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If they will manage to get recognized and get a UN membership they will instantly have a ton of ways of making money. Flag of convenience for ships and airplan
by Aspos 5y ago
If they will manage to get recognized and get a UN membership they will instantly have a ton of ways of making money.
Flag of convenience for ships and airplanes -- millions and millions annually. Mongolia has a huge merchant fleet. Thousands of commercial airplanes are registered in Bermudas.
Own top-level domain name -- if they will get creative naming their country they may land a popular domain.
Driving licenses -- Would love to pass all the rigorous tests to get an extra drivers license which I could use when traveling abroad.
Passports -- assuming they will implement all the necessary measures to filter out crooks, they can start offering 2nd citizenship. Second passport is super valuable to those who travel a lot.
Orbits and space in general -- valuable resource!
WTO quotas and re-export -- uh, oh!
Etc., etc., etc.
Becoming a recognized country opens a lot of opportunities.
They just need to crowdsource a few more billions and persuade neighboring countries to recognize them.
- otoburb 5y ago>>They just need to crowdsource a few more billions and persuade neighboring countries to recognize them. The billions will be needed to bootstrap their infrastructure.
- Aspos 5y agoWhat infrastructure? They don't need too many people living there to manage all these. A landing strip, a pier, couple houses for the maintenance team. A bungalow and a bar for their parliament.
- SheepSlapper 5y ago"By December 2019, the group's aspirations became reality, raising over $250,000 to complete the purchase of Coffee Caye, a 1.2-acre, uninhabited island off the coast of Belize" Good luck putting any of that on a single acre
- Aspos 5y agoThey have a 1.2-acre anchoring point to build an elevated platform with a pier and a landing strip. BTW, USS Harry S. Truman may get retired soon. That would give them plenty of space for anything.
- SheepSlapper 5y ago"And I don't know about you," says Mayer, "but I certainly can't afford to buy an island on my own!" Again, best of luck to them. They had to crowdfund $250,000 for the tiny piece of land, they're a LONG way from being able to do anything ambitious with it. That takes DEEP pockets that they themselves admitted to not having. It'll be a fun little campsite for a few years though, until it's underwater. Then it's just a heck of a story to tell at the bar.
- notahacker 5y agoYep. Sounds like most of the investors have spent the cost of a mid range Caribbean holiday for a permanent spot to pitch a tent or build a hut alongside other people that think it's a fun idea. If you see it in that context rather than as an investment, its quite good fun.
- notahacker 5y ago> USS Harry S. Truman may get retired soon That sounds like a project for letsbuyanaircraftcarrier.com . No island necessary :)
- ianai 5y agoAnd if they don't have nukes, any country with 'real[politik] sovereignty' can knock them out at any time.
- BLKNSLVR 5y agoThe missile to knock them out would cost more than to buy the island outright.
- philjohn 5y agoAre they within Belize's territorial waters? If so, all they did was tantamount to buying a plot of land, albeit one surrounded by water.
- bluGill 5y agoBelize could recognize them and allow it. Will they I don't know, but they can.
- 323 5y ago> Second passport is super valuable to those who travel a lot. Only if you can actually enter somewhere with that Passport. That's why an US/EU passport is way more valuable than a Belize one. Their passport would require an entry visa everywhere to start with.