Cruisers Forum

Join CruisersForum Today

  This discussion is proudly sponsored by:
Please support our sponsors and let them know you heard about their products on Cruisers Forums. Advertise Here
Thread Tools Search this Thread Rate Thread Display Modes
Old 14-02-2013, 14:23   #1
Registered User
Clamdigger's Avatar

Join Date: Jul 2012
Posts: 314
Questions about buying a sailboat in Bahamas

Can someone advise me on what actual costs are involved when one purchases a 25 ft sailboat in the Bahamas and wants to bring it into the USA?

The boat is foreign owned (UK) and registered (UK), and has paid 'Bahamas Importation Fees I've been told.

Should I just keep it in the Bahamas since the 'Importation Fee' has been paid? Is this good for the life of the boat?, or does each new owner have to pay the 'Importation Fee'? Does it change hands with the boat's title?

I'm tempted to leave the boat there and register it in the Bahamas (is this possible for a non-resident?) I figured I want to go over and sail there anyway in the Fall of this year.

What are the costs to ship it on it's trailer over to Florida? Or would I be better off selling the trailer in the Bahamas, and having the boat sailed over on it's own?

What Taxes are due on the purchase? Are taxes due to the Bahamas or USA for my purchase price?

What are the Customs Duties for importing a $20k/ 25 ft sailboat?

Is this something that boat brokers handle regularly? At a fair rate? If I buy the boat sight unseen, except for the surveyor's remarks; is this normally handled with an 'escrow account' for the buying and selling parties, until the transaction is completed satisfactorily for the buyer (me)?

I'm thinking I need to be assured there are no boatyard/marina liens, unpaid bills due workmen, all paperwork/titles clear.

Essentially I've never bought a boat outside of the USA to bring in and want to know from someone who's gone through the experience. I want to know the upfront costs as clearly as possible before I buy it so I don't end up 'buying the boat twice'.

Thanks...been lurking/reading this forum for years and enjoy it every chance I get.
Clamdigger is offline   Reply With Quote

Bahamas, buying, sailboat

Thread Tools Search this Thread
Search this Thread:

Advanced Search
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

Advertise Here

Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -7. The time now is 19:46.

Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2019, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2019, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.