Offshore Purchase in Mexico? - 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? 


Like Tree2Likes
  • 1 Post By sww914
  • 1 Post By sww914
Reply
 
LinkBack Thread Tools
  #1  
Old 04-07-2013
sww914's Avatar
Aspiring to be a Mexican
 
Join Date: Oct 2008
Location: La Cruz de Hunacaxtle, Mexico
Posts: 541
Thanks: 0
Thanked 1 Time in 1 Post
Rep Power: 6
sww914 is on a distinguished road
Offshore Purchase in Mexico?

Our in-laws are here in Banderas Bay looking at a boat. They have about 5 days here and they like the boat. Does anyone know what we need to do to complete an offshore purchase in the US and to export and re-import the boat into Mexico? It's a US documented boat and American buyers and sellers.
We've searched but speculation and prophesyzing doom & gloom seem to be the bulk of it.
__________________

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Reply With Quote Share with Facebook
  #2  
Old 04-07-2013
bobmcgov's Avatar
baDumbumbum
 
Join Date: Jul 2007
Location: Windy Wyoming
Posts: 1,037
Thanks: 0
Thanked 25 Times in 24 Posts
Rep Power: 8
bobmcgov will become famous soon enough
Re: Offshore Purchase in Mexico?

I've heard buying a boat in MX is really easy. This may be a case where time is limited, however, and you should bring in some local knowledge. How about waving a few hundred dollars under the nose of a broker to act as facilitator? Either officially, thru a brokerage like PV Yachts, or contact one of their sales agents privately and hire them to guide you thru the formalities. They do this every day & can possibly save you from a mistake. No reason to pay full commission -- just a reasonable hourly rate for their help in a private party sale.

ETA: You might also call or eMail the good folks at Latitude 38 & ask them for advice and references. They know the ins & outs of the US/Mexico boating scene & are great ambassadors for the sport.
__________________
Buccaneer18, Grainnia
SJ21, Diarmuid
Albin Ballad 30, Fionn

Last edited by bobmcgov; 04-07-2013 at 01:25 PM.
Reply With Quote Share with Facebook
  #3  
Old 04-07-2013
sww914's Avatar
Aspiring to be a Mexican
 
Join Date: Oct 2008
Location: La Cruz de Hunacaxtle, Mexico
Posts: 541
Thanks: 0
Thanked 1 Time in 1 Post
Rep Power: 6
sww914 is on a distinguished road
Re: Offshore Purchase in Mexico?

The guys who own PV Yachts are on this dock. They've given a little advice but I asked them if they would act as an agent and he said "We do NOT handle paperwork on boats that we don't sell.
__________________

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Reply With Quote Share with Facebook
  #4  
Old 04-08-2013
bobmcgov's Avatar
baDumbumbum
 
Join Date: Jul 2007
Location: Windy Wyoming
Posts: 1,037
Thanks: 0
Thanked 25 Times in 24 Posts
Rep Power: 8
bobmcgov will become famous soon enough
Re: Offshore Purchase in Mexico?

Quote:
Originally Posted by sww914 View Post
The guys who own PV Yachts are on this dock. They've given a little advice but I asked them if they would act as an agent and he said "We do NOT handle paperwork on boats that we don't sell.
Yep. They're owner/brokers & lust after that full commission. You want someone farther down the food chain, an office assistant who knows what paperwork you need & would like a little moonlighting cash.

For instance, Mexico requires a Temporary Import Permit for foreign-registered boats, which IIRC is good for nine or ten years. Is that permit transferable, or must you apply for a new one when you buy a boat there? And does the clock reset if you reapply, or must the boat be taken out of MX waters for six months? Will you owe sales tax? To whom? A sales assistant will probably be able to answer those questions for you. On a strictly advisory & hypothetical basis, of course. "Let's say 'my friend' wanted to purchase a sailboat here. What sort of documents would a person like that need to (theoretically) obtain, and in what order? Here's a little cash consideration for your opinions."

Everyone understands this game. Brokers hate it, but they don't actually have a right to a commission on every boat sold within their territory.
__________________
Buccaneer18, Grainnia
SJ21, Diarmuid
Albin Ballad 30, Fionn
Reply With Quote Share with Facebook
  #5  
Old 04-08-2013
sww914's Avatar
Aspiring to be a Mexican
 
Join Date: Oct 2008
Location: La Cruz de Hunacaxtle, Mexico
Posts: 541
Thanks: 0
Thanked 1 Time in 1 Post
Rep Power: 6
sww914 is on a distinguished road
Re: Offshore Purchase in Mexico?

