Actually, boat ownership must be majority owned by a US citizen, but a co-owner can be a non-US citizen provided they own only 49% or less of the boat.
So, if a married couple buys a boat and one is not a US citizen, they can jointly own the boat, but the US citizen would need to own 51% or more of it.
It's fairly simple to get CG Documentation; since the boat was previously documented. Just file a change of ownership with USCG; pay the $100 processing fee and pick a new name. You must be a US Citizen to own a USCG documented vessel. There is no annual fee for documentation; but you probably will get a Property Tax bill from your county instead of the similar DMV fee on your Registration.
Forms are here:
USCG National Vessel Documentation Center, Forms Page
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
You know what the first rule of sailing is? ...Love. You can learn all the math in the 'verse, but you take
a boat to the sea you don't love, she'll shake you off just as sure as the turning of the worlds. Love keeps
her going when she oughta fall down, tells you she's hurting 'fore she keens. Makes her a home.
—Cpt. Mal Reynolds, Serenity (edited)
If you're new to the Sailnet Forums... please read this To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Still—DON'T READ THAT POST AGAIN.