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Maritime
Choosing your dream yacht and why Gibraltar is the vessel registry of choice
By Brett Dale Bridge, Director - Business Development, Europa Trust Company Limited
Many people dream of one day owning a yacht or superyacht. For those that are lucky enough the dream comes true, but unfortunately many buyers have quickly discovered afterwards that they had chosen the wrong vessel for themselves.
With a lack of knowledge or experience many potential buyers find themselves led astray by sales teams who often have the wrong idea of what the clients yachting needs are. There are many important considerations to be made before choosing your dream yacht.
Sail or motor?
The first and simplest question to ask is, do you require a sail or motor for your intended yacht. Each choice offers different experiences and overall costs. Sailing yachts
can be more environmentally friendly and less noisy for people on-board, while motor yachts require fuel and engine maintenance.
What is the purpose of your yacht? It is important to have a clear idea of what you wish to use your yacht for. Is the purpose for it to be family orientated, for exploring, or will it be used for chartering, entertaining or racing? Each of these choices can mean a very different yacht to the one originally intended with many having technical capabilities that owners may never use.
Be patient and take the time to look at different types and what they offer which may be of interest for your vessel. Many internet sites offer virtual tours of various yachts which allow new owners to see what they might wish for in their vessels.
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Gibraltar International
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