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Investors pointed towards Cape Verde

Cape Verde has been flagged up as a possible option for overseas property investors.

According to NuBricks.com, the west African archipelago has just been accepted into the World Trade Organisation (WTO).

The website has said this shows that the government has acted swiftly to make sure the country is eligible for membership.

Specifically, it stated that authorities in Cape Verde have been able to bring its trade and economic policies up to the required standard.

The online portal believes that with these improvements in place, the country could be a good option for overseas property buyers to consider.

Chintan Mahida, editor of NuBricks.com, observed: "WTO membership bodes well not only for the country but for investors in Cape Verde's property market."

This comes after Rhiannon Davies of Shelter Offshore said the government in Cape Verde is doing "all it can" to facilitate investment and encourage foreign real estate ownership.

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