Cape Verde Mortgage
When buying a property investment in Pedra de Lume, Murdeira or Sal Rei, you may be interested in a Cape Verde mortgage. Financing your Cape Verde property through a Cape Verde mortgage is a very recent arrival in the Cape Verde real estate market and as yet, Cape Verde mortgages are in their infancy. Your Cape Verde lawyer can inform you on aspects of a Cape Verde mortgage as well as provide general Cape Verde mortgage information.
Experts predict that once the Cape Verde mortgage market takes off, there will be increased interest from foreign investors looking to invest in Cape Verde property. For current Cape Verde mortgage information, consult your Cape Verde solicitor.
Cape Verde Tax
When buying Cape Verde property and land for investment, it is essential to take independent legal advice as the framework for the property purchase process under Cape Verde law is unique. Foreigners making investment in Cape Verde property need a purchaser's tax card and there are certain Cape Verde taxes to take into account. As a general guide, you should allow around 5.5% of the purchase price for fees and taxes, including 3% transfer tax. Consult your Cape Verde legal advisor for full Cape Verde tax information.
Cape Verde properties are eligible for certain tax incentives, including tax holidays. However, the Cape Verde tax system is currently subject to change and you should take expert advice.
