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Vila Jardins Do Oceano
Location: Cape Verde / Cidade Vehla Ref No: 100/1959 Type: Villa Price: € 232,000 Bedrooms: 2 - 3 Bathrooms: 2 |
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Property Description:
Cape Verde's doors are open to private foreign investment; legislation to entice foreign investment into the country was introduced in 1989. The 'Lei de Investimento Externo' ('External Investment Law') introduced in 1993 broadened and enhanced the existing legislation to attract private foreign investment by non-Cape Verdean nationals and includes a 5-year initial tax holiday and a subsequent tax reduction by 50% on corporate tax (currently 30%) for the following 10 years.
All net revenues are guaranteed transference out of Cape Verde in full and foreign currency bank accounts are available. Any dispute between the Government and foreign investors can be decided upon by a sole-arbitrator appointed by the 'Centre for the Settlement of Investment Disputes' in Washington DC. Regarding tourism investment, an exemption is granted on import duties for materials and equipment necessary for construction, installation, refurbishment or expansion of sizeable hotel projects that have been approved for the 'Estatuto de Utilidade Turistica' ('Tourism Utility Status'). These incentives can be extended indefinitely, so long as adequate reinvestment is made.
Private foreign investors are, generally, able to obtain residency status in Cape Verde if they employ more than around 13 nationals or invest more than approximately 50,000 Euros in starting up a new business.
- DETACHED TWO AND THREE BEDROOM VILLAS ALL WITH SEA VIEWS
- SMALL EXCLUSIVE DEVELOPMENT OF ONLY 42 VILLAS
- WONDERFUL LOCATION ON THE SOUTH COAST OF SANTIAGO
- DIRECT FLIGHTS FROM UK to SANTIAGO expected later this year
- LAND CERTIFICATE AND PLANNING APPROVAL
- THE MOST SECURE PURCHASE OF A PROPERTY IN CAPE VERDE
- MORTGAGE FACILITIES FOR THE STAGED PAYMENTS
- The highest quality construction and infrastructure provision in Cape Verde!!!!!
- With the greatest build integrity and lowest running costs and energy usage, ICF Materials
- Uniquely situated in Cape Verde's only Unesco World Heritage location
- With the greatest legal protection limiting future development in the immediate area
Cape Verde's doors are open to private foreign investment; legislation to entice foreign investment into the country was introduced in 1989. The 'Lei de Investimento Externo' ('External Investment Law') introduced in 1993 broadened and enhanced the existing legislation to attract private foreign investment by non-Cape Verdean nationals and includes a 5-year initial tax holiday and a subsequent tax reduction by 50% on corporate tax (currently 30%) for the following 10 years.
All net revenues are guaranteed transference out of Cape Verde in full and foreign currency bank accounts are available. Any dispute between the Government and foreign investors can be decided upon by a sole-arbitrator appointed by the 'Centre for the Settlement of Investment Disputes' in Washington DC. Regarding tourism investment, an exemption is granted on import duties for materials and equipment necessary for construction, installation, refurbishment or expansion of sizeable hotel projects that have been approved for the 'Estatuto de Utilidade Turistica' ('Tourism Utility Status'). These incentives can be extended indefinitely, so long as adequate reinvestment is made.
Private foreign investors are, generally, able to obtain residency status in Cape Verde if they employ more than around 13 nationals or invest more than approximately 50,000 Euros in starting up a new business.
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