Panama Yacht Registration
Our firm can assist with registration of your Yachts in Panama. Pleasure craft are subject to a different pricing structure from the Maritime Registry.
Registration is normally for two years initially, renewable.
The tariff is as follows:
- $1,500.00 – if owned by a foreign citizen
- $1,000.00 – if owned by a Panamanian citizen (or a Panamanian corporation)
This tariff must also be paid upon each renewal.
Documents required:
- Purchase Agreement (Bill of Sale)
- If the yacht is newly built, then a Shipbuilder’s Certificate
- Power of Attorney (to our firm)
- Deletion Certificate from previous registry (or Builder’s Certificate)
- Radio Operator documentation
- If the yacht is more than 20 years old, then it will also be required to undergo a survey and other safety requirements.