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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