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labatt 03-26-2009 08:24 PM

Bahamas Import Fees
 
From what I understand, pretty much everything is now subject to import fees and stamp tax into the Bahamas. I'm trying to find out what the fees are so I can figure out what to have the in-laws send and not send. I've found very generic information (i.e. engine parts are subject to 15% and everything else is pretty much 45%) but I can't find any specific information. I'm looking at shipping in LED bulbs, conversion bases for the bulbs, a couple of light fixtures, a camera filter, electrical supplies (butt connectors, etc.), anchor chain and shackles, schoolbooks, movies, gps bracket, a wire stripper and a couple of other items, plus all my mail which includes a few magazines. They were originally supposed to visit us so we had everything shipped to them, and then they had to cancel for various reasons.

Thanks!

Chris

sailingdog 03-26-2009 10:35 PM

Are you sure about that. IIRC, the equipment coming into the country for a yacht in transit shouldn't be considered imported.

labatt 03-26-2009 11:36 PM

They changed that rule a few months ago (supposedly) according to the Explorer Charts website and Cruiser's Net. Supposedly everything is taxable now, but I can't seem to find any specifics as to what the rates are...

camaraderie 03-27-2009 12:04 AM

I believe anything not specifically for repair of a yacht in transit has been taxable in the Bahamas. Here's the actual rates:
Bahamas Tariffs, Duties, and Import Taxes

If you DO have repair parts shipped in...the box must have the yacht in transit information on it. Any Bahamas shipping office can point you to what MUST be on the outside of the bos for you not to get socked with duty on repair parts.

Don't forget to add the stamp tax 7% to the import duties.

labatt 03-27-2009 01:49 AM

Thanks... I had found that link, but I know that there are several items that are taxable that aren't on that site. I believe the yacht in transit loophole has gone away too... I'm going to take a run down to the Bimini airport tomorrow to ask the customs officer what the dealio is.

xort 03-27-2009 09:57 AM

Would the duties be different if someone brought them down in person?

Melrna 03-27-2009 10:13 AM

Chris let me know if I can bring them up to you. I can take a day trip to Nassau when you get there.

labatt 03-27-2009 10:29 AM

A day trip? I didn't realize Hunter's go that fast!

imagine2frolic 03-27-2009 11:07 AM

She's a pilot.....lololololol, and a kind lady to offer also.....i2f

labatt 03-27-2009 11:45 AM

Yeah... I know... I just thought I'd give her a hard time.

I just got back from the airport and talked to customs there. The import fee is basically 45% for everything except for certain items like printed material (7%). I asked if they go by a book, and he said there really isn't one (although I know there is) and they'll look at stuff to see if there's an exception. For used items, declare a value, and they'll go with it if they think it's true, or adjust it upwards if they don't.

I did confirm the boat-in-transit exemption no longer exists. EVERYTHING is now taxed.


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