If you’re considering living on your yacht, there are a few things you need to know first. Costs can vary significantly depending on the size and location of your vessel, as well as your lifestyle and needs. Here’s a breakdown of What you should consider before moving onto your boat.
How Much Does A Decent Yacht Cost?
The cost of a yacht can vary greatly, depending on the size, type, and age of the vessel. You can expect to spend anywhere from a few thousand dollars for a small fishing boat to millions of dollars for a large luxury yacht. Of course, you would not live on a small fishing boat! Even if you opt for the minimalist life similar to the type people experience when living out of their vans, you’ll need at least a 30-foot vessel with some basic amenities. A boat of this size will cost you at least $25,000 but could go up to $200,000 or more depending on the make and model.
What Expenses Are There When Living On Your Yacht?
There are many potential costs associated with living on your yacht. Obviously, you will need to pay for the boat itself, as well as insurance, mooring or docking fees, and repairs and maintenance. Then there are fuel, water, and food costs.
How Much Does Location Affect Costs?
The cost of living on your boat can vary greatly depending on the location. If you’re in a busy port with lots of amenities, your costs will be higher than if you’re out in the middle of the ocean. If you’re in a popular cruising area, you can expect to pay more for mooring and dockage fees.
Is It Feasible To Live On A Boat If You Have Kids?
Yes, it is definitely possible to live on a boat with kids. Of course, you’ll need to take into account the age and size of your children and make sure the boat is equipped with everything they need, including a safe place to play. You may also want to consider enrolling them in a sailing or boating school. You will also likely need to home-school your kids as there are no schools out at sea!
Can You Live On Your Boat With Pets?
Many people do choose to live on their boats with pets. However, you will need to take into account the needs of your furry friends and make sure there is enough space for them to live comfortably. You may also need to invest in pet-specific supplies, such as a life jacket for your dog.
How Do You Get Internet On Your Boat To Stay Connected And Do Work?
One of the biggest challenges of living on a boat is getting (and staying) connected to the internet. Unless you’re in a very high-traffic area, you’ll likely need to invest in a satellite or cellular connection. This can be costly, especially if you plan on using a lot of data.
How Do You Get Supplies And How Often Do You Need To Visit Port?
Getting supplies when living on your boat can be tricky, especially if you’re far from land. You’ll need to develop a system for stocking up on food, water, and fuel before heading out into open waters. And if something breaks or runs out while you’re out at sea, it may be several days or even weeks before you can get it fixed or replaced.
How Do You Get Fresh Water?
One of the most important things to remember when living on your boat is to always have plenty of fresh water. You’ll need to drink it, cook with it, and clean with it. The easiest way to get fresh water is to simply fill up tanks when you’re in port. But if you’re out sailing for extended periods of time, you’ll need to find other ways to replenish your supply.
How Do You Handle Service And Repairs?
If something breaks or needs repair while you’re living on your boat, it can be difficult to find a qualified service technician who can help. Often, the best option is to head back to port and take your boat in for repairs. This can be costly and time-consuming, so it’s important to factor this into your overall budget and planning. Before you set sail for a new location, it’s best to research and take note of reputable, highly-reviewed yacht service technicians.
Do You Have To Pay Taxes?
Yes, living on a boat is considered residency in most countries, so you will likely have to pay taxes just like any other citizen.
People Around You Pay Millions For Your View.
One of the great things about living on a boat is the amazing view. Whether you’re in a quiet anchorage or cruising through gorgeous tropical waters, you’ll always have a beautiful backdrop. And since many people are willing to pay top dollar for a waterfront property, you can rest assured that your neighbors will be some of the richest and most famous people in the world!
There Is Often A Wonderful Liveaboard Community.
When living on a boat, you quickly learn that you’re not alone! There is an amazing community of full-time liveaboards who share common values and experiences. From sharing recipes and advice to organizing social events and flotillas, there’s always something going on.
Amazing Nature And Wildlife
As if the community and views weren’t enough, living on a boat also gives you unparalleled access to some of the most amazing nature and wildlife in the world. Whether you’re spotting dolphins playing in your wake or whales breaching in the distance, you’ll never get tired of the incredible sights around you.
Do You Need To Worry About Pirates?
Pirates are a real concern for anyone sailing in open waters, but the risk is much lower than it used to be. There are now many ways to protect yourself and your boat from pirate attacks, so you can sail safely in the knowledge that you’re unlikely to encounter these criminals.
When you live on a boat, there are many benefits to consider. From the amazing views and community of like-minded individuals to the freedom from homeownership, living afloat can be an incredible experience. However, if you’re considering this lifestyle for your family it’s important that you take into account all of the considerations before making any final decisions about whether or not this is right for you. We hope these points have been helpful in giving you some insight into what life aboard a yacht would entail.