News
Cape Verde ripe for investment
Thursday 12 June 2008
Cape Verde's "excellent transport network, growing services industry and willingness to embrace new technology" gives it a competitive edge.
There is no doubt that the area's strong economic development is attracting overseas investment.
According to property experts Nubricks.com it is the archipelago's stable legal structure that differentiates it from other emerging nations.
Chintan Mahida, overseas property specialist at Nubricks.com, said: "In simple terms, the laws of Cape Verde do not differentiate between foreign investors and local businesses, offering a level of security and rights, something which is somewhat lacking in some developing nations."
Cape Verde has enjoyed a number of trade agreements with foreign communities, most recently the Economic and Trade Cooperation between China and Portuguese-speaking Countries.
Property investment is therefore becoming increasingly attractive in this republic which, according to the Organisation of Economic Corporation and Development, experienced a 6.6. per cent growth in its economy last year.
There is no doubt that the area's strong economic development is attracting overseas investment.
According to property experts Nubricks.com it is the archipelago's stable legal structure that differentiates it from other emerging nations.
Chintan Mahida, overseas property specialist at Nubricks.com, said: "In simple terms, the laws of Cape Verde do not differentiate between foreign investors and local businesses, offering a level of security and rights, something which is somewhat lacking in some developing nations."
Cape Verde has enjoyed a number of trade agreements with foreign communities, most recently the Economic and Trade Cooperation between China and Portuguese-speaking Countries.
Property investment is therefore becoming increasingly attractive in this republic which, according to the Organisation of Economic Corporation and Development, experienced a 6.6. per cent growth in its economy last year.
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