Comparison with Dubai and other destinations

When considering investment opportunities in emerging markets, savvy investors are increasingly drawn to the unique value proposition offered by the West African archipelago of Cape Verde. In comparison to other renowned global destinations such as Dubai, South America, and Southern Europe, Cape Verde stands out as a premier investment haven for several compelling reasons.

1. Lower Costs and Taxes

Cape Verde boasts a decidedly more favorable tax environment compared to financial hubs like Dubai. Additionally, the cost of living and doing business in Cape Verde is notably lower than in many Middle Eastern, South American, and Southern European locations.

2. Less Bureaucracy and Faster Procedures

Investors in Cape Verde benefit from a more streamlined and efficient bureaucratic environment. The country’s ranking of 137th on the World Bank’s Ease of Doing Business index outperforms the bureaucratic complexities often encountered in South American and Southern European markets. Cape Verde’s pro-business policies and simplified procedures enable quicker establishment and smoother ongoing operations for foreign companies.

3. Pristine Nature and Authentic Culture

In contrast to the heavily urbanized landscapes of Dubai or the sometimes-touristy environments of South America and Southern Europe, Cape Verde offers investors a unique experience of pristine natural beauty and authentic cultural immersion. The archipelago’s volcanic landscapes, diverse ecosystems, and vibrant local traditions provide a distinctive setting for both business and leisure.

4. Strategic Location for International Trade and Transport

Cape Verde’s strategic positioning in the Atlantic Ocean, midway between North America, South America, and Europe, grants it a significant advantage over its global competitors. This prime location, coupled with the country’s well-developed port and airport infrastructure, positions Cape Verde as an ideal logistics and transportation hub, enabling efficient access to regional and global supply chains.

5. Subtropical Climate with Pleasant Temperatures Year-Round

Unlike the often harsh climates of Dubai, South America, and parts of Southern Europe, Cape Verde enjoys a temperate, subtropical climate with pleasant temperatures throughout the year. Average highs range from 24°C (75°F) to 29°C (84°F), creating an exceptionally agreeable living and working environment that is beneficial for businesses and their workforce.