Originally Posted by ChrisTinaBruce
Any idea why it is not for sale
to US resident in US waters, although for sale in Ft. Lauderdale , FL?
Any non-USA built vessel which has never paid USA Customs
duty, or a USA built vessel that has been exported and is currently foreign flagged, can not be offered for sale or charter
to US citizens while in USA waters until making a formal USA entry.
USA duty, assessed at 1.5% of the appraised value, is a one time taxable event. A duty free formal entry can be made if duty had previously been paid and can be proven with a receipt or a returning USA built vessel.