Practical Guide to Obtaining Your Tax Residency in Cape Verde

Practical Guide to Obtaining Your Tax Residency in Cape Verde

Welcome to the beautiful islands of Cape Verde! If you're a digital nomad, expat, or location-independent worker looking for a new place to call home, Cape Verde might just be the perfect destination for you. With its stunning landscapes, vibrant culture, and friendly locals, Cape Verde offers an inviting environment. Here’s a step-by-step guide to help you obtain tax residency in this paradise.

Step 1: Entry Visa and Initial Stay

Before applying for tax residency, ensure that you enter Cape Verde legally. Depending on your nationality, you may need to obtain a visa prior to arrival. Check with the Cape Verdean consulate or embassy in your home country to understand the visa requirements. Upon arrival, ensure that you comply with any entry regulations and maintain records of your entry dates for future reference.

Step 2: Proof of Accommodation

You will need to provide proof of accommodation in Cape Verde. This can be in the form of a rental agreement, property purchase documents, or any other official documentation that confirms you have a place to stay. Ensure that these documents are in your name and are legally recognized.

Step 3: Register with the Local Authorities

Once you have your accommodation sorted, register with the local municipal authorities (Câmara Municipal) in the area where you are residing. You will need to fill out registration forms and provide identification documents, proof of accommodation, and possibly other documents as requested. This registration will formalize your intention to reside in Cape Verde.

Step 4: Obtain a Fiscal Identification Number (NIF)

Apply for a Fiscal Identification Number (Número de Identificação Fiscal – NIF) at the local tax office (Repartição das Finanças). This number is essential for all tax-related matters. You will need to provide identification documents, proof of residence, and possibly other documents. The NIF is a crucial step towards establishing your tax residency.

Step 5: Demonstrate Financial Means

Cape Verde requires proof that you have sufficient financial means to support yourself during your stay. This can be demonstrated through bank statements, proof of income, or other financial documents that show you have a steady income or sufficient savings. Ensure that these documents are up-to-date and accurately reflect your financial situation.

Step 6: Submit a Residency Application

Submit your residency application to the Directorate for Foreigners and Borders (Direção de Estrangeiros e Fronteiras). Along with the application form, include all necessary documents such as your NIF, proof of accommodation, financial means, and identification documents. Make sure that your application is complete and all information is accurate to avoid delays.

Step 7: Await Approval and Comply with Follow-Up Requests

After submitting your application, there may be a waiting period during which the authorities review your documents. They may request additional information or documentation. Be responsive and comply with any follow-up requests promptly to facilitate the approval process. Once approved, you will receive confirmation of your tax residency status.

Legal References

  • Cape Verdean Immigration Law No. 66/VII/2010
  • Cape Verde Fiscal Code
  • Decree-Law No. 59/2019

Useful Links

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