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CHARTER A YACHT

How to Charter a Yacht

Your 10 Step Guide to Chartering a Yacht

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5 TIPS ON CHARTERING A YACHT

Charter a yacht and enjoy life’s greatest vacation experience; however, it’s important to keep in mind that it’s not as simple as selecting a great destination to ensure an epic yacht charter vacation experience – instead, it’s the caliber of yacht specialists who curate your experience, plan your itinerary, and guide you.

The best guidance comes from experts who have been to all the yacht charter destinations, have worked on superyachts for charter, and know the yachts. With over three decades of global superyacht experience, and guiding clients, we’ve come to know the biggest decision you’ll make on your yacht vacation is selecting the right experts to guide you.

Consulting with highly qualified yacht charter experts who know the yacht rental market, the crew, and every yacht for charter is where it all begins.

Simply put, regardless of yacht size, Luxury International Megayacht Experts (LIME) makes your search for a charter yacht and your yachting experience, no matter the requirements, simple and stress-free. Period. (read guide below)

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LIVE THE LIME LIFE

When it comes to yacht charters, clients consistently turn to LIME superyacht charter specialists for unparalleled expertise and service. For yachts of all sizes around the globe, time and time again, clients rely upon their yacht charter expertise when they book their yachting vacation.

When it comes to the worldwide yacht charter fleet, we also have relationships with captains and crews who have worked on charter yachts for decades.

With yachts available from 80′ (24.3m) to 400′ (122m)+, we work with yacht charterers worldwide, before, during, and at the end of their yacht vacation.

We are regarded by industry experts and clients alike, as some of the most knowledgeable yacht sales and charter brokers in the yachting business. (view our Yacht Charter Guide below)

Simply put, we will provide the absolute best yacht intelligence available and rock-solid expertise to make your yacht-charter experience a fun, seamless, and stress-free process.

Because of our experience and unique skillset, we’re unlike any other yacht charter brokerage. We have been to every cruising region around the world many times aboard superyachts, have orchestrated countless yachting vacations, and know the best, and the worst, yachts and builders.

We have also managed, specified, built, operated, designed, brokered, and marketed some of the most recognized luxury yachts on the water.

We happily share our 30 years of real-world knowledge about yachts, along with the destinations they cruise,  and remain at your side as a valuable resource throughout all phases of your yacht charter, and beyond.

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Questions & Answers

Expert Answers to Your Yacht Charter Questions

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STEP BY STEP CHECKLIST

Below are the top 10 questions and answers asked by individuals looking to charter a luxury yacht. To access our comprehensive, step-by-step guide to yacht rentals and charter, don’t hesitate to download our exclusive “Charter a Yacht Guide and Checklist”.

To further enhance your understanding of the yacht chartering process, keep scrolling down for additional valuable tips, essential steps, and exclusive insider knowledge that will guide you in renting the perfect yacht.

For additional expert insights, comprehensive answers to the top 20 questions about yacht vacations, and much more, request a consultation with a luxury charter expert at LIME.

We are a full-service luxury superyacht charter brokerage that provides tailored guidance, backed by decades of experience. We have, and continue to guide clients worldwide, with headquarters and yacht brokers located in Fort Lauderdale, Florida.

INSIDE THE YACHT CHARTER GUIDE

Expert Insights: Knowledge and expertise provided by seasoned experts.

More Answers: Comprehensive responses to the top 20 questions about chartering a yacht.

Proven Process: A proven step-by-step guide and checklist that gets you to the best yacht.

Insider Knowledge: Gain access to exclusive insider tips to make informed decisions.

Personalized Assistance: Discover how only a tailored experience will ensure an epic vacation.

Resources: At no expense, how to easily access the best resources and the top vetted yachts.

Yacht Charter Guide & Checklist

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TOP 10 QUESTIONS ABOUT CHARTERING A YACHT

How much does it cost to charter a yacht?

According to 2021 data maintained by luxury yacht charter specialists at LIME, the cost to charter a 167′ (50m) Motoryacht for one week, plus expenses and gratuity, is $160,000. This varies by yacht and region. An additional amount of 30% ($48,000) for APA (advanced provisioning allowance) to prepare the yacht for charter and guests is common and includes provisions, flowers, fuel, dockage, etc can be added to the base rate. Gratuity is optional, but also standard practice.

