Geography
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Government
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Economy
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People
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Justice
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The evolution of the Vema Seamount Community from a claim of a tiny submerged ancient island which has eroded by millions of years of wave action, to today's statehood, adding to the existing number of sovereign nations in the world and the number of existing monarchies, stands as an unprecedented phenomenon in the history human evolution.
Mount Vema is the perfect location for those looking for a peaceful place 'away from it all'.
MOUNT VEMA
As Mount Vema builds the next PORT of call, it is also opening a new market, strengthening strategic alliances and partnerships worldwide.
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Geography
KINGDOM OF MOUNT VEMA
Vema Seamount Territory
Vema Seamount Territory
When people think of Mount Vema or Vema Seamount today, images of water, fishery, royalty and wealth spring to mind. However this unique South East Atlantic territory, is not just a submerged ancient island, once at the surface of the sea which eroded by millions of years of wave action. Mount Vema is a monument, a piece of rock inextricably linked with The Vema Seamount Authority - Peter J. Goldishman who has managed to propel this once overfished and almost forgotten submerged island, to a well-managed and well-regulated fishing ground, and transformed it, to its greatest ever imagined state of wealth and prominence.
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Geographic Location:
31 38' S 8° 20' E Latitude= -31.6347
Longitude= 008.3264 |
Mount Vema
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13 Years of Royal History
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Time Zone - UTC + 01:00 hour
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Terrain: The Vema Seamount summit substrate is rocky, with phonolite outcrops, bedrock of volcanic ash agglomerates, and calcareous accretions.
Area: The seamount's plateau-like summit is approximately 14 kilometers in diameter, with the highest peak located on the southern flank of the island. However the mean base diameter of the country is about 60 kilometers. Land: About 5% of land will be reclaimed as part of the network of concrete barriers to protect the floating city and key infrastructures from the destructive force of the Southern Atlantic wind and waves.
Area - Comparative: The floating city of Mount Vema will be about 7x3 kilometres including its canals. It will be bigger than other small sovereign states such as the Vatican City of the Holy See, or The Principality of Monaco. But if one includes its territorial waters (200 nautical miles), then Mount Vema is also bigger than The Republic of San Marino, or The Principality of Liechtenstein.
Area - Comparative: The floating city of Mount Vema will be about 7x3 kilometres including its canals. It will be bigger than other small sovereign states such as the Vatican City of the Holy See, or The Principality of Monaco. But if one includes its territorial waters (200 nautical miles), then Mount Vema is also bigger than The Republic of San Marino, or The Principality of Liechtenstein.
Climate: - Located just south of the Tropic of Capricorn the weather in Mount Vema fluctuates little through the year, and it is very different from other countries in the region. The climate is mostly Mediterranean, but can be wet and overcast with clouds/fog/mist/haze, with winds of about 4 (light air) to 30 (Fresh Breeze) kilometres per hour average, although winds can sometimes exceed 40 kilometres per hour (Strong Breeze). The temperature is marine, 14 °C to 21 °C average, with humidity sometimes exceeding 80%. The lowest temperatures can reach 2 °C and the highest 28 °C.
People
COMMUNITY
Demography of Mount Vema
Nationality: Veman(s) | Language: English (Official) | Religion: Christianity | Education: (See Education System)
Government
GOVERNMENT
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Government
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Monarchy
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Country Name (Long Form): Kingdom of Mount Vema
Country Name (Short Form): Mount Vema |
Flag Description: Two equal horizontal bands of white (top) and gold, with a navy blue (top) and red square bordering the white center.
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National Anthem:
'God Protect Mount Vema' |
National Holiday: Independence Day, August 1st | Independence: 2006 (beginning of permanent rule by the Monarchy of Mount Vema) Before the year 2006, Mount Vema was never a nation or part of a nation, an empire or part of an empire, nor a trusteeship. 2006 does not represent "independence" in the strict sense, but rather a significant nationhood event which is the founding date of the nation. The significant establishment of statehood based on an ancient island (known today as Vema Seamount) which has eroded by millions of years of wave action.
Economy
ECONOMY
FISHERIES | REAL ESTATE | TOURISM | FINANCIAL SERVICES
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Financial Year: September 1st to August 31st
Budget: Revenues: 200 billion golles (2030 est.) Expenditures: 120 billion golles (2030 est.) Note: Expenditures include both operational and development 
The Currency of Mount Vema
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Economy
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The Kingdom of Mount Vema has a prosperous economy, based on a comparison of GDP measured at purchasing power parity conversion rates. The Mount Vema real estate although off-plan, is already highly valuable. The 1.6 trillion golles total value of the Kingdom of Mount Vema entire projected property stock and the Vema Seamount territory itself is more than the combined gross domestic products (GDP) of some well-developed countries. This is an economy where the Government buys needed goods and services predominantly in the private marketplace, and private individuals and business firms make most of the decisions. Firms also enjoy great flexibility in decisions to expand, to develop new products, and lay off surplus workers.
