Well, I've never done it, but the two questions I'd have are:
1. Is it possible to register the bike in the country of origin from abroad? No registration means no insurance etc.
2. Can you get it across borders with no registration papers and stamps in your passport or papers to say you brought it into the country?
Just seems like a pretty bad idea to me; also, I wouldn't necessarily listen to the vendor as they have a vested interest in selling you the bike.
Sean
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