Margarita Club Member
Join Date: Mar 2011
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Non Resident Living and Sailing in the US
First post, so some background info about me - deep sea diver by profession, frequent holidayer in the good ol' USA (non resident).
I was looking at maybe doing my sailing classes in the US - possibly Maryland this summer with the intention of buying a boat in the US and keeping it parked here. I work a month on/month off rota the year round, so looking at coming down to the US for atleast 4 - 5 months of the year duroing my month off, and doing the whole liveaboard/cruising thing.
1.) Can I (as a non-resident) register the boat in either Florida or Texas, if so tax-wise which is the better option?
2.) Is is possible for a non-resident with no credit history in the USA to get full insurance cover for a boat (38' to 42')?
3.) Whilst I might have the resources to buy a boat outright, in the eventuality I need finance for say 50% of the boat, does anyone (especially boat vendors/dealers) know how easy that might be to get if I can provide full documentation from a recognised bank about my financial position? Once again - no credit history in the US.
4.) Lastly, would it be advisable to keep the boat in a marina up north (Annapolis) from June to October and then down to Florida the rest of the year? Would I end up paying tax in both places?
Thanks in advance guys, a lot of questions i know, but I promise to return the favour someday to other newbies in this great community when i get a few nm's under my yet-to-be-bought hull....
Finally - a salute to all the members and participants of this community, I am truely impressed by the effort and time members have been putting into this forum, with their exceptional and invaluable advice.
cheers n beers
The greatest thing ever invented after boats is gotta be ..... women.
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