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Old 18-07-2016, 15:06   #16
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Re: Buying a Boat in Venezuela

No camines, corrreeee!!!!

Steve
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Old 18-07-2016, 15:27   #17
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Re: Buying a Boat in Venezuela

Another thing to consider is the currency situation: the Bolivar's official rate is a fantasy - on the black market it is nearly worthless. Said another way, the US dollar buys a lot more Bolivars on the black market than on the official one. The person selling this boat will certainly insist that payment is made in dollars outside the reach of the Venezuelan government. Do that while the transaction happens inside of Venezuela and you could find yourself in the middle of a black market transaction, and the Venezuelan government would have every reason to hold, or even confiscate, the boat. Or attach a lien to it. [Edit: Or throw you in jail for evading their currency laws.] Doing everything outside the country might keep you on the right side of the law but a lien could still ruin your day. Caveat emptor.

Greg
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Old 01-08-2016, 22:17   #18
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Re: Buying a Boat in Venezuela

Thanks. The owner is not a Venezuelan and I'm actually an Australian national living in USA - but main question is what would be the safest and legitimate for sale transaction? What about going with a small team of mercenaries that specialize in pirates? Yes I've been talking to contractors
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Old 01-08-2016, 22:47   #19
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Re: Buying a Boat in Venezuela

As far as getting the boat out of Venezuela, using mercs may be very problematic. Better to talk to the agent the owner is using in Venezuela and see if a navy escort could be arranged (be prepared for a gratuity) and head straight north. They do sell a wide array of weapons in country but whether you could buy them I don't know. At least on paper for Venezuela's needs it should leave under current ownership, or risk paperwork problems (and more gratuities and possibly taxes).

The question of venue is difficult - I hope someone will weigh in who knows a good one. Ideally you need an honest banking system to hold your money in escrow and to transfer funds/ownership. And a government that is not going to try to collect sales tax and such. And where the boat can sit while completing the process and receiving new documentation (which could take some time). Perhaps Panama, Trinidad, or the US, PR, or USVI.

It should go without saying that proof of provenance be absolutely ironclad or documentation could be impossible. That means a trail of ownership back to the original builder - a current document should provide that, but be certain that you will have enough to satisfy the authorities wherever you plan on documenting her.

Good luck,

Greg
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