Owning/flying N-reg w/FAA license in EU
Greetings,
I am an US citizen, US-based PPL pilot with ties in the Czech Republic. As I may spend more and more time in CR soon, I'm contemplating keeping a small GA plane (C152) there with N-reg for personal flying. I'm trying to get more info on possibilities, pitfalls, regs (FAA-based, regarding annuals, etc). I'm aware that I should be legal flying N-reg with my FAA license there (even IFR, perhaps), but how about the plane being permanently located there? How about my Czech PPL buddies flying it? (I assume within the CR only). All possible? Anyone has any input? TIA, Ringo.
PS: "Air America" on TV now! Gotta go!!!