[PUP] Offshore Registration

Paul Goyette paul@whooppee.com
Wed Jan 17 10:56:11 EST 2007


In addition to the need to obtain a cruising permit to be in US waters, 
you have an additional issue to deal with when the vessel is owned by an 
offshore company.  Basically, you can't sell the vessel in the US!  This 
is clearly noted on your cruising permit in the fine print...

If you even list the vessel with a broker, and/or advertise it, and/or 
show the vessel to prospective buyers, you might become immediately 
liable for various taxes and import fees (duties, etc.) EVEN IF you end 
up not selling the vessel!

Paul Goyette
former owner of the 103' Lloydship "Southern Cross II"
Documented (at that time) in St. Vincent and the Grenadines
Operated in the San Francisco Bay Area
Sold in Ensenada, Mexico


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