N Reg Trustee
Are you looking at buying an American (N) registered aircraft? The United States has more aircraft manufacturers and available pre-owned aircraft for sale than any other country in the world, add the favourable exchange rate between the GBP/Euro over the USD and it is clear to see that you can get much more for your money.
Keeping you aircraft on N register also allows you to exercise your FAA licenses and ratings in your aircraft in your country of operation, operating costs are also usually cheaper compared with JAR registered aircraft.
Unfortunately to accept ownership and title of a US registered aircraft you must be a US Citizen or permanent resident (FAR 47.2), for non US Citizens or firms the easiest way to comply with this law is to employ a US registered trustee to take legal responsibility for your aircraft whilst you act as the beneficiary, which now allows you to own and operate the aircraft, indeed the trustee is just a legal clause to allow you to do this. We offer this service which allows you to own and operate your aircraft without violating federal laws. As a reputable and well established ferry firm we can also assist in delivery, please contact us for a free no obligation quote.
With our legal knowledge and understanding of how to import your aircraft, we keep everything legal whist complying with federal and local laws. It is vital when selecting a Trustee / Holding service that you use a company that complys with the required regulations, we have seen and continute to see, registration certificates revoked and beneficiarys violated, for this reason alone don't leave it to "Uncle Sam" to look after your asset, use a reputable and protected (Ltd or LLC) registered Trustee/Holding firm such as Sky Ferry.
Hot Topic Questions
Q: Can I transfer the title when I sell my aircraft?
A: Yes, we charge £500GBP for this service unless stated.
Q: I have a US friend / family member, can they act as Trustee?
A: Remember we act as a legally bound Trustee, is your acting friend or family member protected against limited liability, also do they have in depth legal knowledge, and finally are you willing to take that risk with your investment?