Tax Free 'ResidenSea' To Set Sail in 2001
'ResidenSea', a floating
village that will cruise the globe all year round is due to
set sail in December 2001. The boat is currently being built in
Norway and nearly half of its 101 apartments have been sold. ResidenSea's
UK agent has said that the majority of buyers are 'very wealthy
people from 35 to 55, who want to enjoy a new kind of lifestyle
at sea'. The remaining units are being sold now and start at £1.6
million sterling, with the most expensive apartments going for
over £6 million sterling each. The ResidenSea is the brainchild
of Norwegian shipping tycoon Knut Kloster Jnr and offers its owners
the chance to enjoy a tax-free life on a Bahamas-registered ocean
liner bigger than the QE2, which will sail from port to port stopping
only for big events such as the olympics. Residents will have
access to a high-tech office centre to run their businesses as
well as guest suites to accommodate staff and clients. The ship
will also feature a shopping mall, restaurants, cinema and theatre,
swimming-pools and tennis courts, casino, golf and hospital. Owners will pay a annual service
charge of about four per cent of the cost of their apartment,
for the operation of the ship and its ample facilities, which
on a £1.6 million apartment will be a hefty £64,000 a year. Anyone for e-commerce? Your
freshly-shot Scottish grouse with Perigord truffles will be dropped
by helicopter from the nearest LOWTAX-listed tax haven. .
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