Find the answers to the most commonly asked questions
Buying a yacht
Using a yacht broker when buying a yacht will save you time and make the whole process as easy as possible for you. A knowledgeable yacht broker can take care of every detail of the purchase process. Using their extensive network of contacts and market knowledge your broker will find you suitable yachts based on your preferences and criteria, oversee contracts and get you the best deal. We offer expert advice on class and compliance, how to best organise your ownership structure, finding the most efficient finance platform and so much more.
How long it takes to find the perfect yacht is largely dependent on personal preferences and requirements. Once a broker understands the experience you want to achieve, they will work to find a suitable selection of yachts available in the market. Once you have found your yacht, the purchase process usually takes from six to eight weeks from contract to completion.
Sea trials and detailed surveys are all part of the purchase process. To avoid conflict of interest, it is our policy not to act as surveyors on behalf of our clients, however we will help you to retain the services of an appropriate team of experts, surveyors, engineers and (if necessary) electricians, fully reflecting the scope of survey you require.
Running costs vary widely depending on the size, build, age and condition of the yacht, as well as the level of maintenance that the owner wishes to perform annually. Once you have found a potential yacht, our team will be able to best advise on potential maintenance and running costs.
The Ocean Independence team offer several ongoing services once you have completed the purchase of your yacht. The yacht management team offer a range of services including yacht registration, operational management, crewing, financial services and more. Additionally, if you wish to make the most of your investment and charter your yacht, our charter management team will work to successfully offer her for charter with a schedule that suits your needs.
Yes, if Ocean Independence is acting as a stakeholder for a purchase transaction. KYC is the process used to verify a client’s identity. KYC requires proof of identity and residence. This can be a passport or other government ID and utility bill or similar. Originals or authenticated copies may be provided. The information is only required for the purposes of complying with international Anti Money Laundering (AML) regulations.