IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: No inception date

FDI: Entry and ownership rule

In 2012, the government of Cape Verde updated its Investment Code including various liberalisations with respect to foreigners.
On July 11, 2012, Cape Verde published the new Investment Code (Law 13/VIII/2012) in its Official Gazette. The legislative act provides non-discriminatory treatment of national and foreign investors. It also introduces the possibility for foreign investors to settle investment disputes with the Government of Cape Verde by means of an arbitration process, which increases the protection of foreign investors. Furthermore, the business operations of foreign investors are facilitated by the possibility to freely convert currencies, transfer incomes earned in Cape Verde abroad and the possibility to have multicurrency accounts.
 
 
 
 
 

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

Please report this page in case you detect an inaccuracy in its content.