About Cape Verde
5 Good Reasons to buy property in Cape Verde
- Only 6 hours direct flight from UK
- Emerging market with excellent investment opportunities
- Beautiful islands with an abundance of nature and golden sandy beaches
- A stable economy with local currency fixed to Euro
- An excellent climate, being the closest tropical island to Europe
Cape Verde is a group of 10 islands 385 miles off the coast of Senegal in West Africa.
The islands are on the same latitude as the Caribbean and are some five and a half hours flying time from the UK.
Cape Verde has a population of just under 500,000 consisting of Creole
( mulatto ) 71%, African 28%, and European 1%. About 80% of the inhabitants are Roman Catholic.
For Map of Cape Verde please click here >>
Visas
All visitors need a visa to enter Cape Verde. There are three types of Visas : Transit, Tourist and Business.
The costs for a Single Entry are € 38.02 and Multiple Entry costs are € 72.34. These costs are subject to change.
The Visas are val id for a period of 6 months starting from the date of issue for 90-day visits.
As the UK has no embassy, your travel agent will be able to advise you about obtaining your visa at your destination airport.
Reasons to Invest
Investors now have the opportunity to buy property in Cape Verde at a fraction of the price that is expected once the tourist industry is fully developed.
Capital appreciation in Cape Verde is currently running at around 20% per year and the huge inward investment in new projects currently underway practically guarantees the continuation of strong capital appreciation.
There are excellent incentives open to foreign investors regarding capital gains tax etc.
Language
The main languages spoken are Portuguese and a local " Creolo " which is a blend of Portuguese and West African. Many locals are fluent in Italian and most understand Spanish. English is becoming more understood and will continue to do so with the rise of the tourist industry. |
New Developments
Information
