Incentives for the Diaspora in Cape Verde: The Complete Guide for Emigrants Who Want to Invest in 2026

Financial Planning Strategies Consultancy.cv

More than a million Cape Verdeans live outside the archipelago, spread across Portugal, the United States, the Netherlands, France and far beyond. The remittances they send amount to between 12% to 15% of Cape Verde’s GDP, a figure three times higher than foreign direct investment. The government is aware of this and has made a point of rewarding those who wish to put down roots in their country of origin.

If you are a Cape Verdean living abroad, or a foreigner with links to the archipelago, there is now a robust set of tax and financial incentives designed specifically for you. In February 2026, the Ministry of Finance formally presented the package of incentives from the 2026 State Budget aimed at the diaspora, the most comprehensive to date.

In this guide, the S&D Consultancy It explains, in a clear and practical way, what you can take advantage of, how each incentive works and what steps you need to take to benefit from them.

⚡ Latest news — 2026 State Budget
On 27 February 2026, Deputy Prime Minister Olavo Correia presented the package of incentives
the 2026 State Budget, dedicated exclusively to the Cape Verdean diaspora, covering more than 12 sectors
of the economy. It is the most comprehensive overview ever for expatriates wishing to invest in Cape Verde.

1. The Immigrant Investor Programme: the gateway

The first step towards accessing most tax benefits is to obtain the Emigrant Investor Certificate, established by the Law No. 73/IX/2020, of 2 March, passed unanimously by the National Assembly.

Who is eligible to apply?

The regulations apply to:

  • Cape Verdean citizens with permanent residence abroad
  • Pensioners and retirees who were once emigrants and receive pensions from their host country
  • Investors with a minimum investment of 50,000 euros in Cape Verde

How do I obtain the certificate?

The application is submitted at the One-Stop Service Centre for Emigrants, and the processing time is 10 working days. You will need to:

  • Valid identification document (ID card or passport)
  • Proof of residence abroad
  • Documentation relating to the proposed or completed investment
  • Certificate of criminal record from the country of residence

2. Tax benefits: how much you can save

Once you have been recognised as an Immigrant Investor, you will have access to a range of significant tax exemptions and reductions.

Full exemption from IRPC on dividends and profits

Any profits and dividends generated by your investment in Cape Verde remain completely exempt from Corporate Income Tax (IRPC) during the first 5 years calculated from the date the investment is registered. After this period, a special reduced rate of 10%, compared with the standard rate of 20% applicable to other companies.

Exemption from capital repayments and interest

Repayments and interest relating to the financial transactions that make up your investment are also exempt from tax, thereby reducing the actual cost of financing the project.

Construction of the first house

If you’re planning to build or renovate your first home in Cape Verde, the procurement of finishing materials is exempt from customs duties. It also applies to furniture, household appliances and other goods imported to furnish the property.

Tax relief for relevant investment projects

The 2026 State Budget introduces cuts of up to 30% in tax collection for investment projects deemed to be significant, which may amount to 50% reduction under special circumstances — namely in municipalities where per capita GDP is below the national average.

Summary of tax benefits

BenefitsTerms and ConditionsDuration
IRPC exemption on dividendsAuthorised foreign investment5 years + 10% later
Exemption from capital repayments and interestFinancial transactions relating to the investmentInvestment period
Exemption from customs duties — housingFirst home, building materialsAs per the design
Tax reduction of up to 30–50%Significant investment projectsTo be determined on a project-by-project basis
Reduced IRPC rate of 5%Young, technology-based start-upsDuration of the status
Reduced IRPC rate of 2.5%Start-ups in the ICT sectorDuration of the status

3. Mortgages with exceptional terms

One of the most concrete new measures in the 2026 State Budget is the mortgage scheme for the diaspora, which includes:

  • Simplified entry requirements for emigrants with income from abroad

This measure addresses one of the biggest barriers faced by emigrants: the difficulty in obtaining a mortgage in Cape Verde when their main income is earned outside the country.

4. Support for start-ups and entrepreneurs in the diaspora

Cape Verde aims to attract talent and entrepreneurial capital from the diaspora. The 2026 State Budget provides for specific benefits for start-ups set up by emigrants:

Reduced rates for start-ups

Startup Jovem Programme

For younger entrepreneurs, the Government’s Startup Jovem Programme, managed by Pró-Empresa, offers access to funding, mentoring and incubation. Members of the diaspora with innovative projects can even apply from abroad via the Government’s Single Portal.

5. Sector-specific incentives: where to invest in Cape Verde

In addition to general tax benefits, there are specific incentives for strategic sectors. The 2026 State Budget covers:

SectorMain incentive
Renewable energiesExemption from anti-dumping duties, VAT and ICE on imports of photovoltaic panels and inverters
Sustainable tourismTourist Utility Status with exemption from import duties
Agriculture and agribusinessIncentives for agricultural production, exports and modernisation
Digital economy / ICTIRPC rate of 2.5% for start-ups; support for technology transfer
Construction and propertyCustoms exemption for materials for a first home; Green Card for investors
Recycling and the circular economyIncentives for recycling and alternatives to single-use plastic
Fisheries and the blue economySupport for the development of Cape Verde’s blue economy

6. Residency through investment – the Cape Verdean ‘Green Card’

Members of the diaspora who invest in an eligible property may obtain a Permanent Residence Card (known as the Cape Verdean Green Card), subject to the following minimum investment amounts:

The card offers exemption from the Single Property Tax (IUP) for 10 years and, in the case of pensioners with income from abroad, the total exemption from tax on such income.

