Buying a Yacht Abroad: Implications & Best Practices By Derek Mader, CEO - Executive Yacht Online Seminar Hosted by 2021 Virtual Toronto International Boat Show Saturday 23 January 12:00 pm - 1:00 pm
Buying a Yacht Abroad: Implications & Best Practices
By Derek Mader, CEO – Executive Yacht
Online Seminar Hosted by 2021 Virtual Toronto International Boat Show
Saturday 23 January 12:00 pm – 1:00 pm EST
Registrations at www.torontoboatshow.com
As the demand for new and ever-larger yachts increases in Canada, so do the chances that the vessel of your dreams is located abroad. Acquiring a yacht from Europe or the USA is becoming the new norm for many Canadian boaters, as more and more yacht brokerage firms and dealers have outposts all around the globe, making the world’s listings available to all.
Although international yacht acquisitions may seem more complicated, they also come with significant advantages to the well-informed buyer. In this session, find everything you should know when buying a yacht or a boat from outside Canada, not only to make your purchase worry-free but also to reap the benefits associated with an international purchase.
Get to know what to do and not to do, when it comes to the key aspects of an international transaction including:
- Tax & Fiscal Regulations
- Duty & Customs
- International Yacht Delivery
- Vessel Inspection & Sea Trials Abroad
- Flagging a Foreign Yacht
- Limiting Your Exposure
- Mitigating Financial Risk
About Derek Mader:
Derek Mader is a seasoned yacht broker with over 30 years of experience in the global luxury yachting industry. As a young teenager, Derek’s passion for boating drove him to build his first boat. Since then, he has built a strong reputation in the industry and solid connections with shipyards worldwide.
In 2014 Derek co-founded Executive Yacht and has ever since been the CEO of the company. Under his direction, Executive Yacht has become Canada’s leading luxury yacht brokerage, offering Canadian and International clients a personalized, first-class service while protecting their best interests. With deep-seated family values and international business acumen, Executive Yacht serves as a gateway to luxury yachting for Canadians and a gateway to Canada for the rest of the world.
(Saturday) 12:00 am - 1:00 pm ESR