In a unique and unprecedented move, the Government of Cape Verde has commissioned an initiative, Cabo Verde Iniviativ SA (CVI) to protect the interests of its many overseas property investors who have purchased in their country and to ensure that mistakes made in previous property investment hot spots elsewhere in the world, are not repeated.
The Government has taken this step to secure their long term strategy for economic growth and stability in their newly developing residential tourism sector.
All companies operating under the CVI umbrella abide by a strict code of conduct, thereby removing in its entirety the risks in dealing with unreliable suppliers, as has been the painful experience of many investors in other countries.
Propertyshowrooms.com has long been a leading provider of information and resources for purchasers in Cape Verde, with the safety in mind that the agreement is in accordance with the local government. This arrangement will allow current and future buyers of furniture on the Islands the ability to save 70% in taxes and duty on their furniture purchases.
Currently tax and import duties are in the region of 85% on furniture on the islands meaning that substantial savings are to be made by investors and holiday home owners alike.
CVI enjoy solid strategic partnerships with some of the giants within the European travel industry are finalising plans to launch a new tour operation with the sole objective being to make the Cape Verde Islands the tourist destination of choice, furthering investment value in the country.
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