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Cabo Verde Terra (Cape Verde Land) was founded with the prime objective of simplifying acquisition and developing land in Cape Verde.

Cape Verde land acquisitions for a long time have been cloaked in mystery and usually happen via a series of middlemen & brokers. Cabo Verde Terra presents land opportunities in a clear and concise manner and offers a complete end to end solution. From land sourcing, land searches and title verification, topographical surveys, architectural design, planning approval, project management and end unit sales.

Cabo Verde Terra was founded by Steven Oldfield, whose operation in Cape Verde started in 2004 and includes:

- the web portal www.capeverdeportal.com, now widely recognised and respected throughout the islands.
- the real estate company 'CVP Real Estate', one of the most respected real estate companies in Cape Verde.
- ‘Cape Verde Life’ magazine (www.capeverdelifemagazine.com). The 'Cape Verde Life' quarterly publication is distributed on Sal, Boa Vista, Sao Vicente and Santiago aswell as internationally via the web.
- Cabo Verde Terra - Land Acquisition/Sourcing and consultancy services 

Our aim is to promote the Islands professionally and ensure our clients receive the best quality advise, support and professional services which ultimately deliver the expected investment returns.

We hope you enjoy the user experience of the site and look forward to helping you find your ideal land in Cape Verde,

Cabo Verde Terra.
About Us
Fiscal Incentives

Incentives to Investing in Cape Verde

Some larger developments on the Gvernment ZDTI land can benerfit from fiscal incentives from the Cape Verdean government. These are not granted arbitrarily and would need consultancy throughout the project to ensure that projects of significant size achieve this status.

Benefits can include:

Fiscal Incentives

* Entitlement to a full exemption from taxes applicable to all dividends and profits generated during the first five years of operation on condition that foreign capital is invested

* 10% Personal Income (IUR) after the sixth year of activity.

* Provision of tax-exemptions on amortizations and interests

Guarantees

* Legal protection of private property rights regarding foreign investment;

* Unconditional transferability in convertible currency of net profits and dividends;

* Privately managed foreign currency accounts;

* Freedom to hire foreign workers up to 10% of the permanent labor force.

Tourism Development – Specific Incentives

* Exemption from general customs duties over imports of materials used for exclusive construction or installation of tourism facilities;

* Exemption from real estate transfer and property taxes;

* 100% fiscal exemption for the first five-year period;

* For the ten years following the first five, the tax rate shall be half the normal rate (30%)

* Tax deduction on profits reinvested in similar activities ;

* Tax deduction for expenses incurred in training the local taskforce;
 
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