Do yacht crews pay taxes?

It is your responsibility to pay any taxes or social security due. The tax owed depends on several factors, including the following: Residency: The country that you are a resident of is the country that you pay tax to. Tax regulations: The rules around paying tax vary from country to country.



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Whether the yacht is chartered or privately owned will all contribute to your monthly pay packet; your basic salary will be the same whether you work on a charter yacht or a private boat, though on a charter, you will generally receive tips; this usually around 10% of your monthly salary, or it can range between €1,500 ...

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Where to live if you want to minimise tax
  • The Bahamas. The jewel of the lavishly decorated Caribbean crown, The Bahamas are a nil-tax haven which means you won't have to pay any of the tax that you would have back home. ...
  • Jersey. ...
  • United Arab Emirates. ...
  • Monaco. ...
  • British Virgin Islands. ...
  • Bermuda. ...
  • Switzerland.


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