After research into private island prices and discussions with our early investors, we settled on the goal of 120 – 150 investors. For $400,000+ we will be able to purchase a beautiful, nicely situated island, 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.
Our overall target is 120-150 investors, raising $400,000+. Depending on the island that we choose, we expect approximately 60-70% of this amount to go towards the purchase price, and 30-40% to contribute to infrastructure, development, as well as legal fees and other overheads.
As soon as we reached 50 investors, the decision was made to proceed regardless of further investment. We currently have enough to purchase a small island in a number of beautiful locales. Further investment will simply increase our purchasing power and make our very own paradise slightly more paradisiacal.
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.
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.