Fun fact, we've never been to the Marshal Islands or Bikini…but now we really, really want to sail there. Get a year supply of vitamin D3+K2 & 5 travel packs FREE with your first purchase: drinkAG1.com/gonewiththewynns
@Alan-sp8lgimagine white knighting for people who couldn't care less about you, dodge taxes, makes a preemptive video about it, diffuse responsibility by roping in other experts so people wouldn't constantly call them out on it and schill you overpriced green juice like the good little consumer you are.
They make it so complicated because they need an easy way to shut down sailors that cause problems. If your out on the open water, just know that we live in a very small world. An American being rude to a waiter while in another part of the world can start the process of shutting you down. You will start to notice yourself getting cancelled. The best way to steer clear of any problems is not drink alcohol while out in public and be nice to everyone even if they are being rude to you. Always keep your phone on you, and know the recorders are always on. If you need to drink alcohol only do it while on your vessel. Otherwise, people need to remember that most people are not going to be happy that your a wealthy American with a yacht or boat.
If they were REASONABLE taxes, no one would bother dodging them. How is it reasonable to tax someone $100,000 on a boat that has never even been to your government’s territorial waters?!? Just because the people who own the boat still call Texas our “home port” doesn’t mean the boat has to call it home. Taxes are supposed to fund benefits for people in the locality that does the taxing. Curiosity may never end its entire existence be within sight of USA or Texan waters. Anyway, I don’t know why I’m trying to bother to explain reality to someone on the Internet. Have a nice life. 😝 I shall go sailing in Texas! ⛵️🌅
@@ckeilahI would kind of agree with you if they registered it in a place they do sail but thry haven't even been to the Marshall Islands. It's a tax dodge, plain and simple. You can think that's a good thing if you want but if we hold others to tax-dodging rebuke, we should hold everyone accountable. Everything else is just cope. Be well.
Every action has consequences. Sure they might be saving money, but now their vessel is registered to a country that has a government that will more than likely never respond to them if they need help. Again, all the laws are complicated and put into place as a way of ultimately having control over one’s property if they break laws, cause problems, and so on. People need to be very careful, all the people that control the waters are sitting at home, many are watching as everyone is living their dream of sailing the world. Something they can never afford. You don’t want to get cancelled because you were drunk in public or rude to a shitty waiter.
This is the only time I've seen a sailing channel address this issue. Just as important you mentioned having a CPA and Tax Attorney on board so to speak. That's a first too. Thanks!
Because not many new foreign boat builds. Most people buy a boat already built and registered. VERY few people face this, including most people buying sailboats. When you go to a boat show or a dealer and buy a boat it’s already registered. As soon as that boat comes into the country to a dealer or to a boat show all of that has been done. For most people, the question is not what country to register the boat but what state. John Kerry got busted for this because he has a yacht that he keeps registered in a different state to avoid paying sales taxes. It’s also in another state that has lower insurance and lower annual property taxes. But of course he wants your tax dollars to pay for a war that’s not needed that America started in Ukraine and lots of other bullshit! Typical liberal hypocrisy. They will avoid taxes anyway they can but they want you to be taxed to pay for all the crap that they like.
So many hoops to go through living on a boat. I'll never go sailing; but being educated on the things you do to provide content is actually entertaining.
Do you own a house? A boat is not much different. A bit, yes, because you're traveling between countries but on the other hand, you don't have to deal with HOAs... ;-)
It's really only complicated if outside the US. If you are American and only sail around America, which is what probably 98 percent of American sail boat owners do, then it's no more complicated than owning any other boat or camper/RV, etc.
@@nedhill1242 but then you have either to deal with importing the boat or have it done by a local agent. Both of which are going to add quite a bit of cost to the boat. Also I think the subject was at least in part, cruising. Why restrict yourself to just your backyard? There's a whole world out there!
So many sailing channels on sailing adventures , boat repairs , boat builds , boat "buyer's remorse" ; then there's #GoneWithTheWynns that talks about one of the most important aspects of boating .
Many thanks for taking the time to answer some questions many of us have and not losing us! Fair winds and gently following seas. May your blessings be gathered in the wind.
If you want to watch a proper sailing channel try No Bullshit Just Sailing with Erik who's Norwegian. Now that nation grows sailors who can do it in the most difficult sea conditions, it's in their DNA, going back over a thousand years.
@@ginnypeckham4022 I am not sure it is really fair to make a comment in someone's channel that another channel is better for some reason when this couple have shown over time they have a good family oriented perspective and are just a nice family overall. Perhaps it was not intentional but I feel you could have worded your comment better. The Wynns are definitely trying to put out useful information to help others which many people may not have thought of including myself.
I made it through the entire video because I watch all your videos, not just the “ones that appeal to me”. I enjoy them all! Nikki, I’m hoping one day you’ll make a cookbook as I love the things you cook!
Wow! This information was something seldom (if ever) posted online. Who would have guessed there were so many nuances? The Wynns have enlightened all of is! Thanks!
Thank you so much for the explanation. I watched to the end and am not currently buying a boat and still found the video very interesting. I always wondered why so many boats had that Marshal Islands as their registry... And thanks to you both, now I know.
Incredibly informative, similar to an indepth crash course in licensing/registering a boat! We are thinking of using our boat similar to you, but more in line with a B&B type charter. Many times we have researched and used your blogs to help guide us in using global healthcare, registering the boat, marine friendly equipment, and the importance of embracing being grateful. Thank you so much for all that you share. We've watched you since your early RV days:) Best wishes for many new adventures to come. 💖
Very informative! Interestingly enough, we just went through this with our new cat coming our of La Rochelle France. We don't plan on our boat ever seeing the USA and if it does, get a cruising permit, DONE! And we too found that flagging had a significant impact on our ability to get insurance. We went with the Island of Jersey, a British Ensign. 10 year registration, free 90 day provisional, oh and it saved us THOUSANDS on insurance.... This episode really confirmed what we just went through, Good job!
florida does not require boat insurance ... why didnt you chose florida .. it also has a nice looking state flag as well..lol also.. in usa you dont need paperwork for any fire arm what so ever.. i happen to like that boating l;aw...lol
@tarpanc34 Florida is still part of the U.S.A. last I checked, so all the problems for obtaining insurance for a vessel sailing outside U.S. waters come right back. Curious Minion
@@gonewiththewynns if my state says i dont need insurance in my country then every country has to accept the laws of my home country and state dont that make sence..
