New Tax for Cruising Boats in Greece - Update

Created by val. Last modified on 2010-01-16 18:42:38
Contributors:
Countries: Greece

Posted 2009-10-27
See additional comments below

Once again Greece has raised it head above the parapet by introducing a new annual tax law for boats which remain in Greek waters for more than 40 days. This tax applies to ALL boats.

Currently the rates are as follows:-

(1) Power boats over 10 metres

First 13m = 300 Euros per metre
Next 4m (14 to 17) = 550 Euros
Next 4m (18 to 21) = 800 Euros
Next 4m (22 to 25) = 1050 Euros
Over 26m = 1300 Euros per metre

Example- 15m power boat would need to pay (13300)+ (2550)= 5000 Euros per year.

(2) Sail boats over 15 metres

First 20m = 200 Euros
Next 5m (21 to 25) = 400 Euros
Over 26m = 600 Euros per metre

At present this new tax has not been consistently collected and Noonsite has been advised that the new government is reviewing the rates.

For those who can read greek, here is the link to the actual text of the law.

Received 2010-01-13 from Malcolm Sanford

I had intended to spend at least 10 weeks cruising the Greek Islands this year. My yacht Freya is 15.3m so I am obviously concerned about the new Greek Cruising Tax that would be applied if I spent more than 40 days in Greek waters. I emailed Med Marinas to see if they could give some clarification on the proposed tax. Their response, received today, is copied below. It may be of interest to other cruisers.

Dear Sir,
In regards to the new tax for cruising boats in Greece, it was brought by the previous Government some days before its departure.

There is currently an on-going procedure by the new Government to withdraw or modify this law so foreigners will not pay any tax.

That is what all Governmental officials have assured us.

For the time being the Law is unofficially considered by the Authorities as not valid.

I remain at your disposal for any further information.

Kind Regards,

Vasia Karavasili
Reservation Department
K&G Med. Marinas Management
Tel: +30 210 9855327-8
Fax: +30 210 9855329
email: k.g@medmarinas.com