May 29, 2020 – Mount Vema - His Mount Vema Majesty’s government is inviting companies in the hospitality sector to express interest to operate floating hotels in Mount Vema to accommodate workers and visitors, including project architects, engineers, divers, geologists and marine biologists.
These five-year licenses replacing the ones issued in 2018 which have been revoked in 2019, are open to everyone including ferry or cruise ship owners and operators who wish to switch to make their vessels available for hotel accommodation services.
The successful applicants who do not own or operate their own ships, will only need to bring the qualified manpower, as the equipment, supplies and the ships to be used as floating hotels can be provided by the Government and will be leased to licensed hotel operators for five years.
The license can be renewed every five years and so is the lease which can be subleased to another person. The owner will have the responsibility to maintain the hotel opened throughout the year and maintain the highest standards of service with full accountability for budgeting and financial management, planning, organizing and directing the hotel services, including reception, concierge, reservations, and food and beverage operations of their hotels.
Hotel owners will need to have a strategic overview and planning ahead to maximize profits, pay attention to details, setting the example for staff to deliver a standard of service and presentation that meets guests' needs and expectations when working in Mount Vema or visiting Mount Vema. The hotel owners must also promote and market the business abroad (outside Mount Vema) and if necessary organise events to attract new customers.
Hotels in Mount Vema, especially at this stage of development depending on the type of license granted could be generating over 1 million golles per year in revenues with a profit of over 1 million golles per year, and this is just for a license for a floating hotel with a minimum 500 rooms.
Where will the customers come from?
If you are worried about where your customers come from, just look into the amount of work activities that will take place in Mount Vema in all industry sectors. They will all need a place to stay, and some will be on long term contracts. Some will have their accommodation paid directly to the hotel by the employer and some will be on salaries that will enable them to pay for their hotel room themselves.
Request for license applications forms should be submitted as soon as possible, preferable before June 31st 2020. A License for a floating hotel with up to 500 rooms cost 25,000 golles, a license for up to 1000 rooms costs 50,000 golles, for up to 1,500 rooms costs 75,000 golles, and for up to 2000 rooms cost 100,000 golles. See golles exchange rates.
License payment are flexible, the license applicant can pay 10% of the license fee on application by June 31st 2020, 40% upon departure to Mount Vema by September 1st 2020, and 50% after arriving in Mount Vema by November 1st 2020. License owners will be able to start generating revenues from the business from day one upon arrival or as soon as the hotel is open for business.
The entire license application process takes between 4 weeks to 8 weeks. To express interest, submit your letter ‘expression of interest’ via: www.mount-vema.com – use the official contact page: https://www.mount-vema.com/contact-mount-vema.html.
Anyone travelling to Mount Vema must be tested for Coronavirus before departure and not upon arrival - Health Authority
May 25, 2020 - Mount Vema - The Mount Vema Health Authority has introduced a rule that requires anyone travelling to Mount Vema tested for Coronavirus before departure and not upon arrival. The rule applies to cargo, passenger vessels, passengers and crew who must be cleared of the virus before boarding to Mount Vema from anywhere in the world. Companies who do not have the means to test should contact His Mount Vema Majesty’s Government – The Ministry of Health for reliable testing equipment if required.
May 14, 2020 - Mount Vema – The Government has confirmed that the Mount Vema citizenship rule will be relaxed again this year, under a different code, not as 1119-0120, after so many people have asked if it could be reintroduced.
However, the new rule will have similar terms and conditions but especially for those with a Mount Vema bank account (those who bank with the RBMV Bank). Applicants will have to prove that they have an active bank account with a minimum balance of 1000 golles in their account.
The Mount Vema citizenship rule was first relaxed in 2019 under a policy by the Ministry of Justice to grant citizenship to a limited number of people (about 100 people) who did not meet the requirement to become citizens of Mount Vema, but who wished to apply to become a national of the territory in addition to their existing nationality.
In late November last year, the government started processing the applications through the Royal Embassy of the Kingdom of Mount Vema online but some people missed out especially those living in countries with limited access to credit cards so they were unable to make payments for the application online, and are asking if the rule can be reintroduced.
After so many petitions, the government said it would look into it and would make an announcement soon. So, the announcement has been made today and applications will be processed from a date to be announced sometime this year.
May 5, 2020 – Mount Vema - ARCKrove, the manufacturing company of Mount Vema announced plans to open more than 10 factories overseas. The announcement was made after the company confirmed that it is working on research and designs of robots for its factories to be opened throughout 2020 and 2021 to meet demand for unique products from floating City of Mount Vema project participants. Although the company has not yet revealed where it intends to locate its factories, it has already signed intention to work with the RBMV Bank to secure the capital needed to build the facilities.
April 28, 2020 – Mount Vema - W-Contractors, the accountancy and recruitment company of Mount Vema has announced that it will re-launch its Global campaign to recruit just over 50 people in the next few weeks to work in Mount Vema. The much-needed workforce will include Ship Masters, Chief Mates, Second Mates, Third Mates, Seafarers, Chief Engineers, Assistant Engineers, commercial divers, and crew members required to join a fleet of ships and yachts due to depart to Mount Vema. The workforce also includes cleaners, housekeepers, chefs, welders, carpenters, and construction Labor with concrete and cement mixing experience.