I brought my boat into USA in January. I was told to say "I wish to make formal entry".
And this would begin the process of importation and, ultimately, import
guy had no idea what I was talking about - and nothing happened.
I made some inquiries but I really did not know what to do to import
and pay the duty.
I was very busy fitting out the boat until April when I traveled to Bahamas
I then tried again through the boat broker
who put me in touch with his custom's broker.
They told me to do the same thing again when returning to the USA.
"formal entry - pay duty etc"
I arrived on a Sunday and the customs
agents cleared me and then told me to come back to another office on Monday. I did, and they had no idea what I was talking about.
In any case the broker then handled it all with a customs bond(boat broker's) and I wired the money
, and apparently the duty is paid.
So -imperative to use a customs broker and be pro-active to pay it.
total about 1.7% of closing statement.