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-   -   Purchasing an N Reg throughTrust or LLC (https://www.pprune.org/private-flying/332021-purchasing-n-reg-throughtrust-llc.html)

Sultan Ismail 21st June 2008 03:11

Purchasing an N Reg throughTrust or LLC
 
First of all, I've been through the search forum and no result so here I am.

I wish to own and operate an N Reg outside the USA, can anyone advise me on the requirements to register ownership to the FAA?

I understand the ownership can be an LLC or Trust but what does this effectively mean?

I am not an American citizen.

Your knowlegeable advice is requested,
Thank you

Sultan Ismail

Longfinals 22nd June 2008 07:06

Hi Sultan,

Only US citizens or US companies can own US registered a/c so if you are not a citizen then you will proabbly have to form a company. There are trusts/ companies offering this service and they charge anything from $1500 upwards per year to have the a/c on thier books. I have recently bought an a/c in the US and have done it this way and i pay $2000/year to the company and they take care of all the paper work. They issue you with an operators agreement which in effect is a rental contract. Though the a/c is yours because you paid ofr it it is in fact theirs on paper.

If you need anymore info or want the address of the people i use drop me a line

007helicopter 23rd June 2008 18:21

I use http://www.southernaircraft.co.uk/ and operate 2 N reg aircraft.

It is really effortless, speak to Warren who does everthing you just need to sign a few papers, my cost is less than £500pa each


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