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Default gain/loss 'documentation' by USCG ?


"Courtney Thomas" wrote in message
...
I am told that the U.S. can commandeer your boat at will if USCG
documented.

Would this be true if she was out of U.S. waters ?

Would this ever be true if not USCG documented or if of foreign registry ?

I should add that fear of U.S. gov. seizure is not a significant motive
here, just an example of a potential disadvantage of USCG documentation,
and
a weighing of pros & cons of USCG documentation is the sole consideration.
Another disadvantage, in certain waters, might be... flying the U.S. flag,
at all. On the other hand, registering as a foreign vessel would require
importation & licensing fees, which
is a not inconsiderable cost and would be a good reason to maintain USCG
documentation.

I guess under the 'right' circumstances any government can legally do the
same, but in that I'm considering hailing from a non-U.S. port, and maybe
registering it as a non-U.S. vessel, I was wondering what information
should
be factored into such a decision.

The bottom line: if said boat is operating out of the U.S., or hails from
a
port other than U.S., what [dis]advantages are there in having USCG
documentation ? Or is hailing from a U.S. port required for USCG
documentation ?

Sorry for not being initially more clear,

Courtney


Any government at any time for any reason can "sieze" your vessel, and there
won't be much you can do about it at the time of siezure. You can, of
course, then launch a legal battle to have your rightful property returned
to you, but governments, being evil by nature, don't much care whether or
not your rights are being violated. And it won't matter whether your boat is
federally documented or state registered.

In reality, does this happen often? Only if you make yourself a target.


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Default gain/loss 'documentation' by USCG ?

"KLC Lewis" wrote in
:

Any government at any time for any reason can "sieze" your vessel, and
there won't be much you can do about it at the time of siezure. You
can, of course, then launch a legal battle to have your rightful
property returned to you, but governments, being evil by nature, don't
much care whether or not your rights are being violated. And it won't
matter whether your boat is federally documented or state registered.



There IS a reason why the superrich always flag their big yachts in small
fiefdoms where local officials can easily be bribed into anything with a
few dollars, that means nothing to the superrich.....

I've never seen them flag their big motoryachts in the US or Canada at the
docks, here. Little islands or little countries....

Larry
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Default gain/loss 'documentation' by USCG ?


"Larry" wrote in message
...
There IS a reason why the superrich always flag their big yachts in small
fiefdoms where local officials can easily be bribed into anything with a
few dollars, that means nothing to the superrich.....

I've never seen them flag their big motoryachts in the US or Canada at the
docks, here. Little islands or little countries....

Larry
--


Ah, but then these "superrich" also have armies of lawyers at their beck and
call, ne?


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Default gain/loss 'documentation' by USCG ?

"KLC Lewis" wrote in
:

Ah, but then these "superrich" also have armies of lawyers at their
beck and call, ne?



And the very reason you never see USCG or local law enforcement stop them
as they enter the harbor to inspect them.

If Bin Laden wants to blow up any US port, it's easy. Just pack a 100'
Azimut with dirty bomb and help himself. We won't stop him for fear of his
money and lawyers.

Larry
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