Cape Verde » Taxes

Stamp Duty	Capital Gains Tax	Income Tax	Property Tax	Gift Tax

Stamp Duty

The public deed of a property in Cape Verde is subjected to notary expenses and stamp duty at the rate of 0.2% of the real estate price.

Capital Gains Tax

With regard to property already constructed you will be liable to pay this tax in case that the selling price is more than 30% the purchase price.

Income tax

A non-resident individual (generally someone who spends less than 183 days per annum in Cape Verde) is taxable only on their income obtained in Cape Verde. The net rental 'profits' will be liable to tax in Cape Verde at 20%.

Property Tax

Property Tax at a rate of 3% of the gain if

• In the case of Land: the selling price is more than double the purchase price
• In the case of Buildings: the selling price is more than 30% above the purchase price

Gift Tax