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Cabrinha06

Buying overseas

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Marinhero is correct no duty from Australia. We had to pay GST within a week (in Nelson), although that seems to vary a bit with who you get at the customs office.

I also agree with the surveyor in Queensland comment, we did get one but he was useless. The boat was fine but I could have checked it better myself.

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Thanks for all your replies guys, it helps to understand the rules!!

 

So in fact, buying a second hand yacht in OZ needs to add the NZ GST to it, even if the yacht is not brand new...

I'm after a second hand cruiser/racer near 50ft. For the moment I focused on First 47.7 and in NZ they are none for sale (one from 36 degrees brokers but sold and was at 300k), while in OZ they are more and "cheaper".
But of course, after adding the NZ GST, it's the same price...but at least there are options

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Nope, sometimes you get a week, sometimes it's on demand when clearing into the country is my understanding. I know of a boat recently in Nelson who got a week, and another in Opua who had to pay immediately...

I fail to see why you would be allowed a year or two.

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I had a mate who Customs didn't make pay GST. He had owned the boat for a long while, it was built in Aussie, and when we brought it to NZ he was living on it. He asked Customs nicely what options he had and they said if he continued to live on it for the next 2 years and didn't sell it 2 more they wouldn't apply the GST to it.

 

There was no duty as it was Aussie built.

 

I do not know if what he ran into was the rules at the time and if they have changed or what but I'd suggest you ask nice while looking poor, ya just never know.

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Because some people are in the country only few months.

For example, someone who sailed to NZ and is in the country for a while, working before going again.

I know that in this case, customs make you sign a paper where you agreed to pay the GST after a certain amount of time if the vessel is still in the country

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If you are a NZ resident or a citizen, and bring a boat you own into NZ you will be required to pay GST and duty (if applicable) upon arrival.

If you are a foreign national, you get a TIE (Temporary import exemption) the time of which is usually 3 months, but can be extended to a year or more if, for example, you are having major work done to the vessel here. After that time, if you wish the vessel to remain here, you have to pay.

Full details of this are available from Customs. It's pretty clear. If you live here, and bring in a boat that is not NZ built, or has not already had the tax paid in NZ, you have to pay on arrival.

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So are we saying GST is payable even if tax has previously been paid on the boat in the country of origin?

One is NZ GST and the other is Aussie GST. One applies only in NZ the other only in Aussie.

 

Same name but 2 different taxes.

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