registration of US purchase by Canadian - 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 07-26-2003
Junior Member
 
Join Date: Jun 2001
Posts: 11
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
goforit is on a distinguished road
registration of US purchase by Canadian

I plan to purchase a boat in Florida but I am a Canadian - any help as to how I am to register the purchase??? What is the advantage of registation offshore? thanks
Reply With Quote Share with Facebook
  #2  
Old 08-10-2003
Junior Member
 
Join Date: Jul 2001
Posts: 11
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
dblatnik is on a distinguished road
registration of US purchase by Canadian

If the boat is documented by the US Coast Guard, I would say you should contact them. Do a web search on US Coast Guard Vessel Documentation Center. They have an 800 number and they were the most helpful people I ever dealt with in government.

Registering a boat off-shore has tax advantages if you are buying a mega-yacht. Otherwise I would guess there is headache involved.

If the boat is not documented but the title is a Florida State title, I would still check on documentation requirements. You really need Federal Documentation to go to the Bahamas, etc.
Reply With Quote Share with Facebook
  #3  
Old 08-11-2003
Senior Member
 
Join Date: Dec 2002
Posts: 552
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 12
GordMay is on a distinguished road
registration of US purchase by Canadian

Where do you intend to "keep" or "cruise" the boat.
If the boat stays in Florida, you will have to pay FL. tax, and can register it there. This will NOT preclude you from cruising the Bahamas etc. Many vessels have a "flag of convenience", which has nothing to do with owner''s nationality.
As previously noted, the more expensive the boat, the more motivation to reduce or avoid sales taxes.
If you intend to bring the boat back to Canada, you can avoid the U.S. State taxes, and pay the HIGHER Canadian Provincial/GST taxes, and register it in Canada. I think (?) you have up to 30 days to get the boat out of U.S. waters (to avoid tax).
Going the other way, I "imported" my Canadian boat into the U.S. for a very modest fee. She was still "Registered" in Canada, but was legal to sell in U.S. (purchaser must register & pay State tax).
Regards,
Gord
Reply With Quote Share with Facebook
  #4  
Old 08-25-2003
Junior Member
 
Join Date: Jun 2001
Posts: 11
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
goforit is on a distinguished road
registration of US purchase by Canadian

thanks for the info I plan to cruise into the Bahamas possibly further into the Caribbean. As a Canadian can I legally register a boat in the US? and not Canada.
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


Similar Threads
Thread Thread Starter Forum Replies Last Post
boat purchase, taxes, residence -- help for NW sailer? winslow59 Boat Review and Purchase Forum 15 01-14-2007 10:20 PM
Buying Canadian MArch Boat Review and Purchase Forum 6 11-24-2006 04:26 PM
Registration N ightmare in Florida/Georgia HeartofGold Boat Review and Purchase Forum 11 08-02-2004 05:26 AM
ATTN: Canadian boaters! AMY@C-MAP General Discussion (sailing related) 0 03-05-2004 05:19 AM
Purchase Agreement Examples? kc_cmc Boat Review and Purchase Forum 5 01-16-2004 10:07 PM


All times are GMT -4. The time now is 03:56 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