Thread: Planning a trip
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  #22  
Old January 11th 04, 05:43 PM
Jürgen Exner
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Saryon wrote:
On Sun, 11 Jan 2004 07:28:26 GMT, "Jürgen Exner"
wrote:

Martin Hotze wrote:
If you are not a US citizen you should check into some sort of
corporation or holding as you are not allowed to own a N-reg
airplane not being a US citizen. (disregard when a US citizen)


Do you have a source/reference to a regulation/law/... about this?
I am sincerely interested because that would block any Permanent
Resident from owning an airplane or flight operation business.


From http://registry.faa.gov/faqac.asp (or go to
http://www2.faa.gov/avr/afs/infoforp...ners/index.cfm and cick on
the registration FAQ):

[...]

2. A resident alien;

3. A corporation other than classified as a U.S. citizen, lawfully
organized and doing business under the laws of the United States or of
any state thereof, if the aircraft is based and used primarily in the
United States; or


Ah, I see. Thank you very much.
So what Martin wrote ("must be US citizen") is actually wrong because he
left out items 2 and 3 which specifically allow a large number of non-US
citizen to own US-registered planes, too.

jue