Excellent
Fast, Affordable, and Globally Recognized
Panama Yacht Registration
Fast, Affordable, and Globally Recognized
Panama Yacht Registration
Looking to register your yacht? The Panama yacht registration is one of the most popular and trusted options worldwide. Known for the Panama Canal, Panama has been a leader in maritime services for over 73 years. Panama offers a range of options for yacht and ship registrations, catering to vessels involved in all types of maritime activities. A major benefit is that Panama is Paris MoU Whitelisted, ensuring hassle-free customs procedures and global recognition for your yacht.
Benefits of Panama Yacht Registration
Low yacht registration costs
Fast registration process (receive your provisional registration in just 2 working days)
Available to all nationalities
No VAT on yacht purchases
Paris MoU Whitelisted for smoother international shipping and customs
Low annual maintenance fees
No mandatory yacht inspection
Valid worldwide
Why Choose Panama Yacht Registration?
Why Choose Panama Yacht Registration?
Registering your yacht in Panama is a smart choice for yacht owners looking for a cost-effective, fast, and internationally recognized registration option. Panama offers one of the quickest registration processes in the world, allowing you to get on the water faster. Additionally, Panama’s low yacht registration fees and tax advantages make it one of the most affordable options available.
How to Register Your Yacht in Panama:
How to Register Your Yacht in Panama:
At BlueWater Registration Services, we help yacht owners worldwide with the Panama yacht registration process. Our service is simple, fully online, and conducted in English. Once you submit the required documents, we will immediately begin processing your yacht registration. After approval, your Panama boat registration will be sent to you via overnight courier, no matter where you are located.
Panama Yacht Registration Process – Open to All Nationalities
Panama Yacht Registration Process – Open to All Nationalities
How Long Does Panama Yacht Registration Take?
Panama Yacht Registration Process – Open to All Nationalities
The Panama boat registration process is one of the fastest in the world. After submitting your documents, you will receive your provisional yacht registration within just 2 working days. This quick turnaround time means you can start using your Panama-registered yacht almost immediately.
Panama Yacht Registration Costs
Panama Yacht Registration Costs
Registration fee: €899
Government fee: €1499 (additional)
Bill of Sale registration: €425 (additional)
Documents Required for Panama Yacht Registration:
To complete your Panama yacht registration, we require the following scanned, notarized documents in English (or translated):
Documents Required for Panama Yacht Registration:
To complete your Panama yacht registration, we require the following scanned, notarized documents in English (or translated):
Proof of ownership (Bill of Sale or Invoice)
Builder’s certificate (for new yachts)
Power of attorney (we provide this)
Deletion certificate from previous registry (if applicable)
A signed non-commercial use letter (we provide this)
Once you receive your provisional registration, you’ll need to send the original documents by courier to complete the permanent registration process.
Why Panama Yacht Registration is the Best Choice
Why Panama Yacht Registration is the Best Choice
By choosing Panama, you get a globally recognized, hassle-free yacht registration, with benefits like no VAT, fast processing, and low fees. Whether you’re a yacht owner seeking a convenient registration or looking to avoid unnecessary taxes and inspections, Panama yacht registration offers the best value.
Registering a yacht in Panama offers several key advantages:
1. Low Costs
Panama provides competitive registration fees, reducing operational expenses.
2. Tax Benefits
No sales, income, or capital gains taxes on yachts, lowering tax liabilities.
3. Global Recognition
Panama’s flag is respected worldwide, easing international navigation.
4. Flexible Ownership
Foreigners can easily register yachts without needing local residency or corporations.
5. No Crew Restrictions
Owners can hire crew of any nationality, offering greater flexibility.
6. Quick Registration
The process is efficient, often taking only a few days.
7. Navigation Freedom
Panama’s maritime agreements facilitate worldwide navigation with fewer restrictions.
8. Simple Transfers
Ownership transfers and de-registration are streamlined.
9. Privacy
Ownership details are kept confidential, providing discretion.
10. Strong Legal Framework
Panama has a robust maritime legal system to protect yacht owners.
Your Yachtregistration Company
BlueWater Registration Services
YACHT Registration COMPANY
BlueWater Registration Services
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Questions? Speak to one of our registration advisors right away
Or have a look at our FAQ section.