They decided to go through Mazatlan Yachts, they have a broker here too and they'll do all the paperwork and escrow for about the same price as escrow.com wants for just the escrow part.
zeehag likes this.
__________________

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Reply With Quote Share with Facebook
  #6  
Old 04-08-2013
zeehag's Avatar
snake charmer, cat herder
 
Join Date: Nov 2008
Location: refitting a formosa in exotic tropical locations....
Posts: 1,642
Thanks: 4
Thanked 23 Times in 23 Posts
Rep Power: 6
zeehag is on a distinguished road
Re: Offshore Purchase in Mexico?

awesome---what boat is it..was it there when i was there??
__________________

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

formosa 41 and ericson 35mII
cruising tropical mexico at present, working my way southward



To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Reply With Quote Share with Facebook
  #7  
Old 04-08-2013
sww914's Avatar
Aspiring to be a Mexican
 
Join Date: Oct 2008
Location: La Cruz de Hunacaxtle, Mexico
Posts: 541
Thanks: 0
Thanked 1 Time in 1 Post
Rep Power: 6
sww914 is on a distinguished road
Re: Offshore Purchase in Mexico?

It just got here a couple days ago. I don't want to say until they have an accepted offer and money in escrow.
zeehag likes this.
__________________

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Reply With Quote Share with Facebook
  #8  
Old 04-09-2013
aeventyr60's Avatar
Junior Member
 
Join Date: Jun 2011
Location: Andaman Sea
Posts: 1,492
Thanks: 5
Thanked 23 Times in 23 Posts
Rep Power: 4
aeventyr60 is on a distinguished road
Re: Offshore Purchase in Mexico?

Marine Title in Seattle can perform the same service...as a third party. Important to establish if the owners have a free and clear title to the boat. The USCG document does not establish this. Ask for the prior bill of sale, How did they get the boat? Is there a "satisfaction of Mortgage" issued by a bank or lending institution if the current owners financed the boat....ask a few hard question.
__________________

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.



"Your dreams minus your doubts equals your net worth"

Life is a short journey, filled with emptiness and pain. Get all the sailing and booty you can.
Reply With Quote Share with Facebook
  #9  
Old 04-09-2013
zeehag's Avatar
snake charmer, cat herder
 
Join Date: Nov 2008
Location: refitting a formosa in exotic tropical locations....
Posts: 1,642
Thanks: 4
Thanked 23 Times in 23 Posts
Rep Power: 6
zeehag is on a distinguished road
Re: Offshore Purchase in Mexico?

any broker can start the proceedings and any documentation company can do thew deeds... good luck and have fun with this..may it work out well for ye
__________________

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

formosa 41 and ericson 35mII
cruising tropical mexico at present, working my way southward



To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Reply With Quote Share with Facebook
  #10  
Old 04-10-2013
sww914's Avatar
Aspiring to be a Mexican
 
Join Date: Oct 2008
Location: La Cruz de Hunacaxtle, Mexico
Posts: 541
Thanks: 0
Thanked 1 Time in 1 Post
Rep Power: 6
sww914 is on a distinguished road
Re: Offshore Purchase in Mexico?

Mazatlan Yachts turned out to be as reliable as most other yacht brokers, but they were really really nice and shared their sources for getting the paperwork done. I think that they use the same title and escrow service as Aeventyr60 recommended and they have an agent locally who does the Mexican side of things. I'll share all of it when we have it all figured out. My wife wrote up an excellent offer/ counter offer form, 12 or 14 pages of it.
__________________

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
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
Looking to Purchase Cheoy 38 Offshore & Looking 4 Advice HighFly27 Cruising & Liveaboard Forum 13 02-07-2013 01:14 PM
Purchase, sales taxes, location of purchase, and the laws? dgasmd General Discussion (sailing related) 4 10-14-2012 07:57 PM
Offshore performance of a Beneteau Oceanis 500 offshore JohnVerver Introduce Yourself 1 05-23-2009 12:40 PM
Cal 27 to mexico panielsen Cruising & Liveaboard Forum 1 08-27-2003 07:41 AM


All times are GMT -4. The time now is 02:35 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.