1. Import Overview

Importing a yacht into Ontario falls under the oversight of the Canada Border Services Agency (CBSA) and Transport Canada. Whether it’s new or used, yacht for sale ontario laws classify yachts as luxury goods, which triggers specific duties and taxes.

Who Can Import:

1. Canadian residents

2. Non-residents using the yacht temporarily (restrictions apply)

3. Businesses (commercial importers)

2. Required Documentation

To legally import a yacht, you'll need to gather several key documents in advance.

Essential Documents:

1. Bill of Sale: Proof of purchase

2. Certificate of Origin or Title

3. Compliance Form: Showing conformity with Canadian marine safety standards

4. Bill of Lading (if shipped)

5. Customs Declaration (B3 Form)

🔍 Tip: Ensure that all documents match in terms of yacht specs (e.g., HIN number, engine size).

3. Costs Breakdown

Understanding the costs is vital. Here’s what to expect when importing a yacht into Ontario.

💵 Import Duty & Taxes:

Fee TypeRate/DetailsGST (Goods & Services Tax)5% of the yacht’s valueProvincial Tax (Ontario)8% PST (in some cases HST may apply)Duty (if U.S. built)Often duty-free under USMCA, otherwise ~9.5%Excise Tax on Luxury Goods10% if yacht exceeds $250,000 CADTransport & Delivery FeesVaries by location and yacht sizeBroker Fees (Optional)~1–5% of the yacht price

⚠️ Johnson Box
If your yacht is worth more than $250,000, you may trigger Canada's Luxury Tax, which is 10% of the value or 20% of the amount over $100,000, whichever is less.

4. Shipping & Logistics

There are two primary methods for bringing your yacht into Ontario:

🚚 1. Land Transport (Trailered):

1. Ideal for smaller yachts (<12m)

2. Faster and cheaper

3. Must comply with road transport regulations

🚢 2. Sea Freight:

1. Used for large yachts (>12m)

2. Involves crane loading, shrink wrapping, and customs at marine ports

🛠 Checklist for Safe Transport:

1. Hire a licensed marine transporter

2. Secure insurance coverage

3. Schedule crane lifting and customs appointments in advance

5. Registration & Compliance

Once your yacht arrives, it must be registered before hitting Ontario waters.

📄 Steps to Register:

1. Register with Transport Canada (if the yacht is over 10 HP or over 7m)

2. Apply for a Pleasure Craft Licence (for recreational use)

3. Install a Hull Identification Number (HIN) if not already present

4. Get a Safety Inspection Certificate (if applicable)

⚓ Helpful Note: Commercial vessels or yachts used for chartering fall under additional regulations.

6. Conclusion

Importing a yacht into Ontario may seem complex, but with the right knowledge and preparation, it becomes a manageable—and exciting—process. Whether you're planning to cruise through Georgian Bay or dock at Toronto’s Harbourfront, knowing the costs, rules, and steps will save you time, money, and stress.

✅ Key Takeaways:

1. Know your duties and taxes: Budget 13–25% in total.

2. Get all documents aligned before shipping.

3. Register immediately upon arrival.

4. Consult a customs broker for yachts above $250K.

7. FAQs

❓ How much does it cost to import a yacht into Ontario?

It varies based on value, origin, and transportation method. Expect 13–25% of the yacht's value in taxes and fees.

❓ Do I need to pay luxury tax on all imported yachts?

Only if the yacht’s value exceeds $250,000 CAD. Then, the luxury tax kicks in on top of regular GST/PST.

❓ Can I import a used yacht?

Yes, but ensure it complies with Transport Canada’s safety regulations and that all documentation is clear and updated.

❓ Are US-built yachts duty-free?

Generally yes, under the USMCA (formerly NAFTA). But confirm the Country of Origin Certificate is properly filled.

❓ How long does the process take?

It can take 2–6 weeks, depending on transport method and customs clearance.