US Citizen Buying Boat in Macao

[Gone2long]

Thread mates,

I am planning to buy a boat owned by an American expat who is living in Macao, and has the craft registered and documented there. Since I am also an American, my plan is to purchase the boat in Macao and to apply for US Coast Guard documentation in my name, while readying the boat to cruise to Taiwan and further afield. (see China Sea thread for details on all that).

I would clear Macao flying the US flag and carrying USCG documentation with me when I arrive in Taiwan. If anyone is familiar with purchasing a boat in this part of the world, or if anyone sees any potential legal or financial drawbacks to this plan, please let me know.

Thanks, in advance, to all.

G2L

[Gone2long]

Just to make things a bit clearer, "Registered and documented there" means that the boat is currently Macao flagged.

Thank you,

G2L