Business Jet Finance

Business Jet Import Finance - N-reg to G-reg

Finance guide for importing a business jet to the UK - converting from N-reg (FAA) to G-reg (CAA), import VAT, and UK lender requirements. October 2026.

Many of the world's best-value business jets are on N-registration (FAA) in the United States. Importing and re-registering to G-reg opens up the full UK finance market and simplifies day-to-day UK operation. We handle import finance transactions regularly and can guide you through the process from purchase agreement to drawdown.

Why import an N-reg jet?

N-reg jets can represent significant value - particularly for aircraft that were originally sold into the US market at lower prices. The US fleet is also larger, giving you more choice. However, operating an N-reg aircraft primarily in the UK can create regulatory complications under EASA rules.

The G-reg conversion process

Converting from N-reg to G-reg (UK CAA registration) typically takes 4–12 weeks and requires a CAA airworthiness check, modification standard review and, for older types, potential modifications to meet UK/EASA requirements. Budget for professional costs of £15,000–£50,000+ depending on aircraft type.

Import VAT

Importing a business jet into the UK from outside the UK (including from the US) typically triggers UK import VAT at 20%. If the aircraft is used exclusively for business purposes that qualify under HMRC's rules, input VAT may be recoverable. Specialist aviation tax advice is essential before committing to an import.

Finance for an N-reg aircraft

Some UK lenders will finance an N-reg aircraft operated in the UK, but may require G-reg conversion as a condition of drawdown or impose a lower LTV. Others will only lend on G-reg assets. We know which lenders are comfortable with each scenario.

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FAQs

Frequently asked questions

Can I get UK finance on an N-reg jet without converting to G-reg?

Some lenders will consider N-reg aircraft, particularly where the borrower has strong financial backing and the aircraft will be used internationally. However, the majority of UK lenders prefer or require G-reg. We will identify the right lender for your situation.

How long does G-reg conversion take?

Typically 4–12 weeks from receipt of all documentation. For complex aircraft or those requiring modifications, allow longer. We recommend starting the conversion process before the finance is needed to avoid delays at drawdown.

Does import VAT apply to private aircraft?

Import VAT at 20% applies to aircraft imported into the UK, regardless of whether for business or private use. The key question is whether it is recoverable - which depends on how the aircraft is used and owned.

Can I finance a US-priced jet in USD?

Yes - Global Jet Capital and a small number of other specialist lenders can provide USD-denominated facilities, which eliminates currency risk on a USD-priced aircraft.

What is the typical timeline for an import finance transaction?

Allow 8–16 weeks from initial enquiry to drawdown for a jet import - longer than a straightforward UK purchase due to conversion, VAT and cross-border legal requirements.

Finance taken for business purposes is not regulated by the FCA. Rates shown are indicative as at October 2026 and depend on credit profile, term, aircraft and deposit. We act as a credit broker, not a lender. Your aircraft may be repossessed if you do not keep up repayments.

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