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Since the vessel is already in Panama, and you will presumably have to go there to sail her back to Mexico, why not set up an IBC there (in Panama). The IBC would hold title to the vessel, and the vessel represents the assets of the IBC. You hold all of the outstanding stock of the IBC, and can do so anonymously.
Many vessels fly Panamanian flags of convenience, so customs and immigrations authorities worldwide are used to seeing that. Sailing such a vessel into Mexican waters would be no different than sailing a US or Canadian vessel into Mexican waters. As long as the paperwork is legitimate, accurate and complete, the authorities will be satisfied.
TaoJones
__________________ "Your vision becomes clear only when you look into your own heart. Who looks outside, dreams; who looks within, awakens." Carl Gustav Jung (1875-1961) |