There are a few advantages of Documenting a vessel with the US Coast Guard at the federal level as opposed to registering at the State level. More often than not, Coast Guard documented boats are able to clear customs more quickly and painlessly than State registered vessels as they are protected by the United States flag. Certificates of Documentation are internationally recognized to enter and leave foreign ports.
If there are any future plans on using the vessel as a charter boat or for other commercial purposes, the vessel must be Documented with the USCG. Documenting ahead of the requirement relieves pressures of possible wait times and delays in processing.
Another advantage is that Coast Guard documentation allows financial institutions to record a Preferred Mortgage on vessels. This is the preferred method for banks and financial institutions as it is on record with the Coast Guard with the recording of a Preferred Ship Mortgage. If you plan on financing a vessel, you will likely need to apply for Documentation.
If you wish to follow instructions to file your application to Document your Vessel with the Coast Guard, you may follow the link below:
https://unitedstatesvessel.us/certificate-of-documentation/