@@tarpanc34I would guess it's something along the lines of you still needing an insurance if you want to dock anywhere other then there. Take driving on the roads in the UK for example, just because at your state you drive on the right, you won't get very far that way when you are there :P
What a cool video and such a valuable contribution to the cruising community. I am not a cruiser but I am an avid boater in the US. Loved listening to your attorney provide new information. I love learning new things and this was something I’ve never heard anyone talk about before. This is great seeing your yacht purchasing series come full circle. It’s almost like your channel has gotten a renewal for a new season. Cannot wait to see all the fun videos to come with the new cat. I hope Ben and Ashley get their new boat going soon as well. I love the whole process. Happy sailing to you both!
Would watch paint dry with y'all and have. Not sure how long I have been watching but THANK YOU! my Mom and I went to Whitchurch this Spring and cruised the Llangollen Canal. Watching that series helped decide where we spent our trip. It was delightful and ABC Boat Hire was great to work with. THANK YOU ! THANK YOU ! THANK YOU !
Well done - you made the right choice. Turns out that no one, not even leftists, like paying taxes and complying with all those far left extremist rules created by little bureaucrat dictators. Go figure that avoiding hundreds of thousands of dollars in taxes is a goal, as it should be, for you guys. Welcome to the club. Just make sure you are consistent in the way that you vote as you get what you vote for and they will no doubt be creating rules to force you to pay anyway. Biden is hard at work trying to take what is yours.
The other factor to consider is that many insurers are dropping multihulls altogether as they trim their risk profiles in response to extreme weather events etc. We asked five insurers for quotes on multihulls insurance and only one even replied, and even the previous insurer of the boat was happy to get it off their books despite us having no claims ever. So getting a flag that increases your chances of even getting insurance is a really big deal!!!
Watching from Annapolis! Nice to hear my beautiful hometown mentioned in the video. We like to call ourselves “the sailing capital.” Lots of boats here :-)
I’ll tell ya 16 minutes just flew by. I hope next week is an hour long video as I can’t get enough. I so enjoy and look forward to Sunday mornings with the Wynn’s. Thank you for explaining the registration process. Ever since you brought it up I was curious and interested in why you picked Bikini. Safe travels
Always interesting even though the topics are so varied (and not so obviously things to expect) - you Always do a good job of educating & entertaining! Please don't stop
One of the best informational videos you have put out in a while. We still have about 15 years until retirement, but planning ahead by learning and getting as much information so when the time comes we can jump right in. Been a long time follower and subscriber, and love when good and accurate info is shared. Thanks again. Be safe.
I really LOVE watching your subscriber numbers go up and UP and UP!! Makes me happy! I'm an OG all the way from when you guys were touring in an RV! What changes you've encountered!!
Coffee and Sunday morning sailing school with the Wynn's. It's a bit like a Vermont or Colorado license plate. Once you get one you don't want to give it up. This guy sounds like he knows his boat paperwork law.
Not buying a boat. Not even a sailor. I have been on cruise ships and water ferries and a few cabin cruisers on a lake. I am curious about why and how people do what they do. I am mobility challenged now, all my life but only past 15 yrs I need walking aids, 2 canes now. I used to hike, repel, snow ski and back in school I even ran track. I haven't "missed out" at all. I have found great joy in watching Nikki and Jason and two other sailing families. Great wholesome (except these two and all the caulking innuendoes' 🤣) I am grateful for this platform, where many extremely talented and/or motivating people share a part of their life. As travel has become very challenging, this is a good alternative,
I'm watching from central Florida. I'm not planning on buying a boat, I can't swim, and I can't find anyone else who talks about boat insurance which makes the subject informative; I wouldn't say I like water, but I still find your videos entertaining.
Very cool, I was very curious about why you flagged your boat in the Marshall Islands. Now I understand. There is a lot more to cruising than most of us realized. Thanks for taking me along again! 😊
@@redwolfexr Oh, I think that adds to it. Don't get me wrong, that is a pretty horrible thing that happened to the inhabitants of those islands, but the whole "Atomic Age" is associated. So, the trifecta of Nikki in a Bikini, the one simple word, Bikini, and that it has all that baggage of those nuclear tests on Bikini atoll behind it.
Hey Nikki, I just turned 66 this week. When I was a boy we had a Vegetable based drink too. It had 8 vegetables in it. It tasted delicious and we called it " V-8 ". The other advantage was it was not formerly known as Soylent Green and made from people.
Yes, you have an amazing ability of storytelling that can make any subject interesting! I wasn’t really questioning why you registered in Bikini, but good to know!
Times have flown by. Remember When Jason was so proud of his TransAm sports car trying to impress Nikki in his Teaxan youth. Now he's navigating an expensive high tech yacht purchase to sail the World again. Amazing! Very blessed!
@@BucketlistretreatsI have to correct this. Jason owned a Camaro z28 T top. At 19y.o. when he meet Nikki. Watch the episode "How We Became The Wynns (not just a road trip 1) where they shared about the anniversary and how they met. So cute!
@Bucketlistretreats It is a really fun series of 3 vids on how they got to where they are now. Part 1 starts here ua-cam.com/video/OCDGeSVvXPY/v-deo.html so check it out! Curious Minion
Very interesting. As a land based creature, I am curious to know how much insurance costs (rough range is fine) and what does it cover? My wife and I retired. In an abundance of caution, we got our home owners insurance reviewed and ensured we had replacement value coverage. Home is the bulk of our net worth and now retired it was essential we did not lose it. OMG, was that a good move. My next door neighbor replaced their home with a bigger one. In the process they managed to mess up our property. Our insurance has been working for 5 years and $millions to fix it. The replacement value rider forced them to restore even though it was a tough job. Whew!
