To be part of Haig Point you have to pay an annual membership fee of $25,660, or $30,759 if you want the golf membership that lets you golf essentially whenever you want — on top of a one-time initiation fee of $50,000.
Before Haig Point, I already lived in a community that had fees associated with living there. The fees are higher at Haig Point to cover the cost of the ferry, but it didn't take much adjusting to.
The membership covers the cost of staff and the amenities within the community. The community has a 29-hole golf course, an outdoor pool, six tennis courts, a pickleball court, an equestrian center, and some other buildings that require upkeep — the membership pays for that.
The biggest benefit of the membership is that you can get the boat to and from the island as often as you like, for free. A boat goes each way once an hour and you can bring guests with you, also for free.
Our community on the island is considered "car-free" but you may see a few vehicles being used by maintenance staff. Haig Point has a big golf community, and as a result, golf carts are the main form of transport on the island.
You can buy a nice, rebuilt golf cart from a dealer on the mainland for about $11,000. We got one of those but also purchased a fancier one with hard doors to keep you warm when it gets chilly for around $15,000.
.....I guess anything can be "magic" when you have a lot of money.