There are some important steps you need to take if you thought of importing a boat into Canada. Following the process ensures that it’s done legally and that you won’t face any penalties or fines from doing so incorrectly. Getting the paperwork organized is the best way to avoid any trouble when you get to the border and are preparing to cross over. This guide will give you the basic rundown of what you need to know before you import your vessel.
Declare All Cash Before Importing a Boat into Canada
If you are bringing cash to purchase a boat, you need to declare it, both at CBSA and US-CBP. This takes a few extra minutes but makes it infinitely easier to complete your transaction and bring your boat back to Canada as you complete the United States interview process. You can find the declaration form on the internet, saving some time and effort. Keep in mind that if you don’t spend all the money you declare on the boat, you will need to prove that you still have the remainder when you return.
Buying a Boat
Before you return to Canada with a boat you’ve recently purchased, it’s a good idea to have it checked out by a marine mechanic. You’ll also need proof of ownership and a bill of sale that proves you have bought the vessel and are the legal and rightful owner. Make sure all official numbers on the boat match the paperwork. It’s always a good idea to check and double check all details to ensure that they are correct. Fixing errors will take additional time and could result in additional fees, so it’s best to have everything in order the first time around.
At the Canadian Border
When you arrive at Canadian customs, you will need to declare that you are importing a boat, including its value and selling cost. This is also when you will need to have your bill of sale and proof of ownership handy. Removable accessories should also be noted at the border. Depending on where you enter Canada, you may also have to pay sales tax. In other places, there is no sales tax. Knowing this ahead of time allows you to be prepared with the appropriate funds, should they be required.
When You Get to Canada
Once you have returned to Canada, there are some additional steps you need to take care of to complete the process of importing the boat into Canada. Of utmost importance is mailing back the license plate. You’ll also need to get a federal inspection on the vessel, as well as apply for your pleasure craft license and mail or submit it online. It’s recommended that you keep all receipts and paperwork that’s applicable to the import process for seven years.
Simplifying Boat Importation into Canada
Importing a boat into Canada must be done correctly but isn’t overly complicated or difficult. If you have additional questions or concerns, let us help. Contact the Canadian Vessel Registry today for all of the answers you are looking for.
