PANAMA
YACHT REGISTRATION
Panama is
the most widely chosen jursidiction for yacht and ship registration
than any other country in the world!
The Panamanian
ship registration laws offer very flexible terms and affordable
costs for maritime vessels registered in the Republic of Panama.
One of the primary advantages for registering pleasure yachts,
is that there is a flat registration fee, regardless of the size
or tonnage of the marine vessel.
Documentation
requirements:
· Bill
of sale,
· Admeasure
certificate of vessel,
· Cancellation
of previous registry of vessel (if not a new vessel), and
· Special
Power of attorney, authorizing our law firm to handle the application.
Registering
a marine vessel in Panama is handled efficiently, and the procedure
involves two simple steps:
I. The Provisional
Navigation Registration can be processed and approved if you fax
us copies of the necessary documents. The time frame is approximately
5 to 7 business days
II. The Permanent
Navigation Registration can be processed as soon as we have the
original copies of the documents required. The time frame is approximately
5 to 7 business days.
* We can also
assist in obtaining a Panamanian yacht license for captain and
crew.