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Old 25-12-2014, 01:35   #16
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Re: Buying a yacht from Cuba

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Originally Posted by s/v Moondancer View Post
To be practical...

You cannot sensibly transfer lots of $ to a country without a real judicial system.

Look at the boat and if you want to buy it have them take it to a French or British Island were the deal can be done with 1st world jurisdiction.
Cuban juridical system is spanish by heritage. Very bureaucratic so every document must be filled and filed right, but eventually it works if you have the time and patience. Best to check and double check all the needed facts from embassies before rushing into it. Get a local solicitor. Start with visa, believe you must have business visa before any authority can deal with you considering any commercial transaction.
BR Teddy
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Old 25-12-2014, 05:28   #17
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Re: Buying a yacht from Cuba

Setting aside all the bickering over evil regimes and such...

Could you share what kind of boat, condition of the boat and price? Cuba isn't known as a hotbed of yatch buying. I suspect when you step back and consider with an unbiased eye, it's just not worth the trouble.
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Old 25-12-2014, 07:13   #18
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Re: Buying a yacht from Cuba

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Originally Posted by s/v Moondancer View Post
To be practical...

You cannot sensibly transfer lots of $ to a country without a real judicial system.

Look at the boat and if you want to buy it have them take it to a French or British Island were the deal can be done with 1st world jurisdiction.
+1. Based on a few cases involving others I understand that the common reason for someone to try to sell a cruising boat in Cuban waters (that will lead to lower price than same sale in BVI) is that they have some sort of problem with Cuban authorities that will prevent the owner from taking the boat out of Cuba. Google can find you a couple of those examples.

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Old 25-12-2014, 08:25   #19
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Re: Buying a yacht from Cuba

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Really? The only boat you can find on the planet is in Cuba?

The risk/reward quotient is a bit too high, I think, given that there are boats everywhere.

Sorry, didn't mean to be offensive. What I was trying to say that the boat would have to be a great deal in order to take that kind of risk, as it's not like the Cuban government is likely to protect the buyer in such a transaction. So tread carefully. You're right, however, to search for someone who has successfully completed a similar transaction.
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Old 25-12-2014, 08:51   #20
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Re: Buying a yacht from Cuba

A few posts have been removed for being much less than nice.
Please keep it civil, hey, its Christmas after all.
Cheers
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Old 25-12-2014, 17:23   #21
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Re: Buying a yacht from Cuba

There are 12,240 used sailboats for sale from 30 to 40 feet on the Yacht World web site. Why one would want to even consider all the trouble of trying to buy one in Cuba is beyond me. Some member, whose post has been removed, thought that the "buying in Cuba" issue would be an interesting thread. No question in my mind about that. But in that vein, how about a thread about buying a sailboat in North Korea?

Good luck with the purchase of a boat in Cuba. One will need plenty of it.
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