Recently the Florida Department of Revenue extended the exemption for large boats sold to nonresidents. A nonresident purchaser may purchase a boat of 5 net tons of admeasurement or larger (a qualified boat) exempt from tax and keep the qualified boat in Florida for a period of 180 days under certain conditions, rather than 90 days as previously allowed.

For more information on this new program contact one of HMY’s sales representatives and they will be happy to explain in further detail!