Originally Posted by psiow
Hi. Can I seek advice from anyone who knows of a foreigner purchasing
a sailboat in the U.S. You see after buying
a boat in the US I don't intent to immediately move the boat out of the US but would like to keep it in the US for at least one year before taking it back to my country.
I know I cannot register the boat as a USCG documented boat since I am not a US citizen. I also think I cannot register it with the DMV since I don't have a social security
Helpless! Has anyone done this before?
We purchased a USCG registered vessel in 2013.
As soon as a foreign national completes a bill of sale USCG deregistration proceedings commence.
We registered on the Australian Ships register. It took 10 months to complete the process.
Our documentation broker found an expired lien during the closing process. We withheld funds until the original owner addressed the issue.
A bank had failed to update their records back in the 90s. This took 6 weeks to resolve.
We then had to deal with bureauracracy from the Aussie side. Good thing we planned to stay in the US. Not sure how we would have left the US without some form of registration.
If you dont have an SSN you cant register it with the DMV. An Australian must by law register a vessel outside of Australian waters on the Aussie ships register. State registration, either in Australia
or overseas, is not an option.
You can normally request a provisional registration from your home country ships register. For an additional cost.
You can also explore flag of convenience registration. Most require you lodge a substantial bond. Ie $50k.
If you leave it on the hard
you could leave it unregistered. In a marina you will need to be insured. This means you need to have applied for registration somewhere.
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