Superyacht
Philanthropy

At LIME, we understand the extraordinary platform of yachting and the need to embrace its existence. Because of this, we are raising awareness about why superyacht ownership and yacht charter matter on a global scale.

Recognizing the actual worth of a superyacht cannot be solely determined by its cost. Its true worth and contribution are much more. As influencers, we are leading the conversation about the philanthropic nature of yachting.

At LIME, our clients know that yachting creates core memories and extraordinary experiences. They understand that regardless of age or interest, yachting is the only platform of its kind, where everybody can gather, bond, and be happy.

Friends and family that yacht together, stay together. But that’s just the surface.

When it comes to yachting, there may be no greater act of philanthropy.

The existence of a superyacht has an ongoing positive economic impact forever, which makes the extraordinary people who own and charter yachts some of the most charitable donors on the planet.

Their love of yachting keeps hundreds of thousands of people employed, redistributes wealth, and benefits communities around the globe in perpetuity.

At LIME, we understand this, and are side by side with our clients. We’re giving back, and paying it forward in and out of yachting at each company success.

In total, the superyacht industry employs hundreds of thousands of people, generating tens of billions of dollars globally for local communities.

Skilled labor, lodging, transportation, durable goods, fuel, food, insurance, supplies, dockage, specialists and so much more are all part of the yachting economy,

Each one of these jobs generates and redistributes wealth while having a positive impact on local communities around the world.

The economic advantages of superyachts are considerable, extending beyond their construction phase to create a significant trickle-down effect well into the future.

Per SYBAAS, the global economic impact of yachting in 2023 is estimated at usd 12 billion annually, as calculated conservatively and exclusively to onshore spending.

Because of this, buying or chartering a superyacht is good, and arguably one of the biggest and best philanthropic experiences you will ever participate in.

Owning a yacht contributes to the tourism of the local community. When yachts visit destinations, their guests and crew are known to stay in local hotels, dine in restaurants, and participate in activities, all of which support the local economy.

Spending includes dockage, port fees, security, fuel, provisions, tours, transportation, dining, and shopping which all give a boost to local businesses and economies, while also generating tax revenue for the local community.

Yachting, along with spending by guests and crew redistributes wealth in local economies, often in poorer parts of the world, through onshore spending.

This spending helps to support local businesses and creates additional job opportunities from shopkeepers to restaurant owners, taxi drivers to tour guides.

These jobs offer strong wages, benefits, and opportunities for advancement, which can help to reduce income inequality in the communities visited by yachts.

One person’s decision to spend a large amount of money on one luxury item helps keep tens of thousands of people employed and redistributes wealth.

Whether you build, charter, or buy a yacht, you only have to stop and think for a few seconds to realize what’s involved in building, and then the operation.

Shipyards, architects, tradesmen, local businesses, and crew. Thousands of jobs around the globe are supported by this one simple decision – forever.