It might be helpful to establish–at least here–that Neverland is the entire world, yes? Both the island and the ocean, except that the island has some sort of magical property in which if you set foot upon it, you are doomed to stay forever. Hook could leave because apparently he never stepped on NL. Bae did, so we have to account for how he left the island and my guess is that PP let him go.
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"He was a lot of things to me" "The only conclusion was love"