While at sea

Now you’ve set sail on this once in a lifetime opportunity, we’ve prepared a guide to help you through the super yachting industry.

PYA (Professional Yachting Association)

The PYA is an amazing organisation based in Antibes in the South of France and exists primarily to represent the interests of professional yacht crew. PYA offers a huge range of services to yacht crew such as ‘Service Record Books’ ‘Testimonials’, and much much more services to crew, making your career on superyachts as easy, as efficient and as professional as possible.

Here at YONZ, we HIGHLY recommend you become a member of the PYA which will expose you to all of this. Explore PYA’s website and become a member of this amazing organisation.

Setting Up an Offshore Bank Account

One of the most important steps in becoming a financially successful yachtie is having the correct bank accounts set up. As yachties, we are paid in either Euros or US Dollars. If you have your monthly salary paid straight into your home bank account you will likely be stung heavily with exchange rate fees when converting your money from Euros or US Dollars into NZ Dollars. This is why it is very important to have your salary paid directly into an offshore bank account to the currency of your choice eliminating these awful fees.

Here at YONZ, we highly recommend using the Wise (formerly Transferwise) international banking system where you are paid directly into your Wise account using the currency of your choice.

When opening a Wise account which is done by yourself and is very quick and easy, you will receive your own bank account number along with all other relevant information such as sort codes, IBAN’s, routing numbers and SWIFT/BIC codes which then allows you to be paid, deposit, withdraw and transfer money in and out of this account with absolute ease.

Within your Wise account you are also able to open further accounts of different currencies that you can move money between using a better exchange rate than your bank can provide, much lower fees than what your bank would charge and it can done be done in the matter of seconds. 

When you open your Wise account you will be sent your own multi-currency debit card which can be used at ATM’s all over the world using the local currency which makes it perfect for yacht crew who are bouncing around countries and using different currencies regularly.

Further benefits of yacht crew using Wise include:

  • Ability to hold and convert in 53 currencies
  • Send money to 80 countries
  • Users are charged as little as possible along with no subscription and no hidden fees.
  • Shop online with ease using the debit card and low exchange rate fees.
  • Known as ‘the travellers card’ 
  • Ability to use Google pay and Apple Pay
  • Spend and receive money from 53 currencies around the world
  • Account can be accessed by from your desktop and/or the amazing Wise app.
  • Very good global customer support system accessible in a range of languages.
  • Money is held in established financial institutions 
  • Regulated all around the world
  • Two factor authentication is used to protect your transactions

For more information about Wise offshore banking please follow the below link:

And if you think this is a bit of you and you are ready to open up your very own Wise account, please follow the below link to the Wise homepage. Good Luck!!

Get Your Ocean Going Passport, the ‘Service Record Book’

A ‘PYA Service Record Book’ is a full and true record of a seafarers certifications and service at sea. It is a highly recommended document that tracks your seagoing history for your own records, as well as for future employment demonstrating you have served when and where you say you have.

It also has other benefits such as providing leverage when applying for visas, helping crew obtain cheaper airfares by purchasing marine fare tickets, allowing for extra luggage (which depends on the airline and/or the travel agency), and also proof of identity and purpose when travelling from, to and through less familiar countries.

Obtaining an SRB is very simple, once you register with the PYA they will create your own very own SRB which they will either hold on to for you. When you progress through your career you will complete testimonials to verify your sea service, which the PYA then enters into your SRB on your behalf.

You will learn about sea service testimonials in one of the following pages.

Becoming a New Zealand Non-Tax Resident

If you are a New Zealand tax resident you are taxed on your “worldwide income”. That is income from New Zealand as well as from other countries. If you receive overseas income while you’re a tax resident of New Zealand, you’ll need to declare it with the IRD. Generally, New Zealand will give a foreign tax credit for any foreign tax paid.

When am I considered a tax resident of New Zealand?

You are a tax resident in New Zealand if you:

  • are in New Zealand for more than 183 days in any 12-month period and haven’t become a non-resident, or
  • have a ‘permanent place of abode’ in New Zealand, or
  • are away from New Zealand in the service of the New Zealand government.

What is the 183-day rule?

