Thailand: Visiting Yachts can now stay for longer
The Royal Thai Government has announced that the temporary import allowance for yachts and super yachts has been extended from 6 + 6 months to 2 years and 6 months.
Published 3 years ago
The Royal Thai Government has announced that the temporary import allowance for yachts and super yachts has been extended from 6 + 6 months to 2 years and 6 months.
In a statement announcing the changes, the Thai Yachting Business Association (TYBA) said the extension of temporary importation of foreign yachts for up to 2.5 years will significantly benefit the industry and local economy.
TYBA Board member Peerawich Thoviriyavej commented: “This brings Thailand in line with regulations in neighboring countries and elsewhere in the world. To come from Europe or Australia takes many weeks, so yachts can now make the most of all that ‘Amazing Thailand’ has to offer. We look forward to working further with our APAC and ASEAN members to grow this outstanding cruising region for charter and pleasure yachting.”
The Thai Customs Department announced the new regulations on February 19, 2021 and it was later confirmed during a meting between the Minister of Finance, Mr Arkham Termpittayapaisith, also attended by a former Minister of Tourism and Sport, Mrs Kobkarn Wattanavrangkul and representatives from the TYBA.
New Customs Regulations for Superyachts
The Thai Government has also announced new customs regulations that will allow Superyachts with a Thai charter permit to operate in Thailand under clarified VAT and import arrangements.
Superyachts will pay VAT on all income they generate in Thailand during their temporary stay in Thai waters.
Study Supports Initiative
TYBA has completed a study to support this initiative, covering New Zealand, Australia, Fiji and the Maldives – all of which have opened up to Superyacht charter in recent times. It is well known how the Caribbean and areas of Europe have long benefited economically from Superyacht charter activity. So this new announcement from the Thai Customs Department will initiate significant growth to the Thai yachting industry and the general economy.
For more information, please contact the Thai Yachting Business Association
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Find out more at:
Noonsite: Thailand Formalities
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The opinions expressed in this article are the author’s own and do not reflect the view of Noonsite.com or World Cruising Club.
Related to following destinations: Thailand
Covid-19: Special Tourist Visa
The authorities in Thailand have just re-opened the Special Tourist Visa (STV) for yachts arriving in Phuket until September. The STV gives 90 days on arrival and under normal circumstances can be extended twice giving a total stay of 270 days. One of the five authorized agents must be used and you must strictly adhere to your agents instructions. Shop around. Expect to pay between 55,000 Bhat and 73,000 Bhat.
Asia Pacific Superyacht Services Co., Ltd. – [email protected]
Asia Yacht Agency Co Ltd – [email protected]
Porntip Logistics Co.,Ltd. – [email protected]
Seal Superyachts Co., Ltd – [email protected]
Yacht Concierge (Thailand) Ltd., Part. – [email protected]
When you come to extend the visa, you may need a residential address and a marina address will not suffice. Speak to your agent.
See https://www.noonsite.com/place/thailand/formalities#biosecurity-section for full yachting protocols.