Cruising into Praia!

The new Seaport of Cidade da Praia was inaugurated this afternoon in a ceremony presided by the minister of Infrastructure, Transportation and Telecommunications . The main purpose of these new premises is to be offer comfort, safety and hygiene to all the visitors arriving to the island by ship. Government sources guarantee that this year alone, approximately ten thousand passengers cooming in or out of Cape Verde will make use of the seaport.

Changing Market for Luxury Property in Portugal

Numbers show that the residential tourism market in Portugal is changing. Buyers from emerging markets are growing significantly and and the nunmber of foreing investors in the local luxury property real estate market may reach 70%.
Currently foreign investors are coming primarily from USA, France, Dubai and Spain. However there is an increasing interest from emerging economies such as Brazil, Angola and Eastern Europe, including Russia, who are seeing in Portugal their new second home, get-a-way destination.

Cape Verde Tax Cuts - Dynamic Economy

Having cut VAT from 15% to 6%, Cape Verde has established itself as a player in the highly competitive arena of Foreign Investment. Added to the country’s investment in infra-structure, an economy which has been fueled by the private sector and the government's strict fiscal diciplin and and you what you get is the seventh consecutive year of positive evaluation and high praise from the IMF. A sure sign that Cape Verde remains a strong destination for Direct Foreign Investment.

Europe's Closest Tropical Destination

Recently The Daily Telegraph published a list of the 20 most stupid complaints made by holiday makers to their travel agents. These are based on an actual study conducted by Thomas Cook and ABTA.

Among the most stupid complaints were; “The beach was too sandy” or “we had to cue outside with no air conditioning” – but for us, the one that took the prize was “It took us nine hours to fly home from Jamaica to England it only took the Americans three hours to get home”. Jamaica! Seriously? The smart tourists with time constraints, have been going to to Cape Verde - "Europe’s closest tropical destination" for years!