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As of Autumn 2002, the rate of duty on pleasure vessels of less than 150 gross tons, but not less than 30 feet in length, is 5% (with an additional stamp duty of 1%). 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%). Boats of 150 gross tons or more are duty-free. 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. |
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Proud Member of the Florida Yacht Brokers Association |
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All Yacht Registries, Inc. The Full Service Yacht Registry Specialists |
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| 877-9-SHIPS-9 Jan Painter | 877-9-RV-YATS Connie Crews |