What does it mean to charter a yacht?

A yacht charter or renting a yacht is the practice of renting or chartering, a sailboat or motoryacht, and traveling to various coastal or island destinations. There are term charters, usually 5-7+ days, and day charters, where you enjoy the yacht for a day, only. This is usually a vacation activity, but it also can be a business event.

What is a yacht charter broker?

A yacht charter broker is a specialist who orchestrates and coordinates yacht charters. They have special access to contracts, tools that are not available to the public, knowledge of the global yacht charter fleet, and relationships with professionals in the industry. In the case of yacht charter brokers at LIME, they also have experience as a superyacht charter crew who have cruised every charter destination worldwide.

What is APA and what does it cover?

Advance Provisioning Allowance (APA) is an advance payment required to be made by the charterer, generally, 30 days before the charter starts. The APA is used to cover estimated costs of provisions, yacht preparation, requested supplies, dockage, port dues, fuel, and other fees, etc. The standard amount of the APA is 30-35% of the weekly charter rate and is dependent on the level of service, the yacht’s itinerary, and requests made by the charterer.

How will I know I’m getting the best price?

The best way to get the best price on a yacht charter is to work with an experienced and professional yacht charter broker. They will know the best yacht charter opportunities and the best prices for every yacht in the region. Also, when comparing yachts side by side, the reputation of the yacht far exceeds any other parameter when preparing to charter or rent a yacht.

What is a crewed superyacht charter?

A crewed superyacht charter is when there are trained professionals onboard the yacht you charter. The crew consists of a Captain, Deck Crew, Interior Crew, a Chef, Engineer, and depending on the size of the yacht, others. They prepare and operate the yacht and tenders, they also serve the guests, keep them safe, and well-fed. A crewed superyacht charter is the best of the best in luxury five-star yacht vacations.

How much is a Below Deck yacht charter?

As of 2021, the cost to charter the yacht on Below Deck is $150,000 per week, plus expenses that include fuel, dockage fees, and taxes, as well as gratuity. Yacht Charter Broker Todd Weider is the yacht specialist responsible for orchestrating the yacht charter and logistics to get Below Deck started. No easy feat! The charter contract for the very first season of Below Deck was more than one million dollars.

What are the best charter yachts?

According to data from 2021, the best charter yachts in the world are AMARYLLIS, LANA, SOLANDGE, PHOENIX 2, NIRVANA, ROMEA, EMINENCE, ALFA NERO, AXIOMA, CLOUDBREAK, BOLD, and more. While these yachts rank among the best, there are 1000’s of yachts in the global yacht charter fleet to choose from.

What is included in a yacht charter?

There are two types of megayacht charter. Bareboat and Crewed Yacht Charter. A Bareboat charter includes just the boat. Crew, food, fuel, dockage, and all expenses and operations are provided by the charterer. A crewed superyacht charter includes the yacht and crew, along with all toys, tenders, and amenities currently onboard. All other expenses to operate the yacht, and entertain the guests are above and beyond the weekly charter rate.

How much to charter a yacht in the Bahamas?

A Bahamas yacht charter for a 66ft – 99ft (20m – 30m) yacht ranges from $40,000 – $70,000. A Bahamas superyacht charter for a 100ft – 134ft (31m – 40m) yacht ranges from $70,000 – $100,000. A Bahamas yacht charter for a 135ft – 164ft (41m – 50m) yacht ranges from $100,000 – $200,000. A Bahamas megayacht charter for a 165ft – 199ft+ (51m – 60m+) luxury yacht is $200,000 and up.

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Request our list of the top 10 best-rated yachts available for charter around the world, curated by some of the most experienced yacht charter experts in the industry – all specifically to align with your needs.
Top 10 Yachts (Destinations Page)
Request the ultimate yacht charter itinerary specifically crafted, and planned, for you and your guests.
Custom Itinerary (Destinations Page)

Request a tantalizing sample charter vacation menu of fine cuisine that will take your taste buds on an unforgettable journey.

Sample Menu (Destinations Page)

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Charter a Yacht Guide

Important Pre-Charter Considerations

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WHAT SHOULD I KNOW BEFORE RENTING A YACHT?

