Cruisers Forum
 


Reply
 
Thread Tools Search this Thread Rate Thread Display Modes
Old 26-08-2020, 16:50   #1
Registered User

Join Date: Jan 2020
Location: Sydney
Posts: 4
Buying a boat in Panama / Bahamas / US

Hi guys,
What is the do's and don'ts of buying in the US, Panama, Bahamas, and bringing it back to OZ, disregarding the actual sailing.
Duties, Taxes, Red tape etc?
Red 5 is offline   Reply With Quote
Old 26-08-2020, 17:17   #2
Registered User

Join Date: Nov 2018
Posts: 625
Re: Buying a boat in Panama / Bahamas / US

As long as the boat isnít flagged in Panama, and has a valid Cruising Permit, Iíve never heard of a case where the Panamanians cared. If the seller doesnít have a Cruising Permit, then you might have some hassle, but the seller should take care of that. If itís flagged in Panama, you need to be aware that they have two different registrations: one ONLY for Panama waters (which is very cheap) and an international one which costs about $1500/year. You need to make sure that this is all paid up before you buy the boat.
Bycrick is offline   Reply With Quote
Reply

Tags
Bahamas, boat, buying, Panama

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
is buying a new boat similar to buying an RV Medved Monohull Sailboats 35 25-06-2020 09:38
Buying a boat in Panama slavanaway Other 6 23-11-2017 16:27
Buying foreign flagged boat in Panama? mrybas General Sailing Forum 0 05-01-2017 06:48
Buying a boat in Panama JamesBen Boat Ownership & Making a Living 2 02-01-2014 13:07
US Citizen Buying Canadian Boat in Panama brianontheroad Rules of the Road, Regulations & Red Tape 0 30-07-2012 14:51

Advertise Here


All times are GMT -7. The time now is 05:38.


Google+
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2020, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2020, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.