City of Mount Vema
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. The city project is divided into 10 districts and each district is divided into 7 neighbourhoods each, totalling 70 neighbourhoods within the City of Mount Vema, with each district able to accommodate about 50,000+ people.
Procurement, Contracts & Tenders
The Territory is earning the reputation amongst global investors as the ultimate place for property investment in the South Atlantic (see the real estate market), as it already saw a growth in the property market by approximately 17% in the first half of 2019, which estate agents are labelling as a Mount Vema ‘off-plan property boom’. The expected influx not only of construction in the island but also the service industry is reeling in quite a crowd, from investors to first-time buyers, who are looking to reap the benefits of new and exciting investment opportunities. Businesses in various industries, including the financial, creative and technology sectors are signing up fueling the growth. The financial and services sector, in particular, is causing the residential off-plan market to flourish and is making the territory a likely hotspot for young professionals. The City of Mount Vema is expected to overtake, its regional neighbors as the regional undisputed financial capital, fueling a jobs boom and a vigorous corporate rental market by 2025. 

There are more 6,000 units available for development, that can be developed into both floating and fixed structures standing on concrete piles without the need for drilling on the island which is already below sea level. The structures are designed to protect the marine life and to not to obstruct the sea currents. Because the Government is only selling a selected number of off-plan development units and off-plan properties, early investors are already enjoying the investment opportunities through buying and selling off-plan (Off-Plan Market) to make a profit almost on daily bases before construction.

​The District Development Projects
The Local Weather - Located just south of the Tropic of Capricorn the weather in Mount Vema fluctuates little through the year, but it is very different from other countries in the region. Mount Vema is wet, humid, and with winds of about 4 to 11 miles per hour average. The temperature is marine, 14 °C to 21 °C average, with humidity exceeding 80%. It is mostly overcast with clouds/fog/mist/haze and light rain. The lowest temperatures can reach 2 °C and the highest 25 °C. Although not often the sun shines and it snows about once a year but only light snow.
Foundation Infrastructure Act, Mount Vema 2018.pdf
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Law of Property (Vema Seamount) Act, Mount Vema 2019.pdf
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​ADMINISTRATIVE DIVISIONS AND PLANS
 
PASHANT  |  BELLA VISTA  |  NEVERLAND  |  ROSELAND | NORTHLAND | 
​ SOUTHLAND  | WESTLAND |  MARYLAND  | 
SAN MIGUEL |  EASTLAND
The Port  |  The Airport  |  The Holiday Resort  |  The Yacht Harbor  |  
The  Breakwaters  |  The Gate Bridge