 Settlement (Vema Seamount Settled Land) Act, Mount Vema 2019 2019 No. 20 Order No.20 SI/MV2019/20 Made: 14th of January 2019, in accordance with the 2006 Declaration of Sovereignty Royal Mount Vema Seal of Approval: Granted 21st of January 2019 Comes into Operation: 30th of January 2019 The Settlement (Vema Seamount Settled Land) Act, Mount Vema 2019 is an Act relating to power to grant land for public and charitable purposes, powers of tenants for life, power for tenant for life to enter into contracts, powers of sale and exchange, regulations related to rents of land for building, and fishing, and matters relating to general settlement in the Kingdom of Mount Vema – Vema Seamount Authority. 
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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
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