Aussie Flag or US Flag on Vessel ?

[naxo77]

hi,
i'm a french sailing boats,and iwonder if is posible to sailing till toronto from atlantic ocean?
cheer

[naxo77]

sorry,but what means water nazi's?thanks

[naxo77]

Originally Posted by AllezCat

the issue with VAT:
Only asking as many Caribbean boats are VAT paid.
I would hope to keep the VAT with the vessel, as it could be valuable to a new owner, when I sell it.
The question is the VAT lost if I document/flag in America.
And if I pay USA duty, does that stay with the boat too?
Would certainly make the vessel more valuable if duty is paid.

Do you really awake(realize9 that this is a dumb question ,when in a years,we travel along the space,there isn't any countries,no VAT,no histories and issues.
cheers

[AllezCat]

I brought my boat into USA in January. I was told to say "I wish to make formal entry".
And this would begin the process of importation and, ultimately, import duty.
The customs guy had no idea what I was talking about - and nothing happened.
I made some inquiries but I really did not know what to do to import and pay the duty.
I was very busy fitting out the boat until April when I traveled to Bahamas.
I then tried again through the boat broker who put me in touch with his custom's broker.
They told me to do the same thing again when returning to the USA.
"formal entry - pay duty etc"
I arrived on a Sunday and the customs agents cleared me and then told me to come back to another office on Monday. I did, and they had no idea what I was talking about.
In any case the broker then handled it all with a customs bond(boat broker's) and I wired the money, and apparently the duty is paid.
So -imperative to use a customs broker and be pro-active to pay it.
total about 1.7% of closing statement.