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World’s Top Investment Hotspots-Cape Verde

Posted by propertyzonedirect on May 20, 2009

Today Cape Verde is one of the world’s top investment hotspots, it is currently undergoing extensive tourism and infrastructure developments.
Property prices are currently very low and are predicted to appreciate rapidly as Cape Verde begins to establish itself as a top international holiday destination. Direct flights are available from the UK, along with various other major European airports.
The External Investment Law introduced in 1993, included a 5-year initial tax relief to foreign buyers in Cape Verde, with a subsequent 50% corporate tax reduction for the following 10 years. These incentives can be extended indefinitely, on the condition of adequate re-investment.
If investing in tourism, import duty exemptions are granted on the materials necessary for project construction and installation. Full transfers of all net revenues are guaranteed out of Cape Verde, and foreign currency bank accounts are widely available.

We have a commitment to setting the standard and a driving passion in everything we do, from the partners we work with to the sites we acquire and the developments we build.
Through our joint ventures with local entrepreneurs and experts we also constantly strive to build resorts and leisure facilities that are not only forward looking but also in keeping with the country in which
they live. While we are proud of all our work in Cape Verde, Fortim Mindelo will really be a masterpiece, the true jewel in our crown.

Please complete our form and one of our Investment Advisors will contact you to discuss your exact requirements:

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