Cruisers Forum

Join CruisersForum Today

Thread Tools Rate Thread Display Modes
Old 01-10-2015, 13:53   #1
Registered User

Join Date: Aug 2015
Location: Cali, Colombia
Posts: 4
three countries: question regarding flagging

Hi All,

I have a bit of a newby question. I don't understanding much about how ownship and flagging works.


My country of residence is Colombia.

My citizenship is US.

Can I be a registered owner on a boat flagged in Canada, Spain, or somewhere in the Carib?

What about a fractional situation?


StevenP is offline   Reply With Quote
Old 01-10-2015, 14:24   #2
Registered User
Zanshin's Avatar

Join Date: Feb 2007
Location: Caribbean
Boat: Jeanneau 57
Posts: 1,540
Re: three countries: question regarding flagging

Each country has its own rules on boat registration.

Several countries in the Caribbean are flags of convenience and don't require either citizenship or residency in order to allow boat registration. For instance the BVI (or the Bahamas or Barbados) will let you register a boat there under the "Red Ensign" regardless of citizenship or residence or even of boat location; but there are recurring fees associated with doing so.
-Zanshin (SV Zanshin)
Zanshin is offline   Reply With Quote
Old 01-10-2015, 14:28   #3
Registered User

Join Date: Jun 2009
Location: Somewhere
Boat: Boatless
Posts: 1,016
Re: three countries: question regarding flagging

US will be cheapest and easiest given US citizenship.
Most flag-of-convenience countries will require you to set up a corporation there and they will be more expensive (initially and anually) anyway. It is only worth it if you have a good reason to pay the extra cost.

Sent from my GT-I9192 using Cruisers Sailing Forum mobile app
svlamorocha is offline   Reply With Quote

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

Similar Threads
Thread Thread Starter Forum Replies Last Post
Canadian Flagging and Taxes Red Herring General Sailing Forum 10 06-07-2015 18:53
Yellow flagging the Bahamas? jhovan Atlantic & the Caribbean 68 05-02-2014 09:14
Flagging My Boat, Captains and Insurance toddsgirl0323 Dollars & Cents 28 04-08-2011 21:27
Flagging a boat bought in the Caribbean?? Salacia Atlantic & the Caribbean 10 04-11-2008 08:10
Question regarding licence number Acoron Meets & Greets 14 11-07-2008 12:59

Our Communities

Our communities encompass many different hobbies and interests, but each one is built on friendly, intelligent membership.

» More about our Communities

Automotive Communities

Our Automotive communities encompass many different makes and models. From U.S. domestics to European Saloons.

» More about our Automotive Communities

Marine Communities

Our Marine websites focus on Cruising and Sailing Vessels, including forums and the largest cruising Wiki project on the web today.

» More about our Marine Communities

Copyright 2002-2015 Social Knowledge, LLC All Rights Reserved.

All times are GMT -7. The time now is 13:20.

Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.