Bahamas registration for US Boats - 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 > General Interest > General Discussion (sailing related)
 Not a Member? 


Reply
 
LinkBack Thread Tools
  #1  
Old 03-08-2011
Captainpat
 
Join Date: Mar 2011
Location: afloat
Posts: 5
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
Ventura1922 is on a distinguished road
Bahamas registration for US Boats

Ahoy all! I heard via the watergrapevine that the Bahamian government has changed their laws about non-Bahamians registering their boats in the Bahamas. From what I understand the fee is 10% of the insured value. Anybody know any details? Is it true? How does one go about it?
Reply With Quote Share with Facebook
  #2  
Old 03-08-2011
Senior Member
 
Join Date: Feb 2010
Location: Narragansett Bay
Posts: 8,687
Thanks: 10
Thanked 113 Times in 107 Posts
Rep Power: 6
Minnewaska will become famous soon enough Minnewaska will become famous soon enough
Don't know, but why would a non-Bahamian want to do this? I'm trying to imagine the benefit in return for a 10% of value fee.
__________________

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

Jeanneau 54DS

In the harsh marine environment, something is always in need of repair. Margaritas fix everything.
Reply With Quote Share with Facebook
  #3  
Old 03-08-2011
RichH's Avatar
Senior Member
 
Join Date: Jul 2000
Location: Pennsylvania
Posts: 2,736
Thanks: 9
Thanked 62 Times in 55 Posts
Rep Power: 15
RichH will become famous soon enough
What you are inferring is when obtaining permanent residency status in the Bahamas not for 'visiting' (time limited) there.

I travel to Bahamas very often and all you have to do is obtain a "Cruising Permit", pay the fees, etc.
http://www.noonsite.com/Countries/Ba...rc=Formalities
Reply With Quote Share with Facebook
  #4  
Old 03-08-2011
Captainpat
 
Join Date: Mar 2011
Location: afloat
Posts: 5
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
Ventura1922 is on a distinguished road
Bahamian registration

Good question.... my thoughts for registering the boat in the Bahamas are storage, usage, cruising permits, and even "second residency" benefits offered by the Bahamian government. For example, a 35 foot older boat, insured for say 32,000 USD could be registered for a one-time only fee of $3,200. Less if you insured for less. Cruising permits are $300 for up to 6 months, each time. Various US States have different registration fees and schedules. Also if you annually cruise the Bahamas you are required to bring the boat out of the country and reenter with US fees (or other country fees) involved. Keeping the boat in the Bahamas could create a watery vacation home there. Of course there are pitfalls like anything else, but it all depends on how, or how often, where, etc. you choose to use the boat. Up to the individual.
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
Dinghy registration in MD - duh? bobmorning General Discussion (sailing related) 1 08-13-2010 07:02 PM
Dinghy registration brak General Discussion (sailing related) 4 11-03-2008 03:05 PM
Bahamas. Great Exuma Island, Bahamas set to host Exuma Celebrity Bonefish Classic @ BYM Sailing News NewsReader News Feeds 0 04-14-2006 04:15 AM
Registration and Sales Tax m000ve0ver Boat Review and Purchase Forum 4 08-02-2004 02:12 AM
dingy registration? prussell General Discussion (sailing related) 3 05-21-2003 09:39 AM


All times are GMT -4. The time now is 04:07 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