Foreign Trade Zones (FTZs) are secure areas under U.S. Customs and Border Protection (CBP) supervision that allow foreign flagged vessels to be displayed for sale and sold to US citizens without leaving the dock for international waters.
2029 Southwest 20th St.
Fort Lauderdale, FL 33315
For information & inquiries, please call: 954.713.0333
Any foreign flagged vessel is eligible to enter an FTZ
Vessels must surrender their cruising permit while entering an FTZ
Vessels utilizing an FTZ slip are subject to an FTZ fee that covers the submission of all CBP paperwork and the associated reporting and monitoring
Normal dockage and utility charges apply while a vessel utilizes the FTZ slip
There is no maximum duration a vessel can reside in an FTZ
A vessel can depart the FTZ for the purpose of exhibition, sea trials, or repairs for up to 120 days without re-qualifying for reentry to an FTZ. The vessel must return to the originating FTZ
Any vessel entering an FTZ must secure a subrogation bond for the amount to cover 150% of the potential duty exposure of the vessel. The duty exposure is 1.5% of the value of the vessel
Vessels should provide the property at least 15-day notice prior to the estimated arrival to ensure all necessary paperwork is submitted to Customs and Border Protection
Upon final departure from the FTZ, the vessel must submit arrival documentation from the new destination to avoid paying duties
Vessels are required to submit a crew list during the initial notice to the property
Normal US immigration procedures apply for all crew members while in an FTZ
Other than crew, no one can make the vessel their permanent residence during a stay in an FTZ. Visitors may stay on board the vessel for no more than 24 consecutive hours at a time
The vessel must maintain a visitor log of all individuals boarding the vessel during its stay in the FTZ