Lon Sells Yachts

Facebook-f Icon-linkedin
Menu

LON SELLS YACHTS

Menu

LON SELLS YACHTS

selling a yacht

US Citizen Yacht Purchase Options in Mexico

Are you a US citizen looking to purchase a yacht? Mexico offers a range of options for  yacht enthusiasts. Whether you’re in the market for a yacht for sale, chartering a yacht or looking for yacht maintenance services, Mexico has you covered.

In this article, we will guide you through the process of purchasing a yacht in Mexico as a US citizen. From vessel documentation requirements to obtaining a Temporary Import Permit (TIP), we’ll cover all the essential information you need to know. Additionally, we’ll discuss
insurance requirements, immigration guidelines, and the process of clearing into and out of Mexico. 

Stay informed and make your yacht dreams a reality in the beautiful waters of Mexico. Let’s explore the details together.

Vessel Documentation Requirements to Enter Mexico

Every vessel entering Mexico must carry its original and current USCG Vessel Documentation or State Registration that proves ownership. In case the USCG documentation is pending, a notarized Bill of Sale and travel letter may be accepted. Additional documentation is required if the vessel is owned by a corporation or LLC or if the person operating the vessel is not the individual owner. This includes a notarized Power of Attorney, Corporate Resolution, and Letter of Authorization.

Obtain A Temporary Import Permit (TIP)

All vessels larger than 15 feet are required to have a Temporary Import Permit (TIP) when in Mexican waters. The TIP is valid for 10 years and allows for multiple entries during this period. It can be obtained in person at a Banjercito or certain Mexican Consulates. Required documentation includes:
  • Passport: You will need your valid passport for identification purposes.
  • Vessel Certificate of Documentation or State Registration: Make sure to carry the original and current documentation that proves ownership of your vessel.
  • Credit Card: A credit card is required for payment of the TIP fees.
  • Dinghy Registration: If you have a dinghy, you will also need to provide its registration documentation.
  • List of Equipment on the Boat: Prepare a list of all equipment present on your boat as part of the documentation.

Insurance and Immigration Requirements

When purchasing a yacht in Mexico as a US citizen, it is essential to understand the insurance and immigration requirements to ensure a seamless experience. Here are the key factors you need to consider:
Yacht Consultant

Having a current vessel insurance policy with liability coverage is mandatory in Mexico. This not only protects your investment but also ensures compliance with local regulations.

Valid Passport
All foreigners, including US citizens, traveling to Mexico must carry a valid and current passport. Your passport serves as proof of identity and allows for a smooth entry into the country.
Entry Permit (FFM)

When arriving at the first Mexican Port of Entry, each crew member must present their passport and fill out an entry permit known as an FFM (Forma Migratoria Múltiple). This permit grants you legal entry into Mexico.

Entry Fee

Along with the FFM, there is an entry fee that must be paid upon arrival at the immigration office. This fee may vary depending on your length of stay and the type of vessel you own.

By fulfilling these insurance and immigration requirements, you can ensure a hassle-free and enjoyable yachting experience in Mexico.

Clearing Into and Out of Mexico

When entering Mexico for the first time, you will need to clear in at the Port Captain’s office. This process involves completing a Crew List Document, which includes providing details of all crew members onboard your vessel. Once the crew list is prepared, it must be stamped by the Port Captain’s office.

Additionally, you will need to obtain FMMs (Forma Migratoria Múltiple) for all passengers. The FMM serves as an entry permit for individuals traveling to Mexico. Make sure to have the required documentation, such as valid passports, when applying for the FMM. During the clearing-in process, you will also be required to pay a clear-in fee. This fee covers administrative expenses related to your entry into Mexico and allows you to enjoy your time within the country’s waters hassle-free.

Similarly, when leaving Mexico, you must clear out by completing a Crew List specifically for exiting Mexico. Along with the Crew List, you will need to surrender the FMM forms for all passengers. Moreover, there may be Vessel Check-out fees, which are charges for the process of clearing your vessel out of Mexico.

