Dear I0540
I sent you a PM. and at all. Here now in writing (if any NON US CITIZEN needs to register a Aircraft in USA and fly it at least 60% in USA Aircraft Registration - Eligible Registrants Note: A non-citizen corporation organized and doing business under the laws of the state of Delaware (or any other state) can own register an aircraft as long as they comply with the following rules as cited in § 47.9 Corporations not U.S. citizens. A bill of sale form that meets the FAA's requirements for evidence of ownership is AC Form 8050-2, Aircraft Bill of Sale, which may be obtained from the nearest FSDO. The form includes an information and instruction sheet. If a c...An aircraft is eligible for U.S. Registration if it is owned by:
You can help make sure your aircraft is properly registered by verifying that the aircraft description entered on the Aircraft Registration Application and Aircraft Bill of Sale (or equivalent) is identical to the data inscribed on the aircraft manufacturer's data plate. The data plate is permanently affixed to the aircraft fuselage by the manufacturer. This quick and simple check should help avoid delays in the issuance of the AC Form 8050-3, Certificate of Aircraft Registration. Aircraft Previously Registered in the United States You should immediately submit evidence of ownership, an Aircraft Registration Application, and a $5 registration fee to the Federal Aviation Administration, Civil Aviation Registry, AFS-750, Mike Monroney Aeronautical Center, P.O. Box 25504, Oklahoma City, OK 73125. Fees required for aircraft registration may be paid by check or money order made payable to the Treasury of the United States. A bill of sale form that meets the FAA's requirements for evidence of ownership is AC Form 8050-2, Aircraft Bill of Sale, which may be obtained from the nearest FSDO. The form includes an information and instruction sheet. If a conditional sales contract is the evidence of ownership, an additional $5 fee is required for recording. For FAA registration, the bill of sale need not be notarized. (Refer to figure 1) Source: Airplane registration in Delaware when you file a Delaware corportion or LLC. |
Just a word of caution about trusting a US citizen with this kind of transaction. I know of one guy near DFW who lost two C-150's and a Marchetti 260 when he had a serious falling out with the guy who he had legal title the the planes and he basically had to stand by as they were dismantled for part over a few years. He was not a USC or permanent resident at that point. You really have to trust someone to have any chance of success....
- Tim |
You say that your friend has already bought the aircraft.....are you sure that the aircraft is still registered? Normal practice is for the seller to deliver a bill of sale to the FAA and the FAA will act on that. If the buyer is a non-US qualifier then the aircraft is deregistered. Getting it back on the register will require the action of somebody properly qualified. And a little money, of course.
Don't ever crystallise a deal without knowing your course of action. A stateless aircraft cannot be flown at all! |
Deegan,
You are probably going to have to go the Delaware corporation route as described in your link. The trust solutions are more applicable to people who want to operate the aircraft outside the US for extended periods of time. NOTE VERY IMPORTANT - as FF has indicated, if your description is accurate, the aircraft is almost surely unregistered at the moment. This means illegal to fly and uninsurable. The FAA and insurance companies both have a track record of prosecuting/not paying in the event they discover the owner has allowed an unregistered aircraft to be operated. Also, you may find US insurance companies are a bit twitchy about insuring your particular situation. AVEMCO, while not the cheapest, does have quite a flexible approach. You may need to take an annual policy with quarterly payments (and the ability to cancel on a couple of months notice). It is worth considering if it is more economic to set the Delaware Corp up, do your US flying ending at your hanger and then have the the engine 'winterised', move to ground only insurance and when you are ready have it crated and shipped rather than have it be periodically flown by someone else (who may be problematic to insure). IO's point regarding European VAT doesn't apply if you are shipping the aircraft (rather than ferrying). |
I think the aircraft is still registered, but I am not sure. I check on it.
