How much does a yacht charter cost?
The cost of your yacht charter depends on the yacht you are chartering. There is the charter fee, which covers the cost of the yacht, plus VAT calculated as a percentage of the charter fee and dependent on the country of embarkation, plus the APA – Advanced Provisioning Allowance. This is an account of your … <a href="https://www.edmiston.com/faq/how-much-does-a-yacht-charter-cost/">Continued</a>
The cost of your yacht charter depends on the yacht you are chartering. There is the charter fee, which covers the cost of the yacht, plus VAT calculated as a percentage of the charter fee and dependent on the country of embarkation, plus the APA – Advanced Provisioning Allowance. This is an account of your money managed by the captain to pay for fuel, marina/berth fees, food and drink provisions etc. throughout the charter. It is traditionally calculated at 30-35% of the charter fee. A breakdown of all APA costs incurred together with a proof of purchase will be presented to you on the last day of your charter and any remainder can be held on account or reimbursed. There is also a crew gratuity, which is customary but given at the client’s discretion. As an industry standard, this is generally between 10-20% of the charter fee.