If you’ve been in New Zealand for more than 183 days in any 12-month period, you’re considered to be a New Zealand tax resident from the first of these 183 days. The 183 days don’t have to follow each other. If you’re in New Zealand for part of a day it is considered as being a whole day. If you’ve ever been resident in New Zealand under the 183-day rule you remain resident until you become a non-resident.

A permanent place of abode in New Zealand

A person, other than a company, who has a “permanent place of abode” in New Zealand is a New Zealand tax resident, regardless of how long they’ve been out of New Zealand. A place of abode will be a person’s:

  • permanent place of abode if it is a lasting or enduring place where they usually live, or
  • place in which they can live or dwell when required, in a locality with which they have a durable connection and that is a current focal point of their living.

To be a permanent place of abode the dwelling must be a place that the person is able and likely to live on an enduring rather than temporary basis.

This means that to have a permanent place of abode in New Zealand there must be somewhere in New Zealand that you could live, ie, a house or other dwelling. If there is somewhere in New Zealand that you could live then you need to consider:

  • what your ties and links with New Zealand are (presence in NZ, accommodation, family and social ties, economic ties, employment or business, personal property, intentions, benefits and pension), and
  • whether these are strong enough to establish that you have a permanent place of abode in New Zealand.

Am I still a tax resident when I have left New Zealand?

Yes until you have been out of New Zealand for 325 days in any 12-month period and you don’t have a permanent place of abode in New Zealand. If you’re here for only part of a day it’s counted as a whole day. The 325 days don’t have to be consecutive.

For further information and clarification, please visit the link below to the ‘International’ section of the Inland Revenue Department’s website.

Getting Your Cash Earnings Back to New Zealand

Getting money back into a New Zealand bank account is literally as easy as 1, 2, 3. There are a few money transfer websites and apps out there, but the one we highly recommend and use frequently is Transferwise.

Instead of being stung with large exchange rate fees when making a transfer from bank to bank, Transferwise does the transfer from Euros or US dollars to New Zealand Dollars for you with only a very small administration fee charged. Besides, it is a highly transparent, quick, and 100% legal transferring process. Don’t worry, you are not laundering money.

Transferwise can very easily be used online or over the app. Let’s get that hard-earned cash back home.

Completing Your First Sea Service Testimonial

Whether you work in the deck team, the interior department, as an engineer, a chef, an officer or a master, it is important that you complete a testimonial every time you sign off your vessel either for a holiday or permanently.

A testimonial is a document detailing who you are, the capacity in which you served (your role on board the vessel) the length of service provided to the vessel during this period under the different circumstances e.g ‘actual days at sea’ or ‘actual days with guests on board’, and the duties which you held or achieved.

It is very essential to have up to date testimonials, not only for yourself and your own official seagoing history, but also for potential employers who may want to check up on you and see that you have actually served the proclaimed times and locations. As well as when you are furthering your career in doing your Officers and Masters certificates. Having these up to date and precise testimonial records are very important for your career progression.

Visit PYA’s Guidance and Templates for Sea Service Verification to obtain the appropriate testimonial for you.

Once you’ve completed your testimonial form, send it back to the PYA where they will update their records.

International Sim Card – VeslSIM

Yachties of New Zealand have partnered with VeslSIM, a global roaming sim card provider that was created for yachties around the world. VeslSIM is offering a 25% discount on the first three billing cycles, all you have to do is follow the link and use the promo code below

Promo code: YONZ25

VeslSIM and Yachties of NZ

Working in this industry requires a large amount of travel; you jump from country to country during the summer season, then cross one of the oceans to another continent to do the same for the winter season. Additionally, crew take holidays and fly to countries close by to explore even more of the world. Keeping connected via mobile is essential, and the options out there can be either difficult, require multiple sim card changes (and phone numbers), expensive, or confusing. The implementation of E-Sims has made life easier for us, but there are next to no SIMPLE and manageable options when it comes to sticking to one number that works all over the world.

VeslSIM, created by an ex-yachtie, has developed a solution and a number of different mobile roaming plans to suit the different needs of crew around the world, making it hassle free to move between countries and not have to worry about keeping connected. No longer do you need to swap sim cards when moving around, this is a one phone number plan that can be used in numerous countries around the world.

They offer different options for crew depending on their individual needs and their location, but the chosen plan can be changed month to month, upgrading or downgrading, if need be, while keeping the same number. There are also no lock-in contracts, you can cancel at any time, and you just sign up to a 30-day rolling plan.

