My wife and I are considering locating our catamaran in the Puerto Del Ray marina in Fajardo, Puerto Rico. We will not be full time residents on the boat initially but will spend considerable time on it exploring the USVIs. I'm trying to see what the property tax would be on the boat and haven't had any luck searching except that the rate in Fajardo is 11.5%. Does anyone here keep a boat in Puerto Rico? Is the tax really 11.5% each year?