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airplane ownership

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airplane ownership

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Old 16th May 2018, 08:52
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airplane ownership

Greetings,

I would like to know if foreigners can own a C- registered airplane in Canada.
Anybody who knows the regulations about it?
Thanks in advance

LP
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Old 16th May 2018, 15:36
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Here's the regulation on that question. Canadian Aviation Regulations
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Old 17th May 2018, 07:26
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[QUOTE=Mostly Harmless;10148438]Here's the regulation on that question. Canadian Aviation Regulations[/Q


thank you for the informations..

LP
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Old 17th May 2018, 23:40
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I hope it helps.
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Old 18th May 2018, 01:58
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The more precise regulation you'll be looking for is 202.15 in the referenced CAR's. In short, the aircraft must be owned by a Canadian citizen, or a Canadian corporation. You'll probably find that a Canadian corporation requires some Canadian ownership. I know non Canadians who have owned a Canadian corporation, with minor Canadian citizen participation ownership, to enable them to own a Canadian registered aircraft.
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Old 18th May 2018, 07:14
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Thank you Pilot DAR!

Yes, I found the 202.15. I understand that only canadians persons or canadian companies can own airplanes.
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Old 21st May 2018, 00:12
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In short, the only path to aircraft ownership for foreigners in Canada is to have a corporation which involves minor Canadian participation and ultimately register the aircraft under the corporation name?
That's convoluted. Why make this specifically hard for aircraft ownership and not for, e.g., cars?
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Old 21st May 2018, 03:07
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Corporate Ownership

Originally Posted by Okihara View Post
In short, the only path to aircraft ownership for foreigners in Canada is to have a corporation which involves minor Canadian participation and ultimately register the aircraft under the corporation name?
That's convoluted. Why make this specifically hard for aircraft ownership and not for, e.g., cars?
Ha! Well, that would be nice, however; with the new tax laws coming into effect and the ramifications of utilizing an aircraft registered to a business and utilizing it for pleasure.....best to fly First, Business or charter your own aircraft as that's what the new proposed legislation will tax you at.
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Old 22nd May 2018, 03:12
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Perhaps registering the aircraft in another country might be a workaround worth investigating. Why does GA red-tape have to be such a pain pretty much anywhere worth flying?
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