Green Card – Real Estate Investment Residence (Cartão Verde)

The Green Card, or Real Estate Investment Residence, was introduced in 2018 to specifically attract foreign property investors to the archipelago. By offering a streamlined path to permanent residency, the program fills the gap for investors who want a secure, long-term foothold in Cabo Verde without the complexities of traditional work or business-based residency. It serves as a key tool for the government to boost the real estate market and encourage development in both established and emerging tourism zones, rewarding substantial property owners with significant residency benefits.

This program is for foreign nationals aged 18 and older who are willing to purchase residential property in Cabo Verde. The investment threshold is set at a minimum of €80,000, with higher requirements for more developed regions. It is ideal for retirees, second-home seekers, and investors looking for a stable base in a politically secure nation. The program is highly distinctive because it grants permanent residency status upon investment, often without a requirement for continuous physical presence. It offers a unique combination of property ownership, long-term residency, and potential tax benefits, making it an attractive option for global citizens.