[jimthom]

I'm an American living in Australia (dual citizenship) and building a DIY yacht here in Melbourne. I can register this yacht as an Amercan vessel. My other option is to register it as an Australian vessel. My ultimate goal is to bluewater cruise and decide whether to turn right or left when I sail out of Port Phillip Bay. I will definately be returning to Australia at some point, and also will sail to S.F where my family lives. I will cruise as long as possible (I'm 65). Any pros or cons about vessel registration? In Cruising Helmsman magazine they cited an Australian citizen who bought a boat in Europe but couldn't cruise Australian waters without paying inport duties on his boat. Vessel registration in Australia is about $AUD800, American registration is about $AUD200. Any thoughts/view points appreciated.

Cheers, Jim