Sellers benefit from the FTZ by now having a place to locally and legally show foreign-flagged vessels to U.S. buyers. Foreign-made newbuilds can be brought into the FTZ without the need to pay the typical and significant 1.5- percent import duty.
Foreign-Trade Zones (FTZ) are secured, designated locations around the United States in or near a U.S. Customs Port of Entry where foreign and domestic merchandise is generally considered to be in international commerce and outside of US Customs territory. As a result, activated businesses in an FTZ can reduce or eliminate duty on imports and take advantage of other benefits to encourage foreign commerce within the United States.
FTZ provided many benefits to owners looking to sell their vessel to U.S. buyers or have them repaired in local marinas. In the zones, vessels are able to come and go as they please on charters or owner’s trips. Newly built yachts that have entered the U.S. within three years can use the zone to file for a refund on previously paid duties.
Back in January of 2017 the United States Customs and Border Protection officers, MIASF, US Immigration Services and key industry players with more than a dozen shipyards, suppliers and marina companies met to determine the inner workings of the zone at each proposed location. Locations designated as FTZ include LMC, Bahia Mar in Fort Lauderdale, Safe Harbor Newport Shipyard and the Port of Seattle – among others.
Step aboard SWEET VIRGINIA and experience the best of the Bahamas yacht charter in effortless luxury. From private beaches and island adventures to sunset cocktails on the flybridge, this stunning 96’ Sanlorenzo invites you to explore in style.
Set your sights on a Newport Yacht Charter summer 2025 and experience East Coast elegance at its finest—where historic harbors, regattas, and seaside luxury await.
GATSBY is a luxurious Bahamas charter yacht offering spacious accommodations for up to 12 guests, expansive outdoor spaces with a jacuzzi, and modern entertainment systems. Perfect for exploring The Bahamas, it features water toys, gourmet dining, and an experienced crew for a seamless experience. Whether island-hopping or relaxing on deck, GATSBY ensures an unforgettable blend of adventure and elegance.
Discover the latest in yachting excellence at the 2025 Seattle Boats Afloat Show. Worth Avenue Yachts will showcase a curated selection of luxury yachts available for sale and charter, alongside exclusive models from Sanlorenzo and Bluegame.
Experience an eco-luxury yacht charter aboard VOYAGER, a 90’ 2″ Ocean Alexander motor yacht available for a Seattle yacht charter and adventures through the Pacific Northwest, British Columbia, and Alaska. With sustainable cuisine, modern design, and a deep commitment to the environment, VOYAGER redefines luxury on the water.
Chartering your yacht is more than a revenue stream—it’s a smart, strategic approach to ownership. With the right guidance, it becomes a powerful tool to offset operational costs, retain a high-performing crew, and increase your vessel’s long-term value. At Worth Avenue Yachts, our luxury yacht management services are crafted to make every aspect of the process seamless, profitable, and tailored to your goals. Through expert charter management, global marketing exposure, and curated guest experiences, we help yacht owners transform their investment into an opportunity—one that blends sophistication with smart strategy.
LET US TAKE YOU THERE...