WARNING! A single-handler sailor enroute from Mexico to me here in Guam had to stopover in the Marshalls for provisioning. He decided to get a hotel room his first night in to get properly showered and rested, only to have his boat burglarized by locals, possibly involving govm't officials. He lost a lot of personal property including cash, computer, camera gear and more. He thinks govm't officials were involved because they initially suspected him of smuggling and searched his vessel twice and they knew exactly where everything was located, including the safe, which was ripped out. 🤨
Looking good Eugene! 😉 We're registered to the Marshall Islands as well - people either get a giggle and think it's a joke when they see the home port is Bikini or they think the boat name is "Liger Bikini". The register themselves have been excellent to work with, we go through the Swiss office and they've been extremely helpful.
Thanks for the info! Super helpful; I always wondered how that worked. I would LOVE an episode on your electronics setup (eg B&G, Autopilots, AIS, Radar, VHFs, Jason’s big screen at the nav desk, etc)… so many choices it would be great to see how you made your choices and how it all is integrated (or not).
Jason must have had a BERY long talk with your lawyer because he started the talk clean shaven and had a good growth by the end but was still in the same shirt! Very informative video. I’ve seen soooooo many Delaware registered boats in Turkey!
Thank you Nikky & Jason, another great video this week about maritime laws registration boat with terms that depend on the business and the seas you are traveling to. You made this report video interestingly enough without loosing yourself in legalese details. Sailing is not easy and living on a catamaran is really special. Cruising lifestyle is much more than a dream....
Many years ago we were on a diving cruise in the Bahamas. The boat was registered in the US and sailed from the US. One passenger, a Mexican citizen who lives in the US, got sick and needed emergency treatment. The captain of the boat managed to get the US coast guard to fly a helicopter to the Bahamas to get the sick person off the boat. The US coast guard only did it because the boat was registered in the US otherwise it would have been the Bahamas coast guard doing the rescue because we were closer to the Bahamas. So it can make a difference where the boat is registered in some cases when it comes to emergency service.
Great video!! Great explanations!! (Not boring at all). Your HH44 really shines in the background. The fit and finish is exceptional!!! Can't wait for next week's video!! I'm hooked!!!
I'm currently building my retirement plan (buying a cat, and sailing) and this was INCREDIBLY helpful! btw- I already subscribe to your channel, but this video took me from "entertained" to "helping my plans" Thank you so much, from Washington DC :)
Oh wow I'm excited!! Just looked up your position 2pm may 21st, and you are right off the beach of my wifes home. An hour or 2 ahead of you, Campomanes Bay is a stunning anchorage, hope you are heading there for the night. You will enjoy beautiful sunrise coming up over island there. Guess I'll see in future video.
I stayed through the whole video even though I don't have a boat cuz you guys are interesting and fun to watch. far ahead of the travel channels that are just a cycle of lunch, happy hour, dinner, and the late night bar scene
Interesting about insurance, isnt it? Almost like you have to get insurance on your insurance! I mean! Tax and twist the short hairs, they got us! Lol. Btw..I am old sailor and follow several channels for my "fix" of the sea. I want to say, of all the new builds, refurbs and such these last months, yours has appeared to be the most sucessful and "undramatic"! I also think you have chosen the perfect vessel, it's beautiful and functional w/o the complexities that require an engineer on board. You done good!!! 😊 😅
After a long research we registered our boat in BVi, after purchasing her in Croatia....however Cruising permit is not required in USVI and Puerto Rico according to port Authority from USVI. Cruising in USVI as we speak.
Dear Nikki and Jason, just watched to the end, because you, as always, made it fun, interesting and very much “alive” - even though the subject was difficult to make very interesting. I am not in this process, nor do I have any future plans to do so, as a Dane, I would register in Denmark at all times.
Huge Kudo's! I've never seen this presented coherently anywhere else. Super helpful to know. Let's face it, having a Bikini on the back of your boat is cool, but understanding the implications and cost trade-offs is priceless.
Good to see you both. Unfortunately, I’m not a boat owner and am only able to vicariously venture out onto the waters on Sunday mornings. But, it was an interesting video. You both take care. See you next week.
That was extremely interesting. I do not own a boat and will never own a boat but the issues of insurance and taxation can affect so much if you do. I think people make the mistake of thinking you can buy a boat and go anywhere you want. Just watching over the years as you have travelled into foreign countries has certainly opened my eyes that people who do can't just go anywhere they want without the proper permits or paying the fees and getting permission to do so. Thanks for taking us along and sharing the information.
Very interesting video- also, Nicky your hair is looking fabulous at this length, I love it 🥰 Have a wonderful week guys and I can’t wait to see where you’re taking us next week ❤
I'm from the Marshall islands and every time I've been at dock I noticed so many RMI flags and always ask why but this video answered all my questions. Thank you guys I love all the videos.
I'm not going sailing but I enjoyed the explanation of registering a boat. Why, because I like you. Everything you two do interests me. It's not what I do, I have an interesting life but it's not like your life and that is what I like in watching you.
Bikini is the name of the home port. A country may have many different ports. Often the port name is the same as a city near the port. A USA boat will show Boston, or San Francisco, or Miami, etc, and doesn't show USA. They will fly a USA flag to show country of registry, not print the country name on the transom.
While I thoroughly enjoy your videos about exotic destinations and unsurpassed scenic views, it's videos like these that set your channel apart from many others I've seen. As someone who is going to retire on a cat and be a full time cruiser, I appreciate the honesty and straightforward explanations of really pertinent information. Keep living your best lives and thank you for allowing all of us to share in your daily goings on.
I watch you in Modesto because you are an authentic personality. You do not pose or posture. Your presentations are sincere. And you are very skilled in video editing (final touches are important). I would like to see more 'human interest' stories about the unusual people down in LA.
Wow very good information. Thank you so much. My buddy has been a sailor his whole life and will be retiring in a few years and wants to sail around the world. I sent him this video. Thank you. I just wanted to say I've been following you 2 for years now. Stay safe and I love your boat
Figured there would be questions about your Bikini registration. I guessed insurance would be one answer and you filled in the blanks very clearly. Love following both of you. Fair winds and wonderful adventures!
Has certainly opened my eyes to the complexities of owning an ocean faring vessel..It was really enlightening to get a plain language explanation of most of the vagueness in regards to the flagging and insurance..And, was, as usual, very entertaining!
I love tagging along on your adventures. I will probably never use your insurance info, but will pass it on if the occasion arrives. See you on the next one.
