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If you are a foreign national or company you are not eligible for aircraft ownership under the FAA requirements but you may still be interested in registering their aircraft. For these reasons, establishing a trust is the best way to maintain FAA registration in the United States.
An aircraft trust is basically a relationship where a trustee owns an aircraft on behalf of an entity or individual. The trust is established as an extension of the true owner, also called the trustor or trust beneficiary.
Global Aircraft Trust can help individual or business that don’t qualify as a US citizen under the FAA’s citizenship test. We can provide individual or business to obtain US registration.
No matter the size of your aircraft or fleet regardless where the aircraft is registered in the world, we can provide you with the perfect trust service for your situation.
We will can be the primarily set up when aircraft owners do not meet the requirements to register their airplane with the FAA. Registering with the FAA has many advantages including resale value to your asset.
If you are looking for a complete aircraft trust service, Global Aircraft Trust is your reliable partner throughout the whole process, delivering amazing services.
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WE PRIDE OURSELVES IN BEING PROFESSIONALS AND RELIABLE FLOORING SERVICES COMPANY
Faq
Find quick answers for most common questions
If you are not an US citizen or US company you are not eligible for aircraft ownership under the FAA requirements and in order to register your aircraft with the FAA and having a trust For these individuals, establishing an owner trust is the best way to maintain FAA registration in the United States.
Besides the obvious role of being able to register and maintain the aircraft with the FAA an owner trust can play additional roles like
- Can facilitate the sale or transaction of the aircraft to foreign companies or individuals
- To oversea the inspection and maintenance of the aircraft.
When you place the aircraft with a trust owner all the registration will be done in the name of the trust owner including the aircraft and it’s assets. So finding a reliable and legitimate trust company is paramount.
Regarding taxation it really doesn’t change anything. If any income is collected by the trust taxes and the income will go to the original beneficiary.
No, the owner is trustee but any benefits generated by the trust belongs to the beneficiary
The beneficiary and trustee will have an agreement in place providing the beneficiary access and use of the aircraft according to the agreement.
Absolutely not. Having a trust does not impact your ability of applying for loans and can in most cases be a positive factor for your lender.
Let’s talk about aircraft trust
We understand you may have many questions and concerns about a trust. We’d love to talk to you and explain more of the benefits of having a trust and how that can help you in the long term.
