
08-19-2008
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Senior Member
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Join Date: Apr 2006
Posts: 7,073
Rep Power: 8
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"She is Belgian flagged and as such cannot be sold to US citizen's while in US waters."
Has Belgium made it to the US State Department's embargo list? Or, does Belgium prohibit the transfer of flagged vessels to foreign nationals?
Andy, I have to disagree with you. Titling versus venue is never a headache if the seller and buyer pass the right papers at the time of sale. And the transaction itself is bound by the laws of the venue where it took place--regardless of the nationalities of the parties. The US courts and state courts would claim jurisdiction, just as much and perhaps more so than the courts of the parties home lands. By adding "more" to the mix, they only complicate things. It sounds more like a creative tax dodge is at work, perhaps EU folks washing the VAT around, or something like that.
There's something peculiar here and so far, the only explanations seem to be from boaters ed: A tax dodge, or an illegal sale of a vessel here on a cruising permit.
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