Frequently Asked Questions (FAQs)
Why invest in real estate in Cape Verde?
Cape Verde, located in the Atlantic Ocean off the west coast of the continent, is the African country closest to the Americas and the Caribbean.
This prime location, combined with a stable government, a thriving tourism industry, and strong potential for property appreciation, makes Cape Verde an attractive investment destination. Investors benefit from a favorable tax environment, seamless international transactions, and opportunities for vacation rental income.
What are the minimum investment requirements?
Investment opportunities start at 75,000 USD, making it accessible for both seasoned investors and those looking to enter the international real estate market.
Can I obtain residency in Cape Verde through real estate investment?
Yes, investments of $130,000 USD or more qualify for Cape Verde’s Permanent Residency Program, offering investors and their families the ability to live in Cape Verde year-round.
How does the purchasing process work for foreign investors?
Cape Verde has an investor-friendly legal framework. Our banking partners ensure seamless international transactions, and our local legal team guides investors through the property acquisition process, ensuring compliance with all regulations.
Can I finance my property purchase, or is it cash-only?
While most foreign investors purchase in cash, financing options may be available through Cape Verdean banking institutions. We can connect you with local financial partners to explore loan options.
What kind of returns can I expect on my investment?
Cape Verde’s booming tourism industry provides strong potential for rental income from vacation rentals, as well as appreciation in the resale market. Investors can expect competitive ROI compared to other global beachfront destinations.
Are there any taxes or fees associated with purchasing real estate in Cape Verde?
Yes, there are standard real estate transaction costs, including property transfer taxes, registration fees, and legal costs. These are generally lower than in many Western countries, and our team will provide a full breakdown of expected costs.
Can I rent out my property when I’m not using it?
Yes! Many investors take advantage of Cape Verde’s high tourist demand by renting their properties as vacation rentals. We can connect you with local property management companies to handle guest bookings and maintenance.
Is property ownership in Cape Verde freehold or leasehold?
Foreigners can purchase freehold property in Cape Verde, meaning you own the land and property outright with no lease restrictions.
How do I get started with the investment process?
To learn more about available properties and secure your investment, complete the inquiry form on this page. Our team will provide you with detailed pricing, available units, and next steps.