Próspera

[5] Social services such as health and education are planned to be privatized and financed from taxes, fees, and the sale of land to new residents and investors.

Individuals can apply for "e-residency", which allows them to register businesses in Próspera and benefit from the local tax and regulatory structure.

[6] Residents must sign the city's social contract and pay an annual fee to live in Próspera, which is $260 for Hondurans and $1,300 for foreigners.

[8] ZEDEs were the brainchild of American economist and Nobel Memorial Prize laureate Paul Romer, who was initially involved in the project.

[7] The foundation for the Honduran ZEDE project (Zone for Employment and Economic Development) was laid in 2011 under President Porfirio Lobo Sosa.

[citation needed] ZEDEs were designed to be unrepealable for 50 years, to give foreign investors the necessary confidence to invest capital.

Bay Islands Map