The Netherlands is also a really lenient country around boat taxes. There not taxed at all. Unless you gain capital from it. But since you already pay taxes over your income it won't be taxed I believe. However if you where to charter your boat out tho a 3rd party for money it would change taxes. Registration is really easy in fact a little to easy. Our flag is pretty strong as well and most dutch people speak perfect English so there's no language barrier with our language.
This was fascinating even from a non-boat owner's point of view... Why? because you guys are so personable and the content is interesting in principal and portrayed in a style that anyone making professional instructional movies would envy. ...Great job guys xx🤗🤗
Just learning from your travels and ownership certainly helps me to understand how to avoid troubles when I decide to become a owner of a beautiful vessel like yours. Thank you for showing everything that you experience it is truly incredible and insightful not to mention inspiring!!
I have traveled to the Marshall Islands twice a year for the last 7 years. I was just there two weeks ago! Great explanation for choosing RMI for your boat's flag.
I really enjoyed this. I've often wondered if y'all would do some 'How-Tos' for regular stuff around the boat like how to tack with a jib, or when to deploy the spinnaker, or how to maintain cell phones (eSim/iSim) and comms, etc, etc. Jason does a great job with explaining all the broken/fixit stuff, but with this new vessel, fingers crossed, there won't be too much of that stuff...so a how-to like this is FANtastic. Thx for all you do, showing us noobs & groms the way. Jason got the dishwasher, I think Nikki needs another cat 🐈 😊 or some sorta liveaboard mascot, which is very good for the algorithm, right ;)
Thank you, thank you, thank, you for this post...I just purchased a 60 foot cat...and my transfer of ownership is taking forever thru the Coast Guard.....very pertinent information for me!!!!....:)...
WOWZA so much more involved than RV life! Been following you since then and we are still fulltimers. Enjoy your videos but don't think we could make the transition from RV to sailboat, lots more expenses. Safe sailing!
We appreciated and loved this video! You have another one where you break down costs and we've watched it multiple times trying to build our own savings plan for a cruising adventure. When you gave the insurance figures, we immediately zeroed in on this being lower than your previous video so we updated our spreadsheet. Given all of your experience at sea these past few years, it would be great if you revisited that videos (but this time also calling out boat depreciation). It's super helpful just to have any idea what the cost is going to be! Also, I don't think whether you confirmed it was a requirement that you put the word "Bikini" on the boat due to registering the boat in the Marshall Islands? That part was unclear.
When you register a yacht you must select a home port for that registration. For the Marshall Islands the home port for yachts can be either Bikini or Jaluit.
Great information 🙂 I am also looking into "Multiple Citizenships". There are many countries that have Zero Income and/or Capital Gains Tax. However, be careful. Some of the countries are Blacklisted, but there are many that are not.Saving money on Insurance is one thing, but you are in a great position to acquire foreign Citizenship to save on Taxes... I follow the "Nomad Capitalist" and the "Wealthy Expat", on YT. Both channels discuss these issues. Great video, thanks for sharing 🙂
Great video FOLKS!! Always a pleasure to see your vlog on a weekly basis! Been a follower and fan since the VW van days!! Greetings from the shores of Lake Huron, Ontario!! Safe travels!! BTW Nikki!! As I remember, you were a beautician many years ago!! See what you can do with your better half's "BEDHEAD"!! Stay safe and thanks for your ongoing efforts!! GIDDYUP!!
As the tricolon of real estate is location, location, location; The three requisites of developing engaging and original material on this particular online platform must be content, content, content. In this endeavor, enhanced by candid commentary and winsome smiles, the Wynns excel in brilliant execution.
I always figured the county of registration had to do with financial reasons, but it was really interesting to hear the specifics! No matter the topic, I find all of your videos interesting and have really enjoyed tagging along on your journey.
Fascinating! And yes, Nikki, this was highly entertaining!! I worked for a company out of Port Everglades that had multiple ships all over the globe. I never really knew or understood why each ship was its own company and flagged in the Marshal Islands. Now, nearly 20 years later, I know!! Thanks for another amazing Sunday...Fair #Wynns and Following Seas always!
Fun fact, we've never been to the Marshal Islands or Bikini…but now we really, really want to sail there. Get a year supply of vitamin D3+K2 & 5 travel packs FREE with your first purchase: drinkAG1.com/gonewiththewynns
@Alan-sp8lgimagine white knighting for people who couldn't care less about you, dodge taxes, makes a preemptive video about it, diffuse responsibility by roping in other experts so people wouldn't constantly call them out on it and schill you overpriced green juice like the good little consumer you are.
They make it so complicated because they need an easy way to shut down sailors that cause problems. If your out on the open water, just know that we live in a very small world. An American being rude to a waiter while in another part of the world can start the process of shutting you down. You will start to notice yourself getting cancelled. The best way to steer clear of any problems is not drink alcohol while out in public and be nice to everyone even if they are being rude to you. Always keep your phone on you, and know the recorders are always on. If you need to drink alcohol only do it while on your vessel. Otherwise, people need to remember that most people are not going to be happy that your a wealthy American with a yacht or boat.
If they were REASONABLE taxes, no one would bother dodging them. How is it reasonable to tax someone $100,000 on a boat that has never even been to your government’s territorial waters?!? Just because the people who own the boat still call Texas our “home port” doesn’t mean the boat has to call it home. Taxes are supposed to fund benefits for people in the locality that does the taxing. Curiosity may never end its entire existence be within sight of USA or Texan waters.
Anyway, I don’t know why I’m trying to bother to explain reality to someone on the Internet. Have a nice life. 😝 I shall go sailing in Texas! ⛵️🌅
@@ckeilahI would kind of agree with you if they registered it in a place they do sail but thry haven't even been to the Marshall Islands. It's a tax dodge, plain and simple. You can think that's a good thing if you want but if we hold others to tax-dodging rebuke, we should hold everyone accountable. Everything else is just cope. Be well.
Every action has consequences. Sure they might be saving money, but now their vessel is registered to a country that has a government that will more than likely never respond to them if they need help. Again, all the laws are complicated and put into place as a way of ultimately having control over one’s property if they break laws, cause problems, and so on. People need to be very careful, all the people that control the waters are sitting at home, many are watching as everyone is living their dream of sailing the world. Something they can never afford. You don’t want to get cancelled because you were drunk in public or rude to a shitty waiter.
