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04-11-2012, 08:25 PM #11
04-11-2012, 08:38 PM #12
But like everyone else is saying, you're always welcome to ask opinions on it but be prepare for a little flak as to why your uncles nephew is taking care of the taxes, knows nothing of the boat, its price or the procedures, on a non-boating forum.. Its akin to asking what air freshener to put in your new murcielago.. on an airplane forum..
04-11-2012, 08:59 PM #13
04-11-2012, 09:00 PM #14
I still don't think that someone who is buying a yacht of that size does it casually, I understand as your just told us that his wife is having a baby, but usually someone who owns a yacht that big has a respectable fortune of over $75 million and probably has professionals and assistants to handle these types of matters. Also if he can afford a yacht of that size, I don't think he worries about the $20,000, when people build yachts that large they throw budget and savings out the door.------
The only place where success comes before work is in the dictionary
08' X5 4.8i
04-11-2012, 09:22 PM #15
Agreed, If you want to know how to do it, we'll tell ya.. just don't need a story to get the answers bro! And the only reason anyone would question is it is because people come on here daily asking questions trying to represent something they don't have.. If this is the real deal, all apologies and understand our side.. A few gruff responses shouldn't run you off, consider it a hazing to seperate the real from the not..
04-11-2012, 09:34 PM #16
Adding to the point that foreign registration isn't done for cost savings per say, but for greater privacy. This is different though for non-US citizens flagging outside of US waters, who don't cruise in US waters, particularly with crew, especially if their foreign crew with a US owner, so long as the crew aren't US citizens. Again, this isn't a quick and dirty decision to assess if you need or want to register outside of US water. Read up on the Jones Act if you want some bathroom reading. Disregard all of the above if you're not a US citizen. you get to follow an even more complicated rule set. (and... pay duty at some point in time).
Needless to day, your boat builder should be pretty versed in these dealings and would also be able to point you in a proper direction. And if he's building a 30meter boat, it will have a build project manager, who will also be versed in this domain.
Who's the builder?
04-11-2012, 09:40 PM #17
He told me that if I found a cheper option, I could keep the difference...
That's the whole truth and nothing but the truth.
I've been saving everything lately to finance a dream of mine, that "difference" would be golden.2000 BMW M5 Avus Blue
04-11-2012, 09:43 PM #18
04-12-2012, 02:50 AM #19
Yes. She (if it's the 95EXP) made her debut at the Dubai Yacht Show in 2011. Your Uncle's boat should then be hull #2 if my recollection serves me correctly. Majesty has built a few others recently as well. The 125 and 135's are recently hit the water.
Because the builder is in the UAE, You may also consider Seychelles. Read up on it at Seychelles International Business Authority: Ship/Yacht Registration and Yacht registration in the Seychelles - OCRA (Mauritius) Limited
With a little information, we can get you pointed in the right direction.
You may put a call into Aurora Yachts in Dubai. Speak to Anrey Shevchenko. They work closely with Majesty on builds and will know the ropes on foreign registration to the UAE.
04-12-2012, 01:39 PM #20