Cruising the Bahamian Turquoise
Gliding over the crystal-clear waters of the Exuma Cays on a 150-foot superyacht offers an unparalleled maritime experience. The Bahamas, with its 700 islands and cays spread across miles of shimmering turquoise waters, remains a premier destination for luxury yachting.
Navigating a private yacht charter requires balancing seasonality, vessel selection, and financial planning. From navigating shallow drafts to factoring in the Advance Provisioning Allowance (APA), planning your charter ensures a seamless, bespoke voyage tailored to your precise tastes.

Bahamas Yacht Charter Costs Breakdown
Understanding the financial structure of a luxury yacht charter is key to seamless planning. A charter contract is split between the Base Rate and operational expenses categorized under APA and Local Taxes.
1. Base Rates by Yacht Type & Size (Weekly Base Rate | Est. Total Investment)
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Luxury Power & Sailing Catamarans (50ft – 70ft LOA):
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Weekly Base Rate: $35,000
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Est. Total Investment (Base + 35% APA + 14% Taxes): $52,150
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Key Features: Exceptionally low draft for close-up anchorage access, high stability, and generous living spaces.
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Mid-Size Motor Yachts (100ft – 120ft LOA):
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Weekly Base Rate: $75,000
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Est. Total Investment (Base + 35% APA + 14% Taxes): $111,750
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Key Features: Shallow draft, speed, ample outdoor decks, ideal for island hopping across the Exumas.
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Tri-Deck Superyachts (140ft – 160ft LOA):
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Weekly Base Rate: $180,000
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Est. Total Investment (Base + 35% APA + 14% Taxes): $268,200
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Key Features: Stabilizers at anchor, expansive Gross Tonnage (GT), beach clubs, full water toy suites, and professional crews of 8–14.
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Ultra-Luxury Mega Yachts (180ft+ LOA):
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Weekly Base Rate: $400,000+
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Est. Total Investment (Base + 35% APA + 14% Taxes): $596,000+
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Key Features: Helipads, onboard spas, custom tenders, master suites on private owner decks, and world-class culinary service.

2. Operational Expenses (MYBA Terms)
Under standard MYBA (Mediterranean Yacht Brokers Association) charter terms, the base rate covers the yacht and crew salaries. All additional operational expenses are billed at cost:
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Advance Provisioning Allowance (APA): Typically 30% to 35% of the base charter rate. The APA functions as an expense account deposited prior to boarding to cover:
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Fuel (main engines, generators, tenders, and water toys).
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Food and premium beverages tailored to your preference sheets.
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Dockage fees and marina berthing charges (e.g., Staniel Cay Yacht Club or Highborne Cay).
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Communications and specialized onboard requests.
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Note: Any unspent APA funds are refunded at the conclusion of the charter.
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Bahamas Taxes & Fees:
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Value Added Tax (VAT): 10% applied to the base charter rate.
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Bahamas Cruising Permit Tax: 4% applied to the charter fee.
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Total local tax burden: 14%.
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Crew Gratuity: While discretionary, standard custom in luxury chartering ranges from 15% to 20% of the base charter rate, distributed among the crew for exceptional service.

Frequently Asked Questions
What is the overall cost of a yacht charter in the Bahamas?
The total cost of a Bahamas yacht charter includes the weekly base rate plus 30–35% Advance Provisioning Allowance (APA) for expenses, 14% for local Bahamas VAT and cruising taxes, and a customary 15–20% crew tip. Expect total expenses for a mid-size luxury motor yacht to start around $110,000 to $120,000 per week.
Why are shallow-draft yachts recommended for the Bahamas?
The Bahamian archipelago features extensive shallow sandbars and low-water cays. Shallow-draft yachts (typically drawing under 6.5 feet or 2 meters) allow captains to navigate close to secluded beaches and anchor in shallow harbors like Staniel Cay or Compass Cay without risk.
Is fuel included in the base rate of a yacht charter?
No, fuel is not included in the base rate under standard MYBA charter terms. Fuel costs for main engines, generators, tenders, and water toys are deducted from the Advance Provisioning Allowance (APA) based on actual consumption during your voyage.
When should I book a holiday charter in the Bahamas?
For peak holiday periods such as Christmas, New Year’s, and Thanksgiving, luxury yachts are typically booked 9 to 12 months in advance due to high demand and limited prime marina space in top spots like Paradise Island and the Exumas.