Engage In Cape Verde

About Cape Verde

Capital City

Praia

Population

As of March 2024, the estimated population of Cape Verde is 600 thousand.

Currency

The currency in Cape Verde is the Cape Verdean Escudo (CVE). The currency symbol is‎ $ or Esc.

Exchange Rate Calculator

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Overview

Cape Verde, officially known as the Republic of Cabo Verde, is an archipelago located in the central Atlantic Ocean. With a population of around 561,901 people, Cape Verde is a small island nation with a rich history and cultural heritage. The islands were discovered by Portuguese explorers in the 15th century, during their search for new trade routes and African resources, particularly gold. As a result, Cape Verde became a colony of Portugal from 1455 until its independence in 1975. The islands played a significant role in the Atlantic slave trade, with the Portuguese establishing a slave-trading economy on the islands in the 17th to 19th centuries. This history of slavery and colonization has shaped the demographic and cultural makeup of Cape Verde, with a diverse population consisting of Creole (Mixed) and African ethnic groups. Today, Cape Verde is a unitary semi-presidential republic, with Portuguese as the official language. Its economy relies on sectors such as tourism, agriculture, and services. The country boasts stunning landscapes, vibrant music and dance traditions, and a warm and welcoming spirit that attracts visitors from around the world.

Employment Relationship

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Taxation of Compensation and Benefits

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Immigration

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