This is the only time I've seen a sailing channel address this issue. Just as important you mentioned having a CPA and Tax Attorney on board so to speak. That's a first too. Thanks!
Because not many new foreign boat builds. Most people buy a boat already built and registered. VERY few people face this, including most people buying sailboats. When you go to a boat show or a dealer and buy a boat it’s already registered. As soon as that boat comes into the country to a dealer or to a boat show all of that has been done. For most people, the question is not what country to register the boat but what state.
John Kerry got busted for this because he has a yacht that he keeps registered in a different state to avoid paying sales taxes. It’s also in another state that has lower insurance and lower annual property taxes. But of course he wants your tax dollars to pay for a war that’s not needed that America started in Ukraine and lots of other bullshit!
Typical liberal hypocrisy. They will avoid taxes anyway they can but they want you to be taxed to pay for all the crap that they like.
Most outstanding advice
It's disgusting how we have to become attorneys and tax professionals to exist in the world. Kick rocks gov!! 😒
@@nedhill1242 lmao America didn't start a war in Ukraine, are you stupid or just slow?😂😂
I'm not buying a boat, or needing to be entertained. I just stayed to the end because you are reasonably likeable people
So many hoops to go through living on a boat. I'll never go sailing; but being educated on the things you do to provide content is actually entertaining.
Do you own a house? A boat is not much different. A bit, yes, because you're traveling between countries but on the other hand, you don't have to deal with HOAs... ;-)
It's really only complicated if outside the US. If you are American and only sail around America, which is what probably 98 percent of American sail boat owners do, then it's no more complicated than owning any other boat or camper/RV, etc.
@@nedhill1242 but then you have either to deal with importing the boat or have it done by a local agent. Both of which are going to add quite a bit of cost to the boat.
Also I think the subject was at least in part, cruising. Why restrict yourself to just your backyard? There's a whole world out there!
So many sailing channels on sailing adventures , boat repairs , boat builds , boat "buyer's remorse" ; then there's #GoneWithTheWynns that talks about one of the most important aspects of boating .
AND, made it interesting to someone who sails but is not a world cruiser and does not own a boat :)
Except, they rarely SAIL anywhere and have no clue of seamanship.
these two and zatara are by far my favorites.
Not buying a boat, but very interesting. You two have the best personalities in the cruising world. Love you guys and never miss a video.
Many thanks for taking the time to answer some questions many of us have and not losing us! Fair winds and gently following seas. May your blessings be gathered in the wind.
How come watching their weekly vlog ALWAYS flies by like a New York minute ?
They are the best sailing channel on UA-cam, period
It's a Bikini minute now.
Totally agree except for one thing. Not only does time go by really fast but I start dreaming of sailing the world in a cat again.
If you want to watch a proper sailing channel try No Bullshit Just Sailing with Erik who's Norwegian. Now that nation grows sailors who can do it in the most difficult sea conditions, it's in their DNA, going back over a thousand years.
@@ginnypeckham4022 I am not sure it is really fair to make a comment in someone's channel that another channel is better for some reason when this couple have shown over time they have a good family oriented perspective and are just a nice family overall. Perhaps it was not intentional but I feel you could have worded your comment better. The Wynns are definitely trying to put out useful information to help others which many people may not have thought of including myself.
Honestly it's really not.
The best one is the dude with a solar boat.
These dudes are just hipsters.
I made it through the entire video because I watch all your videos, not just the “ones that appeal to me”. I enjoy them all! Nikki, I’m hoping one day you’ll make a cookbook as I love the things you cook!
Wow! This information was something seldom (if ever) posted online. Who would have guessed there were so many nuances? The Wynns have enlightened all of is! Thanks!
Thank you so much for the explanation. I watched to the end and am not currently buying a boat and still found the video very interesting. I always wondered why so many boats had that Marshal Islands as their registry... And thanks to you both, now I know.
Incredibly informative, similar to an indepth crash course in licensing/registering a boat! We are thinking of using our boat similar to you, but more in line with a B&B type charter. Many times we have researched and used your blogs to help guide us in using global healthcare, registering the boat, marine friendly equipment, and the importance of embracing being grateful. Thank you so much for all that you share. We've watched you since your early RV days:) Best wishes for many new adventures to come. 💖
Very informative! Interestingly enough, we just went through this with our new cat coming our of La Rochelle France. We don't plan on our boat ever seeing the USA and if it does, get a cruising permit, DONE! And we too found that flagging had a significant impact on our ability to get insurance. We went with the Island of Jersey, a British Ensign. 10 year registration, free 90 day provisional, oh and it saved us THOUSANDS on insurance.... This episode really confirmed what we just went through, Good job!
florida does not require boat insurance ... why didnt you chose florida .. it also has a nice looking state flag as well..lol also.. in usa you dont need paperwork for any fire arm what so ever.. i happen to like that boating l;aw...lol
@tarpanc34 Florida is still part of the U.S.A. last I checked, so all the problems for obtaining insurance for a vessel sailing outside U.S. waters come right back.
Curious Minion
@@gonewiththewynns if my state says i dont need insurance in my country then every country has to accept the laws of my home country and state dont that make sence..
@@tarpanc34I would guess it's something along the lines of you still needing an insurance if you want to dock anywhere other then there. Take driving on the roads in the UK for example, just because at your state you drive on the right, you won't get very far that way when you are there :P
@@tarpanc34 Home country laws doesn't mean a country you are visiting has to accept those laws. Ie, they just deny entry. Australasia, for example.
What a cool video and such a valuable contribution to the cruising community. I am not a cruiser but I am an avid boater in the US. Loved listening to your attorney provide new information. I love learning new things and this was something I’ve never heard anyone talk about before. This is great seeing your yacht purchasing series come full circle. It’s almost like your channel has gotten a renewal for a new season. Cannot wait to see all the fun videos to come with the new cat. I hope Ben and Ashley get their new boat going soon as well. I love the whole process. Happy sailing to you both!
Would watch paint dry with y'all and have. Not sure how long I have been watching but THANK YOU! my Mom and I went to Whitchurch this Spring and cruised the Llangollen Canal. Watching that series helped decide where we spent our trip. It was delightful and ABC Boat Hire was great to work with. THANK YOU ! THANK YOU ! THANK YOU !
