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Old 22-01-2018, 13:30   #1
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Purchasing a boat in a foriegn country.

I will be retiring soon and want to spend a few years cruising the SEA area. I would rather purchase a boat in that area rather than the US where I a citizen. Is there any problem I might have owning a boat with a different registry than my passport?

Anyone have suggestions on the countries with the best market where I could start my shopping?
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Old 23-01-2018, 05:56   #2
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Re: Purchasing a boat in a foriegn country.

No, it is not a problem for you to own a foreign flagged boat.
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Old 24-01-2018, 19:12   #3
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Re: Purchasing a boat in a foriegn country.

I actually think it's very common.. As long as you pay the appropriate taxes, possibly import fees if you intend to stay there for a very long time, but otherwise, most people in my group have done exactly what you are asking.. No biggie at all.. good luck with your search and purchase of your new boat.
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