Buying land and building apartments

Hi Arayahdoes,

Yes, you are required to register a local company in order to obtain all the licenses you will need to become a builder/developer in CV. Your foreign company can own the local company...but according to the laws and the financial regulations, a local company MUST be used for everything.

Only tip I can give you is that you will not be able to avoid using locally licensed subcontractors, architects, engineers, etc, because that is also required by the regulations. Thus, you will want to get connected to the reliable, trustworthy, local professionals who work in the construction industry. Contact me in private and I will provide you with some excellent contacts.

There are a lot of people out there who are pretenders. They will try to dupe you into thinking they know everything when in fact they know nothing. They are simply looking for a pay-day. Avoid these people (obviously) - LOL. But they can be VERY convincing and there is literally no way for you to tell. In other words, don't do business with anyone you randomly meet. Always check with me first and I will confirm if that person is known as an above-board professional or if they are just a scammer. It's a very tiny country and everyone knows everyone.

As a foreigner, you will have a large financial target on your back. So you will be approached by people who appear genuine. Don't fall into that trap.

Angelo

@arayahdoes

Good morning

I am very interested in your message as I am on a similar journey.

It would be great to be updated with your journey along the way because, like yourself, I too am doing lots of research but quite rightly, it's very prudent to have local knwledge .

@CVAngelo

I might need to take you up on that offer too, when the time comes.

Great advice

    @CVAngelo
I might need to take you up on that offer too, when the time comes.
Great advice
   

    -@webberleigh

No problem, Leigh. Send me a private message anytime and I will provide you with my personal contact into.

Cheers,

Angelo

@CVAngelo This is great, thanks so much. I'll get back in contact closer to the time!

@CVAngelo

Many thanks

@webberleigh

Indeed. I have joined some of the Facebook forums for Cape Verde as part of my research.

Yes it would be good to compare our research

You can message me.

Many thanks

Also once my project has been completed, I will share on this forum. 

@CVAngelo

Dear Angelo

I just read your post and wanted to ask if you would be willing to provide me the contact of construction companies and architects.

Thank you in advance for taking the time to read my message.

Best, Sabrina

@arayahdoes

Dear Angelo

I jusr read your post and kindly wanted to ask you if you would be willing to share the contacts of contruction companies and architects with me?

Thank you in advance for taking the time to read my message.

Best, Sabrina

    @CVAngelo
Dear Angelo

I just read your post and wanted to ask if you would be willing to provide me the contact of construction companies and architects.

Thank you in advance for taking the time to read my message.

Best, Sabrina
   

    -@sabrina8520

Hi Sabrina,

Please send me a private message.

Regards,

Angelo

I have a plot of land on Sao Vicente, which I am thinking of either building a 4 bed villa on or selling the land. As far as I am aware, as of last year, no company is required to build your own apartment or villa but if you are developing multiple homes for financial gain then you'll need a company.

I'd build a place and live there but I'm a Spanish speaker, not Portuguese and Sao Vicente island is a difficult place to fly in an out of (expensive) for someone that works around the world so I'm not sure it'll suit me.