Originally Posted by
grind king
I’ve owned an N registered Piper Cherokee and kept it in Canada where my partner did all her Canadian licences on. The airplane can not be owned by a Canadian (US RULE) but a Canadian can own a US company (LLC) that owns the airplane.
There are citizenship requirements for a US based LLC to be the registered owner of a US aircraft. See 14 CFR 147.2. A US based LLC with the only member being Canadian would not meet citizenship requirements and would not be eligible to be the registered owner. An LLC with majority US citizen membership may be eligible.
A non citizen corporation can be the registered owner but there are operating limitations and reporting requirements that would make this option unattractive for an aircraft used in Canada. 14 CFR 147.9.
No I'm not lawyer but I was recently directly impacted by these registration requirements.