Search Results for: buying a yacht

Super rich buying up Italy’s mansions under new tax regime

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‘You get the same sort of tax savings you get in Jersey but you get to live somewhere you actually want to live’

MYS-046 European Shopping Experiences for Superyacht Charter Guests

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Rambling around ancient ruins, sipping coffee in the hazy Italian sunlight, and dipping crusty pockets of bread into gooey French camembert, these are all the pleasures and more of a luxury yacht charter to the shores of Europe. My Starfire spends many a summer sailing the Aegean Sea, gliding through the sparkling Mediterranean, and even … Read more

What objects of desire UHNWIs around the world are buying

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Investments of passion performance and global luxury spending trends. Luxury is getting a makeover, all at the speed of social media. The consumer of “luxury” is increasingly digitally-savvy, time-sensitive, socially aware, and more and more concerned about sustainability. The industry surpassed €1 trillion in retail sales value in 2015 and delivered healthy growth of 5% … Read more

World’s super rich keep buying up luxury goods in face of wealth decline

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Sales of super-yachts rose 40% last year despite number of millionaires and ultra rich falling, according to wealth report

A grand $9 million penthouse offered with a 69-foot Ferretti yacht

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A grand penthouse, a 69-Foot Ferretti Yacht and a 70-foot wet slip offered in one package in the Yachting Capital of the World   Marina Palms Yacht Club & Residences, Miami’s first new high-rise residences with private marina in two decades, and Ferretti Group, one of the world’s leading players in the design, construction and … Read more

Encouraging Chinese to own yachts is the biggest challenge this industry faces

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While several marinas have been developed along the China’s eastern coast in the past five years, Chinese coastal waters are still strictly regulated, and import duties of 43 percent have dampened the development of a vibrant yachting culture. In 2009, the Chinese yachting market was worth $440 million, according to a recent report by China … Read more