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Permanent Residence for Retired Foreign National

Cape VerdeLiving from your own income

Explore the five recorded questions, answers and sources for this pathway.

Official link

Is this aimed at retirees, pensioners, financially independent people, passive-income holders or another profile?

This permanent-residence pathway is for a foreign national who has retired and intends to settle in Cape Verde.

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  • Route description
    É uma autorização de residência concedida a um estrangeiro que se tenha reformado e pretenda fixar residência em Cabo Verde.

Which types of income/assets are accepted according to the official source?

Accepted means are regular income available in Cabo Verde. The AAI lists pensions or retirement income, income from movable or immovable property and intellectual property, income from an authorised economic activity, support from a resident with such income, or a signed termo de responsabilidade guaranteeing lawful means. Portaria 16/2015 (Art. 7(8)) also accepts investment income and requires a guarantee that pension and retirement income is available in Cabo Verde. The route checklist requires a retirement-pension declaration plus proof of means.

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What income, savings or financial-resources threshold applies and how does family affect it where officially specified?

There is no fixed cash figure: Portaria 16/2015 (Art. 3(2)) sets the sufficiency of means for residence visas and residence authorisations by reference to the guaranteed minimum monthly wage, weighted per household member — 100% per adult and 50% per minor or dependent child — and these amounts are updated automatically every year with the minimum wage (Art. 3(3)). At the residence-visa stage the means must be assured for at least six months (Art. 7(1)); a resident applying for family reunification must show means for the whole household for at least 12 months (Art. 7(7)). The Government's Resolução 4/2026 records the private-sector minimum wage currently in force as 17.000$00 CVE per month, so at that reference the benchmark works out to 17,000 CVE per month per adult and 8,500 CVE per month per dependent child (50% of the reference wage).

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Can the holder work locally, run a business or perform other economic activity? What is the family position?

A holder of a valid residence authorisation has the right to family reunification with the spouse, minor children (or children dependent on the couple or either spouse) and adopted minors who lived with, depend on or cohabit with the holder; Portaria 16/2015 (Art. 7(7)) requires means for the whole household for at least 12 months. Access to the labour market and business creation is conditional on lawful stay and a regularised documentary situation; no official source states a work right, permit requirement or prohibition for this permit, or a work right for family members.

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Limits of the record
  • Whether the retired holder or accompanying family members may take employment or run a business under this specific permit is not stated by the route page, the AAI residence page or the AAI labour-market page; only the general condition of lawful, regularised stay is published.

How long is the status granted, what is required for renewal, what physical-presence obligations matter, and what longer-term residence direction exists?

The permanent residence authorisation has no expiry date, but the residence document must be renewed every five years. It can be cancelled on expulsion, use of false statements or documents, serious criminal grounds or public order or security grounds, and, where the holder is absent without acceptable reasons, after twenty-four months of absence within a four-year period. Permanent residence is the highest residence tier published by the AAI, so no further residence progression is stated; naturalisation is a separate process not covered by the official sources.

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These are the answers currently recorded in the catalogue. A missing or partial answer is not an eligibility decision.

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