Ordinary people can buy and create their own island!
Each share on the island will fetch $ 3,250 (Rs. 2,48,330). people can buy as much as they want, but in the process of making democratic decisions, only one vote per person is allowed.
Do you believe that buying private islands is only for the wealthy and famous? Those who are not, however, have proved that it is feasible. Gareth Johnson and Marshall Mayer, the co-founders of Let's Buy an Island, which debuted in 2018, are role models for anyone interested in purchasing their own island.
They used a crowdsourcing effort to raise $250,000 (Rs. 2,50,21,974) to acquire an uninhabited Caribbean island. Their world's goal was to promote the area as a tourist destination, split the earnings, and give everyone the illusion of owning their own "private island."
"Hasn't everyone dreamed of starting their own country?" Johnson noted in an interview with CNN. This is particularly true in the post-Trump and post-Brexit world.
By december 2019, he had raised enough funds to buy the 1.2-acre island of coffee Kay off the coast of Belize. It was later renamed the Principality of Islandia. This micronation has not been officially approved.
But even so, it has many features of an autonomous country. It has its own national flag, anthem and government. Johnson said they are close to the concept of a nation even though there is no army or navy.
Johnson, who is also a co-founder of Young Pioneers Tours, specializes in travel to north korea and Syria, as well as to Transnistria, Abkhazia and Nagorno-Karabakh. This was about 15 years ago. I bought the domain name letsbuyanisland.com after deciding it was fun to buy an island and start micronation.
The mayor added, "When Gareth first told me about this idea, I thought it would never materialize. But he began to explain how much an island would cost. Buying an island was a lot easier than I thought it would be, especially if we put our funds together."
Each share on the island will fetch $ 3,250 (Rs. 2,48,330). people can buy as much as they want, but in the process of making democratic decisions, only one vote per person is allowed.