You can charter adventure sailing vacation to almost any destination in the world. The only problem is that it will cost you a bunch of money paying for the crew, meals and fuel for the trip. You can probably save money on a sailing vacation when you own the yacht but only if you know how to navigate and control it.
The advantage of owning a boat is that you can go on a sailing vacation anytime you want. You don’t have to call your travel agent or make any reservation online since the boat is just sitting at the dock waiting for you to come aboard. The only thing you have to do is buy food and fuel which should be enough to get you back to port.
The boat also brings financial benefits because when you are not using it, this can be rented out to those who want to go on their own sailing vacation as long as they are able to pay your rate. This of course means additional revenue for you so the ship stays in good shape.
This makes it also ideal for those who want to conduct business on board because this is a tax deductible once you register your boat as a place of business. To see how this works, get in touch with your tax advisor.
Another financial benefit of owning your own yacht is it can sometimes be considered a second home. This is as long as the boat has at least one berth, a permanent galley and a head which is the requirement of the IRS.
If you can’t buy your own yacht, there is something called fractional boat ownership which means for a certain period during the year, you can do whatever you want with the boat. This will allow you to use it to go on a trip with your family.
The best thing about this is that a group of you share the cost of owning the yacht which already includes its maintenance, insurance, moorage, equipment, fuel and repairs.