The international lifestyle destination
27 February 2016: Porto Montenegro, the Mediterranean’s leading luxury superyacht homeport and marina village, will take part in the 2016 Dubai International Boat show this week at Dubai International Marina Club Mina Seyahi.
The 8th year of the MENA region’s number one marine luxury, leisure and lifestyle industry event. This premium boat show is the most influential gathering in the MENA marine industry, making it an unparalleled platform to showcase to the Middle East’s investors and enthusiasts.
About Porto Montenegro
The premier destination, lies east of Italy’s south east coast and is located on the former Austro-Hungarian naval base within the coastal town of Tivat, in the sheltered Bay of Kotor – a UNESCO World Heritage Site, is the premier destination for the world’s yachting elite.
The number of large yachts under construction has more than tripled over the past ten years. Few marinas in the world can accommodate superyachts (vessels over 30 metres in length) let alone offer onshore provisions and crew services to complement the standards of the facilities found onboard.
Porto Montenegro aims to redress this issue by becoming the Mediterranean’s most comprehensive nautical facility – the premier homeport for all yachts, regardless of their size.
Their state-of-the-art facility has been designed to cater to the advanced needs of all yachts, their owners, guests and crew with specific infrastructure for the largest yachts afloat.
Benefits of Basing Yachts in Porto Montenegro
Montenegro’s elite tourism strategy provides yacht-friendly legislation, whilst its outside EU position presents a powerful financial case for basing a yacht here all year round and offers strong tax and legislative benefits and flexible cruising regulations.
Tax rates/Flexible Regulations include:
- 9% company and capital gains tax (one of the lowest rates in Europe)
- Only 7% VAT on marine-related services • 0% VAT on charters
- Tax and duty-free fuel, up to 45% cheaper than other European countries
- 9% company and capitals gain tax
- Property transfer tax 3%
- Competitive customs duty
- 0% VAT on charters
- No time limit on stay for foreign flagged vessels
- Ability to pick-up and drop-off
- Yachts can make multiple changes to guest and crew manifests
- Crew Club membership programme
Destination for Super Yachts
Porto Montenegro recently added a 250m berth to its offer, instantly positioning it as a world leader, exceeding the largest superyacht berths even of One Ocean Port Vell in Barcelona (190m) and Grand Harbour Marina in Malta (135m).
Following the success of their debut event in Porto Montenegro in 2015, they will be back once again this coming summer with partners Boat International Media for the second annual Superyacht Rendezvous Montenegro.
Porto Montenegro at DIBS
Porto Montenegro will hold a stand at ___ from the 1st– 3rd of March, from 3:00-6:00pm at The Dubai International Marine Club, Mina Seyahi.