I called them and they told me it is not transferable. I asked why? and the upset woman on the phone told me:" because we want more $, moron!!!"
Ha ha good one!
Unfortunately it's the truth...prices for licences have gone times 4 since Mr JAA came along!
And what you say about VAT is a hard fact. Imagine; your parents paying taxes for the lawyers and doctors studying for years and years and we wannabes paying even more taxes on top of the self financing - 21% in Belgium!
I like flying a lot but sometimes, I wonder if being a surgeon would have been equal exiting?? - and fly for fun in your VLJ!
Keep the faith!