2016 sunseeker predator

“CARIBBEAN JEE-JAM” is a very well equipped 2016 Predator 57 that is commercially registered under the Maltese commercial code with a Malta flag. This Predator 57 is berthed at Portomaso Marina, Malta has low engine hours, one owner from new and Sunseeker Malta Crew maintained with a full service history. “CARIBBEAN JEE-JAM” is a very good charter revenue generator, not only it covers its annual running costs but it also provides the owner with a reasonable contribution. Being a commercial yacht, VAT is not paid. Prospective buyers can opt to retain the yacht commercial and EX-VAT or else opt to register it as a private yacht and pay Maltese VAT at 18%. Maltese law allows for VAT payments to be paid over the lifetime of the yacht through an operating lease structure, paying an average of just over 1% VAT per annum over the same period. This % VAT can be reduced further in case the yacht spends time outside EU waters. Non-EU individuals can also opt for Temporary Importation and therefore retaining “CARIBBEAN JEE-JAM”, Ex-VAT.