Coffee with the Wynns is the very best way to start a Sunday. Love and light from the East Coast of Canada♥
yep west coast of Oregon the same thing
Yep! This information will never pertain to me but who cares. Love the Wynns.
My Sunday ritual as well!
Well done - you made the right choice. Turns out that no one, not even leftists, like paying taxes and complying with all those far left extremist rules created by little bureaucrat dictators. Go figure that avoiding hundreds of thousands of dollars in taxes is a goal, as it should be, for you guys. Welcome to the club. Just make sure you are consistent in the way that you vote as you get what you vote for and they will no doubt be creating rules to force you to pay anyway. Biden is hard at work trying to take what is yours.
Every Sunday!
The other factor to consider is that many insurers are dropping multihulls altogether as they trim their risk profiles in response to extreme weather events etc. We asked five insurers for quotes on multihulls insurance and only one even replied, and even the previous insurer of the boat was happy to get it off their books despite us having no claims ever. So getting a flag that increases your chances of even getting insurance is a really big deal!!!
Watching from Annapolis! Nice to hear my beautiful hometown mentioned in the video. We like to call ourselves “the sailing capital.” Lots of boats here :-)
I’ll tell ya 16 minutes just flew by. I hope next week is an hour long video as I can’t get enough. I so enjoy and look forward to Sunday mornings with the Wynn’s. Thank you for explaining the registration process. Ever since you brought it up I was curious and interested in why you picked Bikini. Safe travels
The interview with the lawyer was a great addition to the episode 🙌
"We picked up our boat in Asia and we plan on cruising here for at least a couple years." Excellent.
Always interesting even though the topics are so varied (and not so obviously things to expect) - you Always do a good job of educating & entertaining! Please don't stop
One of the best informational videos you have put out in a while. We still have about 15 years until retirement, but planning ahead by learning and getting as much information so when the time comes we can jump right in.
Been a long time follower and subscriber, and love when good and accurate info is shared.
Thanks again. Be safe.
I really LOVE watching your subscriber numbers go up and UP and UP!! Makes me happy! I'm an OG all the way from when you guys were touring in an RV! What changes you've encountered!!
One thing that comes under the "taxes" banner is the increased US tariffs on Chinese built luxury items. I heard about it during an ASA class.
What is the US tariff on Chinese boats? Is it 25% like many other products?
Coffee and Sunday morning sailing school with the Wynn's.
It's a bit like a Vermont or Colorado license plate. Once you get one you don't want to give it up.
This guy sounds like he knows his boat paperwork law.
Not buying a boat. Not even a sailor. I have been on cruise ships and water ferries and a few cabin cruisers on a lake. I am curious about why and how people do what they do. I am mobility challenged now, all my life but only past 15 yrs I need walking aids, 2 canes now. I used to hike, repel, snow ski and back in school I even ran track. I haven't "missed out" at all. I have found great joy in watching Nikki and Jason and two other sailing families. Great wholesome (except these two and all the caulking innuendoes' 🤣) I am grateful for this platform, where many extremely talented and/or motivating people share a part of their life. As travel has become very challenging, this is a good alternative,
I'm watching from central Florida. I'm not planning on buying a boat, I can't swim, and I can't find anyone else who talks about boat insurance which makes the subject informative; I wouldn't say I like water, but I still find your videos entertaining.
Never a dull moment with the Wynns!
Very cool, I was very curious about why you flagged your boat in the Marshall Islands. Now I understand. There is a lot more to cruising than most of us realized.
Thanks for taking me along again! 😊
Congratulations on that Beautiful new boat! Enjoy!
Amazing. Thanks, guys! I didn’t know what I didn’t know. Always interesting to get an education on the “business end” of boating.
I just think having "Bikini" on the back of your boat looks really cool.
Even if the actual Atoll is a bit radioactive still... LOL
@@redwolfexr Oh, I think that adds to it. Don't get me wrong, that is a pretty horrible thing that happened to the inhabitants of those islands, but the whole "Atomic Age" is associated. So, the trifecta of Nikki in a Bikini, the one simple word, Bikini, and that it has all that baggage of those nuclear tests on Bikini atoll behind it.
Hey Nikki, I just turned 66 this week. When I was a boy we had a Vegetable based drink too.
It had 8 vegetables in it. It tasted delicious and we called it " V-8 ".
The other advantage was it was not formerly known as Soylent Green and made from people.
I snorted my coffee when I read this!! Well done!
The back end of your boat is awesome.
Yes, you have an amazing ability of storytelling that can make any subject interesting! I wasn’t really questioning why you registered in Bikini, but good to know!
Times have flown by. Remember When Jason was so proud of his TransAm sports car trying to impress Nikki in his Teaxan youth. Now he's navigating an expensive high tech yacht purchase to sail the World again. Amazing! Very blessed!
Shoot I must've missed that episode.
@@BucketlistretreatsI have to correct this. Jason owned a Camaro z28 T top. At 19y.o. when he meet Nikki. Watch the episode "How We Became The Wynns (not just a road trip 1) where they shared about the anniversary and how they met. So cute!
@Bucketlistretreats It is a really fun series of 3 vids on how they got to where they are now. Part 1 starts here ua-cam.com/video/OCDGeSVvXPY/v-deo.html so check it out!
Curious Minion
And his long hair becomes his tan. Good job guys. Thanks for the continuing education.
Very interesting. As a land based creature, I am curious to know how much insurance costs (rough range is fine) and what does it cover?
My wife and I retired. In an abundance of caution, we got our home owners insurance reviewed and ensured we had replacement value coverage. Home is the bulk of our net worth and now retired it was essential we did not lose it. OMG, was that a good move. My next door neighbor replaced their home with a bigger one. In the process they managed to mess up our property. Our insurance has been working for 5 years and $millions to fix it. The replacement value rider forced them to restore even though it was a tough job. Whew!
WARNING! A single-handler sailor enroute from Mexico to me here in Guam had to stopover in the Marshalls for provisioning. He decided to get a hotel room his first night in to get properly showered and rested, only to have his boat burglarized by locals, possibly involving govm't officials. He lost a lot of personal property including cash, computer, camera gear and more. He thinks govm't officials were involved because they initially suspected him of smuggling and searched his vessel twice and they knew exactly where everything was located, including the safe, which was ripped out. 🤨
This was fascinating. I had been curious about this!
