How Brexit Made It a Great Time to Buy a Yacht
One of the few certainties in the post-Brexit United Kingdom: It’s a good time for everyone to travel there and shop. The pound’s plummet has made goods more affordable for those using other currencies and the more expensive the item, the greater the savings.
The result is an unexpected boon for British luxury goods, including yachts. Suddenly they’re available for hundreds of thousands—or even millions—of dollars less than they were just a month ago. (Not that yachts were ever exactly affordable: The most elaborate superyachts can cost over $1 billion, with yearly operating costs that can run another $20 million to $30 million.)
To learn more about this abrupt change in the market, click here.