boat registration, british virgin islands yacht registration, marine documentation, USA
21 November, 2024

BAHAMAS
The rate of duty on pleasure vessels of less than 150 gross tons, but not less than 30 feet in length, is 10% (with an additional stamp duty of VAT cost of 7% + freight)..

Pleasure vessels of less than 150 gross tons but more than 100 feet in length are subject to a 5% duty rate (with an additional stamp duty of 1%).

Owners of foreign registered vessels (including U.S.) may keep them in the Bahamas for one year without paying duty and may extend this one-year stay for up to three years by paying a fee of $500 per year after the first.

To register a vessel in the Bahamas, the vessel must be there for a physical inspection.

Duty Bahamas, Visiting Period Bahamas, All Yacht Registries

Vessel Registration, marine documentation, Registration boat

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