Buying a yacht at an ultra-high-net-worth level requires far more than selecting the right vessel.
In Episode 13 of The Yacht Show, Spencer Brown of Brown's International Yachts speaks with Victoria Blackburn, Director in the Private Office division at JTC Family Office, about why ultra-high-net-worth individuals should engage a family office before purchasing a yacht.
From ownership structuring and VAT exposure to private vs charter strategy, multi-jurisdictional compliance, crew considerations, and long-term governance, this episode explores the complex ecosystem behind superyacht ownership.
A single yacht purchase can involve multiple specialists and annual running costs ranging from tens of thousands to millions. Without the right advisory framework in place, costly mistakes are easy to make.
This conversation is essential viewing for:
- Ultra-high-net-worth individuals considering yacht ownership
- Entrepreneurs following a liquidity event and wanting to purchase a yacht
- Family offices advising on luxury assets
- Brokers, advisors and legal professionals in the UHNW space
What we explore:
- What a family office actually does
- Why yacht ownership requires specialist structuring
- The difference between private and charter ownership
- VAT structures and 18-month rule risks
- Why selling or restructuring a yacht is not quick
- How new-generation UHNW buyers are changing yacht design
- Why emotional decision-making can cost millions
Luxury assets require governance, foresight and the right advisory team around you. This episode explains why.
All about the guest...
About Victoria Blackburn
Director – JTC Private Office
Victoria returned to JTC in 2018 to contribute to the development of the Private Office, bringing with her over 17 years of experience in the sector. Throughout her career, she has provided expert guidance to UHNW and HNW individuals, as well as both large and boutique family offices.
She has lived and worked in the UK, Jersey and Luxembourg, giving her a broad international perspective and deep understanding of cross-border structuring and governance.
If you would like to be put in contact with Victoria about your next yacht purchase, please contact Spencer via the details below:
📲+44 7395 531 467
💻 [email protected]
or visit: www.jtcgroup.com/people/victoria-blackburn
All about the host....
About Spencer Brown
Sales Broker, Brown's International Yachts
With 24 years of experience within the yachting world as a leading broker, and an outstanding record of selling on every continent in the world (apart from Antarctica!), Spencer will be able to find you your perfect yacht with ease! From curating a new build to the intricacies of finding your dream brokerage yacht, Spencer has you covered. Make sure to enjoy a round of golf with him while you chat about your next vessel!
For all your yachting needs, you can contact Spencer on:
📲+44 7395 531 467
💻 [email protected]
Disclaimer: This podcast is provided for informational purposes only and does not constitute legal, tax, financial or investment advice. Every yacht purchase and ownership structure is unique. Viewers should seek independent professional advice tailored to their individual circumstances before making any decisions.
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