So, you want to
buy a boat?
Once you’ve made the decision
to become a boat-owner, life will change as you know it. The freedom and fun of heading out on the seas is a feeling like none other.
Buying a boat isn’t as far-fetched of a dream as it seems. People often get scared off at the onset, which is understandable – it’s buying a boat, but it is not as complicated as it seems. By understanding the steps, and the costs entailed – which aren’t as much as you originally fathomed – the rest is simply a matter of choosing what you like.
and above all, budget. Beyond the actual boat, what causes a lot of concern for people is the registration process. Helping you with what you need, the following documents will be required: • • • • • •
First question: first or secondhand? Buying a second-hand boat isn’t
necessarily cheaper, much like second hand cars it is often difficult to get finance for them. Looking at some of the other options; buying a well known brand or alternatively something that works just as well and within your budget- a customized boat. Finding a boat manufacturer that can personalize your boat how you want it can also be high performance, reasonably priced and affordable.
How will you be using your boat?
Are you a casual or sport fisher, watersport junkie, or simply looking to enjoy your time at sea? Once you know, there are many models and types of boats to choose from. Examples of some boats that fall into the custom build category are pictured on the page and all of which can be built up and customized to fit your requirements,
18
•
Passport Copy Visa Copy No Objection Letter from sponsor or company Emirates ID Card Passport size photographs Original Boat Invoice (must be stamped and attested by the Chamber of Commerce, and is completed by your boat builder/ agent) Copy of Engine Invoice
Once you have the documents ready, simply go to the National Transport Authority (NTA). Depending on your residency, you will have to apply in the same issuing Emirate. Offices for each Emirate can be found at http://www.nta. gov.ae/index.php?option=com_content& view=article&id=352&Itemid=153# The registration process will take you through issuing a ‘Boat License Card’, which includes inspections and approval. For expat boat owners, you will be expected to pay a deposit that will be returned once the boat registration is cancelled or the boat is sold. For the registration process, there are a few requirements for your safety that
must be upheld. You will need to keep the following equipment on the boat as they are mandatory for boat registration: • • • • • • • •
Lifejackets (equal to passenger capacity of the boat) Flares First Aid Kit Fire Extinguisher Flashlight Life Buoy Compass Anchor + Rope
In case of an emergency, these items are important for your safety and others coming along with you for the ride. Al Marakeb has ‘Emergency Kits’ ready and available for you to purchase, along with other boating accessories. You don’t need to be rich, famous or privileged to sail the high seas. Buying a boat is a beautiful dream, one that can be made a reality with a few simple steps. For more information, on buying and registering boats contact an associate at Al Marakeb to find out more:
Office: +9716 538 5196 E - Mail: a.hayek@almarakeb.net