Looking good Eugene! 😉 We're registered to the Marshall Islands as well - people either get a giggle and think it's a joke when they see the home port is Bikini or they think the boat name is "Liger Bikini". The register themselves have been excellent to work with, we go through the Swiss office and they've been extremely helpful.
This video is exactly why I watch you two. Great job! There are so many great nuggets of information here.
Thanks for the info! Super helpful; I always wondered how that worked. I would LOVE an episode on your electronics setup (eg B&G, Autopilots, AIS, Radar, VHFs, Jason’s big screen at the nav desk, etc)… so many choices it would be great to see how you made your choices and how it all is integrated (or not).
Jason must have had a BERY long talk with your lawyer because he started the talk clean shaven and had a good growth by the end but was still in the same shirt! Very informative video. I’ve seen soooooo many Delaware registered boats in Turkey!
Thank you Nikky & Jason, another great video this week about maritime laws registration boat with terms that depend on the business and the seas you are traveling to. You made this report video interestingly enough without loosing yourself in legalese details. Sailing is not easy and living on a catamaran is really special. Cruising lifestyle is much more than a dream....
Many years ago we were on a diving cruise in the Bahamas. The boat was registered in the US and sailed from the US. One passenger, a Mexican citizen who lives in the US, got sick and needed emergency treatment. The captain of the boat managed to get the US coast guard to fly a helicopter to the Bahamas to get the sick person off the boat. The US coast guard only did it because the boat was registered in the US otherwise it would have been the Bahamas coast guard doing the rescue because we were closer to the Bahamas. So it can make a difference where the boat is registered in some cases when it comes to emergency service.
Great video!! Great explanations!! (Not boring at all). Your HH44 really shines in the background. The fit and finish is exceptional!!! Can't wait for next week's video!! I'm hooked!!!
You always do an exceptional job of making it entertaining, that’s why we watch.
I'm currently building my retirement plan (buying a cat, and sailing) and this was INCREDIBLY helpful! btw- I already subscribe to your channel, but this video took me from "entertained" to "helping my plans" Thank you so much, from Washington DC :)
Oh wow I'm excited!! Just looked up your position 2pm may 21st, and you are right off the beach of my wifes home. An hour or 2 ahead of you, Campomanes Bay is a stunning anchorage, hope you are heading there for the night. You will enjoy beautiful sunrise coming up over island there. Guess I'll see in future video.
I have zero intention of buying a boat, or doing what you do. However, I find your videos very informative and interesting. Great job!
I stayed through the whole video even though I don't have a boat cuz you guys are interesting and fun to watch. far ahead of the travel channels that are just a cycle of lunch, happy hour, dinner, and the late night bar scene
This is definitely a save in the folder called "Buying a sailboat". Extremely important. Thank you. Happy Sailing ⛵
Interesting about insurance, isnt it? Almost like you have to get insurance on your insurance! I mean! Tax and twist the short hairs, they got us! Lol. Btw..I am old sailor and follow several channels for my "fix" of the sea. I want to say, of all the new builds, refurbs and such these last months, yours has appeared to be the most sucessful and "undramatic"! I also think you have chosen the perfect vessel, it's beautiful and functional w/o the complexities that require an engineer on board. You done good!!! 😊 😅
After a long research we registered our boat in BVi, after purchasing her in Croatia....however Cruising permit is not required in USVI and Puerto Rico according to port Authority from USVI. Cruising in USVI as we speak.
Wow, that makes complete sense! Thanks for explaining in detail, it was interesting.
Dear Nikki and Jason, just watched to the end, because you, as always, made it fun, interesting and very much “alive” - even though the subject was difficult to make very interesting. I am not in this process, nor do I have any future plans to do so, as a Dane, I would register in Denmark at all times.
Huge Kudo's! I've never seen this presented coherently anywhere else. Super helpful to know. Let's face it, having a Bikini on the back of your boat is cool, but understanding the implications and cost trade-offs is priceless.
Very interesting topic that rarely gets covered! Thank you!
This was fantastic. I’ll be coming back to this (and using your attorney) when the time comes!
Goodmorning guys, Sundays are ways better with you.
I totally agree 😍
I’d watch you two if you talked about the inside of a tennis ball. Love the show.
Good to see you both. Unfortunately, I’m not a boat owner and am only able to vicariously venture out onto the waters on Sunday mornings. But, it was an interesting video. You both take care. See you next week.
That was extremely interesting. I do not own a boat and will never own a boat but the issues of insurance and taxation can affect so much if you do. I think people make the mistake of thinking you can buy a boat and go anywhere you want. Just watching over the years as you have travelled into foreign countries has certainly opened my eyes that people who do can't just go anywhere they want without the proper permits or paying the fees and getting permission to do so. Thanks for taking us along and sharing the information.
Perfect timing.... been going through Insurance @#$# for a few years for our 2017 FP Helia. Time to re doc I think,
Very interesting video- also, Nicky your hair is looking fabulous at this length, I love it 🥰 Have a wonderful week guys and I can’t wait to see where you’re taking us next week ❤
I'm from the Marshall islands and every time I've been at dock I noticed so many RMI flags and always ask why but this video answered all my questions. Thank you guys I love all the videos.
I'm not going sailing but I enjoyed the explanation of registering a boat. Why, because I like you. Everything you two do interests me. It's not what I do, I have an interesting life but it's not like your life and that is what I like in watching you.
Landlubber here but found your explanation very interesting. Now I’ll go look for why it says Bikini and not Marshall.
Bikini is an island in the Marshal Islands, like O'ahu is one of the Hawaiian Islands.
Curious Minion
Bikini is the name of the home port. A country may have many different ports. Often the port name is the same as a city near the port. A USA boat will show Boston, or San Francisco, or Miami, etc, and doesn't show USA. They will fly a USA flag to show country of registry, not print the country name on the transom.
