This is my very first tab. I didn't see this up anywhere and I figured it out a while 
so I figured I would go ahead and put it up :)

I play F#m like 200222, but if you don't like that, you can just
play Dmaj7 = xx0222 in it's place


Intro: just play A for 4 measures
Verse 1:
       A       E         F#m          D
I will live my life as a lobsterman's wife
      A      E           A    E
on an island in the blue bay.
        A            E
He will take care of me,
        F#m            D
he will smell like the sea,
    A           E                  A
And close to my heart he'll always stay.

       A          E             F#m         D
I will bear three girls all with strawberry curls,
       A        E         A     E
little Ella and Nelly and Faye.
          A             E            F#m            D
While I'm combing their hair, I will catch his warm stare
       A      E           A
On our island in the blue bay.

Chorus:
     E                      F#m   A
Far away far away, I want to go far away.
     A                 E
To a new life on a new shore line.
          E                     F#m        A
Where the water is blue and the people are new.
     E            D    Dm              A
To another island, in another life.
Verse 2:
          A          E          F#m        D
There's a boy next to me and he never will be
   A           E          A    E
anything but a boy at the bar.
      A              E
And I think he's the tops,
           F#m        D
he's where everything stops.
      A       E             A    E
How I love to love him from afar.

        A                E         F#m     D
When he walks right pass me then I finally see
       A                  E
on this bar stool I can't stay.
       A         E          F#m         D
So I'm taking my frown to a far distant town
      A      E           A
On an island in the blue bay.
(Chorus)
Bridge:
A
I want to go far away.
F#m                               E
Away away, I want to go far away, away, away
                 A
I want to go far away, far away.
Interlude:E, F#m, A, E, F#m (chords from 1st half of chorus)

          E                     F#m        A
Where the water is blue and the people are new.
        E                     F#m    A
To another life, to another life.
        E
To another shore line
D   Dm                   (End on A)
In another life.