International Boat Registration
 

Hi. Anyone registered in, or have information on, Langkawi Malaysia? I'm considering flagging my boat there due to all the recent restrictions with Delaware. I found a company online that does registrations there and that got me to thinking... They allow charters and you don't ever have to visit there.

What could go wrong? Do you pay $10k but you get $15k back in tax breaks afterwords? my guess more if a prince signs off on it?

Probably less money just to pay the sales tax.

Why Langkawi? Are you based in the area? A lot of big boats are registered in the Cayman Islands and also Nassau, good tax havens.
The OP must have a much bigger boat than my last couple... :D

RR

P.S. Just scanned through this quickly, may be useful?
https://nomadcapitalist.com/2017/07/...-registration/

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Thank you for some of your responses. I'm just looking around for other options that give me the freedom to travel domestic and internationally. I called Yacht Registry and they informed me that Langkawi is tax free, I have the freedom to travel anywhere, and I can register for up to 5 years. They work with one of the few authorized agents for Malaysian registration. I did some checking and they have an A+ BBB rating and have been in business for a long time. This looks legit.

Becky Devos yacht is documented in the Cayman's, even though its actually a company yacht and not hers

I am no where near Langkawi, but it doesn't matter. I am not required to visit there. I've been reading it about it and it seems like it is growing in popularity. Not decided yet, but I like to know about all of my options