How Much Does It Cost To Buy Your Own Private Island?

The thought of buying a tropical island is one many of us have dreamed of. Now imagine you asked a bunch of those people to chip in some money and actually buy an island. Well, that’s essentially what Marshall Mayer did with his Let’s Buy An Island project, resulting in the world’s first crowdfunded island.

The goal began to buy an island- any island – and potentially as more people invested, they could afford something nicer than a tiny river island in northern Canada. Let’s Buy An Island reached well beyond its initial goal in 2018 and ended up purchasing Coffee Caye off the coast of Belize. Now, it’s poised to become a micronation, offering citizenship to what’s being called Islandia.

Marshall was a guest on the foXnoMad Podcast where we talked about how Let’s Buy An Island came to be and what forming a micronation is like. It’s a fun discussion on the logistics of turning a dream into a tangible… in this case, island. You can listen to the episode here or watch it in full in the video above.

I also happened to be headed to Caye Caulker Belize two weeks after our conversation and guess who made it to Islandia? The plans for the island, mainly a vacation rental property that will make your friends jealous, hasn’t been built yet but it was an adventure just getting there. You can watch the entire trip in the video here.