Rank #70
Cape Verde
Western Africa • UTC-1 • Atlantic/Cape_VerdeMonthly Cost
$1,102
-50% vs USA
Internet
68 Mbps
Fixed Broadband Avg
Monthly Cost
$1,102
-50% vs USA
Internet
68 Mbps
Fixed Broadband Avg
Retirement Visa
Ideal for retirees looking to enjoy their golden years in Cape Verde. This visa requires proof of sufficient retirement income.
Min. Income
€1,200/month
Per Applicant
Processing
2–3 Months
Average Time
Validity
1 Year
Initial / Renewable
Citizenship
5 Years
Years to Apply
Eligibility & Required Docs
Eligibility Requirements
Proof of retirement income- Minimum income of €1,200/month
- Clean criminal record
- Health insurance coverage
Required Documents
- Valid passport
- Proof of retirement income
- Health insurance policy
- Criminal record certificate
Residency Rules
Taxation
Retirees are taxed on their worldwide income if they are considered tax residents in Cape Verde.
Physical Presence
Must spend at least 183 days per year in Cape Verde to maintain residency status.
Advantages
- Relaxed lifestyle in a tropical paradise
- Affordable cost of living
- Friendly and safe environment
Disadvantages
- Limited access to specialized healthcare
- Potential language barrier
- Infrastructure may not be as developed as in Western countries
Compare with
PortugalD7 Visa
SpainNon-Lucrative Visa
ThailandRetirement Visa