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01-27-2012, 05:12 PM
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Join Date: Oct 2008
Location: Bournemouth; Dorset; England
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Quote:
Originally Posted by cappyjon431
It's actually a Cayman flag. It is much better for tax purposes to register luxury vessels in Cayman (or Panama, or the Bahamas) than in the U.S.
From the registry report: "The Country the Yacht is Flagged in: Cayman Islands - The official registry port is George Town and her home port is Fort Lauderdale, USA - Class society used: LR (Lloyds Register)"
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the Cayman Islands is a British Overseas Territory located in the western Caribbean Sea.
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