Many factors need to be taken into account before you charter a luxury yacht. For somebody not familiar with the process, it’s very easy to end up booking a yacht that does not meet their lifestyle or needs.

At the core of renting the right yacht, long before considering the yacht’s amenities and menu selection, a list of criteria needs to be considered and decided upon. (see 10 Steps to Charter a Luxury Yacht below)

When the time to charter a megayacht arrives, yacht experts at LIME have real-world expertise as superyacht crew. They have visited and cruised all major cruising grounds worldwide.

With their one-of-a-kind experience, they guide you every step of the way, explaining your options, and making it easier and more cost-efficient to decide upon.

12 THINGS TO CONSIDER BEFORE YOU RENT A YACHT

Types of Charter Yachts: Sailing or Motoryacht?

Location: Where do you want to go, and when is the best time to visit?

Type of Design: Full-displacement or semi-displacement?

Performance: Slow full-displacement, high-speed performance or something in between, like a semi-planing hull?
Yacht Size: If you desire to visit a certain port, it may have size restrictions. Someone with real-world experience, like LIME will have this unique knowledge.
Crewed Yacht Charter: Do you want to DIY while on your vacation, or would you like 5-star service from qualified professionals?
Guest Requirements: Number of guests, ages and health restrictions?
Crew: Will the yacht accommodate a suitable number of crew members to maintain the yacht while matching your service expectations?

Tenders & Toys: What tenders and toys would you like? How about a limo tender or a helicopter?

Service Requirements: Does service matter to you? The ratio of crew to guests will usually determine the quality of service.
Deck Space: How much do you like to be in the sun, or entertain outside?

For insider yacht-charter information on yachts of all sizes and market knowledge, simply schedule your 10-minute introductory yacht-chartering consultation with a yacht charter expert.

For an instant reply, go ahead and send a message (or call) 24/7 at +1-954-507-2030 to a Luxury International Megayacht Expert (LIME).

What is a crewed yacht charter?

A crewed yacht rental or charter has a professionally trained crew, who work and also often live on a specific yacht. They have been specially trained to not only maintain and operate the yacht but to also provide 5-star service to guests.

These crews have expertise in the area where the yacht cruises, including local knowledge, such as the best restaurants, hidden coves, dive spots, and more. They also have expertise in dealing with customs and immigration, along with local rules and regulations.

Crews range from successful couples who offer their yachts for charter to large professionally trained crews on luxury superyachts owned by wealthy individuals who offer their superyachts for charter to subsidize operational costs.

Each crew member has a specific task, ranging from engineering to providing silver service, to navigating, even hairdressing and massages.

It’s for these reasons most people looking to rent a yacht prefer to book a crewed yacht.

Types of Yacht Charter

Crewed vs Bareboat Comparison

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CREWED CHARTER VS BAREBOAT CHARTER

 

Crewed Charter Bareboat Charter
Service Professionally trained and qualified yacht crew offering 5-star service and expertise in the operation, management, and care of the yacht. Only you, the charterer, and your guests will provide service, operation, management, and care of the yacht. This is a DIY approach.
Local Knowledge Expertise in the area where the yacht cruises, including local knowledge, as well as knowing the best restaurants, hidden coves, dive spots, and more. Consultation of guide books as well as asking locals and other yacht operators where to go. A learn-as-you go approach.
Customs & Immigration Expertise in dealing with customs and immigration, along with local rules and regulations. This includes knowing what forms to utilize, as well as clearing in and out. Can be difficult for persons not knowing how to go about clearing in or out of customs, what forms to use, and where to go to clear. This also requires long wait times that can cut into the enjoyment of your vacation.
Provisions Your yacht will be ready to go, including menu planning and food preparation that caters to the likes and dislikes of each guest. Upon arrival, you’ll be required to shop in local markets and make your preparations.
Toys & Tenders Professionally trained crew launch tenders and set up toys for use. The crew also operate tenders, as well as provides instruction to guests. Only the guests on board will launch, operate, and care for tenders and toys.
Cooking A professionally trained chef and often a sous chef prepares 5-star meals, as well as provision the yacht for your charter vacation. Only the bareboat charterer will prepare meals and clean up.
Navigation & Safety A licensed captain and professional yacht crew navigates the yacht from port to port, as well as in and out of anchorages. They are also responsible for the safety of the yacht, guests, and crew aboard. The bareboat charterer is responsible for all navigation and safety of guests aboard.

