Paper Umbrella Residences

How does a private residence club work? Let us tell you in a nutshell. Learn more.

Learn more about how Paper Umbrella works and the value of membership. Let’s talk.

Shareholder Member Application Request

Ownership & One Simple Membership

So do we! That's why we give you an opportunity to visit our properties to make sure you are happy with your investment. We give you the time you need to visit one of our luxurious residences so you can see for yourself you are getting what we said you were getting. If you disagree, then your deposit is returned to you and all you have had is a free week of accommodation. Paper Umbrella is a real investment in real property. Every Paper Umbrella member has opportunity for an equity stake in the property portfolio. As properties increase in value, so does the value of your investment. And the rights of members are secured in a member charter.

Here's how to apply:

  1. Complete a Shareholder Member Application Request for review by Paper Umbrella.
  2. Once approved, make a $10,000 refundable deposit
  3. You then have 60 days to:

    • Go on a vacation at a Paper Umbrella Property!
    • Review the related agreements and regulations, and relay any questions
    • Execute a Share Subscription Agreement to become a Shareholder Member
    • Pay subscription balance.

Share subscription funds are held in trust by Paper Umbrella's lawyers until payments on properties are required.

Paper Umbrella Residences Club is structured as a not-for-profit share corporation, governed by a memorandum and articles of association. The business of the Club is managed by Radar Adventures Inc., through two management contracts - one governing the operations and administration of the Club and the other governing the sale of shares and purchase and sale of the private luxury residence properties owned by Paper Umbrella.

Membership in the Club is comprised of Shareholder Members and Recreational Members. You may join Paper Umbrella as a Shareholder Member and/or a Recreational Member. Only Recreational Members and prospective Recreational Members may use the Club's Properties to ensure our availability is maintained.

Not quite ready to apply? Let’s meet for coffee.