Thank you MM flynn. This makes sence to contact a flexible insurance company, choose quarerly payments - maybe AVEMCO and then winterise the plane and insure it with a gorund insurance. Thank you I really appreciate all your help. I give the delaware guys a call now |
That, according to my insurer, is a problem which one cannot do anything about. can't the same be done with aeroplanes - "XYZ Corp owns the aeroplane on behalf of Mr B. If the company should fold or die then the aeroplane still belongs to Mr B" ? My wife has a US passport so anyone wants to give her their aeroplane, then that is fine! No charge, just free use :} |
"XYZ Corp owns the aeroplane on behalf of Mr B. If the company should fold or die then the aeroplane still belongs to Mr B" ? But yes I guess you could have a clause under which the ownership reverts to the Trustor, upon the death of the Trustee. Then the plane would be grounded the instant he dies because it is no longer owned by a US citizen - presumably until another U.S. Trustee is found. This, I guess, is why the Delaware Corporation route is used for most big iron. IIRC, the Trustor owns 25% and a bunch of U.S. citizens (lawyers etc) own the other 75%. The 75% is not likely to die all at the same time, and if one dies, they can sort out a replacement right away; the company shareholding structure then continues. Your wife owns half the matrimonial assets regardless of whatever contract you have :) |
Originally Posted by Deegan
(Post 4903992)
I think the aircraft is still registered, but I am not sure. I check on it.
Once again, free advice (like just provided by me) is worth what you paid for it. |
He has said that he plans to register it in Thailand.
I would advise, and have done so already, that he evaluates the pros/cons of keeping the aircraft N. Safe flights, Sam. |
I am advised by a friend who lives there that Thailand does not allow long term N-reg parking there.
I offered the OP to put them in touch. The Thai CAA was set up by the FAA and is run pretty tightly. A lot of details need to be done right. |
Yes thats right. Thailand is his own world.
As I mentioned: The plane stays in US for a while, therefore I need the Registration. Once the Plane raches Thailand it HAS the be Thai Registered. Even if I want to keep it N Registered. @ SoCal App: You are right. YOu should always prepare yourself. But, we never expected to buy a plane here in U.S. at this vacation. We just went lucky and find a awesome deal. And all of yo helped me to get this done. I really appreciate that. Thank you so much, all of you. I contacted yesterday Globe Inter Airplane registration in Delaware when you file a Delaware corportion or LLC. They even offer Foreigner to create a Delaw aware Company and trade it later into a Trust, if you need it.Wich I dont need |
INSURANCE:
Hello Guys, may I ask one more question. I tried now to get a Insurance. Avemco said: They not insurance NON US Resident |
When I used AVEMCO they didn't ask for proper US residence, but they did want a US address. Use your friend's hanger address. I believe the policy needs to be written in a specific state as state law applies to many aspects of insurance policies in the US.
Please note, I am a non-resident US citizen, however, I know of British citizens that have used this approach to arrange US insurance. |
Can anyone tell me what are the advantages of using a delaware corp to get a N# for non US citizens?
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I am certainly not an expert at this, though I do own a Canadian aircraft on behalf of a non-Canadian, so it may remain Canadian registered, and fly in Canada pending its export to his country.
To asure that I don't run off with the plane, and it is his if I die, I signed a blank bill of sale, which he can produce at any time he pleases to take formal ownership of the aircraft. I don't claim to know all the legal its and outs of this, but the law firm who did everything was hired by him, and seemed satisfied that he effectively retained ownership. I hope that helps... |
Delaware has no Personal Property Tax
US states, counties and cities may assess personal property tax on vehicles, boats, aircraft etc. against individuals and businesses.
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Originally Posted by RatherBeFlying
(Post 5542222)
US states, counties and cities may assess personal property tax on vehicles, boats, aircraft etc. against individuals and businesses.
With regard to the question. If it makes sense for there to be a corporate holder of the aircraft then Delaware would be the logical place (economical, flexible and home to something like half the corporations in America). HOWEVER, corporate ownership making sense for a non-US Citizen would depend quite heavily on the detailed facts. Most people go with a Trust (although the Trustee themselves might be a corporation and hence likely Delaware based). |
N Registration
It is against FAA regulations to register an aircraft in an American's individual name if he is not the owner. Ask the FAA, they will tell you. It is in fact a felony by American law.
It is against the FAA law if the benefical owner of a company that registers an aircraft is not American or if a non American controls the company. The FAA has a legal avenue. You can register your aircraft with a FAA Trust company. There is only one company that registers your aircraft with your name and address on the registration, International Air Services Inc. It is also the cheapest company at under £200.00. Other companies include Southern, Aircraft Guaranty and Avcorp. |
A non-citizen can own the company which owns the aircraft as long as it's properly registered in any of the 50 states, has a tax ID, keeps flight records for inspection at a designated address and doesn't amass more than 40% of the flying hours outside of the US in a year.
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You are correct. I was referring to the aircraft based in the U.K. and Europe.
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