10 Steps to Charter a Yacht and Costs

Professional Insider Expertise

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CONTENTS – 10 STEPS TO RENT A YACHT

For more information, scroll to the step below.

Step 1. Decide Who Will be Joining You
Step 2. Pick Your Dates or Time of Year
Step 3. Determine a Price Range
Step 4. Pick Your Destination
Step 5. Search and Selection
Step 6. Base rates, taxes, APA, and Fees
Step 7. Contract Preparations
Step 8. Contract Acceptance
Step 9. Planning and Final Deposits
Step 10. Arrival and Departure

*Consult a qualified yacht expert for the best outcome.

HOW TO CHARTER A YACHT IN 10 STEPS

1. Decide Who Will be Joining You
When you decide to charter a luxury yacht, knowing who or which type of guests will be joining you is job one. Knowing your guest list allows the yacht charter broker to identify the best charter yachts that suit the needs of your guests.

This may mean a yacht with all queen or king berths for a couples-only vacation or a yacht with a stateroom that allows for several children to share sleeping accommodations.

Knowing everything, from the type of toys your guests are interested in using or if the vessel needs to accommodate a wheelchair or must have an elevator, helps your yacht charter broker source the best yachts available, thus making your decision to book a yacht simple.

While many yacht brokers certainly jump at the opportunity to offer their services, only a few have cruised the destinations, visited the yachts, and personally met the crew.

For this reason, choosing a yacht charter specialist, especially someone with real-world experience like the ones from LIME, is the most important decision you’ll make.

To learn more about how to rent a yacht, download the Best Yacht Charter Broker Comparison Guide for free.

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2. Pick Your Dates or Time of Year
Knowing when to charter, determining the best time to go or selecting optimal dates to charter can sometimes be confusing.

Whether you’re looking to escape the chilling winds of winter or the sweltering heat of summer, it’s important to become familiar with charter seasons and how they may have an effect on planning your private crewed yacht charter.

Charter seasons can be determined by a peak in charter activity, like chartering a yacht in the Mediterranean in summer, which is a very busy time, or it may refer to the weather pattern of a destination, like an Alaska yacht charter vacation.

Yacht charter seasons are normally divided by season (winter and summer) with high and low times that affect cost. The high season is more expensive and the busiest time, while the low season is less expensive and a slower time.

Within each season, there are weeks, which are often segmented around important dates.

For example, in winter, the 26th of December to the 1st of January is normally the highest cost and busiest time. Private yachts are often booked for a period of 7 or 10 days, which may include Christmas.

Booking between these dates is usually more difficult. Because of increased demand during certain periods, anything under one week means far fewer yachts to choose from.

3. Determine a Price Range
Now that you’ve decided to take a yacht charter vacation, there’s a lot to consider, and the price range is among the most important. Luxury charter yacht prices and rates are typically offered by the week, and like the yachts themselves, they differ enormously.

The yacht charter specialists at LIME are experts at booking yachts for charter and will guide you on everything you need to know about pricing. This includes the APA (Advanced Provisioning Allowance), relocation fees, taxes, crew gratuities, and more. They’ll know what yachts have a cinema and/or the latest toys.

By having their pulse on the global yacht charter fleet and knowing the crew and yachts available for charter around the world, they can advise you on what certain yachts cost, as well as the best destinations to visit.

4. Pick Your Destination
When it comes to questions about how to charter a luxury yacht, the most common question asked is, “Where is the best location to charter?”

A Mediterranean yacht charter offers a rich mixture of history, culture, and landscapes, comprising some of the most popular superyacht destinations in the world. It is often a top pick among seasoned and new yacht charterers in summer.

A Caribbean private superyacht charter offers pristine beaches, beautiful lush scenery, and warm tropical breezes. It is often the most popular yacht charter destination during the winter months.

For those looking to explore off of the beaten path, a megayacht yacht charter vacation in the South Pacific and/or Australia can offer an experience unlike any other.

Yacht charter brokers at LIME have traveled to all corners of the world as professional luxury yacht charter crew. With real-world experience under their belt, they simply guide you in selecting your ideal charter destination.

