Italian, Greek taxes send yachts to Turkey, Croatia, Montenegro

12 February, 2012

Yachts heading for the Med would be well to research the country they intend to spend most of their time or berth for the winter.

Italy's recent tax on yacht berthing is likely to have the same effect as the 2009 tax on yachts in Greece active since 2009. It has compelled about 4,000 Greek yacht owners to pull their yachts from circulation, not including foreign yachts which instead chose Turkey Montenegro or Croatia.

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