Cape Verde has established itself as one of the most attractive destinations for foreign investors and retirees seeking permanent residence in a tropical paradise with significant tax advantages. The so-called Cape Verdean Green Card, the Permanent Residence Card for Investors, offers a robust legal framework, long-term tax exemptions and access to one of the most competitive tax regimes in West Africa.
In this comprehensive guide S&D Consultancy explains how the scheme works, who is eligible to apply, what tax benefits are available and how to structure your investment efficiently.
Contents
O Cape Verdean Green Card is the common name given to the system of permanent residence through investment in Cape Verde, formalised through the Emigrant Investor Status (Law No. 73/IX/2020, of 2 March) and supplemented by the Tax Benefits Code (Law No. 26/VIII/2013).
This is a government programme that grants permanent residence permits to foreign nationals who make eligible investments in the archipelago, with benefits different tax rates for investors and pensioners.
The programme covers three main profiles:
Profits and dividends generated by the investment in Cape Verde remain completely exempt from Corporate Income Tax (IRPC) during the first 5 years. After this period, a reduced rate of 10%, compared with the overall rate of 20%.
Repayments and interest relating to investment-related financial transactions are also exempt from tax.
Investors who purchase an eligible property are entitled to exemption from the IUP for 10 years.
The 2026 State Budget introduced cuts of up to 30% in tax collection for investment projects deemed to be significant, which may amount to 50% in municipalities with a per capita GDP below the national average.
Foreign pensioners with permanent residence and income from abroad (pensions) are entitled to total exemption from tax on such income in Cape Verde.
Retirees granted permanent residence enjoy exemption from customs duties on the import of a passenger car for personal use, and may also be driven by a spouse, children or a contracted driver.
It is also planned that customs allowance with regard to the import of personal and household items, including furniture for furnishing a dwelling.
| Benefits | Details |
|---|---|
| Permanent residence | A card valid throughout the archipelago, granting rights similar to those of local residents |
| Access to public services | Health, education and other public services |
| Double taxation treaties | Agreements with Portugal, Spain, the US and other countries to avoid double taxation |
| Political stability and security | Cape Verde is regarded as one of the most stable countries in Africa |
| Quality of life | A tropical climate, idyllic beaches, an affordable cost of living |
The 2026 State Budget has identified strategic sectors for which additional incentives will be provided:
| Sector | Main incentive |
|---|---|
| Renewable energies | Exemption from anti-dumping duties, VAT and ICE on imports of photovoltaic panels |
| Sustainable tourism | Tourist Attraction Status with tax exemption |
| Digital economy / ICT | IRPC rate of 2.5% for tech start-ups |
| Construction and property | Customs exemption for materials for a primary residence |
| Agriculture and agribusiness | Incentives for production, exports and modernisation |
| Fisheries and the blue economy | Support for the development of the ocean economy |
A S&D Consultancy is the ideal strategic partner to help you organise your investment and residency in Cape Verde. We provide a comprehensive range of services, including:
Our in-depth knowledge of the Cape Verdean legal framework, combined with practical experience in assisting foreign investors, ensures that your process is handled with legal certainty, efficiency and complete transparency.
The minimum investment in property is 80,000 euros on islands with a per capita GDP below the national average, and 120,000 euros on the other islands.
No. Foreign pensioners with permanent residence and income from abroad are entitled to total tax exemption on that income.
Yes. With the service Company on the Day and via the Government’s Single Portal, it is possible to start the registration process remotely. S&D Consultoria can handle the entire process on your behalf.
Yes. Cape Verde has double taxation agreements with Portugal, Spain, the United States and other countries, ensuring legal certainty regarding the repatriation of profits.
The average processing time ranges from 30 to 60 days, depending on the complexity of the case and the completeness of the documentation submitted.
O Cape Verde Green Card It represents a unique opportunity for investors and retirees seeking permanent residence in a safe, stable country with a highly competitive tax regime. With exemptions from IRPC, IUP and tax on pension income, combined with an affordable cost of living and an exceptional quality of life, Cape Verde stands out as the destination of choice for those wishing to invest or enjoy their golden years in peace and tranquillity.
A S&D Consultancy is on hand to guide you through every step of the process, from the initial assessment right through to the realisation of your life plan or investment in Cape Verde.
Please get in touch with us and find out how we can help you obtain your Cape Verde Green Card.
English (UK) 
Português (AO90) 
Français