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Web Desk:
According to Deseret News, the idea of owning a tropical island may seem unachievable but this group of travelers made it happen by purchasing Coffee Caye, making it the world’s first crowd funded island. A group of 80 investors came together to buy an island which is a short boat ride from Belize City.
Mayer is the co-founder of a project called Let’s Buy an Island, started in 2018 with the goal of purchasing an island. “Who wouldn’t want to buy an island?” said Marshall Mayer, per CNN Travel.
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In 2019, this group of investors raised over $250,000, enough to buy the Coffee Caye island. A short boat ride from Belize City, the uninhabited 1.2-acre island is almost shaped like a coffee bean, with a small beach on one side and scrub and mangroves on the other.
Officially named the Principality of Islandia, with a national flag, this country has hundreds of online citizens, while novelty passports are incoming.