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  #21  
Old 11-16-2008
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The transport company will likely prefer that you use a broker since they want to be sure they are not held up at the border. When I imported, my transport guy preferred it handled that way. I thought it saved me a lot of hassle and I didn't have to worry about the red tape. Worth it if you aren't meeting the boat at the border, which can be a whole other ball of wax in itself.
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  #22  
Old 01-12-2009
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First off........hello to all............just joined today!

I am looking at buying a boat privately from the US (SF Bay area) and bringing it up to vancouver. It is a private sale.

Besides proof of ownership what else do I need to make sure I actually am buying the boat free and clear?

I am going to deliver the boat to Anacortes WA and then rig it and then take it to my home port in Point Roberts WA , just outside Vancouver. I will be registering the boat in Canada. I believe I only have to pay the GST as I am taking possesion of the boat as a Canadian in another country! I also will be buying the boat in my holding company that has a GST #, so do I have to pay GST? When resgistering the boat, do I need to take the boat itself to a customs clearance in Canada? Can I realistically do all of this without a broker? The deal is worth $100K?

Any other advice guys?

Thank you in advance.
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  #23  
Old 01-12-2009
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Alymatt—

Since you're importing the boat into Canada, you probably have to pay both the GST and PST. It is probably worth having a broker do the paperwork, considering the amount it costs and the hassles it can save you.
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  #24  
Old 01-12-2009
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OOHHHH so hard to not be a smart A$$. Welcome to sailnet. You will be paying your taxes, regardless of where you step onto your boat, as soon as you bring her into Canada, and register it. Instead of trying to save the commissions, how about hiring a broker to do the transaction for you. If you are sold on the particular boat, negotiate a flat rate with the most experienced broker you can find. This is what we did and I was not sorry that I didn't do it on my own. Especially when the documentation gets messed up. The second time around, I may go for it, but nothing beats a purchasing agent to help negotiate a lower price. An agent will have errors and ommisions insurance, if they mess up. If you mess up, you may be in a lot more trouble. Of course the usual survey and such will probably give a good idea why the seller is a FSBO.
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  #25  
Old 01-12-2009
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SD why didn't you hammer him, are you getting soft? haahaha
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  #26  
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thanks............I will be using a broker to do the paperwork now that you mention it........after I finish the negotiations of course

I was told that even if you bought a local boat ( for me vancouver area ) and were to keep it in vancouver, if you hired a skipper to deliver it to you in Washington State that you would have recieved the boat out of Canada and thus would not have to pay the PST when you register the boat......anyone else here of this? This person, the captain, was very sure of this and had done it for others!

Regards,
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  #27  
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Originally Posted by Capnblu View Post
SD why didn't you hammer him, are you getting soft? haahaha
Two months isn't really dead IMHO... and he is on topic AFAICT.
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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)

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  #28  
Old 01-12-2009
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I can hope can't I, besides i am bored.
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  #29  
Old 01-12-2009
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thus would not have to pay the PST when you register the boat......anyone else here of this? This person, the captain, was very sure of this and had done it for others!
The reason that you don't have to pay the PST when you register the boat is that registry is a Federal issue and PST is provincial tax. Customs officers collect the PST on things coming in through their ports of entry as a "favour" to the provinces. The other areas of the Federal Government do not get involved in the administration of provincial levies.

When you license the boat, which is a Provincial program, and usually regarded as lower cost, faster option than Federal Registry, you will be required to pay the PST.

If, for some reason, you decide to evade the tax, you may find yourself in a sitcky situation should you sell the boat and if the person to whom you sell it decides to license the craft. Interest compounds pretty substantially.

It's not worth going through such a convoluted process to save a little bit of money.

Last edited by Sailormann; 01-12-2009 at 11:56 PM.
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