Cruisers Forum
 


Join CruisersForum Today

Reply
 
Thread Tools Rate Thread Display Modes
Old 20-10-2013, 14:12   #1
Registered User
 
ricorrea2002's Avatar

Join Date: Oct 2013
Location: BVI
Boat: Morgan 43
Posts: 38
Buy a sailboat being foreigner

Hi, I'm argentinian. I'm planning to buy a boat in Florida and sail in Caribbean.
I have saviongs in US bank.
Which are the requirements to buy a boat for a foreigner in US?
Thanks
__________________

__________________
ricorrea2002 is offline   Reply With Quote
Old 20-10-2013, 14:16   #2
Senior Cruiser
 
Vasco's Avatar

Cruisers Forum Supporter

Join Date: Apr 2004
Location: Toronto
Boat: CS36Merlin, "La Belle Aurore" Ben393 "Breathless"
Posts: 7,139
Re: Buy a sailboat being foreigner

Money, that's all you need.
__________________

__________________
Rick I
Toronto in summer, Bahamas in winter.
http://groups.yahoo.com/group/beneteau393/
Vasco is online now   Reply With Quote
Old 20-10-2013, 15:02   #3
Now on the Dark Side: Stink Potter.
 
CSY Man's Avatar

Cruisers Forum Supporter

Join Date: Aug 2003
Location: Ft. Lauderdale
Boat: 2001 Albin 28TE.
Posts: 3,399
Images: 115
Re: Buy a sailboat being foreigner

Yeah, no other requiremnts than money or a line of credit.
This is the land of the free and everything is for sale, and I mean everything....
__________________
Life is sexually transmitted
www.odincharters.com
www.susanhanssen.com
CSY Man is offline   Reply With Quote
Old 20-10-2013, 15:05   #4
Registered User
 
stevensc's Avatar

Join Date: Nov 2007
Location: Thibodaux, Louisiana
Boat: Monk 36 Trawler
Posts: 679
Re: Buy a sailboat being foreigner

I sold my Camano Trawler to a Swede a few years ago. He transfered payment to my account, once verified we went to a notary public and had a bill of sale passed. That boat was Coast Guard Documented so a proforma bill of sale was part of the documentation.
He had the boat trucked from Houma, Louisiana to Brunswick, Georgia and she sailed a few days later. All very easy.
Florida is about the easiest place you could think of doing this, there are lots of people there with this experience.
Be sure you are aware of tax possibilities I don't know if you would have to pay Florida sales tax maybe it will depend on how many days the boat stays in Florida waters after the sale. Check to be sure.
Buena suerte, Viento en Popa!
Steve W
__________________
stevensc is offline   Reply With Quote
Old 20-10-2013, 15:17   #5
Now on the Dark Side: Stink Potter.
 
CSY Man's Avatar

Cruisers Forum Supporter

Join Date: Aug 2003
Location: Ft. Lauderdale
Boat: 2001 Albin 28TE.
Posts: 3,399
Images: 115
Re: Buy a sailboat being foreigner

90 days in Florida without paying sales tax, then either pay or move the boat to some other country or state.
__________________
Life is sexually transmitted
www.odincharters.com
www.susanhanssen.com
CSY Man is offline   Reply With Quote
Old 20-10-2013, 16:34   #6
Marine Service Provider
 
boatpoker's Avatar

Join Date: Nov 2008
Location: Toronto, Ontario or Bahamas
Boat: Benford 38 Fantail Cruiser
Posts: 2,593
Re: Buy a sailboat being foreigner

Only a US citizen or a US corporation may own a USCG Documented vessel.
__________________
That hysterical laughter you hear as you sail a way in your "new" boat ..... is the seller.
boatpoker is offline   Reply With Quote
Old 21-10-2013, 14:31   #7
Registered User

Join Date: Oct 2012
Location: Noank CT
Boat: Dufour 2800
Posts: 56
Re: Buy a sailboat being foreigner

You'll need a visa (usually B1/B2 tourist) to enter the USA. Once you've made payment, you need to document the transaction to show proof of ownership.
Only US citizens can document with US coastguard. State registration requires you to have a US address. You will have to pay tax if you do not remove the vessel from Florida state within 90 days. I believe you can apply for an extension if the vessel is being repaired. (You have to show proof - invoices from boatyard)
You will have to register the boat under a country's flag if you want to travel internationally with it. Not sure how easy it is to do this with Argintinian marine authorities. Some countries require the boat to be in the country and be surveyed before it can be flagged. Find out about this and get the necessary paperwork before you leave Argintinia.
You will have to apply for a cruising permit if you plan on cruising in the US.
Good luck
__________________
Craig Cape Town is offline   Reply With Quote
Old 22-10-2013, 11:19   #8
Registered User
 
ricorrea2002's Avatar

Join Date: Oct 2013
Location: BVI
Boat: Morgan 43
Posts: 38
Re: Buy a sailboat being foreigner

Thanks folks for your reply.

Yes I have Visa B1/B2. I don't want to register as USCG Documented vessel.

