FLYING THE FLAG
Liam Ryan outlines the benefits of registering with the St. Kitts & Nevis International Ship Registry
Registering a yacht with St. Kitts and Nevis offers numerous benefits for yacht owners, including tax advantages, privacy, ease of registration, flag state support, and access to stunning cruising grounds. The combination of favourable tax policies, a robust legal framework, and a beautiful Caribbean setting makes St. Kitts and Nevis an attractive choice for yacht owners seeking a secure and enjoyable yachting experience.
By considering registration with St. Kitts and Nevis, yacht owners can enhance their ownership experience and enjoy the freedom and luxury that comes with owning a yacht.
One of the primary reasons why yacht owners choose to register their vessels with St. Kitts and Nevis is the attractive tax benefits. By registering their yachts in St. Kitts and Nevis, owners can significantly reduce their tax liabilities and enjoy greater financial flexibility.
St. Kitts and Nevis is known for its strong commitment to privacy and confidentiality. Yacht owners who register their vessels in this jurisdiction can benefit from the country’s robust legal framework that protects their personal information. This level of privacy is particularly appealing to high-net-worth individuals who value discretion and want to keep their yacht ownership details confidential.
Registering a yacht in St. Kitts and Nevis is a straightforward and efficient process. The country has a well-established ship and yacht registry that offers a streamlined registration procedure. Yacht owners can expect a quick turnaround time and minimal bureaucratic hurdles, making it an attractive option for those seeking a hassle-free registration experience.
St Kitts and Nevis are one of 27 countries that hold a US cruising licence issued by the United States of America. What does this mean? U.S. cruising licences exempt pleasure yachts from having to undergo formal entry and clearance procedures but the first port of entry for the yacht in the United States. The licence given to yachts is usually for 1 year and can be obtained from the U.S. Customs and Border Protection (CBP) Port Director at the first port of arrival in the United States.
St. Kitts and Nevis is a reputable flag state that provides comprehensive support to yacht owners. The country is a member of the International Maritime Organization (IMO) and adheres to international maritime regulations and safety standards. Yachts registered under the St. Kitts and Nevis flag can benefit from the country’s diplomatic protection and assistance in case of emergencies or disputes while sailing in international waters.
Beyond the practical advantages, St. Kitts and Nevis offer yacht owners access to some of the most breathtaking cruising grounds in the Caribbean. With pristine beaches, crystal-clear waters, and a vibrant marine ecosystem, the islands provide an idyllic setting for yachting enthusiasts. Yacht owners can explore neighbouring islands, enjoy water sports, and immerse themselves in the rich cultural heritage of the region.
If you are looking for a high quality registry to place your yacht, contact us at [email protected] and we will connect you with the nearest office to your location..
For more details Tel: +44 (0)1708 380400 or visit www.skanregistry.com
