6 Benefic Reasons of BVI Yacht Registration

The VISR aka Virgin Island Shipping Registry always thinks of its applicants and registrants. The VISR always makes sure that all the ships, yachts, vessels, and boats can sail safely, securely, and professionally with freedom in any part of the globe.

Moreover, the registrants can enjoy the liberty of seas with the RED Ensign flag under the vigorous support of the Maritime Administration and Royal Naval guard.

The Memorandum of Understanding with the UK empowers the VISR to work as one of the category one BVI yacht registration operators of BVI ships under the Red Ensign Group.

Consequently, VISR can register ships of all types, tonnage, and sizes; and enables ship owners to avail of all advantages that are experienced by BVI registered yachts, ships, and vessels.

Reasons to Register With VISR

The BVI or the British Virgin Islands is noted as one of the top sailing destinations for ship owners due to its enormous legal and formal benefits.

So, ship, yacht, or boat owners who are thinking of undergoing VISR yacht registration but still a bit skeptical; should read the advantages of VISR registration,

1. You can get to register your vessel or yacht or ship with VISR at a very competitive registration fee along with nominal annual maintenance fees

2. The Virginia Island Shipping Registry (VISR) certificates are worldwide acknowledged.

3. VISR has come up with a simple but safe registration process. The process eases the new VISR yacht registration process, the ownership transfer, the process of ship mortgage and granting process, and so on.

4. VISR is a top category member of the Red Ensign Group of British Registries. Thus, ships, yachts, vessels, or boats registered in BVI are recognized as British Ship and these are permitted to sail with the Red Ensign flag.

5. Being a member of the Red Ensign Group, the ship, yacht, and vessel are entitled to undergo Royal Navy protection and support from the British consular.

6. As BVI is a politically stable and safe jurisdiction in British overseas territory, tax-neutral place; registering with VISR is always beneficial for ship owners.

Though, the main reason behind the BVI yacht registration is to confirm the nationality of your ship or vessel, to get a title locked for a moveable asset, and to permit the ship to use as the security for the reason of marine mortgage.

When a ship is registered under the VISR and Red Ensign Group, it gets the freedom to onboard international voyages without any legal barrier.

Putting It Altogether,

Whether you are a citizen in BVI or you have a company registered in BVI, you can have the opportunity to register your boat or yacht or ship under the VISR. Even, citizens of

• The UK and it's Crown dependencies,

• British overseas territories,

• EC,

• EEA,

• Caribbean community,

• Member state of EC or EEA,

• The Organization of Eastern Caribbean States can apply for VISR yacht registration.

The updated list by VISR helps to fulfill the demands of individuals as well as that of companies that desire yacht registration under the British Virginia Islands Shipping Registry.