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-   -   Reflagging Boat (https://www.cruisersforum.com/forums/f128/reflagging-boat-70304.html)

cameron forsyth 20-10-2011 14:29

Reflagging Boat
 
UK citizen purchasing US registered boat, thus boat has to be deregistered. I will be taking up residency on the boat cruising the Caribbean. What is the easiest or more convenient flag under which to register the boat?

Vasco 20-10-2011 14:39

Re: Reflagging boat
 
I would think UK for you.

boatman61 20-10-2011 15:15

Re: Reflagging boat
 
SSR.... £25 every 5yrs.... or till the next election...
Its not proof of ownership so you'll still need to produce a bill of sale clearing in/out but its dead easy...
Just go here https://mcanet.mcga.gov.uk/ssr/ssr/ fill in the on line form with a UK address... Bob's yer Uncle...:thumb:

cameron forsyth 24-10-2011 12:18

Re: Reflagging Boat
 
Thanks for the fee back; unfortunately I left the UK some 35 years ago and will have trouble demonstrating residence. Thatís why I was thinking, BVIīs, Belize, Panama, ETC

s/v Moondancer 24-10-2011 14:37

Re: Reflagging Boat
 
All you need is a UK address and a credit card...grandma still there?

svcambria 24-10-2011 15:02

Re: Reflagging boat
 
Quote:

Originally Posted by boatman61 (Post 800637)
... Bob's yer Uncle...:thumb:

How do you know Bob is his uncle? And for that matter, what does that have to do with the price of tea in China? This is all higgledy-piggledy... :whistling:

Michael

Jim Cate 24-10-2011 16:37

Re: Reflagging boat
 
Quote:

Originally Posted by svcambria (Post 803162)
How do you know Bob is his uncle? And for that matter, what does that have to do with the price of tea in China? This is all higgledy-piggledy... :whistling:

Michael

We know that Bob is his uncle because Penny is his aunt.

And China tea is readily available at the local Piggly-Wiggly.

Cheers,

Jim

Zanshin 25-10-2011 00:32

Re: Reflagging Boat
 
Any mailing address in the U.K. will do - I have done 2 registritrations as Part I instead of the SSR. The vessel will need to be "de-flagged" from the U.S. and with that paper and the rest of the documentation (builder's certificate, measurement, bill of sale, etc.) plus fees sent into the British Registry you'll have your provisional or full registration within days. The downside is you'll need a tonnage survey and that might not have already been done.
An alternative is to get a BVI registry, which can be done in your name as you are from an EU country, or you can create an IBC and register the boat in the name of the BVI corporation, which can be a way to avoid such things as death tax as the corporate ownership can be passed on without paying the U.K. taxes on the value behind those shares.


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