Marine finance in the superyacht sector
When starting out in the yachting industry as crew, there are many things to consider and one of the most important is your finances. Remember, it’s better to address your finances head on, rather than bury your head in the sand. Make sure you've got all your financing sorted with our marine finance articles for superyacht crew below.
Superyacht purchase and ownership is a huge undertaking all of its own; to enjoy the benefits, you need not only to purchase the yacht, but afford dozens of other regular expenses.
As any yacht crew member will tell you, working on a superyacht can offer great financial rewards with all the hard work that comes your way. Find out more about the world of yacht financing, including offshore banking and what you can expect to earn as yacht crew.
Managing everything from accounts to interiors, yacht pursers play a vital and valued role in the successful running of a superyacht. Yachting Pages explores what the role and responsibilities are of a superyacht purser, and the route to reaching one of the most coveted crew positions on board.
You may have just started life on-board, but it's never too early to start thinking about your finances and get on top of your accounts. Yachting Pages details seven steps to successful marine financing, including keeping an offshore account, and a list of other tips for investing in yourself.