Cruisers Forum
 


Reply
 
Thread Tools Search this Thread Rate Thread Display Modes
Old 19-02-2024, 18:03   #1
Registered User

Join Date: Feb 2024
Posts: 2
Bringing a foreign flagged vessel into Canada

Hi Guys.

We have a yacht in Florida on a cruising permit that is flagged in Cayman and owned by a foreign LLC. I want to bring the boat into Canada to cruise for 3 months before returning to the USA later in the year.

My questions are:

1. As a Canadian Citizen can I bring this boat in without paying taxes as it will not be staying?

2. How do I handle the fact that it is owned by an llc?

3. Can I as a Canadian use the boat in Canada as I know my insurance allows this but I am unsure with respect to taxes etc.

4. Anything you think I am missing?

Thanks in advance for your input.

Wishing you all fair seas and following winds.
Explorer64 is offline   Reply With Quote
Old 19-02-2024, 20:04   #2
Registered User

Join Date: Nov 2022
Posts: 68
Re: Bringing a foreign flagged vessel into Canada

The only ones who can really answer this is CBSA. reach out to them with these exact questions. They are pretty helpful when asked in advance - even if I don’t always like the answers they give.
Sailingallday is offline   Reply With Quote
Old 20-02-2024, 18:42   #3
Registered User

Join Date: Feb 2024
Posts: 2
Re: Bringing a foreign flagged vessel into Canada

Thanks for the input.
Explorer64 is offline   Reply With Quote
Reply

Tags
Canada

Thread Tools Search this Thread
Search this Thread:

Advanced Search
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
foreign flagged vessel cruising permit? ZERO Rules of the Road, Regulations & Red Tape 22 17-07-2021 08:22
Buying a foreign flagged boat in another foregin flagged land? sandrunner Pacific & South China Sea 9 27-06-2018 13:19
Issues with Buying a Foreign Flagged Vessel (French) faa50 Multihull Sailboats 3 18-04-2016 14:27
Costs Associated With Purchasing a Foreign Flagged Vessel enjaku General Sailing Forum 15 01-09-2015 15:38
Australia Boat Ownership of Foreign Flagged Vessel millhouse_44 Destinations 2 18-07-2014 21:33

Advertise Here


All times are GMT -7. The time now is 14:36.


Google+
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2024, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.