The Crawfish Rock community is apprehensive about embracing the Prospera charter city. 

The Crawfish Rock community is apprehensive about embracing the Prospera charter city. 

Photographer: Daniele Volpe/Bloomberg

The Big Take

A Libertarian Island Dream in Honduras Is Now an $11 Billion Nightmare

Prospera touts itself as the world’s most ambitious experiment in self-governance. Critics say its founders have lost their way

Nestled within a tropical forest on a sun-drenched Honduran island, Prospera is technically a city. But entering it feels like crossing into another country.

Lea la nota en español.

Continue reading with one of the options below

Free account

  • CheckmarkRead this article
  • CheckmarkFree newsletters

Subscription

  • CheckmarkUnlimited access to Bloomberg.com
  • CheckmarkUnlimited access to the Bloomberg app
  • CheckmarkSubscriber-only newsletters