Buying and registering a boat in the BVI - questions - SailNet Community

   Search Sailnet:

 forums  store  


Quick Menu
Forums           
Articles          
Galleries        
Boat Reviews  
Classifieds     
Search SailNet 
Boat Search (new)

Shop the
SailNet Store
Anchor Locker
Boatbuilding & Repair
Charts
Clothing
Electrical
Electronics
Engine
Hatches and Portlights
Interior And Galley
Maintenance
Marine Electronics
Navigation
Other Items
Plumbing and Pumps
Rigging
Safety
Sailing Hardware
Trailer & Watersports
Clearance Items

Advertise Here






Go Back   SailNet Community > On Board > Boat Review and Purchase Forum
 Not a Member? 


Reply
 
LinkBack Thread Tools
  #1  
Old 09-26-2006
Zanshin's Avatar
Senior Member
 
Join Date: Aug 2006
Location: Germany
Posts: 2,165
Thanks: 0
Thanked 14 Times in 14 Posts
Rep Power: 9
Zanshin is on a distinguished road
Buying and registering a boat in the BVI - questions

I intend on buying a boat in the British Virgin Islands and registering her there. I don't need the complexity of setting up a shell corporation and can register in my name (all UK and EU citizens can now do that). I am trying to figure out the actual costs involved in the purchase and have come up with the following list but I would love to hear from others which points I have missed and which costs might be wrong:

1. Purchase price of the boat
2. Costs of Survey @ US$17/foot OAL (confirmed by surveyors)
3. Costs of lunchtime Haul US$5/foot (confirmed @ Nanny Cay)
4. Costs of using a title company ??? (Is it necessary?)
5. Costs of getting a BVI tonnage inspection US$400
6. Annual registration costs US$200
7. Annual Insurance - ~1.5% but I'm still looking.

I have been told that using a title company is recommended in order to get everything done correctly, but I don't know what they are going to charge for this service. Has anyone done this themselves in the BVI?
Reply With Quote Share with Facebook
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools

 
Posting Rules
You may post new threads
You may post replies
You may post attachments
You may edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On



All times are GMT -4. The time now is 06:40 AM.

Add to My Yahoo!         
Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
SEO by vBSEO 3.6.1
(c) Marine.com LLC 2000-2012

The SailNet.com store is owned and operated by a company independent of the SailNet.com forum. You are now leaving the SailNet forum. Click OK to continue or Cancel to return to the SailNet forum.