compass Yachting Magazine January 2017

Welcome to Caribbean Compass, the most widely-read boating publication in the Caribbean! THE MOST NEWS YOU CAN USE - feature articles on cruising destinations, regattas, environment, events...

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Info & Updates<br />

Martinique Eases Duty-Free Rules for Yachts<br />

Douglas Rapier reports: Following major efforts by the Martinique <strong>Yachting</strong><br />

Association (MYA) to get the French islands in line with the rest of the <strong>Caribbean</strong><br />

regarding full duty-free and VAT-free practices for visiting yachts, the government<br />

BEN FARNHAM<br />

• The Customs charge due on all materials imported from a non-European<br />

Community country (USA, Canada, Latin America, etcetera); its rate varies from four<br />

to 12 percent.<br />

• VAT at the time of sale; it is 8.5 percent on materials, labour and services.<br />

Definition of a visiting pleasure yacht: ANY yacht that is within the 18-month visitation<br />

window allowed between its clearance in and its clearance out.<br />

All yachts flagged in European, North and South American, or any other countries<br />

are eligible for these procedures.<br />

Exception: Yachts flagged in Martinique and Guadeloupe are NOT eligible for<br />

these procedures.<br />

The duty/VAT savings of the above can be achieved through a company offering<br />

a one-stop Customs portal for visiting yachts:<br />

• To import bona fide ship’s stores duty-free and VAT-free (via “PST” procedure).<br />

• To have all repairs and maintenance done VAT-free on parts and VAT-free on all<br />

professional labour (via “PA” procedure).<br />

Douglas Yacht Services (DYS), located in Le Marin, has arranged with Customs to<br />

be a one-stop Customs portal in order to provide these services to visiting yachts.<br />

DYS has put in place a transit bonded warehouse to facilitate handling of any specific<br />

demands, such as shipments arriving in advance of the yacht’s arrival. DYS has<br />

engaged a Customs bond in order to be able to offer these services.<br />

With these procedures, Martinique is now well positioned to offer its high level of<br />

technical competence to the international yachting community. With the recent<br />

investment in a high-class haulout facility with two new travel lifts of 80 and 440 tons<br />

(up to 50 metres LOA), the yachting base in Le Marin is now in a strong competitive<br />

position. Indeed there are over 1,500 yachts based here in the bay of Le Marin all<br />

year round. This facility is backed up by the existing float-in/float-out dry-dock in Fort<br />

de France with a capacity of up to 170 metres LOA.<br />

Contact Douglas @yachtservices.fr for more information.<br />

JANUARY <strong>2017</strong> CARIBBEAN COMPASS PAGE 4<br />

has agreed as a first step to a simplification of existing duty-free and VAT-free rules<br />

for repair and maintenance for visiting yachts.<br />

For all visiting pleasure yachts, the duties and taxes that these procedures can<br />

avoid are:<br />

• The duty called “octroi de mer” on all materials; its rate is typically about ten percent.<br />

Venezuela Clearance Updates<br />

Venezuela gives visiting yachts an 18-month cruising permit on entry, but this must<br />

be renewed every three months. To check in you will need the following: boat documentation<br />

or registration, clearance from last port of call, passports for all crewmembers.<br />

Note that US passport holders will need a visa before entry to the country.<br />

This is strictly enforced.<br />

At the current time the Port Captain requires a fee of US$17.70 paid by wire transfer<br />

to a bank in Uruguay. In Puerto La Cruz, this can be handled by Keigla Boat Services<br />

at Marina Bahia Redonda (Keigla speaks Spanish, English and French); the current<br />

cost there including bank transfer fee is US$69.70 ($17.70 for the Port Captain and<br />

$52 bank transfer fee).<br />

The total cost for check-in as of November 2016 — including taxes, agent’s fees,<br />

and Immigration — is US$80, plus a separate $17.70 to the bank in Uruguay for the<br />

Port Captain’s fee (if Keigla Boat Services does the transfer for you it is $69.70 total<br />

for the Port Captain’s fee and bank transfer).<br />

If you decide to do the clearance yourself, the captain and crewmembers must go<br />

to the Immigration and Customs office. The nearest office to Puerto La Cruz is located<br />

in the city of Guanta, about a 20-minute drive. You will have to go to a bank and<br />

make a deposit, and you will have to buy the relevant tax stamps. After you have<br />

cleared Customs and Immigration, you need to visit the Port Captain’s office.<br />

—Continued on next page<br />

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*<br />

British Virgin Islands<br />

Doyle Sailmakers BVI, Ltd<br />

Road Reef Marina<br />

Road Town, Tortola<br />

Tel: (284) 494 2569<br />

bob@doylecaribbean.com<br />

Barbados<br />

Doyle Offshore Sails, Ltd<br />

Six Crossroads<br />

St Philip<br />

Tel: (246) 423 4600<br />

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www.DOYLECARIBBEAN.com<br />

Antigua & Barbuda<br />

Star Marine<br />

Jolly Harbour<br />

Bonaire<br />

IBS b/v<br />

Kaya Atom Z<br />

Jamaica<br />

PJG<br />

Kingston<br />

Martinique<br />

Voilerie Du Marin<br />

30 Bld Allegre<br />

St. Vincent<br />

Barefoot Yacht Charters<br />

Blue Lagoon<br />

Trinidad & Tobago<br />

AMD<br />

Chaguaramas<br />

Curacao<br />

Zeilmakerij Harms<br />

Kapiteinsweg #4<br />

Dominica<br />

Dominica Marine Center<br />

Roseau<br />

Grenada<br />

Turbulence Sails<br />

True Blue St George<br />

Panama<br />

Regency Marine<br />

Panama City<br />

Puerto Rico<br />

Atlantic Canvas & Sail<br />

Fajardo, Puerto Rico<br />

St Lucia<br />

Rodney Bay Sails<br />

Rodney Bay<br />

* Dacron and HydraNet only<br />

USVI St Croix<br />

Wilsons' Cruzan Canvas<br />

Christiansted

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