Bahamas Yacht Registry Overview
What you should know about yacht registration in the Bahamas.
Bahamas registry overview is a free public service designed to inform boaters about federal registration requirements, recording methods, and record search lookups in the Bahamas. This includes essential references referrals for the most detailed and accurate information currently available.
Bahamas Yacht Registry
The
Bahamas, known officially as the Commonwealth of The Bahamas, is an
independent island country located in the West Indies of the Atlantic.
The official language is English. The Bahamas Maritime Authority (BMA) is a well-respected flag worldwide.
It provides a straightforward, cost effective and efficient registration procedure for private,
charter and passenger yachts. Other advantages include privacy and
tax exemptions.
Registry Administration
The Bahamas Maritime Authority primary office location is in Nassau. It also supports a worldwide network of yacht registry offices
in Nassau, London, New York, Hong Kong, Piraeus, and Tokyo. Visit the BMA website for contact information on the respective offices.
Registry Requirements
Yachts 12 meters in length and above will qualify for the Bahamas yacht registry. Those older than 20 years are not typically eligible for registration in the Bahamas. There are no ownership requirements, limitations or conditions of nationality, residence, or company incorporations for registering a yacht in the Bahamas.
Recording Provisions
The BMA has a user friendly procedure for the registration, transfer and discharge of mortgages. Mortgages are recorded in the order of the date and time in which they are presented to the registrar. They attain priority according to the date filed rather than that of the instrument.
Registry Searches
The BMA registry listing link shown in the referrals for this page will provide a cross reference between vessel names and official numbers. Information about obtaining a transcript of registry or copy of the certificate can be obtained by contacting the Bahamas Maritime Authority website.
Taxation
There are no taxes levied on yachts in the Bahamas other
than VAT on charters, cruising permit fees, and foreign taxes if operating abroad.
Conclusion
This overview was compiled by a maritime professional and enhanced with AI technology. While we strive for accuracy, the content may be subject to change without notice and may contain errors, omissions, or misstatements. Before acting on this material, you should consult the appropriate authority or a qualified legal professional.
References and Referrals
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