The largest British Channel Islands, Jersey is the most popular yacht registration port in the world. It is an independent jurisdiction. The island is governed by a separate "parliament" of Jersey, while, at the same time, it is subordinate to the British crown when it comes to defense and foreign affairs. Jersey is an international financial center with a solid base. It is based on political stability, low taxation, and other favorable environments. The island frequently hosts commercial and private pleasure yachts up to 399 GT, based and used anywhere in the world.
Who is allowed to register a yacht in Jersey? It can be done by companies and individuals who are members of the Commonwealth of Nations, the European Union, and other territories, who have full rights to register water transport. A particular advantage of registering in Jersey is the ability to issue a temporary registration to cover shipping after a yacht deal has been closed. Jersey is not subject to the EU VAT in financial matters. Therefore non-EU owners who want to work in Europe without VAT and have the full right to temporary exit (import) following benefits.