{"id":90022,"date":"2024-08-09T03:43:24","date_gmt":"2024-08-09T03:43:24","guid":{"rendered":"https:\/\/adamfayed.com\/?p=90022"},"modified":"2024-08-09T03:43:24","modified_gmt":"2024-08-09T03:43:24","slug":"nhr-program-in-cape-verde-explained","status":"publish","type":"post","link":"https:\/\/adamfayed.com\/es\/expats\/expat-guide\/nhr-program-in-cape-verde-explained\/","title":{"rendered":"NHR Program in Cape Verde Explained\u00a0"},"content":{"rendered":"<p>Perhaps you\u2019ve heard of the more well-known and well-adopted NHR program in Portugal. This post will focus on the NHR regime in Cape Verde or Cabo Verde in Africa.<\/p>\n\n\n\n<p>To be specific, our discussion points include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>NHR Meaning<\/li>\n\n\n\n<li>NHR Rules, Qualifications, and Application Process<\/li>\n\n\n\n<li>Non-Habitual Resident Tax Regime in Cape Verde<\/li>\n\n\n\n<li>NHR Portugal vs Cape Verde<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p>Si desea invertir como expatriado o particular con un elevado patrimonio neto, que es en lo que estoy especializado, puede enviarme un correo electr\u00f3nico (advice@adamfayed.com) o WhatsApp (+44-7393-450-837).<\/p>\n\n\n\n<p>Tambi\u00e9n si busca alternativas o una segunda opini\u00f3n.<\/p>\n\n\n\n<p>Algunos de los hechos pueden cambiar desde el momento de la redacci\u00f3n, y nada de lo aqu\u00ed escrito es un consejo formal.<\/p>\n\n\n\n<p>Si desea orientaci\u00f3n actualizada, p\u00f3ngase en contacto conmigo.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What is NHR?<\/h2>\n\n\n\n<p>The Non-Habitual Resident program in Cape Verde is a unique tax system intended to draw in foreigners, such as retirees, high-net-worth individuals, and <a class=\"wpil_keyword_link\" href=\"https:\/\/adamfayed.com\/es\/living-as-a-digital-nomad-in-canada-best-cities\/\" title=\"n\u00f3madas digitales\" data-wpil-keyword-link=\"linked\" data-wpil-monitor-id=\"1083\">n\u00f3madas digitales<\/a> who have just made the move to the nation.<\/p>\n\n\n\n<figure class=\"wp-block-image alignleft size-medium\"><img fetchpriority=\"high\" decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/adamfayed.com\/wp-content\/uploads\/2024\/08\/NHR-scheme-cape-verde-300x300.webp\" alt=\"NHR Program Cape Verde \" class=\"wp-image-90025\" srcset=\"https:\/\/adamfayed.com\/wp-content\/uploads\/2024\/08\/NHR-scheme-cape-verde-300x300.webp 300w, https:\/\/adamfayed.com\/wp-content\/uploads\/2024\/08\/NHR-scheme-cape-verde-512x512.webp 512w, https:\/\/adamfayed.com\/wp-content\/uploads\/2024\/08\/NHR-scheme-cape-verde-150x150.webp 150w, https:\/\/adamfayed.com\/wp-content\/uploads\/2024\/08\/NHR-scheme-cape-verde-768x768.webp 768w, https:\/\/adamfayed.com\/wp-content\/uploads\/2024\/08\/NHR-scheme-cape-verde-scaled.webp 825w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/figure>\n\n\n\n<p>This scheme is an enticing alternative for people wishing to relocate, as qualifying persons can benefit from tax exemptions or reductions on various categories of income like potential tax-free status on overseas income.<\/p>\n\n\n\n<p>Those who are interested must course their application via the proper government processes and provide the required paperwork to establish their eligibility.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Who can apply for NHR in Cape Verde?<\/h3>\n\n\n\n<p>Applicants usually have to meet certain residency requirements and provide proof of their recent relocation to Cape Verde in order to be eligible for NHR status.<\/p>\n\n\n\n<p>In particular, those interested must <a href=\"https:\/\/hernanisoares.cv\/(NHR)GreenCardEN.pdf\" target=\"_blank\" rel=\"noopener\">no<\/a> have lived in Cape Verde for the five years preceding their application for non habitual resident status.