7. Digital nomads: living and working in Cape Verde

The Digital Nomad visa is one of the government’s initiatives to attract professionals who work remotely. For the diaspora with income from abroad, Cape Verde offers:

  • A flat rate of 10% on income generated in Cape Verde (NHR scheme)
  • Simplified access to a 6-month residence visa, renewable
  • A high quality of life, an excellent climate and access to the ECOWAS and CPLP regions
The ecosystem supporting investment by the diaspora
Pro-Business — support for business start-ups and formalisation
Pró-Garantia — public guarantees to facilitate access to bank credit
Pro-Capital — venture capital and co-investment instruments
Sovereign Guarantee Fund for Private Investment
Single Government Portal — online application and implementation of 100% projects
Company of the Day — company registration in 24 hours for just 5,000 CVE (≈ €40)

8. Double taxation agreements: avoiding paying tax twice

One of the diaspora’s greatest fears is double taxation — having to pay tax both in their country of residence and in Cape Verde. To minimise this risk, Cape Verde has double taxation agreements signed with Portugal, the United States and other countries, ensuring legal certainty regarding the repatriation of profits and investment.

S&D Consultoria can help you understand how these agreements apply to your specific situation and structure your investment as efficiently as possible.

9. Conclusion: Cape Verde needs you – and is ready to welcome you

The diaspora is, and always has been, the silent driving force behind the Cape Verdean economy. The government recognises this and has been gradually establishing a legal and fiscal framework that makes investment not only more attractive, but also safer and more accessible.

The 2026 package is the most comprehensive to date: it covers housing, start-ups, renewable energy, tourism, agriculture, fisheries, the digital economy and much more. With support schemes such as Pró-Empresa, Pró-Garantia and the Sovereign Fund, there has never been a better time to turn your remittances into structured investment.

Not sure where to start? S&D Consultoria is based in Mindelo, São Vicente, and supports emigrants and investors throughout the entire process: from obtaining a tax identification number (NIF) and Emigrant Investor Status to setting up a company, tax planning and accounting support.

Ready to invest in Cape Verde? S&D Consultoria helps you make the most of all the available incentives — from the initial assessment through to ongoing support. Book a free consultation at consultancy.cv  | 28 William du Bois Street, Mindelo, São Vicente

Frequently Asked Questions (FAQ)

Who is eligible for the diaspora incentives in Cape Verde?

Any Cape Verdean expatriate with permanent residence abroad may apply for Emigrant Investor Status. Pensioners receiving an income from their host country and foreign investors with a minimum investment of 50,000 euros are also eligible for specific benefits.

Do I have to pay tax in Cape Verde and in my country of residence?

Cape Verde has double taxation agreements with several countries, including Portugal and the United States. These agreements prevent the same income from being taxed twice. S&D Consultoria can assess your specific situation and recommend the most efficient structure.

What is the minimum investment required to obtain a Cape Verdean Green Card?

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 others. This investment entitles the investor to permanent residence and exemption from the IUP for 10 years.

Can I set up a company in Cape Verde from abroad?

Yes. With the ‘Empresa no Dia’ service and the Government’s Single Portal, it is possible to start the company registration process remotely. S&D Consultoria can handle the entire process on your behalf, including obtaining your tax identification number (NIF), commercial registration and the declaration of commencement of business.

What is the tax rate for a technology start-up set up by members of the diaspora?

ICT sector start-ups set up by emigrants can benefit from an IRPC rate of just 2.5%, compared with the standard rate of 20%. Young start-ups in other technology sectors benefit from a rate of 5%.

SEO tags:

Cape Verde Diaspora Incentives 2025 · Cape Verde emigrant investor · Law 73/IX/2020 · tax benefits for emigrants · personal income tax exemption on dividends · housing loans for the diaspora · Cape Verde Green Card · Cape Verde digital nomad · Cape Verde youth start-up · S&D Consultoria

Share this article on social media :

Request contact

Contact Form Demo

BOOK A FREE MEETING WITH US:

+238 582 56 61
Let's talk about your business and together find the best solutions for you.
Take the first step towards boosting your business. Book a free consultation with our experts and find out how we can work together to achieve your business goals.

Want to know how we can help your business?

Send us a message and we'll get back to you.

Contact Form Demo

Get in touch with us

Visit us
  • William du Bois Street
    nº 28 2110 Mindelo, Cape Verde
Send us an email
Contact us
Xr:d:daf1ykc1hni:6,j:337068625858559364,t:24041117
S&D Consultancy, Lda

Contact

Newsletter

Subscribe to our newsletter.
Subscription Form
Follow us
© 2026 Morabeza Marketing Digital. All Rights Reserved.
en_GBEnglish (UK)