ABOUT CAPE VERDE
Cape Verde is set as the new global property and holiday hotspot, and is a wonderful investment opportunity.
Breath-taking white sandy beaches, stunning scenery, a pristine and unspoilt environment. Fascinating local restaurants with year-round sunshine and temperatures at 22-30șC. Cape Verde has it all. In addition, Cape Verde is just five and a half hours by direct flight from the UK, and only one hour behind GMT. Cape Verde is becoming more and more popular as the Caribbean for Europe – without the jet leg.
Cape Verde has a very committed government system, being very supportive of foreign investment, and is assisting a rapidly developing tourist industry. The local currency - the Cape Verde Escudo (CVE) is pegged to the Euro + Euros are also broadly accepted in Cape Verde. With fast and convenient access, and all the attractions of a unique tropical paradise, Cape Verde offers unparallelled potential as an investment opportunity for growth, rental or resale. The Cape Verde Islands are also very attractive for holiday makers, property investors and businesses alike as it is a developing country and for the UK and the rest of Europe there won't be any ‘jet lag', as Cape Verde is GMT minus 1 hour. Capital growth is set to rise significantly due to the developing infrastructure and tourism, the prospect for rental income is extremely strong, as it has its perfect all year climate with virtually no rainfall and will allow for year long holiday rentals.
Cape Verde has a beautiful picturesque environment with white sandy beaches, clear turquoise warm water, breathtaking mountains, social and political stability and negligible crime. It is also a fantastic holiday destination - surf, windsurf, kite surf and sail, bird watch and dive, fish for marlin and tuna, golf on some of the superb new courses being built, or just unwind and chill out. Whatever your pleasure, you'll find it in Cape Verde. Bathed in a tropical but dry climate, its heady cultural flavour of Portuguese, Brazilian, African and Latino, dancing to the rhythms of multi-cultural layers, feasting on the unusual and delicious cuisine unique to the islands leaves no doubt that Cape Verde is poised to burst out onto our favourite list of places to visit around the world.
Political and culturally it has a functioning parliamentary political system, a system of free elections allows for the smooth transfer of power from one party to another and the absence of any ethnic or religious conflict or of any political violence. Cape Verde has a privileged geographical location – Midway between North America and Southern Africa; Halfway between South America and Central Europe with regular international flights connecting the country to the outside world.
It also has efficient telecommunications, direct dial to most of the countries in the world, with modern telecommunication network allowing for services, such as mobile phone, pager, videotext, and video conference. Establishment of teleport services to take advantage of the country's great potential in the regional and international markets as a provider of flexible and competitive teleport services.
Fiscal Incentives – Exemption from corporate and complementary taxes on profits for 10 years, with the maximum tax rate imposed thereafter at 15%; Tax holiday on dividends and profits paid to shareholders for 10 years from the date operation begins; Life exemption from indirect taxes. Customs Incentives – Duty-free imports of equipment and material used in production; Duty-free imports of raw materials and finished and semi-finished goods used exclusively in production; streamlined customs procedures, customs duties deducted in cases where imported materials are purchased locally.
We think you will agree that Cape Verde represents an excellent investment opportunity for your clients. The jewel in the crown of developments currently being built in Cape Verde is a development called Dunas Beach Resort which is not only a first class five star resort it has been granted SIPPable status by the UK government.