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">How to file for NHR in Cape Verde<\/h3>\n\n\n\n<p>You can register as a non-habitual resident at a tax office till March 31 of the year after you become a Cape Verde resident.<\/p>\n\n\n\n<p>Once you apply, the tax authorities will automatically verify whether you satisfied any requirements that would have qualified you as a resident for tax purposes for the five-year period. These requirements could include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>being registered as a resident<\/li>\n\n\n\n<li>filing tax returns as a resident<\/li>\n\n\n\n<li>getting income from employment<\/li>\n\n\n\n<li>being eligible for tax exemptions while residing in Cape Verde<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Non-Habitual Resident Tax Regime in Cape Verde<\/h3>\n\n\n\n<figure class=\"wp-block-image alignleft size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/adamfayed.com\/wp-content\/uploads\/2024\/08\/Non-Habitual-Resident-Tax-Regime-in-Cape-Verde-300x300.webp\" alt=\"Non-Habitual Resident Tax Regime in Cape Verde\" class=\"wp-image-90024\" srcset=\"https:\/\/adamfayed.com\/wp-content\/uploads\/2024\/08\/Non-Habitual-Resident-Tax-Regime-in-Cape-Verde-300x300.webp 300w, https:\/\/adamfayed.com\/wp-content\/uploads\/2024\/08\/Non-Habitual-Resident-Tax-Regime-in-Cape-Verde-512x512.webp 512w, https:\/\/adamfayed.com\/wp-content\/uploads\/2024\/08\/Non-Habitual-Resident-Tax-Regime-in-Cape-Verde-150x150.webp 150w, https:\/\/adamfayed.com\/wp-content\/uploads\/2024\/08\/Non-Habitual-Resident-Tax-Regime-in-Cape-Verde-768x768.webp 768w, https:\/\/adamfayed.com\/wp-content\/uploads\/2024\/08\/Non-Habitual-Resident-Tax-Regime-in-Cape-Verde-scaled.webp 825w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/figure>\n\n\n\n<p>For the first ten years, you can enjoy a flat 10% tax rate on income earned from within Cape Verde as a Non-Habitual Resident, as opposed to the regular 34% rate.<\/p>\n\n\n\n<p>Moreover, depending on double taxation arrangements between Cape Verde and other nations, you might also be subject to non habitual resident tax exemption.<\/p>\n\n\n\n<p>Rental income, capital gains, revenue from intellectual property, and income from high-value services are all part of this levy break.<\/p>\n\n\n\n<p>It&#8217;s crucial to remember that NHR designation is only good for 10 years in a row and cannot be extended.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">NHR Portugal vs Cape Verde<\/h3>\n\n\n\n<p>By providing advantageous tax conditions, the NHR&nbsp;programs of Portugal and Cape Verde aim to draw in high-net-worth individuals and expats. Qualifying persons may be eligible for tax breaks or reductions on specific categories of income sourced overseas under both programs.<\/p>\n\n\n\n<p>Applicants cannot have been tax residents of either country for the five years prior to applying for NHR status.<\/p>\n\n\n\n<p>While Portugal previously gave a flat 20% tax rate on qualified income from Portuguese sources for a comparable period, Cape Verde offers a flat 10% income tax rate for the first ten years of NHR status.<\/p>\n\n\n\n<p>Portugal has previously announced the termination of the scheme. Except for a few circumstances, the country was supposed to end its NHR program for new applicants from January 1, 2024.<\/p>\n\n\n\n<p>Plans to end the NHR tax regime, however, have been put on <a href=\"https:\/\/www.imidaily.com\/europe\/nhr-to-survive-at-least-another-year-as-portugal-prime-minister-resigns-over-corruption-scandal\/\" target=\"_blank\" rel=\"noopener\">hold<\/a> as a result of the resignation of former&nbsp;Portuguese Prime Minister Ant\u00f3nio Costa under a corruption probe. As such, it was&nbsp;anticipated that the NHR system will be around through at least year-end&nbsp;2024.