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Cape Verde: Taxes and Costs

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Last Updated: Aug 07, 2006

Cape Verde's rental income tax is moderate

Income Tax

Individuals are liable to pay tax on rental income gained in Cape Verde at a rate of 20%.

Property Tax

Property tax is levied annually on the value of immovable property at 0.075%.

Capital Gains Tax

Capital gains tax is levied at a flat rate of 3%.

Capital gains on plots for construction are taxable if their sales price or market value increases more than 100% of its original acquisition price.

Capital gains on any other property are taxable if their sales price or market value increases more than 30% of its original acquisition price.

 

Cape Verde - more data and information

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