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Work in Cape Verde: employment conditions and taxes

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Cape Verde
Work in Cape Verde: employment conditions and taxes

This country is located on eighteen islands in the Atlantic Ocean. It is also called the Cape Verde Islands - and this is the Republic of Cape Verde. The official language here is Portuguese. Mulattoes of Portuguese-African origin, Europeans, and others live in the country. Foreigners are treated kindly here. In general, the citizens of Cape Verde are peaceful people, although the country has recently seen an increase in the level of street crime.


Visa

To enter Cape Verde, you must have a valid passport at least six months prior to entry. At the same time, it is recommended to keep a copy of your foreign passport and copies of important documents in electronic mailboxes with you. To be able to visit and work in this country, you can get a transit visa: single-entry or multiple-entry. A residence visa is also available for foreigners if they want to work for a local business.

In order to obtain such a visa for residence and work in Cape Verde, foreigners must have:

• Passport;

• a new passport photo;

• completed questionnaire;

• employment contract with a local company in Cape Verde;

• proof of residence;

• pay the visa fee.

By the way, the requirements may differ in embassies, so it is worth first clarifying the list of what is necessary for obtaining a visa at the nearest diplomatic institution. You may also be asked to declare your intention to leave Cape Verde at the end of your employment contract, or proof of your ability to pay all travel expenses. You can apply for a visa by mail or in person at the embassy. As soon as the foreigner confirms the issuance of this visa, he can go to Cape Verde to work. If your visa is about to expire, it can be renewed the day before.




Work

Since the country of Cape Verde itself is small, it is still possible to get a job in several large companies. The economy here shows significant development, but many citizens of this country are unemployed. So it will not be easy for foreigners to find a job here.

In general, the economy of this country is growing thanks to the service sector and connections with Europe. The main products for export are fur, textiles, and fish. However, three-quarters of the economy is fed by the service sector, in particular trade, tourism, and public services.

In recent years, Cape Verde has significantly increased its development, so the system of education and health care is improving here. In general, this country is a source of significant opportunities for both expatriates and international companies.


Conditions of employment

There are only a few large employers in Cape Verde, but there are many advantages. Most of the vacancies are offered in such sectors as tourism, health care, and education. At the same time, when applying for such a job, you must know the Portuguese language. It is also worth remembering that, with the exception of the tourism sector, a command of the Portuguese language is a necessary condition for increasing the chances of employment.

If you are a foreigner and want to get a job in Cape Verde, then according to the legislation of this country you have the right to work if you have a work contract that is signed by the General Directorate of Labor. You must also have a valid visa to stay in the country. But you can get a residence permit in Cape Verde only if you live here for at least three years. After all, a contract with an employee who is in Cape Verde illegally is considered invalid. Also, foreigners who know English can get a job in a large company or in the field of tourism. By the way, you can take out insurance on our website.


Taxation

On the territory of this country, its residents are charged corporate tax both on income received on the territory of Cape Verde and received outside the territory for resident companies. A non-resident company with a permanent establishment in Cape Verde is also required to pay taxes.

If you want to register a company in Cape Verde: then you should know that:

• resident companies and permanent representative offices of non-resident companies are taxed with corporate tax - a rate of 22%.

• small companies are taxed with a single special tax - a rate of 4% on the gross volume of sales received in each tax year. It is paid quarterly.