5. Search and Selection
Superyachts for charter are available through many sources. Because of this, working with a yacht charter vacation specialist has many benefits. Plus, there is no charge.

A qualified yacht broker has access to the global superyacht charter fleet and knows the charter managers.

But, the best superyacht charter brokers have also visited the yachts and know the crew that operates them. They have also cruised the destinations as professionals, making certain your search to find the right yacht includes only the best available yachts around the world.

Working with private charter broker specialists at LIME, based in Fort Lauderdale, Florida, your requirements are reviewed and refined. Then inquiries about the availability and costs associated with each yacht are made.

A well-versed charter broker knows the right questions to ask, many of which help you avoid hidden or unknown costs.

In many cases, yachts can also be previewed either at yacht shows or by appointment, so you’ll know exactly what amenities and toys will be available for your charter vacation.

Once a yacht and/or yachts are selected, inquiries are made by the charterer’s yacht charter broker, which can sometimes take up to a week for all questions to be answered and confirmed. Then a yacht is selected.

6. Base fee, Taxes, APA (Advanced Provisioning Allowance), Fuel, Dockage, Gratuities, etc.
Because there are various costs to consider when booking a yacht, it is important to be aware of what is included.

The base fee or rate refers to the cost of hiring the yacht and generally all of its equipment and crew for the duration of your charter vacation. The base rate of a charter may or may not include additional expenses such as taxes, fuel, and food, which are all subject to the terms and conditions of the charter contract.

The base rate also varies from one yacht to the next. It is primarily driven by its location, size, number of guests, and fit and finish. Price also depends on when events, such as the Monaco Grand Prix, and holidays, such as New Year’s Eve, are taking place or are being attended.

Advance Provisioning Allowance (commonly referred to as APA) is an important element of every charter contract. The APA has been designed to enable charterers to manage their expenses while allowing the yacht crew to prepare the yacht before the arrival of guests.

It also provides a simple and easy way to account for expenses throughout the charter. The APA is generally calculated at 25% to 35% of the base charter rate. It is utilized to cover provisions, fuel, port fees, dockage, and other consumables throughout your yacht vacation.

Unless there is an allowance for several cruising hours per day, fuel, along with dockage fees, are normally above and beyond the base charter rate. This includes all fuel burned while cruising from port to port or fuel burned by the generators, tenders, and toys.

Dockage fees may vary greatly, from very little to huge amounts, depending on the events and ports you wish to visit, along with tipping to ensure entry and/or the best location in a certain port.

7. Contract Preparations & Submission
Once the charter particulars (charter rate, taxes, delivery fees (if any), amenities, toys, availability, and more) are confirmed, using an industry-standard yacht charter agreement, the booking request is drawn up by the charterer’s yacht charter broker, and presented to the yacht charter manager.

The industry standard charter agreement outlines the rate and costs, including the Advanced Provisioning Allowance (APA) associated with the charter, deposit amounts, payment dates, the charter location, arrival and departure times and places, the number of guests, including force majeure, and additional terms.

By this point in time, while keeping both the yacht owner and charterer aware of the contract conditions, both the yacht charter broker and the yacht charter manager have ironed out the general terms of the contract for submission.

Once all the details are agreed upon, the contract is submitted to the charterer by the yacht charter broker for acceptance and signatures. The communication between the yacht charter broker and yacht charter manager keeps the acceptance process easy to understand and simple to follow.

8. Yacht Charter Contract and Acceptance
Upon submitting the contract to the charterer, all the costs, verification of staterooms and berths, deposits, and terms are identified and ready for acceptance.

Upon acceptance, it is normal to deposit 50% of the charter rate into escrow utilizing your charter broker firm’s trust account, usually within a certain period.

Fees for charter broker are deducted, and the balance of the deposit is then transferred to the charter manager’s trust account.

This first deposit secures the yacht and allows for the planning phase, which includes travel arrangements, trip itineraries, meal planning, and preference sheets that identify foods the guests like and dislike.

9. Planning and Remaining Deposits
Long before the charter goes to contract, itineraries and food are often discussed.

However, about 30 days from when the charter is scheduled to begin, the charterer receives preference sheets, which are to be completed and returned to the captain.

