Inside the "Illegal" Billionaire Paradise with its Own Laws

Summary by Krater

The creators visit Próspera, a private autonomous city in Roatán, Honduras, to investigate its unique economic model and the controversy surrounding its existence. They interview local residents and the mayor of Próspera, and experience some of its biotech ventures, concluding with mixed feelings about its potential and implications.

From the video

Answers: What is Próspera, the private autonomous city in Honduras, really like?

• Próspera charter city
• Roatán Honduras autonomy
• private governance model
• biotech innovation in Próspera
• Honduran government conflict with ZEDE

What it concludes

• Próspera introduces free-market competition into the provision of governance services.
• Próspera's legal framework allows biotech startups to conduct research and development with fewer bureaucratic hurdles than in other countries.
• Próspera faces severe opposition from the Honduran government, which has attempted to repeal the ZEDE law and shut down buildings.
• While some locals praise Próspera for economic opportunities and safety, others and local activists fear displacement and lack of regulatory oversight.