The archipelago of Cape Verde, located in the Atlantic Ocean near the west coast of the African continent, at the same latitude of the Caribbean, is one of the World's most wanted destination, both in terms of tourist amenity and as an investment opportunity. The Country offers not only unique geographic and weather conditions, with its unspoilt white beaches and year round sunshine, perfect for tourism, but also an economy with a sustained growth and a stable politic situation essential to a safe and successful investment.
The archipelago is currently one of the most important growing worldwide touristic and real estate market, stimulated by the local private initiative and by multiple state incentives granted to foreign investors, which opened the trail to an historical growth of investment in Cape Verde.
GPA Network
With the purpose of responding to its Clients' needs, GPA Network, with its base in Lisbon, has developed an international network which in Cape Verde includes law firms and lawyers with offices in the Islands of Santiago (Praia), Sal (Espargos) and São Vicente (Mindelo).
GPA Network offers its clients high standard legal services in all relevant areas, ensuring a fast and efficient response to the demands of foreign investors in structuring and executing the investment from their Country of origin to the Country of investment, overcoming the cultural, language and legal barriers that often are associated with international transactions.
Real Estate
GPA Network ensures to developers, purchasers and investors a wide range of legal services in connection with the acquisition, development and sale of properties in Cape Verde, performing the necessary due diligences to ensure the safety of real estate transactions, namely the following services:
- Due Diligence on properties
- Assistance to promissory contracts of purchase and sale and property conveyance
- Registration of Horizontal Property
- Rental Agreements and rental guarantee
- Submission and request of planning permission and building license
Corporate
The efficient management of investment in Cape Verde normally depends on the registration of a company with head office in the Country. GPA Network ensures full legal assistance to the company's day-to-day activity and corporate modifications, namely:
- Registration of companies
- Mergers, acquisitions and share capital increases
- Support to shareholders and board of directors meetings and resolutions / secretarial services
- Brand registration
Contracts
In any business area it is fundamental to perform a precise analysis and preparation of the various agreements necessary to pursue the goals of each commercial activity. GPA Network provides legal support to the negotiation and execution of private and public contracts, namely:
- Construction contracts
- Agency contracts
- Labour contracts
- Financing and bank guarantees contracts
- Hotel operator contracts
Investment Support
The Government of Cape Verde has created numerous incentives to foreign investment. GPA Network offers its clients specialised counselling regarding the appropriate incentive to their investment as well as all the necessary assistance in the respective application before the competent public authorities, namely:
- Foreign Investor Status procedure
- Touristic Utility Status procedure
- Investment Conventions and Protocols
GPA NETWORK - Cape Verde Desk
José Limón Cavaco
Edifício Amoreiras Square
Rua Carlos Alberto da Mota Pinto, 17 – 3º B
1070-313 Lisboa
E: jose.cavaco@gpasa.pt
T: + 351 213 121 550