News Home Video Gallery Newsletters Cruising Int Photo Gallery
Sail-World.com : Increased entry period for yachts visiting NZ bonus for marine sector
Increased entry period for yachts visiting NZ bonus for marine sector


'Superyacht berths at Silo Park, Auckland are expected to gain patronage with the The now 24-month temporary import entry period announced by Customs Minister Maurice Williamson on 11 December 2013'    Supplied Supplied    Click Here to view large photo


New Zealand’s marine and tourism industries will benefit in a number of ways following the Government’s decision to extend the temporary import entry (TIE) period for visiting superyachts and cruising yachts to New Zealand from the existing 12 months to 24 months.


All goods coming into New Zealand, including yachts, are normally subject to duty and GST. Visiting yachts are granted a temporary import entry to exempt owners from paying these charges if they aren’t used commercially or sold, and depart the country within the time period.

The now 24-month temporary import entry period will help Opua (pictured) extend its traditional welcome to overseas sailors and provide the opportunity to develop service industries and employment in the Bay of Islands. -  Supplied Supplied   Click Here to view large photo
Today’s (11 December 2013) announcement from Customs Minister Hon. Maurice Williamson confirms the extension of the temporary import entry period from 12 to 24 months and is expected to be well-received by the world’s sailing-cruising fraternity and regions throughout New Zealand which stand to gain an economic boost from additional numbers of visiting yachts.

Peter Busfield, executive director of the New Zealand Marine Industry Association (NZ Marine), says: 'The extended temporary import entry period is one of the key regulatory changes NZ Marine has been seeking as we aim to double the export earnings of our industry over the next six years.

'The 24 month TIE makes New Zealand as a destination for visiting superyachts and cruising craft much more appealing, especially for vessels based in the Mediterranean and the United States which will now have greater flexibility to plan the long and exciting journey down-under to enjoy New Zealand’s scenic highlights and highly regarded hospitality.'

NZ Marine’s figures show about 700 yachts visit New Zealand each year. Around 660 vessels are under 25 metres in length, and tend to be self-skippered as they cruise the country’s attractive coastlines. Around 35 superyachts over 25 metres in length also visit on annual basis, often combining cruising and tourist activities with the opportunity to have their vessel fully or partly refitted or maintenance work completed by the many world-class marine sector service providers around the country.

Busfield says the extended TIE period will assist the New Zealand marine industry greatly with the goal of doubling visiting superyacht numbers over next three years and increase the number of visiting under 25 metre yachts by up to 25 per cent.

Busfield adds: 'The gain to New Zealand’s economy goes well past the marine sector with superyacht owners and guests taking their custom to New Zealand’s best golf courses, wineries, accommodation venues, tourist attractions and artists; some of these high net worth individuals also choose to invest in local business opportunities.

'In particular, we can expect to see significant benefits for the Far North, Whangarei and Auckland regions as the majority of yachts arriving in New Zealand make port in these centres. There will also be opportunities for Bay of Plenty and Marlborough to host more visiting yachts than they do presently.'

Ross Blackman, chairman of Far North Holdings which owns and operates the Opua Marina among its portfolio, is also positive about the regulatory change.

'This decision will help Opua extend its traditional welcome to overseas sailors and provide the opportunity to develop service industries and employment in the Bay of Islands,' says Blackman.

Yacht owners who arrived in New Zealand after July 2013 can apply for an extension by emailing Customs their yacht and temporary entry details.

NZ Marine, with the assistance of Auckland Tourism, Events and Economic Development, New Zealand Trade and Enterprise, and Tourism New Zealand, is actively promoting New Zealand as a destination at international boat shows utilising resources such as the dedicated guide for visiting yachts, the Destination New Zealand e-book [link to download].


by Kate Gordon-Smith

  

Click on the FB Like link to post this story to your FB wall

http://www.sail-world.com/index.cfm?nid=117527

9:22 AM Wed 11 Dec 2013GMT


Click here for printer friendly version
Click here to send us feedback or comments about this story.


Related News Stories:

09 Dec 2013  Hall retains Auckland Finn Champs at Takapuna
03 Dec 2013  New $100,000 Stabicraft/Yamaha prize for 2014 Hutchwilco NZ Boat Show
03 Dec 2013  OKI 24 Hour Race - 8th and 9th February 2014
03 Dec 2013  Fleet numbers keep growing at Wairoa regatta
03 Dec 2013  55 knots of wind, 26 windsurfers, 2 days of racing - priceless!
29 Nov 2013  NZ Sailor of the Year: 49er World Champions win on Golden Anniversary
25 Nov 2013  2013 Round White Island Race: A slow success
24 Nov 2013  2013 Laser Worlds: Kiwis finish just out of top ten on final day
23 Nov 2013  One week until 2013 Volvo Yachting Excellence Awards
23 Nov 2013  White Island Race: TeamVodafoneSailing finishes a long way ahead
MORE STORIES ...