I hope to stay in Florida less than 90 days.

But I think, I cann't flag as Argentinian boat while I'm in US.

So, my last question is as soon IŽll buy a sailboat, can I sail to Caribbean, with documentation you fellows said (ie stevensc) ??
__________________
ricorrea2002 is offline   Reply With Quote
Old 22-10-2013, 11:37   #9
Marine Service Provider
 
boatpoker's Avatar

Join Date: Nov 2008
Location: Toronto, Ontario or Bahamas
Boat: Benford 38 Fantail Cruiser
Posts: 2,593
Re: Buy a sailboat being foreigner

You seem to be asking the same question again ...

- You cannot own a US registered vessel.

- You will run in to serious problems if you try to land in another country in a US documented boat that you do not own.

- You will run into customs problems with a US state registered boat if you land in any country other than Canada or the Bahamas where they regularly see state registered vessels and are familiar with them.

I do Federal Tonnage Surveys and registry consulation for boats to be registered in Canada. These boats are often located in other countries when I do the work. I have also been involved in registering boats in BVI when the boat was in France and a boat in Canada that was registered in England. Don't assume you cannot register the boat in Argentina until you talk to authorities there.
__________________
That hysterical laughter you hear as you sail a way in your "new" boat ..... is the seller.
boatpoker is offline   Reply With Quote
Old 22-10-2013, 12:26   #10
Registered User
 
ricorrea2002's Avatar

Join Date: Oct 2013
Location: BVI
Boat: Morgan 43
Posts: 38
Re: Buy a sailboat being foreigner

yes, boatpoker, I'm asking approximately the same questions. It was because I've received different answers.


Thanks for your opinion
__________________
ricorrea2002 is offline   Reply With Quote
Old 22-10-2013, 12:35   #11
Marine Service Provider
 
boatpoker's Avatar

Join Date: Nov 2008
Location: Toronto, Ontario or Bahamas
Boat: Benford 38 Fantail Cruiser
Posts: 2,593
Re: Buy a sailboat being foreigner

Just to be clear, only my last sentence is an "opinion". Everything else are "facts" that I deal with routinely in my delivery, survey and registry business.

I am not taking offence, I just want to ensure that you understand
__________________
That hysterical laughter you hear as you sail a way in your "new" boat ..... is the seller.
boatpoker is offline   Reply With Quote
Old 22-10-2013, 12:42   #12
Registered User

Join Date: Apr 2011
Posts: 2,243
Re: Buy a sailboat being foreigner

You cannot own a US documented vessel, so when you buy it you will have to de-document it, and re-register it with another authority. The options are 1) with the DMV in one of the US states or 2) under the flag of another country

The US DMV registration will not be very good for travelling to other countries.

When I bought my USCG-documented boat I was not a US citizen, so the registration was transferred to the DMV. Fine for cruising in US coastal waters, not good for travel further afield.

It strongly makes sense for you to transfer it to Argentinian registration, or so it seems to me.
__________________
MarkSF is offline   Reply With Quote
Old 22-10-2013, 12:49   #13
Nearly an old salt
 
goboatingnow's Avatar

Cruisers Forum Supporter

Join Date: Jun 2009
Posts: 13,649
Images: 3
Re: Buy a sailboat being foreigner

Around the world , there are several registries that accept citizens of any nationality, furthermore if you wrap the boat up in a corporate entity ( even temporarily ) you can access many registries. for example Malta is an easy one, with no inspections if the boat is under 20 years ( and there is a provisonal registration process)


Note that many registries have provisional registration services


Deflag in the US, get your bill of sale , reflag ( provisional) , and away you go. You can reflag as required in your home country when its practical.

The world is bigger then the US.

dave
__________________
Check out my new blog on smart boat technology, networking and gadgets for the connected sailor! - http://smartboats.tumblr.com
goboatingnow is offline   Reply With Quote
Old 22-10-2013, 12:54   #14
Registered User

Join Date: Aug 2013
Posts: 164
Re: Buy a sailboat being foreigner

If you register a corporation in say, Delaware, with two US citizens named to the board of directors you can then register the boat in the name of the corporatin.
__________________
Tantalus is offline   Reply With Quote
Old 22-10-2013, 15:49   #15
Registered User

Join Date: Nov 2012
Posts: 10
Re: Buy a sailboat being foreigner

I'm going through a similar process, but I'm Canadian and thinking about buying a boat in Panama to eventually sail it through the Caribbean and up the East Coast to Canada.

This is my first boat and so not at all familiar with the process.

If the boat is registered in the US (and since I can't own it from what I've read), can I de-document it from Panama and get my Canadian flag from here as well? Can I do everything from my computer/phone in Panama?

Any Canadian knows who/where to knock to obtain Canadian Flag (I'm assuming the Coast Guard)?

Thanks,
Ben
__________________

__________________
JamesBen is offline   Reply With Quote
Reply

Tags
sail, sailboat

Thread Tools
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




Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -7. The time now is 15:46.


Google+
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.