| I believe this is what he is referring to:
US Federal law requires aircraft operated outside of United States airspace for more than 40 percent of their flying hours during any six calendar month period, to be "legally owned” and "registered" by a "Citizen of the United States."
FAR 47.9 refers.
However as a non citizen, that FAR won't be of much use to you.
Folks in the UK get around this by utilising a US Trust who effectively own the aircraft whilst you retain 'beneficial ownership'. The legal title to the aircraft is held by the trustee who has to be a US citizen.
The objective of the law is to ensure that ownership of U.S. registered aircraft is limited to U.S. Citizens. This is necessary for the United States to exercise legal jurisdiction over certain operations of its registered aircraft when they are operated outside of U.S. airspace.
The non US citizen is not the legal owner. |