Realtime Campaign on Luxury Goods with Northrop & Johnson

November 13 23:27 2019
Realtime Campaign on Luxury Goods with Northrop & Johnson

It might seem extreme to think that your company might have used for a luxury yacht.  But there will come a day in the growth of your company that expenditures need to be made to avoid the tax bill.  A luxury yacht might just be what you are looking for.

After reviewing a Forbes.com piece, “2019 Monaco Yacht Show: Top 10 Largest Superyachts”, our company began investigating the idea of purchasing a luxury yacht as a way of tax deductions.  Set in the iconic Port of Hercules in the principality of Monaco, the Monaco Yacht Show (MYS) represents the pinnacle of luxury. Each year, the MYS curates the exhibition of 125+ extraordinary one-off superyachts built by the world’s most respected shipyards. All we needed to do was check over here for all the details on beautiful superyachts that could be ours.

It’s hard to imagine sailing out on a 270-foot superyacht equipped with a cinema, gym, elevator, massage room, and two large tenders.  If global cruising is what you expect, superyachts is what you will need. But you will have to do your homework first, including:

Yacht Selection:

There are literally thousands of different types, makes and styles of superyachts and your ship is only limited to your own imagination.  Are you looking for a standard package or a custom-designed superyacht? Superyachts can be found in fully built out and furnished or in semi-complete phases ready for you to provide your own special touch.

Choosing a Broker:

Acquiring a superyacht is not like buying your next car.  You’re going to need some assistance from a reputable broker who is highly knowledgeable on both superyachts and the current market.  Some additional insights could be found from builders like Northrop & Johnson, known as a world-leading, full-service superyacht brokerage & marketing agency with offices spanning the entire globe.

Financing:

If required, several banks will finance the purchase of either a new or existing superyacht.  Terms may vary from bank to bank, although usually a portion of the loan and interest repayments can be delayed until the end of the loan term when it can be paid by refinancing or by using scale proceeds.

Payment:

Typically, 10% of the purchase price is paid upfront while the balance is usually paid once all of the required paperwork is complete and the ownership has changed hands.

Mooring & Crew Costs:

Yes.  You will pay to park and pay to play.  Prices around the world vary as to mooring price but tend to always be a major expense with superyachts.  Additionally, keeping a crew on standby, as you want a crew familiar with your vessel, can be costly.

So, are you ready for that luxury superyacht to sail across the globe?  We are still looking for ours.

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Website: Realtimecampaign.com