NZ opens to charteringDec 30, 2014 by Guest Writer
A change to New Zealand’s temporary import entry (TIE) procedure means private and charter yachts can now stay in the country up to two years.
A new process streamlines the process for superyachts chartering in used Zealand waters, allowing them to charter, undertake private cruises and complete refit work. Chartering must make up less than 65 percent of the superyacht’s time in New Zealand waters, and customs requires a declaration from the vessel’s owner that the yacht will not stay longer than 24 months.
Yachts in New Zealand waters holding the TIE will have zero GST (goods and services tax) rating for the yacht (except while under actual charter) and crews’ qualifications can be cross credited to New Zealand qualifications by Maritime NZ.