Investment Incentives

The Government of Cabo Verde welcomes investors from EU and other industrialized nations, especially for touristic and export oriented projects.

The investor enjoys the following advantages:

• Preferential access to EU markets through the Lomé treaty;
• Preferential access to the West African Markets of the ECOWAS zone;
• Preferential access to the U.S. and the European markets due to the most favored nation status;
• Multi-lingual population;
• Low wages;
• Political stability;
• Diversified landscape with a wide range of leisure opportunities;
• Temperate climate.

The investment incentives of Cabo Verde Government include:

• Exemption from corporate tax for the first years for external investors;
• Exemption and subsequent reduction of property taxes for investments in tourism projects; 
• Tax credit in the case of re-investments;
• Exemption from import duties for the import of investment goods;
• Exemption from import duties for the import of raw materials and other inputs during the investment phase;
• Possible recognition as a free zone enterprise;
• Unrestricted re-export of dividends, profits and capital.