Keeping a boat in USVI

russ325 · #1 (**permalink**) 12-16-2002

I recently purchased a new boat in NC and paid the appropriate sale tax. I have just been relocated to Puerto Rico and I understand that PR would collect an excise tax if I keep the there - this amounts to much more than ther sales tax was here in NC. Is the same true of the USVI (i.e. St. Thomas)? Thanks for any help on this or sites I can look into.

kimberlite · #2 (**permalink**) 12-16-2002

we pay about $200- a year in st thomas for a 37 footer.
eric

russ325 · #3 (**permalink**) 12-17-2002

Thanks Eric - this sounds much more reasonable - PR wants 6.6% of *their* calculated value of my boat. Do you have any recommendations on a marina in St. Thomas? Mine is a 40''

kimberlite · #4 (**permalink**) 12-17-2002

2 very nice well kept marinas in st thomas are crown bay , and american yacht harbor.
you also might send a an e-mail and ask vixile. he lives in st thomas. these marinas are expensive but very well run. crown bay is very close to the airport. amer. yacht harbor is at the east end facing st johns in an area called red hook.
eric

Valdare · #5 (**permalink**) 12-18-2002

Compass Point is another possiblity. Considered a great hurricane hole. Not as nice as Crown but proably not as expensive
either. Friends of ours built a mooring just outside of Crown. Saved all those bucks, when they came home 5 years latter just left it to the next one to come along. There were about 20 such moorings
John_/) _/) _/)

VIEXILE · #6 (**permalink**) 12-19-2002

The prices run from Crown Bay (highest)-American Yacht Harbor - Compass Point Marina - Independent Boatyard Marina - Lavida Marina (generally the lowest unless you can find an unused slip in one of the smaller operations nearby in Jersey Bay). Crown Bay wants only BIG yachts so they can make as much as possible off size, provisioning, etc., etc. Hmmm. If my boat was here I''d . . . probably Independent Boatyard Marina for cost, efficiency, etc. Now, no boat parts or boats, as I recall, pay any import duty, etc. If it''s registered elsewhere, then that''s it. If you register it in the VI, it isn''t all that much. There MAY be a requirement that you register it here if it''s here for more than 6 months a year. I doubt anyone notices. Department of Planning and Natural Resources ("DPNR") does the registrations upstairs at the airport. Or consider what many, many Puerto Ricans seem to do - register their boats in the VI and keep them over at Fajardo. KW

kimberlite · #7 (**permalink**) 12-19-2002

k,
WHATS NEW??
ERIC S/V KIMBERLITE

kimberlite · #8 (**permalink**) 12-19-2002

k,
WHATS NEW??
ERIC S/V KIMBERLITE

WASSERNUT · #9 (**permalink**) 12-20-2002

Independent Boat Yard was my base of operations. Decent Hurricane hole, close to the BVI, close to Redhook. A little dirty due to the adjacent yard. Good eats, Bottoms Up, Sopchoppys.

Even my 47 was affordable.
As far as I know Joan still is the "boss"
Ask if you need local info I still have many friends in this Marina. All the stuff about Crown Bay is true and ABYH is a drag because of the ferries to St. John.

Standing by;
Waternut