Largely wild and undeveloped, Strangers Cay was picked up by Beyoncé and Jay-Z for $3 million. The 360-acre island is carpeted with lush greenery and has a natural harbor in crystal clear waters that are perfect for snorkeling and scuba diving.
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Pamela Anderson – Island off Dubai coastOther famous actors who have their own private islands include Tyler Perry, who bought the White Bay Cay in The Bahamas to fly his private plane. Even Steven Spielberg has two islands in Madeira Archipelago, off the coast of Portugal.
The Falkland Islands in the South Atlantic feature a number of private islands, typically run as sheep raising family farms and tourist destinations. Prominent among these is Weddell Island, one of the largest private islands in the world, with a surface area of 265.8 km2 (102.6 sq mi).
Nicolas Cage - owns estate residence on Paradise Island and a private island in the Exuma chains. Mariah Carey - owns a house on Windermere, a private island connected to Eleuthera, where she married Nick Cannon in 2008. Mike Oldfield - guitarist/composer (Tubular Bells etc.)
DiCaprio, who is currently filming an adventure drama, The Revenant, fell in love with Belize on a scuba diving trip in 2005, and purchased Blackadore Caye for $1.75 million with Jeff Gram, the owner of Cayo Espanto Island Resort, another luxury vacation spot in Belize.
Same as taxes for land not surrounded by water. There's this myth that a ring of water has legal superpowers. Residents of islands still pay income, business, sales, and property taxes like any other resident.