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Moderator club

Posted: 21 Jun 2016

Taken: 19 Jun 2016

13 favorites     5 comments    643 visits

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boat •
bateau •
monaco •
french •
riviera •
sea •
mer •
seaside •

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Boat in Monaco

Boat in Monaco
I noticed how many boat are under the Georgetown (Cayman) flag.
Here's why : in nautical terms it's a flag of convenience = that registration, taxes, or other considerations make it more convenient than other country's.
For Yachts, it's more convenient to use the Cayman Islands or the British Virgin Islands.

Ecobird, @ngélique ❤️, , Pam J and 9 other people have particularly liked this photo

Comments
 Annemarie
Annemarie club
logvely and moody image
7 years ago.
 Mackedwars
Mackedwars
Audrey, los paraisos fiscales tienen estos pequeños detalles. Ya sabes. Pero tal vez no sean felices. Gran foto. Mis felicitaciones.

Eduardo.
7 years ago.
 Pam J
Pam J club
Generally known as the way to evade taxes !!
7 years ago.
Moderator club has replied to Pam J club
Exactly !
7 years ago.
 Ecobird
Ecobird club
A beautifully composed and delightful scene. Love the light patterns on the boat
7 years ago.

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