Cruising USA







Springtime Greening: Boaters Tips for Earth Day by BoatUS Foundation/Sail-World Cruising,








How sailors really do have a voice in the future of our oceans by Sandra Whitehouse, Sailors for the Sea,


Message-in-a-bottle record - 102 years by AFP/Sail-World Cruising,








Canadian solo sailor rescued north of Auckland by Sail-World Cruising round-up,




















Free online fuel spill course - how much do you know? by BoatUS Foundation/Sail-World Cruising,












Life-shattering event sends 'rookie' couple sailing the world by Asia News Network/Sail-World Cruising,








3,200-year-old boat found in Croatian waters by Haemus/Sail-World Cruising,


Product of the Week: the LineGrabber
Mediterranean Mooring - How to moor stern-to to a dock or quay
Canadian storm bomb threat - sailors advised: get off the water!
Sailing family condemmed for taking 3-year-old on circumnavigation
New contract-free plan for satellite communicator on your smart phone
Yacht of the Week: The Dashew creation: no sails, but eco-friendly
No laughing! Sailing mistakes I don't want to make
Destination: From Moscow Sea to the White Sea
Land sailors of India on adventure across the Rann
A Paint App to (almost) replace your marine store assistant
Volunteer Canadian rescue team homeless - any offers?
Hilary Lister and Nashwa Al Kindi set a new trans-ocean record
How to anchor and 'never utter a word'
Non-pyrotechnic flares for my boat - Can I or can't I?
Health benefits of sailing
Cruising in the Maldives - some nuts and bolts
ISAF Guide to Offshore Personal Safety for Racing and Cruising
Halyard Tension - a video
Winchrite - for lazy days or extra muscle-power
Researcher examines 'current leaks' that may change the way you sail
Paris off to attempt to circumnavigate the world again   
Need a tow from that helicopter? - watch the video and don't laugh   
Certain oil spill products shown to be ineffective and toxic + Video   
The Constrictor: a powerful 'Queen' of sailing knots!   
Boat painting - simple but best tips   
'It's never just one thing' - Swedish sailors rescued   
Cruising Club of America celebrates outstanding sailors of 2013   
Book of the Week: From the Galley of...   
Two brave women to sail India to Oman across Arabian Sea   
Rhode Island's Classic Yacht Symposium - Registration opens   
Bad Karma as roving American cruising sailor fined in New Zealand   
Another rescue for second-time unlucky solo sailor   
New York to San Fran record attempt - Maserati reaches the Horn   
Finally the book:HMS Bounty, Disaster and Survival in Superstorm Sandy   
Yachts impounded in Mexico - the agony goes on...   
Students achieve robot boat Atlantic Crossing - but not as planned   
Endurance Award for cruising sailors, new worldwide award for 2014   
It's coming. Dodgers/biminis to be solar power producers   
New Maldives rule - yachts can stay six months   
Unmanned tsunami boat takes three years to reach Taiwan   


For this week's complete news stories select    Last 7 Days
   Search All News
For last month's complete news stories select    Last 30 Days
   Archive News







Sail-World.com  


















Switch Default Region to:

Social Media

Asia

Australia

Canada

Europe

New Zealand

United Kingdom


http://www.sail-world.com/event_images/image/Twitter_logo_small.png http://www.sail-world.com/event_images/image/FaceBook-icon.png  

United States

Cruising Northern

Cruising Southern

MarineBusiness World

PowerBoat World

FishingBoating World

 

Contact

Commercial

News

Search

Contact Us

Advertisers Information

Submit news/events

Search Stories/Text

Feedback

Advertisers Directory

Newsletter Archive

Photo Gallery

 

Banner Advertising Details

Newsletter Subscribe

Video Gallery

Policies

 

 

 

Privacy Policy

 

 


Cookie Policy

 

 



This site and its contents are © Copyright TetraMedia and/or the original author, photographer etc. All Rights Reserved.  Photographs are copyright by law.  If you wish to use or buy a photograph contact the photographer directly.
X6XL WAS Cru USA