We propose to build a Free Private City in Tuvalu

• Government of Tuvalu grants a Sovereign Lease to create the Free Private City of Pacifica.

• The Free Private City is formed as an independent polity.

• A Special Purpose Company is formed to undertake development.

• 8km of land is reclaimed on Funafuti Atoll.

• Land parcels (and voxels) will be sold as tokenized RWA on blockchain.

• Profit shared with Tuvalu to fund L-TAP

• Public Services and Legal Arbitration undertaken by a City Operator, with clear contractual responsibilities to residents.

• Sovereign Lease may be renewed after 99 years. If not renewed, all reclaimed land reverts to Tuvalu ownership.

Our project represents the only feasible way to both fund Tuvalu’s L-TAP and generate significant economic externalities.

Tuvalu’s geography allows for net-zero baseload power generation via OTEC.

Tuvalu has a very transparent, open, democratic government, with strong institutions. Rule of law and property rights are protected, with access to UK Privy Council.

Market research of Tuvaluans indicates 90% support of proposal.

Pacifica’s Tax and Regulatory Environment

• No Income Tax

• No Capital Gains Tax

• No Corporate Tax

• No Property Tax

• Clear regulations

• Efficient legal and arbitration services

• Rule based vs Permit based development frameworks

• Choice of City Services providers

How close will Pacifica be from Australia and SE Asia?

Click below to see how far via direct flight to Pacifica will be from maselect cities, and how this compares to other destinations in the region.