<\/p>\n\n\n\n<p>Portugal&#8217;s new government <a href=\"https:\/\/www.sovereigngroup.com\/news\/news-and-views\/portugal-to-reintroduce-nhr-style-tax-breaks-for-skilled-foreigners\/\" target=\"_blank\" rel=\"noopener\">supuestamente<\/a> eyes the reintroduction of the tax breaks under the so-called NHR 2.0 framework for skilled foreign residents.<\/p>\n\n\n\n<p>For qualifying individuals, this effort will continue to offer a flat tax rate of 20% on salaries and professional income; affluent expat retirees and certain income categories, such as dividends and <a href=\"https:\/\/adamfayed.com\/es\/financial-planning\/personal-financial-planning\/pensions\/\">pensiones<\/a>, will not be eligible.<\/p>\n\n\n\n<p><strong>\u00bfLe duele la indecisi\u00f3n financiera? <\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img decoding=\"async\" width=\"512\" height=\"288\" src=\"https:\/\/adamfayed.com\/wp-content\/uploads\/2025\/03\/Adam-Fayed-Contact_CTA3-512x288.jpg\" alt=\"\" class=\"wp-image-117505\" style=\"width:683px;height:auto\" srcset=\"https:\/\/adamfayed.com\/wp-content\/uploads\/2025\/03\/Adam-Fayed-Contact_CTA3-512x288.jpg 512w, https:\/\/adamfayed.com\/wp-content\/uploads\/2025\/03\/Adam-Fayed-Contact_CTA3-300x169.jpg 300w, https:\/\/adamfayed.com\/wp-content\/uploads\/2025\/03\/Adam-Fayed-Contact_CTA3-768x432.jpg 768w, https:\/\/adamfayed.com\/wp-content\/uploads\/2025\/03\/Adam-Fayed-Contact_CTA3-scaled.jpg 825w\" sizes=\"(max-width: 512px) 100vw, 512px\" \/><\/figure>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/adamfayed.com\/es\/become-adams-client\/\">Convi\u00e9rtase en mi cliente<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/adamfayed.com\/es\/good-match-quiz\/\" target=\"_blank\" rel=\"noreferrer noopener\">Realice el cuestionario de elegibilidad de clientes<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/adamfayed.com\/es\/contact\/\" target=\"_blank\" rel=\"noreferrer noopener\">P\u00f3ngase en contacto con<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>Adam es un autor reconocido internacionalmente en temas financieros, con m\u00e1s de 830 millones de respuestas en Quora, un libro muy vendido en Amazon y colaborador de Forbes.<\/strong><\/p>","protected":false},"excerpt":{"rendered":"<p>Perhaps you\u2019ve heard of the more well-known and well-adopted NHR program in Portugal. This post will focus on the NHR regime in Cape Verde or Cabo Verde in Africa. To be specific, our discussion points include: If you are looking to invest as an expat or high-net-worth individual, which is what I specialize in, you [&hellip;]<\/p>","protected":false},"author":14,"featured_media":90023,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10166176115445471_100883565069113":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[11805],"tags":[],"class_list":["post-90022","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-expat-guide"],"_links":{"self":[{"href":"https:\/\/adamfayed.com\/es\/wp-json\/wp\/v2\/posts\/90022","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/adamfayed.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/adamfayed.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/adamfayed.com\/es\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/adamfayed.com\/es\/wp-json\/wp\/v2\/comments?post=90022"}],"version-history":[{"count":2,"href":"https:\/\/adamfayed.com\/es\/wp-json\/wp\/v2\/posts\/90022\/revisions"}],"predecessor-version":[{"id":90027,"href":"https:\/\/adamfayed.com\/es\/wp-json\/wp\/v2\/posts\/90022\/revisions\/90027"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/adamfayed.com\/es\/wp-json\/wp\/v2\/media\/90023"}],"wp:attachment":[{"href":"https:\/\/adamfayed.com\/es\/wp-json\/wp\/v2\/media?parent=90022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/adamfayed.com\/es\/wp-json\/wp\/v2\/categories?post=90022"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/adamfayed.com\/es\/wp-json\/wp\/v2\/tags?post=90022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}