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Old 09-10-2012, 17:32   #1
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Not for sale to US citizen?

Why are some boats "Not for sale in US Water or to US Citizen/residents?

Being a US Citizen means I could not bring it back and register it with US Coast Guard?

Thanks for the advice in advance!
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Old 09-10-2012, 18:12   #2
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Re: Not for sale to US citizen?

Quote:
Originally Posted by tookish1 View Post
Why are some boats "Not for sale in US Water or to US Citizen/residents?

Being a US Citizen means I could not bring it back and register it with US Coast Guard?

Thanks for the advice in advance!
This comes from the fact that the boat is in US waters without posting a bond.

This is the relevant paragraph from CPB:
Boats for Display, Testing, or Race
Vessels that are entered into the United States for display at boat shows, testing, to take part in a race (not for money) and will not be in the United States for more than 90 days, may be admitted without formal consumption entry or bond. A certificate identifying the boat will be issued to the importer and must be delivered with the vessel to the CBP office at the point of departure from the country. If a vessel entered for such purposes will be in the country for more than 90 days the importer will be required to post a bond. Any boats entered for sale or for sale on approval are not eligible for the Temporary Importation Under Bond (TIB) program and must be entered as a formal entry on a form CF7501.
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