We are a group of people who have jointly bought an island. We would love you to join us!
We get why you might ask that (it’s certainly an ambitious proposal!), but no, this is not a scam. IBG Inc. is a duly registered Cayman Islands entity, founded in July 2018 with the specific goal of investing in island real estate and developing it for commercial use. Our investors’ shares are protected under Caymans law, and though we cannot guarantee returns, we strive daily to create value for our shareholders. Learn more or Contact us to hear from our founder.
The island is Coffee Caye, located just off the coast of Belize. Its easily accessible and ready for development.
We are seeking a manageable test case for this first endeavor. This is an unproven venture, and knowing the risks involved we want to minimize the hurdles we need to overcome to reach profitability. Setting our sights on more affordable locations allows us to be more widely attractive to investors, and keeps us operating within our means, not beyond them.
The island, while owned by IBG Inc. is a symbolic gathering place for likeminded ‘citizens’ of our online virtual nation. See our Principality of Islandia page for more details.
We plan to develop and merchandise the micronation after the purchase of the island.
As we love democracy here at LBI, we asked all our investors for suggestions of names and held a vote. This is a working title though, as our final island destination may inspire some new name suggestions that include local or cultural references.
Our aim is to eventually deliver a return on investment for our shareholders. We are working at business models for short and long term plans for our island. We have a long list of ideas, with our ultimate aim being to build a paradise resort.
This will depend on the development stage of the island. Some of our investors have been busy visiting the island already! In the future, we will likely ringfence some of the peak season for paying guests, but investors will be welcome on the island at other times of the year. Depending on demand, a system will be put in place to ensure fair access.
We like to think we are a group of like minded individuals who value travel, adventure and meeting new people. We have so far had investor meetups in London, New York, Hong Kong, Belize, Ireland and Tallinn.
Not quite, but we are signing up investors steadily and still have shares available for those who want to join us.
Our shares are should say $4,495. Our business model aims to attract no more than 150 shareholders. This represents a mangeable group size to communicate with. Nevertheless, we will be providing some alternative opportunities for people who want to support us financially but don’t want to buy a share in the company.
Yes, if you want to invest more money. Our model is one voting share per person however.
Have any more questions?
Email our founders and ask away: marshall@letsbuyanisland.com