Just ownership, and let's say tax-free (or up-to-date on taxes). With whatever you own now (bank assets, property, whatever you have now and can afford to buy now, etc.).
So, it just fell into your lap, tax-free (at least, at present).
Using my resources I would need to build a raft and hope I could navigate it there. Then I would live like Tom Hanks. Maybe not that. I likely would look to attract investors instead. Turn it into a gambling resort.
0 Replies
McGentrix
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Tue 3 Mar, 2020 08:23 am
Sell it.
0 Replies
tsarstepan
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Tue 3 Mar, 2020 09:22 am
@Seizan,
Will it be completely destroyed in the near future or relatively near future from effects of climate change?
That's a big deal breaker. Even corporations would probably not want to buy it for resort purposes if that may in the island's future.
If not? I'd try and build an animal sanctuary and a residence for scientists (including a small studio apartment for myself).
0 Replies
Linkat
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Tue 3 Mar, 2020 01:15 pm
@Seizan,
Build my own personal resort - then hire some peasants to serve me, massage my feet while peeling grades and feeding them to me.