Frequently Asked Questions
Will I pay the commission to the Broker ?
No, the broker's commission is paid by the seller of the yacht.
If I buy a Turkish flagged yacht, Can I keep the Turkish Flag on my yacht ?
No, during the purchase process the yacht must be re-flagged to a country of your choice. The only exception is if you set up a Turkish company
with a Turkish citizen you register up to 49% ownership, in which case the company becomes the owner of the vessel.
Who will handle export formalities ? , And at what cost ?
We can arrange an export agent to carry out the formalities involved or you can make your own arrangements. Its cost
varies from € 2.500 to € 10.000 depending on the yacht.
How will I know what I am signing ?
All formalities in Turkey will be carried out through a Notary. The Notary will not let you sign any document that is not first translated in to your
own language by an official translator.
If I do not find a yacht which suits me on your list, can I contact you for what I am looking for ?
Certainly. We will try to find the yacht which suits you and let you know.
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