Escapees. Many are long-term cruisers, I’m sure, but many are not. They are getting out while they can, with some assets. It’s been a common dodge for decades. Sink every Rand or Franc or Euro into a yacht, then sail away and don’t return. It’s a way to avoid currency export controls, and possible hyperinflation or devaluation that may be next. Turn the digital money into a real asset, then sail away on it.
That makes sense. How many Frenchmen really know what is happening?
.005% ?
Wouldn’t the viability of this dodge depend on being able to sell these maxed out yachts somewhere else without taking an utter beating? Are there a lot of customers for them in, say, Florida?