Guests need to itemize in detail any food allergies, favorite foods, and beverages, as well as their preferred itinerary.

If you are not sure what the best itinerary for your yacht vacation is, then ask the charter brokers at LIME, who have real-world experience cruising every major charter destination around the world as superyacht crew.

The more specific guests are with their needs, the better the service and the likelihood the guests’ requirements will be met.

At about the same time, the balance of the charter rate, taxes, and any other fees, along with the APA are dispersed by the charterer. Pre-charter planning and cooperation by both the charterer and the crew are vital, especially any specific requirements and events that need to be accounted for, such as birthdays, anniversaries, strict diets, and even wheelchair access.

10. Arrival and Departure
For your yacht vacation, whether you’re heading to a remote destination in the South Pacific or to the mini-metropolis of Monaco, our expert yacht charter brokers also have travel tips for getting there as easily as possible.

The yacht charter brokers at LIME have traveled extensively worldwide by air and can guide you when planning your travel. He has real-world experience with unique travel options, such as Around the World Tickets and Circle Pacific flights, the best routes to and from the biggest cities, as well as the best way to reach the most remote islands.

For those of you who travel by private aircraft and have air travel covered, what if you arrive and the yacht you chartered is anchored out or not accessible by road?

When it comes to arrivals and departures, helicopters and limo tenders are also more common than you might think. They are worth asking about when preparing to book a yachting family vacation.

The limousine tender ensures you’ll stay looking your best and offers the ultimate comfort. Being ushered directly to the yacht by helicopter is a great option to avoid traffic and/or maintain your privacy.

Also, for passport and visa information, visit the US DEPARTMENT OF STATE website before planning your trip.

You are well on your way to booking your best vacation ever!

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Go ahead and schedule your complimentary introductory consultation with a charter broker at LIME for insider information, and how their proven yacht-chartering methods make booking a yacht charter simple.

Contact a Luxury International Megayacht Expert.

To begin your epic experience, take the next step and contact the yacht specialists of LIME. We are happy to talk about yachts at any time.

Simply use WhatsApp, call, or send a text 24/7 at +1-954-507-2030 for anything you’d like to know about chartering or renting a yacht.

10 Steps to Rent a Yacht

For more information, scroll to a step below.

Step 1. Decide Who Will be Joining You
Step 2. Pick Your Dates or Time of Year
Step 3. Determine a Price Range
Step 4. Pick Your Destination
Step 5. Search & Selection
Step 6. Base rates, taxes, APA, and Fees
Step 7. Contract Preparations
Step 8. Contract Acceptance
Step 9. Planning and Final Deposits
Step 10. Arrival and Departure

*Consult a qualified yacht expert for the best outcome.

How Much To Tip Charter Yacht Crew?

Gratuities are left solely at the Charterer’s discretion. It is generally suggested to the Charterer that a gratuity calculated between 5% and 15% of the contracted Charter Rate only is acceptable if the crew has given excellent service.

However, it is important to understand that a Charterer is under no obligation to leave a gratuity, and at no time should a gratuity be solicited, either verbally or in written form when settling the final account. If it is, contact your yacht charter broker at Luxury International Megayacht Experts (LIME).

Summer Season vs Winter Season

Typically, yachts follow the sun resulting in Winter and Summer seasons.

The Summer season typically happens from April/May to October, with the most predominant locations to charter a luxury yacht in the summer season to include, North America, the Mediterranean, Northern Europe, and the South Pacific.

The Winter season typically happens from November to April, when most rental yachts base themselves in Southern Florida, the Bahamas, the Caribbean, the US & British Virgin Islands, and the Indian Ocean.

What are the additional
costs to charter a yacht?

See various yacht charter costs below.

APA (Advanced Provisioning Allowance) 25%-35%
Crew Gratuity (At Charterers Discretion) 5%-15%
Taxes and Value Added Tax (VAT)
Bahamas 4%+10%
BVI – Per person /day $6-$16
Croatia 13%
Florida 7%
France 20%
France – International itinerary 10%
Italy 22%
Italy – International itinerary +24m 6.6%
Italy – International itinerary -24m 8.8%
New England 0%
Spain 21%

*Taxes can vary by yacht size, region, and drop-off.

**Consult an expert for current yacht charter costs.

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