Bristol 45.5 - AiniA
Join Date: May 2006
Thanked 121 Times in 109 Posts
Rep Power: 11
Re: Purchasing a Sailboat from the US?
HST is 13% and duty is 9% if the boat was not built in Canada or US. I would estimate that 75%+ of the Canadian-flagged boats cruising in distant areas have never been to Canada. We are facing the question of whether to import Ainia in a couple of years. We would have HST only, but would be looking at $15k.
Minne, do your friends with the HR have US resident visas? If not they could only get a one year cruising permit after which they would have to exit the country for fourteen days, Bermuda would be the obvious destination. This assumes that CBP people are all reading from the same page. When we first went to live in Jersey City we only had an annual permit because the people at the Customs office at the Newark container port, our nearest office, did not know that we were eligible for ao open ended cruising permit. We registered the boat in Rhode Island, the Liberia of the United States, to get around this. After we entered the US again in Connecticut after a Bermuda trip, a knowledgeable and helpful CBP guy in Plymouth, MA chased us down because so many terrorists enter the country on yachts. He said we could not be Canadian and Rhode Island registered at the same time, but he did give us the open-ended cruising permit. We were out $300+ for the RI registry.
After the refit we have decided to sell Ainia. We want something smaller that would be could for the light summer winds of Lake Ontario, although we plan to spend at least a couple of winters in the Caribbean before heading north.