BVI drops import duties on yachts

BVI yacht tax exemption: No Import duties on Yachts

BVI Strengthens Its Position as the Ultimate Yachting Playground BVI yacht tax exemption – The British Virgin Islands have taken another bold step to secure their place at the heart of the global yachting scene. The government’s latest reform exempts BVI-registered vessels from import duties, modernising the territory’s maritime framework and creating a more attractive…