Cruisers Forum
 


Join CruisersForum Today

Reply
 
Thread Tools Rate Thread Display Modes
Old 10-07-2012, 19:50   #1
Registered User

Join Date: Dec 2010
Posts: 264
Images: 1
Want to register boat in Cayman Island

... has anyone done that and would mind to share his/her experience ?

Thanks in advance.
__________________

__________________
Zonker is offline   Reply With Quote
Old 10-07-2012, 20:33   #2
Registered User
 
Capt Phil's Avatar

Join Date: Jun 2010
Location: Stateline NV
Boat: Prior boats: Transpac 49; DeFever 54
Posts: 2,749
Re: Want to register boat in Cayman Island

Removed a US flag vessel from USCG Documentation due to the new owner not being a US citizen. Registered the vessel in the Cayman Islands using a Miami, FL marine title company while the boat was lying in Mexico and owner was abroad. Ask any Florida broker of the name of a reputable title company that handles this type of transaction. One additional piece of info you will need to register in the Cayman's is a Bureau Veritas marine survey which is very different that a US type marine survey. The surveyor must be licensed by Bureau Veritas and they are sometimes hard to find in North America. The survey will reveal the number of cannon you are licensed to carry according to the volumetric measure of your vessel, a piece of data you are desperate to know, I'm sure. Good Luck... Capt Phil
__________________

__________________
Capt Phil is offline   Reply With Quote
Old 10-07-2012, 20:42   #3
Registered User

Join Date: Jan 2010
Location: Narragansett Bay
Boat: Able 50
Posts: 3,057
Re: Want to register boat in Cayman Island

Are you sure you know what you are getting yourself into ?


Cayman is expensive for a private yacht. US$400 per year, plus regular survey, plus tonnage survey, plus annual tonnage fees, plus you have to be an EU passport holder, plus if you are not you will be up for annual corporate fees on your boat owning corporation etc etc

Cayman registration is best left to the big boys.
__________________
savoir is offline   Reply With Quote
Old 10-07-2012, 21:20   #4
Registered User

Join Date: Dec 2010
Posts: 264
Images: 1
Re: Want to register boat in Cayman Island

@Phil : Thanks - the interesting part would be the broker / registering via Cayman Island company. Btw dont need cannons ... you got free Royal Navy assistance ... :-)

@savoir : not everyone here is US citizen ... and have to say - most of what you wrote is not correct.
__________________
Zonker is offline   Reply With Quote
Old 11-07-2012, 07:07   #5
Registered User

Join Date: Jan 2010
Location: Narragansett Bay
Boat: Able 50
Posts: 3,057
Re: Want to register boat in Cayman Island

Mostly wrong eh ? Well I never was too bright.


By the way you'll have to hire a local agent, who will expect to be paid - unless I'm wrong again.
__________________
savoir is offline   Reply With Quote
Old 11-07-2012, 07:16   #6
Registered User
 
denverd0n's Avatar

Join Date: Jun 2008
Location: Tampa, FL
Posts: 3,952
Images: 6
Re: Want to register boat in Cayman Island

Quote:
Originally Posted by savoir View Post
...unless I'm wrong again.
Of course, if you're right, he'll find out for himself soon enough.
__________________
denverd0n is offline   Reply With Quote
Old 11-07-2012, 08:31   #7
Registered User

Join Date: Dec 2010
Posts: 264
Images: 1
Re: Want to register boat in Cayman Island

Guys ... I already own a Cayman Island company - so that is all clear. But I was looking for opinions of boat owners which have their boats registered in Cayman Islands and if they experienced any issues in foreign countries.

btw marine survey can be from :
- American Bureau of Shipping
- Bureau Veritas
- Det Norske Veritias
- Germanische Lloyd
- Lloyds Register of Shipping
- Registro Italiano Navale

and has of course nothing to do with EU ... :-)
__________________
Zonker is offline   Reply With Quote
Old 11-07-2012, 09:59   #8
Registered User
 
tbodine88's Avatar

Join Date: Mar 2012
Location: Austin TX
Boat: West Wight Potter 19
Posts: 719
Re: Want to register boat in Cayman Island

I had my boat registered in Antigua and had no problems entering any country along the Caribbean archipelago nor the United States.
__________________

__________________
tbodine88 is offline   Reply With Quote
Reply

Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off




Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -7. The time now is 15:49.


Google+
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.