It is important to note that the clearing process may vary depending on the port. Some ports may also require a Port Use Fee, which covers the use of facilities and services at the port during your stay.

Ocean Search & Rescue in Mexico and Clearing Back into the US

Mexico has an Ocean Search, Rescue, and Surveillance (ENSAR) system administered by the General Armed Forces of Mexico. This system ensures the safety and security of boaters in Mexican waters. In case of emergencies or distress signals, the ENSAR system coordinates rescue operations.

As a US citizen returning to the United States from Mexico, it is important to follow the proper procedures for clearing back into the country. The U.S. Customs and Border Protection (CBP) offers a convenient solution with the CBP ROAM app. By using this app, you can report your entry to U.S. Customs and Border Protection quickly and easily.

It is crucial to comply with reporting requirements when returning from a foreign location. This includes reporting after contact with a foreign vessel, when receiving merchandise outside U.S. territorial waters, when carrying more than $10,000 in cash, and after acquiring alcohol, tobacco, or agricultural goods. By using the CBP ROAM app, you can conveniently fulfill these reporting obligations.

CBP Inspection in the San Diego Area

If you are returning to the United States through the San Diego area, there are specific locations designated for CBP inspection. These locations ensure a streamlined clearance process for boaters. It is essential to follow the instructions provided by U.S. Customs and Border Protection and cooperate with the inspection procedures.

Conclusion

Purchasing a yacht in Mexico as a US citizen involves several important procedures and requirements that must be followed. To ensure a smooth process and avoid complications, it is crucial to comply with the regulations regarding vessel documentation, Temporary Import Permit (TIP), insurance, immigration requirements, and clearing in and out of Mexico. By adhering to these procedures and requirements, you can confidently enjoy your yacht purchase in Mexico as a US citizen, knowing that you have followed all necessary regulations.

Frequently Asked Questions

You must carry the original and current USCG Vessel Documentation or State Registration that proves ownership. If the USCG documentation is pending, a notarized Bill of Sale and travel letter may be accepted. Additional documentation is required for vessels owned by a corporation or LLC, or if the person operating the vessel is not the individual owner.
Yes, all vessels larger than 15 feet are required to have a TIP when in Mexican waters. The TIP is valid for 10 years and allows for multiple entries. You can obtain it in person at a Banjercito or certain Mexican Consulates. Required documentation includes a passport, vessel certificate of documentation or state registration, credit card, dinghy registration, and a list of equipment on the boat.
It is mandatory to have a current vessel insurance policy with liability coverage in Mexico. You are also required to carry a valid and current passport. When arriving at the first Mexican Port of Entry, each crew member must present their passport, fill out an entry permit (FFM), and pay the entry fee. It is possible to pre-pay the immigration service fee online before arriving in Mexico.
When entering Mexico for the first time, you must clear in at the Port Captain's office. This involves completing a Crew List Document, getting the crew list stamped, obtaining FMMs for all passengers, and paying the clear-in fee. When leaving Mexico, you must clear out by completing a Crew List for exiting Mexico, surrendering the FMM forms, and paying Vessel Check-out fees. The process may vary depending on the port, and some ports may require a Port Use Fee.
Yes, as a US citizen, you can use the CBP ROAM app to report your entry to U.S. Customs and Border Protection. Reporting is required upon arrival from a foreign location, after contact with a foreign vessel, when receiving merchandise outside U.S. territorial waters, when carrying more than $10,000 in cash, and after acquiring alcohol, tobacco, or agricultural goods. There are specific locations for CBP inspection in the San Diego area.
The key considerations include vessel documentation, obtaining a TIP, insurance requirements, immigration requirements, and the process of clearing into and out of Mexico. It is crucial to comply with these regulations to avoid complications and enjoy your yacht in Mexican waters.