Does Croatia offer a tax free residence to foreign yacht owners?
Croatia is not a member of the European Union and thank to that fact, foreign yacht owners can avoid VAT on the purchase price of their yachts if they are residents in Croatia. Yacht owned by a foreign citizen or foreign corporation can be kept in Croatian marina indefinitely without paying Croatian VAT. Spare parts and additional equipment are tax and customs duty-free if the yacht is under a foreign flag. A yacht owners with Croatian residence permit can enter EU waters for up to 18 months in any 24 months period without paying the VAT. (Some EU members have different regulations).
