Boat Sale to British Virgin Islands (HELP)
 

May have sold the boat to an individual to British Virgin Islands. This dude wants me to fax him a letter to present to his bank a partial loan to make the deal happen. He wants my address and the boats serial #.
Then he adds the bank will wire the $ to my bank.

Any suggestions ? I'm a little leary of this.

Re: Boat Sale to British Virgin Islands (HELP)
 

If you realy want to try this i would open a new bank account and not have anythign linked to it at all. Then give him that info....about the only way i can see it being safe for you bank wise

Re: Boat Sale to British Virgin Islands (HELP)
 

He did'nt ask for any bank info yet. Just a bill of sales. I said it would'nt be worded as sold but an interest of purchasing the boat for X amount.

Good idea about the seperate account# not linked to another. If he did wire $ to an account, would you need to claim/file taxes on that?

Re: Boat Sale to British Virgin Islands (HELP)
 

Good luck Stan!!! Be careful!!

Re: Boat Sale to British Virgin Islands (HELP)
 

Thanks Craig

Re: Boat Sale to British Virgin Islands (HELP)
 

TTT
Anyone else have some insight on this ?

Re: Boat Sale to British Virgin Islands (HELP)
 

contact kaamascarab30 , he sold his x boat to a person in AUSTRIA :eek: i am sure he can give a pointer or two..

Re: Boat Sale to British Virgin Islands (HELP)
 

Thanks open, will do.

Re: Boat Sale to British Virgin Islands (HELP)
 

There are a LOT of speed boat guys in Tortola I can tell you that much. I would be carefull but also I would not be so fast to dismiss it. Ther is a guy on the board from Tortola who may be able to veryify things for you. I do not remember his name but a quick search for Tortola should bring it up.

Jon

Re: Boat Sale to British Virgin Islands (HELP)
 

THanks Jon, Hopefully he'll chime in. All I know is he said "the valley virgin/Gordo, BVI" whatever that means.