Mount Vema
Menu

Remittance to become profitable as migrant workers make travel arrangements

25/7/2018

0 Comments

 
The amount of money to be sent home by migrants due to arrive in Mount Vema for work will generate one of the largest financial inflows to many countries across the globe. The Royal Mount Vema Reserve Bank said it back in 2012, and the time has come, as migrant workers are already making travel arrangements to Mount Vema for this year.
 
Although as of today, most contracts signed or to be signed with service providers, will include a clause that requires contractors and sub-contractors to bring their own people, those who seek work in Mount Vema, are making their own travel arrangements with W-Southern.
 
As the economy of Mount Vema returns to growth, the number of foreign nations looking to the Vema Seamount Territory for business opportunity especially from remittance is increasing. Only yesterday, officials from more than five countries have expressed interest to provide labor to the Vema Seamount Authority if requested, to give their citizens the opportunity to travel to the Kingdom of Mount Vema for work.
 
Today the Royal Mount Vema Reserve Bank estimated that remittances would exceed 5 billion golles (about $9 billion US dollars), which could contribute to the economic growth and to the livelihoods of many people worldwide by 2020.
 
According to the Bank of Mount Vema remittance transfers will be good for Mount Vema as it will promote access to financial services for both the sender and recipient, thereby increasing financial and social inclusion. The migration will improve business profitability, while foreign countries will depend on the flows of remittances that will result from the migration of labor.
 
This dependence will also result in the integration of the residents in Mount Vema with communities throughout the world, who will not only be sending money back to their communities, but who will also be travelling back and forth extensively, which could benefit communications, logistics and transport companies.
0 Comments

Your comment will be posted after it is approved.


Leave a Reply.

    Picture
    Visit VSBCnews for the Latest News


MOUNT VEMA NEWS - WORLD NEWS - ANNOUNCEMENTS 
Picture
Picture
ADvertisement  
Picture
VSBCnews
Picture

Picture
MOUNT VEMA - KINGDOM OF MOUNT VEMA - THE VEMA SEAMOUNT TERRITORY

Picture

Geography of Mount Vema
Economy of Mount Vema
Monarchy of Mount Vema
Legitimacy of the Kingdom
Mount Vema, The Island
Vema Seamount 
Territorial Management/Records
Declaration of Sovereignty
Maritime Claims
The Vema Seamount Authority
The Reserve Bank of Mount Vema
Central Bank of Mount Vema
Currency of Mount Vema
Financial Compensation
The Constitution of Mount Vema
The Legal System of Mount Vema
Legislative Branch of the Realm
Statutory Laws of Mount Vema
National Anthem of Mount Vema
Official Bank Holidays
Government of Mount Vema
Royal House of Law
Royal House of Appeals
Royal Court of Justice
Royal Tribunal 
High Court / Civil Justice
House of Living Standards
House of Complaints
Law Society  of Mount Vema 
Elections - Electing Officials
Prime Minister of Mount Vema
Government Marketable Securities
Taxation / Revenue Services
ISN - Internal Security Number
Retirement and Pension
Right to a Basic Income
Social Housing
Minimum Wage
Fishery and Maritime Affairs
Coast Guard
Diplomatic Relations/Foreign Affairs
Diplomatic and Consular Services
Travel Advice
Nationality / Citizenship Information 
Citizenship Ceremony
Passport Information
Registrar of Companies
Stock Exchange
Banking and Bank Accounts
Business Licenses
Education Services
Healthcare Services
Family Planning
Marine Science and Conservation
Society for Geological Survey
Mount Vema Red Cross
Police
Postal Services Online
Universal Cross Awards
Annual Events
Transportation/Travel/Tourism
Recruitment and Job Vacancies
Architects Board
Manufacturing Services
Real Estate Market
Construction Project Management
Logistics/Industrial Transportation
Breakwaters Project/City Barriers
Gate Bridge Project
Port of Mount Vema Project ​​
Yacht Harbour / Marina Project
Floating Airport Project
Holiday Resort Project
The Floating City Project
Retail Services
Telecommunications Services

ADMINISTRATIVE DIVISIONS
Pashant
Southland
Bella Vista
Westland
Neverland
Maryland
Roseland
San Miguel
Northland
Eastland

  • COUNTRY NAME: Kingdom of Mount Vema 
  • INFORMAL: Mount Vema, Vema Seamount territory  
  • FORMATION: 2006 (See Declaration of Sovereignty)  
  • RELIGION: Christianity  
  • LOCATION: Southeast Atlantic Ocean 
  • CAPITAL: Neverland (Under Development)
  • PEOPLE: Veman (s) (See Citizenship)​ 
  • LANGUAGE: English - (official language) 
  • GOVERNMENT: Constitutional Monarchy
  • CURRENCY: VSG (Veman golle) = 100 shares
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
Registrars
  • Births and Deaths
  • Marriages and Divorces
  • Property Title Plans
  • ​Yachts and Ships
  • Company Formation ​

www.mount-vema.com | www.vema-seamount.com
Privacy and Terms of Use
Contact Mount Vema
The entirety of this site is protected by copyright © 2006–2020  | Mount Vema | Vema Seamount Authority
  • Home
  • Home