Key features offered by VeslSIM:

  • E-sim and physical sim options
  • +200 roaming countries
  • Calls, data and SMS
  • Upgrade / Downgrade between plans
  • Multi-network in many countries
  • All plans 30 days rolling contract
  • Bring your own number
  • Talk direct to VeslSIM with WhatsApp
  • Manage your account online (App in development)

VeslSIM logo, link to website

Keeping Your Employment Options Open with Yachtie Recruitment

Keep the great team at Yachtie Recruitment up to date with what you are up to by sending them an updated CV.

If you are on the hunt for your next position, or you may not be actively looking for your next position, it is still a good practice to keep your CV up to date and active just in case that dream position is available.

Fill out your details below, attach your CV and you’ll hear back from the Yachtie Recruitment team very soon.

    First Name

    Last Name



    Other Number / WhatsApp Number: Optional

    Date of Birth


    Please select the positions you are interested in.
    Desired Position: Deck

    Desired Position: Interior

    Desired Position: Galley

    Desired Position: Engineering

    Contract Type

    Relationship Status

    Looking to work as a couple

    Preferred Start Time

    Current Location

    Valid B1/B2 Visa


    Vessel Size

    Visible Tattoos

    If yes, describe the visibility.

    Additional Qualifications/Certificates

    Upload CV


    OOW Oral Prep – Ship Talk

    So you’ve made it this far have ya? Congratulations, now let’s help you put the icing on the cake.

    Please allow us to introduce to you James Sherwood from Ship Talk, the newest and smoothest oral prep operators in the business.

    With extensive experience in the yachting industry, there team of professional tutors will help you gain access to your future through online individual and/or group study sessions, mock oral examinations and continued support through email and whats app until that pint of Guinness is in your hand.

    The easy-to-use booking platform allows for ongoing consultations to be arranged at your convenience where they will provide insight into the world of yachting and its career progression options. 

    The online oral exam preparation sessions cater for both deck and engineering yachting tickets, as a bespoke offering for yacht crew, and with the ever-growing yachting fleet, opportunities are endless.

    Services Ship Talk offers include:

    Oral Exam Preparation

    • Deck
    • Engineering

    Career Guidance

    • Deckhands looking to progress in the yachting industry (Deckhand to Master)

    NOE Application Guidance

    • Helping deck crew through the application process and providing insight into the requirements and how to structure the correct information.

    The courses which are catered for include:

    • OOW 500gt Yachts
    • OOW 3000gt Yachts
    • Master 200gt Yachts
    • Master 500gt Yachts
    • OOW 3000gt Yachts
    • Buoyage
    • Small Vessel Second Engineer <3000gt & 9000KW (limited to Yachts)
    • Small Vessel Second Engineer <3000gt & 9000KW (Unlimited)
    • Small Vessel Chief Engineer <500gt & 9000KW 
    • Small Vessel Second Engineer <3000gt & 9000KW (limited to Yachts)
    • Career Guidance
    • NOE Application Guidance


    If you are interested in any of the above services and would like to make a booking, or you would like to just make a general enquiry with James, please fill out the below form, use the code YONZ and James will get back to you asap.

    Happy Studying!

      Receiving the correct Tax and Accounting advice in New Zealand

      Here at YONZ, we know and understand that complicated financial circumstances can arise. You may be uncertain where you stand with your offshore earnings from a tax residency perspective, or you may have some offshore earnings you would like to do something with, but are unsure how to structure your next step. This is why we have teamed up with Chartered Accountant Hamish Baker from ‘Baker Accounting’. Hamish understands and can relate to these challenges. He will work with you on each step to achieve your desired outcome.

      To get in touch with Hamish, fill out your basic details below, and Hamish will get in touch with you to schedule an appointment.


        Number: optional



        As yacht crew, we have a bad habit accumulating quite a bit of cash relatively quickly which ironically can be a bit of an issue.

        You may start asking yourself questions like:

        “What am I supposed to do with all of this money?”

        “How can I manage this money correctly?”

        “How do I know I am making the right financial decisions?”

        “Living expenses and interest rates are rising, how can I offset this?”

        Insert The Money Men!

        ‘The Money Men’  was founded up on the North Shore by two mates, Josh Farry and Kale Emery, with Josh also being ex Superyacht crew, so he understands exactly your questions and challenges.

