It is PITCAIRN Island. The captain of the ship 'Bounty' was William BLIGH who was later governor of New South Wales. The island is a British Overseas Territory
No - single island Pitcairn is 4,6 square km. Pitcairn island composition that contains 4 or 5 small islands might be 49 square km - it's included ocean
There's a non-refundable $500 deposit as part of the application process. Apparently, no one gets approved, and they keep your 500 bucks. Be careful, my friend.