A yacht is an expensive investment. The average annual maintenance budget is 10-20% of the value of the yacht and includes insurance, parking, maintenance and operating costs.
Wealthy people buy and register yachts abroad. This way you can save on taxes.
Top 7 European marinas
Portugal, Vilamoura Marina - officially the best in the world
The Yacht Harbors Association, or TYHA, awarded the marina "5 Gold Anchor" status in 2019. It means that Vilamoura meets the world quality standards for harbours.
In 2021, TYHA awarded Vilamoura with the "International Marina of the Year" award. The marina has also been ranked the best harbour in Portugal every year for the past 10 years.
Moorings and a boat yard are equipped in Vilamoura. Maintenance, towing and refuelling of the vessel, assistance with mooring, painting and gel coating of the yacht are available to clients.
On the territory of the harbour there is a training centre for yachtsmen, five-star hotels, restaurants, a gym and shops. Various events take place throughout the year, such as the Carnival Regatta and the Yacht Show.
Montenegro, Porto-Montenegro marina is the best for superyachts
Porto-Montenegro has been named "Best Superyacht Marina" in 2021 by ACREW. This is a Dutch company that trains captains and crews of superyachts: holds lectures and thematic exhibitions, organises seminars and discussion groups.
Porto Montenegro is located in the picturesque Bay of Kotor in the city of Kotor, the old part of which is protected by UNESCO.
Guests can stay in one of the 300 residences, where there is everything for relaxation: beaches, spas, restaurants, nightclubs and fashion boutiques. People from all over the world come to Porto Montenegro: sports events, concerts of world stars, fashion shows and beach parties attract guests.
Cyprus, Limassol Marina - one of the most photogenic
The Marina of Limassol received the status of “5 Golden Anchors” from the Association of Yacht Harbours, the first in Cyprus. Social media users regularly tag the marina in photos, which is why it often leads the rankings of the most popular harbours in the world.
The marina has 750 berths for yachts of all sizes. Owners and crew can relax in the hotel villas. They are equipped with their own berths: a vessel can be moored right at the backyard.
Turkey, the Yalikavak marina is one of the largest in the Mediterranean
Yalikavak is located on the coast of the Bodrum peninsula. The Yacht Harbours Association recognized it as the best superyacht marina in 2018 and “International Marina 2019”. The bay itself is awarded the Blue Flag for the cleanest water.
The marina accepts yachts of all sizes and offers all standard services: maintenance, hire, boat lift, yard, yacht storage, fuel docks, electricity connections to the berths.
Italy, Marina Porto delle Grazie - the best for sustainable tourism
Porto delle Grazie is located in the commune of Roccella Ionica in southern Italy. The marina accepts yachts of any size. Mooring of large vessels takes place in a special zone. Yacht owners can visit the marina anonymously: the administration guarantees confidentiality.
Local beaches and the bay in which the marina is located are awarded the Blue Flag. It is awarded if the water meets high quality standards and is suitable for safe bathing.
Greece, Marina Flisvos - the most picturesque in Europe
Flisvos has received 5 Gold Anchors status from the Yacht Harbours Association and 4 Stars from EFQM, the European Foundation for Quality Management. The marina has also been awarded the Blue Flag award, the Clean Marina award from a special council of marine industry associations.
The marina is located 6 km from Athens and accepts mega yachts up to 180 metres. Clients can take advantage of 24/7 technical support, video surveillance, security, parking at the pier and VIP concierge.
Croatia, marina Punat - the most protected from the winds
Yacht marina Punat is located in the Puntarska Draga bay of the island of Krk, the largest island in the Adriatic Sea.
Yacht owners have access to cranes and yacht trailers, water and electricity, as well as enclosed spaces and boat sheds for storing boats.
There are nautical equipment shops, sailing schools and the local branch of the Italian Sailing Federation.
How to travel around Europe on a yacht without visas
Investors receive a residence permit or permanent residence in European countries in order to travel around Schengen without visas, including on a yacht.
Six countries have residence permit programs that provide for various investment options, such as buying real estate or securities, investing in business, science or cultural heritage of the country.
European countries with investment programs
|Country and status||Investments|
|Residence permit in Portugal||From €250,000|
|Permanent residence in Malta||From €150,000|
|Residence permit in Greece||From €250,000|
|Residence permit in Malta||From €30,000|
|Permanent residence in Cyprus||From €300,000|
|Residence permit in Switzerland||From ₣450,000|
|Residence permit in Austria||From €100,000|
Three European countries offer foreigners a second passport for investment.
Maltese citizenship can be acquired through naturalisation for special merit through direct investment. The applicant first receives a residence permit, passes a strict due diligence check. If his candidacy is approved, a year or three years after the residence permit, the investor will be able to invest in the Maltese economy from €690,000 and apply for citizenship.
Turkey grants citizenship for investments from $400,000. You can get a passport for real estate, the authorised capital of a local company, shares of investment funds or government bonds, as well as for opening a deposit in a Turkish bank.
Montenegro offers a second citizenship for investments from €472,000. Investors make a non-refundable contribution to the state fund and buy a stake in a government-approved real estate project.
Immigrant Invest is a licensed agent that helps investors to obtain a residence permit or citizenship in Europe for investment. If you want to travel without visas around Schengen and the world, please contact investment program experts for advice.