        Their aim was to create a financial advice firm to create a movement to financially educate everyday New Zealanders.

        The finance industry can be very transactional. People don’t like to be sold to. They know this.

        They thought, why not create a business designed to give away good, free information and make it as easy as possible? That way people can make their own informed decisions when it comes to their money.

        This led to our radio segment on The Rock FM with Jay & Dunc – giving financial education to the nation.

        They are now a non-traditional finance “firm” that actually cares. We have a solid team of genuine people who give genuine advice. No hard to understand jargon here.

        ‘The Money Men’ team are here to help Kiwi’s be better with money and improve the financial literacy of all New Zealanders.

        The services ‘The Money Men’ provide include:

        • Money Management
        • Mortgages
        • Kiwisaver
        • Insurance

        If this sounds like a bit of you and you’d like to know more about these legends, please get in touch by filling out the below form and the team will get in touch to arrange a bit of a yarn.

          Kernel Wealth

          Built up a bit of a financial buffer while you’ve been a busy pirate and you’re not sure what to do with it?

          40% house deposit a bit out of reach?

          Stocks, Crypto and NFTs are just a bit too much to learn, keep up with, seem too volatile, scared of getting burned? 

          Haven’t discovered that golden business idea you’ve been dreaming of pursuing for years, that light bulb moment yet to arrive?

          Don’t worry we’ve got you covered, enter Kernel.

          Kernel is New Zealand’s latest and greatest investment company providing better and easier investment options to grow your long term wealth. Through their modern and user-friendly digital platforms, Kernel offers world-class investment funds and quality financial resources to effectively grow your savings over the long-term.

          Founded by financial guru Dean Anderson who comes from seven years working at the New Zealand Stock Exchange (NZX) where he started 19 Exchange Traded Funds (ETFs) saw a gap in the market to develop a smarter, fully digital, customer centric investment solution to help more Kiwis better manage and grow their wealth. 

          Kernel was then born, and along with a very savvy team of 30, is now one of New Zealand’s fastest growing investment providers based on Queen Street in the heart of New Zealand’s financial hub.

          So how does it work?

          1. Jump online to Kernel’s website 
          2. Create an account and profile (5 minutes)
          3. Choose your investment style e.g low-cost index fund
          4. Transfer cash into your Kernel Account
          5. Choose your fund to invest your chosen amount into 

          But what’s a Fund?

          Great question! A fund is where financial experts invest your money on your behalf in sectors/areas of your choice eg NZ 20 (the top 20 stocks on the NZX), NZ Commercial Property, S & P 500 (the top 500 stocks on the New York Stock Exchange or NASDAQ), Electric Vehicles, Sustainable Global Real Estate etc.

          These guys do the thinking for you so you don’t have to, all the while sticking to the investing strategy of your choice, everyone wins!

          If you have any more questions regarding any of the above or need some clarification please complete the form below using the code YONZ and one of the Kernel Wealth team will get back to you as soon as they can.

          Happy Investing.

            Personal Business Advice

            Here at YONZ we have an in-depth business knowledge and network of people that are ready to provide you the correct advice and services to see you get ahead personally, professionally and ultimately financially.

            We understand the challenges of taking the first step and connecting the dots so that you can efficiently progress in your desired direction, let us help you with that.

            Our team and networks have a very good understanding and can provide guidance, services and support in the following areas:

            • Setting up a business
            • Business partnerships
            • Crowd funding
            • Website development
            • Marketing 
            • Accounting
            • Contracts
            • Real Estate
            • Mortgages
            • Investing (stocks, cryptocurrencies, NFTs, Kiwisaver, Savings, Index Funds and Exchange Traded Funds)

            If you would like some guidance regarding any of the above, or in any other areas you’d like to chat about, please to fill out the below form, or reach out to us through [email protected] to arrange a free consultation and we’ll endeavour to get you on that path you’ve been aiming for.

              Royal New Zealand Yacht Squadron Overseas Membership

              Now that you are established overseas as a yachtie, we recommend you that you carry on your RNZYS membership with you around the world.

              What this does is it gives you reciprocal rights to 50 other Yacht Clubs all around the world.

              Please download the membership application file and resubmit your updated information to update your membership with the RNZYS.



                Upload Application


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