Africa · CVE

Cabo Verde

Reviewed 2026-06-21
Top income tax
27.5%
Self-employed SS
Yes
VAT
15%
Capital gains
1%
Exit tax
No
Nomad visa
Yes
59
/ 100
Tax efficiency47
Ease to enter69
Ease to exit81
Cost of living79
Internet2
English25
How is this scored?
Cabo Verde taxes resident individuals on worldwide income through a three-band progressive scale running from 16.5% to 27.5%, while non-residents are taxed only on local-source income. Personal capital gains on shares and property carry a very low 1% flat rate, there is no wealth, inheritance, or exit tax, and the corporate rate is 20%. A six-month Remote Working Program lets foreign freelancers live there without becoming local tax residents, but English proficiency is low and broadband is slow, so it suits cost-conscious solopreneurs rather than the connectivity-dependent.

Personal income tax

Income tax structureProgressive
Top income tax rate27.5%
Entry income tax rate16.5%
Top rate threshold$17,500
Taxation basisWorldwide
Local/state income taxNo

Social security

Self-employed social securityYes
Employee SS rate8.5%
Employer SS rate16%

Indirect & other taxes

VAT standard rate15%
Capital gains rate1%
Long-hold CGT exemptionNo
Wealth taxNo
Inheritance/gift taxNo
Property taxNo

Exit & residency

Exit taxNo
EU/EEA deferralNo
Days to trigger residency183 days

Corporate

Corporate income tax rate20%
WHT on dividends10%
CFC rulesYes

Incentives & special regimes

Special expat regimeNo

Immigration & setup

Digital nomad visaYes
DNV monthly income requirement$1,615
Entrepreneur visaNo
Ease of setup2 / 5

Lifestyle

Cost of living index47
Internet speed20 Mbps
English proficiencyLow
Civil liberties90

Sources

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Informational only. Nothing here is tax, legal, or financial advice. Tax rules change often and vary by personal circumstance. Verify every figure against an official source and a qualified adviser before acting. Figures are re-expressed from public sources and cited per country.