Owning a luxury asset such as a superyacht or private jet can be complex; there are many factors to consider, from taxation, legal and regulatory aspects, all the way through to environmental and reputational considerations. These specific circumstances of each client should be taken into account, and the solution, no matter its global footprint, legal nature or operational remit, should be carefully tailored to meet individual needs.
Private client director and marine services specialist, Joel Chinn, shares his thoughts and experiences after spending many years helping clients with the purchase and structuring of superyachts. In this STEP Journal article, he discusses:
• What trends he has seen in the luxury asset industry since the COVID-19 pandemic
• How JTC helps its clients
• The positive outcome of Brexit within the yachting industry
• And more…
Click HERE to read the article.
Joel Chinn, ‘Luxury Asset Focus – Marine Services’, STEP Journal (Issue 2, 2023), Page 52.