Your editing is superb. The blending between speakers is SEAMLESS!!! well done. Well done. 👍👍👍👍👍👍👍👍👍
While I thoroughly enjoy your videos about exotic destinations and unsurpassed scenic views, it's videos like these that set your channel apart from many others I've seen. As someone who is going to retire on a cat and be a full time cruiser, I appreciate the honesty and straightforward explanations of really pertinent information. Keep living your best lives and thank you for allowing all of us to share in your daily goings on.
I watch you in Modesto because you are an authentic personality. You do not pose or posture. Your presentations are sincere. And you are very skilled in video editing (final touches are important). I would like to see more 'human interest' stories about the unusual people down in LA.
Wow very good information. Thank you so much. My buddy has been a sailor his whole life and will be retiring in a few years and wants to sail around the world. I sent him this video. Thank you. I just wanted to say I've been following you 2 for years now. Stay safe and I love your boat
You guys always brighten my day! Thanks also for all the great information ❤
Figured there would be questions about your Bikini registration. I guessed insurance would be one answer and you filled in the blanks very clearly. Love following both of you. Fair winds and wonderful adventures!
Has certainly opened my eyes to the complexities of owning an ocean faring vessel..It was really enlightening to get a plain language explanation of most of the vagueness in regards to the flagging and insurance..And, was, as usual, very entertaining!
I love tagging along on your adventures. I will probably never use your insurance info, but will pass it on if the occasion arrives. See you on the next one.
The Netherlands is also a really lenient country around boat taxes. There not taxed at all. Unless you gain capital from it. But since you already pay taxes over your income it won't be taxed I believe. However if you where to charter your boat out tho a 3rd party for money it would change taxes. Registration is really easy in fact a little to easy. Our flag is pretty strong as well and most dutch people speak perfect English so there's no language barrier with our language.
I'm amazed at your internet speeds when you were video conferencing with the attorney. Maybe an episode on how that works, speeds, cost, etc.?
Interesting , Thank You . I agree so many things to know and remember, and NOT covered Anywhere else.
This was fascinating even from a non-boat owner's point of view... Why? because you guys are so personable and the content is interesting in principal and portrayed in a style that anyone making professional instructional movies would envy. ...Great job guys xx🤗🤗
Great explanation. This illustrates the complications of blue water sailing, and the many decisions yo face. Thank you.
Just learning from your travels and ownership certainly helps me to understand how to avoid troubles when I decide to become a owner of a beautiful vessel like yours. Thank you for showing everything that you experience it is truly incredible and insightful not to mention inspiring!!
I have traveled to the Marshall Islands twice a year for the last 7 years. I was just there two weeks ago! Great explanation for choosing RMI for your boat's flag.
I really enjoyed this. I've often wondered if y'all would do some 'How-Tos' for regular stuff around the boat like how to tack with a jib, or when to deploy the spinnaker, or how to maintain cell phones (eSim/iSim) and comms, etc, etc. Jason does a great job with explaining all the broken/fixit stuff, but with this new vessel, fingers crossed, there won't be too much of that stuff...so a how-to like this is FANtastic. Thx for all you do, showing us noobs & groms the way.
Jason got the dishwasher, I think Nikki needs another cat 🐈 😊 or some sorta liveaboard mascot, which is very good for the algorithm, right ;)
I am glad that y’all kept the recorded talk with the lawyer outside the purview of your attorney-client privilege! Smart!
Thank you! This was a great overview of some questions I’ve always had!! Great vid! Also, great curls Jason! :)
Thank you, thank you, thank, you for this post...I just purchased a 60 foot cat...and my transfer of ownership is taking forever thru the Coast Guard.....very pertinent information for me!!!!....:)...
WOWZA so much more involved than RV life! Been following you since then and we are still fulltimers. Enjoy your videos but don't think we could make the transition from RV to sailboat, lots more expenses. Safe sailing!
I fast forwarded... not planning on buying a yacht, but watch your video's. Very informative for those who are...
We appreciated and loved this video! You have another one where you break down costs and we've watched it multiple times trying to build our own savings plan for a cruising adventure. When you gave the insurance figures, we immediately zeroed in on this being lower than your previous video so we updated our spreadsheet. Given all of your experience at sea these past few years, it would be great if you revisited that videos (but this time also calling out boat depreciation). It's super helpful just to have any idea what the cost is going to be!
Also, I don't think whether you confirmed it was a requirement that you put the word "Bikini" on the boat due to registering the boat in the Marshall Islands? That part was unclear.
When you register a yacht you must select a home port for that registration. For the Marshall Islands the home port for yachts can be either Bikini or Jaluit.
You've done an exceptional job of explaining why!
Great information 🙂 I am also looking into "Multiple Citizenships". There are many countries that have Zero Income and/or Capital Gains Tax. However, be careful. Some of the countries are Blacklisted, but there are many that are not.Saving money on Insurance is one thing, but you are in a great position to acquire foreign Citizenship to save on Taxes... I follow the "Nomad Capitalist" and the "Wealthy Expat", on YT. Both channels discuss these issues. Great video, thanks for sharing 🙂
I love how neat and clean your boat is!
That was a very interesting video. And completely agree - there’s so many insurance hoops we have yo jump as US registered boat… ⛵️🇺🇸😣
Great video FOLKS!! Always a pleasure to see your vlog on a weekly basis! Been a follower and fan since the VW van days!! Greetings from the shores of Lake Huron, Ontario!! Safe travels!! BTW Nikki!! As I remember, you were a beautician many years ago!! See what you can do with your better half's "BEDHEAD"!! Stay safe and thanks for your ongoing efforts!! GIDDYUP!!
As the tricolon of real estate is location, location, location; The three requisites of developing engaging and original material on this particular online platform must be content, content, content. In this endeavor, enhanced by candid commentary and winsome smiles, the Wynns excel in brilliant execution.
I always figured the county of registration had to do with financial reasons, but it was really interesting to hear the specifics! No matter the topic, I find all of your videos interesting and have really enjoyed tagging along on your journey.
SUPER important information. THANKS FOR SHARING, INCLUDING YOUR ATTORNEY AND INSURANCE PERSON.
Fascinating! And yes, Nikki, this was highly entertaining!! I worked for a company out of Port Everglades that had multiple ships all over the globe. I never really knew or understood why each ship was its own company and flagged in the Marshal Islands. Now, nearly 20 years later, I know!!
Thanks for another amazing Sunday...Fair #Wynns and Following Seas always!