Mount Vema Kingdom of Mount Vema - The Vema Seamount Territory

MOUNT VEMA

Geographic Location:
31 38' S  8° 20' E
Latitude= -31.6347
Longitude= 008.3264
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Mount Vema
12 Years of Royal History
Diplomatic Services
Consular Services
The Legal System
Time Zone - UTC + 01:00 hour
Maritime Claims
The Constitution
Declaration of Sovereignty
LATEST NEWS
Statutory Laws​
Fishing Licences
​THE 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 ​an oceanic island.
​It is a monument, a piece of rock inextricably linked with The Vema Seamount Authority - Peter J. Goldishman. 
Background: The evolution of the Vema Seamount Community from a claim of a tiny submerged spot in the world 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 - Vema Seamount and its adjacent waters is a unique oceanic island in the South Atlantic. Now a sovereign territory inextricably linked with The Vema Seamount Authority - Peter J Goldishman, Kingdom of Mount Vema is the official country name, and City of Mount Vema is the floating city project, aiming to be the world's largest floating City-State. - read more 
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.

COMMUNITY 
Demography of Mount Vema

Nationality: Veman(s) | Language: English (Official) | Religion: Christianity | Education: (See Education System)
THE MOUNT VEMA PASSPORT
Right to Basic Income | Healthcare | Social Housing
Consular Services 
International Health Insurance
Mount Vema Citizenship
Who can become a Mount Vema citizen?
Becoming a Mount Vema citizen
Mount Vema citizenship through birth
Becoming a Mount Vema citizen through naturalisation
Becoming a Mount Vema citizen through investment
Becoming a Mount Vema citizen through extraordinary deeds
Becoming a Mount Vema citizen through marriage

HIS MOUNT VEMA MAJESTY'S GOVERNMENT

The Constitution of Mount Vema | Constitutional Monarchy
Government | Congress | Elections | Legislation | Legal System | Sovereignty | Monarchy
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. 
COUNTRY CODE
​PROVISIONALLY USED CODES AND PROPOSED CODES  
Mount Vema Country Code: MOV 
Mount Vema Numeric Country Code: 507 
Satellite Phone Country Code: +870
Currency Code: VSG
Proposed ISO Country Code: MOV 
Proposed ISO Numeric Country Code: 507
Proposed Top-Level Domain: .ov
​Proposed Telephone Country Code: +294

ECONOMY
FISHERIES | REAL ESTATE | TOURISM | FINANCIAL SERVICES

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. 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
Some of the key companies registered with the Vema Seamount Territory

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Legal
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Travel/Transportation
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Manufacturing
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Education
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Stock Exchange
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Construction & Contracts
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Real Estate/Accommodation
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Logistics
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Banking/Financial Services
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Currency/Financial Services
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Information Technology
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Fisheries
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Recruitment & Contracts
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Retail/Marketplace
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Energy/Utility
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Media
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SPORTS

CONTRACTORS

Become a Government Contractor!
Procurement, Contracts & Tenders
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.

​CITY DEVELOPMENT PLANS​
View City Plans

THE TERRITORIAL WATERS​

Maritime Traffic
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 more than five of the largest merchant ships sailing through every day. 
Maritime Claims
As the Kingdom of Mount Vema builds the next PORT of call, the territory is also opening new markets, strengthening strategic alliances and partnerships worldwide. ​​

MILITARY | LAW ENFORCEMENT | RESCUE SERVICES​

The Mount Vema Police and Coast Guard have access to a live satellite service, tracking all types of maritime vessels to ensure maritime security and coordination of search and rescue in case of emergency.  If you wish to monitor your vessels/yachts sailing the territory, you can contact us.
Explorations of Vema Seamount - 1964
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".
Royal Geological Survey
Royal Society for Marine Science and Conservation