The Vema Seamount Territory - Official Site

Fact File

KINGDOM OF MOUNT VEMA
The Vema Seamount Territory

Geographic Location:
31 38' S 8° 20' E

History

The evolution of Vema Seamount (Mount Vema), a submerged ancient island which has eroded by millions of years of wave action, from its claim in 2006, more than 50 years after it was discovered in the late 1950s stands as an unprecedented phenomenon in the history human evolution.

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. Its sovereignty, declared in 2006 by Peter J. Goldishman does not represent "independence" in the strict sense, but rather a significant nationhood event which is the founding date of the nation.

The establishment of statehood by Peter J. Goldishman based on this ancient island once at the surface of the sea, and now below sea level, gave birth to a new Monarchy and what is now officially known as Kingdom of Mount Vema.

The Story of the Kingdom of Mount Vema, is inextricably linked with that of its founding father The Vema Seamount Authority -Peter Goldishman. The story of Peter is a journey that begun in >>>

The Mount Vema Territory

Area

Mean Base: The mean base diameter of Mount Vema is about 60 kilometers, and the plateau-like summit is approximately 14 kilometers in diameter, with the highest peak located on the southern flank. However, the total area includes its territorial waters of about 200 nautical miles. (see maritime claims)
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 wind and waves.

Floating City Project

Capital

At present, the Mount Vema Government runs the territory from its diplomatic premises overseas. However, the Capital of the Kingdom of Mount Vema will be at the District of Neverland–Seat of the Monarchy and Diplomatic Embassies, and the capital of the City of Mount Vema will be the District of Maryland–Seat of the Elected Government.

The Royal coat of arms of the Kingdom of Mount Vema

National Anthem:
'God Protect Mount Vema'

The Flag

The Flag of the State

Flag Description
Two equal horizontal bands of white (top) and gold, with a navy blue (top) and red square bordering the white center which represents peace.

Official Language

English

Official News Channel

VSBCnews

Population

All Mount Vema citizens currently live overseas. However, the total projected p opulation based on accommodation capacity after construction of the City of Mount Vema is 1 million (1,000,000) people. Note: Projections includes infants as well as adults.

Religion

100% Christianity (At present)

Demonym(s) / Gentilic

Mount Vemans / Vemans

Government

Constitutional M onarchy - With no political parties, any member of the society can form a team for cabinet, and stand - submit candidacy to participate in general elections to become Prime Minister.

Legislature

Bicameral Congress

House of Representatives (170 Seats)
House of Lords (145 Seats)

Monarch: His Mount Vema Majesty King Peter J Goldishman - The Vema Seamount Authority
Prime Minister: Note, The Sovereign is currently the acting Prime Minister

Formation

2006

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.

Time Zone

UTC+1

Date Format

mm/dd/yyyy

Mains Electricity

230 V–50 Hz (Source: City Development Plans)

Driving Side

Right-hand traffic (Source: City Development Plans)

Calling Code

Proposed Telephone Country Code: +294

ISO Code

Proposed Mount Vema Country Code: OV / MOV

Country code top-level domain (ccTLD)

Code: .com, and .ov (proposed)

Origin of the Name

Mount Vema which pronunciation is,

Play Video

(Mount Vema) is a volcanic rock, an intraplate volcano known as the 'Vema hotspot' which have moved farther west, about 200 kilometers, after it was created more than 11 million years ago. The island which eroded to be later known as a sea mount was discovered by a vessel called Vema, and became known as Vema Seamount, which is now with its adjacent waters a sovereign territory controlled by the Vema Seamount Authority (The Head of the Royal Family of Mount Vema).

Government & Politics

His Mount Vema Majesty King Peter Goldishman is the Head of State, and the titular leader of the territory who represents the state at official and ceremonial functions. However, The Head of Government, which post is currently vacant, is the Prime Minister of Mount Vema, the official who is in charge of The Capital House administration which, is the main administrative body with duties to manage the day-to-day domestic activities of His Mount Vema Majesty's Government.

Cabinet: The Cabinet is composed of a body of high-ranking advisers who run the ministerial departments. They are nominated by the Prime Minister, and appointed by the Monarch. However because the post of Prime Minister is currently vacant, the Head of State is currently also the Acting Prime Minister and delegates the work to the departments run by freelancers with specialist knowledge in their field of expertise.

Elections: The Monarchy is hereditary, followed by general elections to elect a Prime Minister who governs for a four years term. The Congress of Mount Vema >>>read more

Foreign Relations

Mount Vema's current foreign policy is to consistently implement a policy of independence, self-reliance, peace, co-operation, and development, as well as openness and diversification/multilateralization with international relations. Mount Vema declares itself a friend and partner of all countries in the international community, regardless of their political affiliation, by expressing its willingness to actively taking part in international and regional cooperative development projects.>>>overseas services

ECONOMY
The Economy of Mount Vema

Economy | Trade | Exports

Reserve Bank | Central Bank | Revenue Services | Stock Exchange | The Currency

Financial Year: September 1st to August 31st
Currency: Mount Vema golle (VSG)
Budget:
Revenues: 32.4 billion golles (2030 est.)
Expenditures: 16.4 billion golles (2030 est.)
Note: Expenditures include both operational and development

The Currency of Mount Vema

GDP

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 1.2 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. 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...>>>more