Owning your dream yacht has never been easier or more affordable. Our charter programs let you sail while we take care of your yacht.
Own the Dream!
Have you dreamed of owning a yacht, but the cost of ownership has held you back? Is the thought of maintenance scary? Or, are you concerned you won't use your yacht enough to justify the expense? Great news! Bluenose Yachts Charter Ownership Programs significantly offset the cost of your yacht, we take care of all the maintenance, and you can experience tremendous tax benefits by writing off the entire purchase price of your yacht.
Purchase Into Charter Program
The BYS Purchase-Into-Charter Program can help offset your cost of ownership of your new boat. We have very attractive financing programs coupled with our charter program that will typically yield a net profit for your boat and give you significant tax advantages.
We can provide you with detailed information regarding Section 179 of the tax code on how to write off the entire purchase price of your yacht up to the legal one year limit of $500,000. While we are not tax experts, we can advise you on who to contact and why owning a yacht when placing into our charter program can provide you with fun use of your boat, quality charter management staff, and tax savings depending upon your personal tax situation.
Charter Your Boat Program
The BYS Charter-Your-Boat Program lets you offset the costs of your current boat by entering your boat into our charter fleet. As with the Purchase-Into-Charter Program, enjoy up to 10 weeks of sailing per year at any of our worldwide locations, expert service and maintenance, and significant tax benefits.
Charter Programs Benefits
When you purchase a new boat and place into one of our charter fleets your potential benefits include:
- Tax and cash flow advantages from Charter Ownership
- Professional Maintenance and Support
- Ownership in a larger boat than you might otherwise be able to readily afford.
- Personal use when not in charter.
- Use in a variety of locations such as Newport, Rhode Island, Portland, Maine, Annapolis, Maryland, and the Bahamas, and more than 20 locations worldwide via our partner Dream Yacht Charter.
- We are part of the largest charter reservation system (SEDNA) in the world with hundreds of charter brokers booking our fleet, and part of the Dream Yacht Charter Network with 25 bases worldwide.