1. I have been doing a lot of research
, and I have come up with British virgin island as the best place to register my boat in the future, but am I right?
fee is $100+YBDSA tonnage survey
, but you can get a 6 months grace period for the survey
and do it in BVI instead of USA.
2. How about Guam
? new or renewal is $20 a year.
3. I will probably use the boat around Thailand
later and sell it there too, and using cruising permits in these countries. Any problems selling a boat in Asia
that is registered in BVI or Guam
4. Also, I read this at slapdash"If our boat was registered in St. Lucia and we had Canadian passports and were trying to enter Nicaragua
you can imagine how complicated things could get." Will there really be complications for me when I enter different countries with a boat with different nationality from me? I cannot really understand the problem as long as the boat is registered in my name.
5. Is there really any downside, expect that you need cruising permit
in the country you will be using the boat at?
I'm an European citizen, so there should be less trouble doing the registration
myself than for Americans for BVI. I will purchase
the boat in USA btw, and probably Gemini
I do not want to set up a company, so that exclude some places and countries too. I will just list different countries I have looked into:
, seems expensive, $1,500 over 2 years, I think.
* Cayman expensive, $400 per year +++
, 10% import
, 5.4% VAT of more.
*Other excluded: Gibraltar
*Thailand, expensive if you don't have a work permit
and right visa
*Malaysia, maybe 10-15% of boat value in registration