CAPE VERDE
HR Outsourcing Solutions
Delegate Your HR Functions To Us in Cape Verde
About Cape Verde
Page Last Updated: 04/06/2026
Located in the Atlantic Ocean off the coast of West Africa, Cape Verde is an archipelago renowned for its stunning landscapes, vibrant culture, and welcoming people. With its pristine beaches, volcanic peaks, and colorful colonial towns, Cape Verde offers a unique blend of natural beauty and cultural richness. However, exploring business opportunities in this dynamic island nation can be challenging without the right support. At Africa HR Solutions, we specialise in helping companies navigate the complexities of expanding into Cape Verde.
Population: 0.58 M
Gross Domestic Product (GDP): $2.72 B
GDP Growth: 4.7%
Inflation: 2%
Foreign Direct Investment (% of GDP): 5.5%
Unemployment Rate: 12.44%
Capital: Praia
Currency: Cape Verdean escudo (CVE)
Languages: Portuguese, Cape Verdean Creole
Cape Verde Payroll at a Glance
Currency
Cape Verdean escudo (CVE)
Income Tax
16.5%-27.5%
Employer Taxes
15%
Employee Contribution
8%
Fiscal Year
1 January - 31 December
Date Format
dd/mm/yyyy
Interesting Facts About Cape Verde
- Cape Verde is an archipelago comprising ten volcanic islands.
- The official language is Portuguese, reflecting the nation’s colonial history, although Cape Verdean Creole is widely spoken.
- Cape Verde gained independence from Portugal on July 5, 1975.
- The economy of Cape Verde is primarily based on tourism, service industries, and remittances from emigrants.
- Cape Verde is known for its music styles such as morna, coladeira, and funaná, which reflect the country’s rich cultural heritage.
- Cachupa is the archipelago’s national dish. This slow-cooked, hearty stew made with beans, corn kernels, vegetables and fish or meat, is a type of Feijoada and is Portuguese in origin.
Public Holidays in Cape Verde
- New Year’s Day
- Heroes’ Day
- Carnival
- Ash Wednesday
- Labour Day
- Municipal Day
- Independence Day
- Assumption
- National Day
- All Saint’s Day
- Christmas Day

While the content presented on this webpage is accurate as of the time of publication, it is imperative to recognise that the content is provided solely for informational purposes and does not constitute legal and/or tax advice. To obtain the most current and precise guidance, it is essential to verify specific details related to employment or compliance with our experts or consult your own legal and/or tax advisor(s). Africa HR Solutions Ltd. explicitly does not offer legal or tax advice. The information provided is general in nature, not tailored to a specific company or workforce, and does not reflect the service delivery of Africa HR Solutions in any given jurisdiction. Africa HR Solutions makes no representations or warranties regarding the accuracy, completeness, or timeliness of this information and disclaims any liability arising out of or in connection with it, including any loss resulting from the use of or reliance on the information.
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