After our original research into private island prices and discussions with our early investors, we settled on the goal of 120 – 150 investors.
This has enabled us to purchase a beautiful, nicely situated island. Additional funds will pay for development and infrastructure, and ensure we can cover all of our operating costs while still keeping the dream alive for those without massive amounts of disposable income.
The Target
Our overall target is 120-150 investors, raising $400,000+. Around 60-70% of this amount has gone towards the island purchase price, and 30-40% will then contribute to infrastructure, development, as well as legal fees and other overheads.
The Point of No Return
As soon as we reached 50 investors, the decision was made to proceed regardless of further investment. We have managed to secure the purchase of our island. Further investment will make our very own paradise slightly more paradisiacal.
The Legalities
IBG Inc. was founded and is registered in the Cayman Islands, and therefore is subject to Cayman law. While major decisions are often put to a vote of its shareholders, IBG’s board of directors and employees run the day-to-day operations. CLICK HERE to learn more about the key people working so hard to make IBG Inc. a success.
Return on Investment
No investment should be made unless the investor is comfortable with the risks involved in any new business venture – we are no exception. While this project is very much a labour of love, we are developing multiple revenue streams with the goal of generating profits to distribute to our investors. Though there are no guarantees of our success, we believe in our project and its potential. We are accountable to our shareholders and strive every day to create value for our brand and our investors.
First, we will develop the island into a unique turnkey vacation rental. Among our investors we have several successful travel industry entrepreneurs, hospitality industry experts, and a wealth of other fields and experiences that can contribute to making this a must-visit destination.
Second, through our micronation, the Principality of Islandia, we will generate revenue by selling everything from stamps to passports, as well as generating valuable marketing exposure for our island paradise.
Learn more about our project by reaching out directly to our founders.