The Vema Seamount territory with its marine life alone is an asset that represents the value of ownership of the Vema Seamount Authority that can be converted into cash as collateral at any time to enable His Mount Vema Majesty’s Government to raise finance to pay for the country’s obligations but the government makes very little use of this option as it forms part of His Mount Vema Majesty’s Reserves and requires the approval of the Sovereign. The annual spending budget is determined by the country’s debt ceiling, signed by the Sovereign every August and announced on the first week of September. But when compared with the country’s total estimated revenues and total asset value, it places Mount Vema and its currency in a very especial place when it comes to purchasing power.
The Mount Vema property market is building on positive momentum that has begun with off-plan sale, although the government only plans to sale initially 10% of all development units and properties that will be built. The rest will be reserved to let, to be used to raise funds to meet liquidity needs. This policy is to maintain a sustainable supply and a healthier market that could result in annual appreciation of between 3 percent and 5 percent.
The Vema Seamount territory with its marine life alone is an asset that represents the value of ownership of the Vema Seamount Authority that can be converted into cash as collateral at any time to enable His Mount Vema Majesty’s Government to raise finance to pay for the country’s obligations but the government makes very little use of this option as it forms part of His Mount Vema Majesty’s Reserves and requires the approval of the Sovereign. The annual spending budget is determined by the country’s debt ceiling, signed by the Sovereign every August and announced on the first week of September. But when compared with the country’s total estimated revenues and total asset value, it places Mount Vema and its currency in a very especial place when it comes to purchasing power.
The Mount Vema property market is building on positive momentum that has begun with off-plan sale, although the government only plans to sale initially 10% of all development units and properties that will be built. The rest will be reserved to let, to be used to raise funds to meet liquidity needs. This policy is to maintain a sustainable supply and a healthier market that could result in annual appreciation of between 3 percent and 5 percent.
REGISTERED CORPORATIONS
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Some of the key companies registered with the Vema Seamount Territory
THE FLOATING CITY PROJECT
The City of Mount Vema Project
Pashant | Bella Vista | Neverland | Roseland | Northland | Southland | Westland | Maryland | San Miguel | Eastland
Mount Vema Government agencies purchase a wide range of goods and services from business of all sizes. If you're aware of the opportunities, and understand how to sell to government, your business has the potential to reach a larger market and generate larger profits. Doing business with the Government is safe investment in the future of any corporation and can bring great returns. Investments in Mount Vema offer more choices than any other economy in the world at present, a growing economy, that is arguable one of the fastest growing economy, and one of the most politically stable. The Mount Vema Government legislation and procurement policy establishes the principles for the government's acquisition of products and services. Selling goods and services to government is an important opportunity for any businesses.
Justice
THE TERRITORIAL WATERS
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More than a 1000 ships cross the
Vema Seamount Territorial Waters, every year The ISLAND is located right in the middle of a busy shipping lane, a trade route connecting India, China, Japan, Singapore with Brazil, Mercosur and North America with some of the largest merchant ships sailing through every day. The safety of this trade route is paramount. The Kingdom of Mount Vema works to ensure safety and justice within its jurisdiction 24/7.
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MILITARY | LAW ENFORCEMENT | RESCUE SERVICES
Explorations of Vema Seamount - 1964
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Why is Vema Seamount unique?
Captain J. K. M a l l o r y - EXPLORATION OF THE “VEMA” SEAMOUNT
“It is unique because it is probably the only seamount known which rises from the deep ocean basin to a level sufficiently near the surface of the sea to allow effective sunlight penetration, and for direct study by scuba divers using normal equipment.” “It must be remembered that this isolated peak rises directly from the abyssal plain yet reaches the zone of light penetration. There is no direct connection with the mainland of Africa 500 miles to the east, nor with the nearest island group of Tristan da Cunha to the south-west, and St. Helena Bay to the north-west, both a thousand-odd miles away. Therefore, the biological exploration of this small area was bound to prove most interesting, fascinating and rewarding".
International Treaties – Ratified by the Kingdom of Mount Vema
Law of the Sea Treaty (United Nations Convention on the Law of the Sea)
MARPOL 73/78 (Convention for the Prevention of Pollution from Ships)
The Vienna Convention on Diplomatic Relations of 1961
The Vienna Convention on Consular Relations 1963
Law of the Sea Treaty (United Nations Convention on the Law of the Sea)
MARPOL 73/78 (Convention for the Prevention of Pollution from Ships)
The Vienna Convention on Diplomatic Relations of 1961
The Vienna Convention on Consular Relations 1963
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The Right to Self-Determination
Many believe because our community is not a member of the United Nations and is only just over a decade old, doing business with the Kingdom of Mount Vema is not possible for foreign nationals and foreign companies seeking to take advantage of the business opportunities the floating city project is creating. Nothing could be further from the truth. The territory doesn't need a United Nations membership to function as a sovereign territory, or to exercise its inalienable right for self-determination. |
Registrars
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The entirety of this site is protected by copyright © 2006–2020 | Mount Vema | Vema Seamount Authority
Annual Awards
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Secure Online Payments
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www.mount-vema.com | www.vema-seamount.com
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Geography
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Government
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Economy
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People
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Justice
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COUNTRY CODE
COUNTRY CODES IN USE Mount Vema Country Code: OV / MOV Mount Vema Numeric Country Code: 507 Currency Code: VSG Proposed Top-Level Domain: .ov Proposed Telephone Country Code: +294 |