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#1
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Ric wrote:
When you bought it, did the US authorities allow you a transit period to take the boat back to Europe under their flag, or were you expected to transfer it immediately to Belgian flag before taking possession? no: the boat had to be deleted from documentation immediately: a non-US citizen cannot document a boat in the USA. |
#2
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![]() "Plastiekske" wrote in message ... Ric wrote: When you bought it, did the US authorities allow you a transit period to take the boat back to Europe under their flag, or were you expected to transfer it immediately to Belgian flag before taking possession? no: the boat had to be deleted from documentation immediately: a non-US citizen cannot document a boat in the USA. So what was the status of the boat after it was deleted from documentation? As you mentioned earlier, you never registered it in Belgium because of the tax. Was the boat just not registered anywhere in the interim? |
#3
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Ric wrote:
So what was the status of the boat after it was deleted from documentation? As you mentioned earlier, you never registered it in Belgium because of the tax. Was the boat just not registered anywhere in the interim? well, since I bought it less than three weeks ago, it's still lying in it's slip in Georgia, undocumented. There's a catch-22 situation in this: in order to register the boat in Belgium, it has to be physically present in Belgium, but ... in order to sail it to Belgium, it has to be registered ![]() I've mailed the USCG to ask them if their exists a way out of this deadlock, but haven't gotten an answer yet Frank |
#4
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On Wed, 10 Mar 2004 21:06:44 GMT, Plastiekske
wrote: Ric wrote: So what was the status of the boat after it was deleted from documentation? As you mentioned earlier, you never registered it in Belgium because of the tax. Was the boat just not registered anywhere in the interim? well, since I bought it less than three weeks ago, it's still lying in it's slip in Georgia, undocumented. There's a catch-22 situation in this: in order to register the boat in Belgium, it has to be physically present in Belgium, but ... in order to sail it to Belgium, it has to be registered ![]() I've mailed the USCG to ask them if their exists a way out of this deadlock, but haven't gotten an answer yet Frank Not that I would recommend such a devious scheme, but in the world of "what ifs"... What if you sold the boat to a willing buyer, for say $10,000. At the same time, the new buyer grants you an option to purchase the boat for $10,000 and hires you to deliver the boat to Europe, where the new buyer plans to cruise the boat. Plans change for unforeseen circumstances once the boat is in Europe, say somewhere in the Antwerp area, and you exercise your option to purchase the boat. The boat is then registered in Belgium and tax is paid based on it's purchase price of $10,000. An alternative might be to sell a partnership interest to an American, who could document the boat. Transport the boat to Europe. Register the boat, terminate the partnerhsip. I would hate to see you part with a boat for purely paperwork complexities. Think form over substance...that is how the government works ![]() |
#5
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felton wrote:
Not that I would recommend such a devious scheme, but in the world of "what ifs"... What if you sold the boat to a willing buyer, for say $10,000. At the same time, the new buyer grants you an option to purchase the boat for $10,000 and hires you to deliver the boat to Europe, where the new buyer plans to cruise the boat. Plans change for unforeseen circumstances once the boat is in Europe, say somewhere in the Antwerp area, and you exercise your option to purchase the boat. The boat is then registered in Belgium and tax is paid based on it's purchase price of $10,000. An alternative might be to sell a partnership interest to an American, who could document the boat. Transport the boat to Europe. Register the boat, terminate the partnerhsip. I would hate to see you part with a boat for purely paperwork complexities. Think form over substance...that is how the government works ![]() the first 'what if' scheme looks promising (at last a ray of light through the red tape). Let's say I would go with this scenario and that I already had someone who would be willing to play along ... would anybody be interested to crew (part of) the trip? (just remove the "no.s" from the email adress to answer directly) BTW: how did you know I was from the "say somewhere in the Antwerp area" ? ![]() Frank |
#6
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On Thu, 11 Mar 2004 15:32:56 GMT, Plastiekske
wrote: felton wrote: BTW: how did you know I was from the "say somewhere in the Antwerp area" ? ![]() Frank Well, you did mention Belgium and I spent some time in Antwerp and remember walking along the docks, so I just took a wild guess ![]() Antwerp is lovely place, but I grew up in West Texas, so don't let my opinion go to your head ![]() |
#7
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felton wrote:
Well, you did mention Belgium and I spent some time in Antwerp and remember walking along the docks, so I just took a wild guess ![]() Antwerp is lovely place, but I grew up in West Texas, so don't let my opinion go to your head ![]() hey, being from Antwerp, I don't need anyone's opinion to go to my head. The plain and simple truth is that it's one of the nicest cities of Europe ![]() biased). Now, about this 'what if' scenario you gave, combined with the other discussion in this thread = could a US-documented yacht have a non-US citizen as a skipper on a delivery along the East Coast and then out of the USA? Frank |
#8
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![]() "Plastiekske" wrote in message ... Ric wrote: So what was the status of the boat after it was deleted from documentation? As you mentioned earlier, you never registered it in Belgium because of the tax. Was the boat just not registered anywhere in the interim? well, since I bought it less than three weeks ago, it's still lying in it's slip in Georgia, undocumented. There's a catch-22 situation in this: in order to register the boat in Belgium, it has to be physically present in Belgium, but ... in order to sail it to Belgium, it has to be registered ![]() Ah that's useful to know, so in my case, as I want to sail it back to NZ over a period of several years, I could just sail it unregistered. |
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