take hold of your future

Fast-Track Your Yachting Career

At Poseidon, we enable you to chase your dreams, travel the world, find financial freedom, and experience life to the fullest

Expert Advisors

Empowering Yacht Crew with Tailored Financial Strategies

At Poseidon, we understand the unique financial challenges that come with a career in the yachting industry. From the moment you decide to embark on your yachting journey, to the day you transition to life beyond the sea, our mission is to ensure your financial security is always in focus.

With a deep understanding of the yachting industry, we offer bespoke financial strategies tailored to the lifestyle and career trajectory of yacht crew. Whether you’re just starting your career, in the middle of it, or planning your next steps, we provide the tools and guidance needed to secure your financial future.

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Let's Unlock Your Potential

Whether you’re launching your yachting career or preparing for life after the sea, We’re here to ensure your financial journey goes smoothly.

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What We Can Do

Our range of consulting and advisory services

Accelerate Your Yachting Career

We help you navigate the complexities of entering the yachting industry, from budgeting for certifications to understanding the costs associated with travel and accommodation in yachting hubs.

Tailored Financial Solutions

Whether you’re preparing for your STCW certification, managing travel costs, or budgeting for life at sea, Poseidon Wealth provides financial strategies that are customized to your individual needs and career stage.

Planning for Life Beyond Yachting

We help you prepare for your future by creating long-term financial plans that include savings, investments, and retirement strategies.

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Decades of Expertise in Financial Advisory

We understand that success looks different to everyone. Our advisors are here to offer the guidance you need to make informed decisions.

Industry Insight

Our team is well-versed in the costs, certifications, and logistical requirements specific to the yachting world.

Comprehensive Financial Planning

We develop tailored financial plans that cover every aspect of your journey, from startup costs to long-term wealth building.

Risk Management

We offer expert advice on health and travel insurance, seafarer protections, and risk management tailored for maritime professionals.

Long-Term Wealth Building

Our strategies are designed to help yacht crew transition from a career on the seas to financial independence on land.

Let us help you With Your budget

You Will Need
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Training and Certification Costs
  • STCW10 (Basic Safety Training): R9,200 – R10,200.
  • Powerboat Level 2: R4,400 – R5,850.
  • Food & Hygiene Level 2: R3,450 – R3,999.
  • Deckhand Course: R5,750 – R8,500.
  • Stewardess Course: R7,900 – R10,370.
  • Chef Course: R20,500 (based on one price obtained for an IYT accredited course).
  • PWC Instructor Course: R9,500 – R10,000
Travel and Visa Logistics
  • Schengen Visa: Approx. R1,600 (80 EUR).
  • B1/B2 Visa (for US): Approx. R3,515 (185 USD).
  • Visa Agent Assistance Fee: R3,000 – R4,000.
  • Flights to the US: R26,000 – R35,000.
  • Flights to Europe (Mediterranean): R25,000 (in season).
  • Travel/Health Insurance (90-day coverage):
    • TIC: R3,100 – R5,435 (varies with coverage).
    • IMG Patriot Lite: R2,309 – R3,317.
    • Expatriate Group: R6,336 – R11,005.
Living and Working Abroad
  • Monthly Living Costs (in a yachting hub): Approx. R40,000 (includes accommodation, food, transport, etc.).
Seaman’s Book
  • SAMSA Seaman’s Book: R2,000 – R3,000 (agent service fee included).
Miscellaneous
  • International Driver’s License: R265.
  • Passport: R600.
  • Total Initial Investment (Deckhand): R88,165 (includes all certifications, travel, and initial setup costs for Europe).
  • Total Initial Investment (Stewardess): R94,080 (includes travel to the US and certification costs).

 

This budget will vary depending on location, lifestyle, and how you manage costs like accommodation and meals. It’s crucial to have a solid financial plan, as walking the docks can be unpredictable, and finding a job may take longer than expected.

Our Partners

PaperBoat Yacht Academy is an international yacht training center with a unique, holistic approach to yachting. Their approach has demonstrated remarkable success in enhancing your employability and overall success in the yachting industry, setting them apart from traditional yacht training methods.

Innovative Financial Advisor Services specializes in widening your view, plugging your risks, and building your future; securing the legacy you have worked so hard on. In a time of increasingly complex financial considerations, longer life expectancy and political uncertainty, it is more important than ever to feel empowered when it comes to your holistic financial portfolio.

Yachties 4 Yachties will equip you with every possible qualification and hands-on experience you would require to start yachting successfully and land a job fast. They have all the knowledge and experience needed to help you obtain your B1 B2 Visa, Schengen, Seafarer, and other visas around the world.

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Let Us Get You To Your Destination

Thinking about starting your journey?

Get all the information needed to make an informed decision about the best option for you, including financing.

Already started but need assistance reaching your destination?

Whether you're planning, training, or nearly there, let our team help you reach your destination by giving world class guidance and financial advice.

Need To Reach Your Financial Goals?

Our dedicated team of advisors will help you build your wealth while you are on your journey, and ensure you're well-prepared for life after it, achieving your financial goals along the way.

Schedule A Consultation

The future waits for no one. Schedule a call with us today!

Client Feedback

Let's Hear From Our Clients

Across our organisation and our partners, we have worked with 1000s of happy clients, who can attest to the quality of our services.

Poseidon guided me through the financial complexities of starting my yachting career. Their expertise made it easier for me to focus on my job, knowing my financial plan was secure.

Kyle Fredericks Yacht Deckhand

The team at Poseidon Wealth provided invaluable financial advice that helped me budget efficiently while I transitioned into yachting. Their insights into the industry were spot on."

Tristan Van Rooyen Yacht Stewardess
Lets Connect

Get In Touch With Our Team

Telephone

+27 83 227 5457

Contact Us

info@poseidonwealth.co.za

Our Address

Sitari Country Estate, Main Gatehouse Office Park, Block B, 1st Floor, Old Main Rd, Croydon, 7130

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Whether you are just beginning your journey or planning for the next phase of life, we’re here to provide expert financial advice that sets you up for success.

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