Abstract

Based on the website www.skproperty.org where some news has been found that a small portion of the islands in Indonesia have been managed by foreign parties, this is proven by various foreign websites which state that some of the islands have been sold even though the Agency National Intelligence stated that it was not for sale but to attract foreign investors to want to invest in developments in the area. what is really being sold, to understand this, we are interested in researching the impact of managing the islands by foreigners, methodology research by Literatur Review, and research results it turns out that it is not for sale but is an investment value for the development of the island to attract investors to invest their capital for development and economic growth in the region, Even though in reality attracting investors does not make the lives of the people around the island better, it would be wise if the management of the island through collaboration between the local community, investors and local government can work together to manage the island for marine tourism and grow the community's micro and small business units.

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