Diaspora and emigrants

Far from the islands, close to your bank.

The diaspora is a whole nation spread across the world. Here you'll find the institutions, processes and solutions to keep your financial life connected to Cabo Verde — with the BAI Nha Terra account at the centre.

BAI Nha Terra account BAIDIRECTO

A global nation

Diaspora remittances are a pillar of the economy.

There are more Cabo Verdeans abroad than at home, and remittances make up a significant share of GDP. Every transfer matters — and deserves the right exchange rate, clear costs and an account that works for you in Cabo Verde.

~13.5%of remittances in GDP
1 EUR = 110.265fixed CVE parity
+6 monthsabroad = emigrant status
11branches on the main islands

Useful institutions and portals

Where to manage your connection to Cabo Verde.

Instituto das Comunidades

The institution supporting Cabo Verdeans abroad and mobilising the diaspora for the country's development.

ic.gov.cv

Portal Consular

Online consular services: documents, registrations and support at Cabo Verde's representations worldwide.

portalconsular.mnec.gov.cv

Casa do Cidadão

The State's one-stop shop, with an online portal to handle documents and services remotely, without travelling.

portondinosilhas.gov.cv

Observatório das Migrações

Research body on Cabo Verdean migration, data and diaspora-related policies.

om-mne.gov.cv

Opening your Nha Terra account

From abroad, in a few steps.

  1. Gather your documents

    Passport, up-to-date proof of employment and residence certificate (or consular declaration) and addresses in Cabo Verde and your country of residence.

  2. Contact BAICV or the consulate

    Start onboarding through a branch, customer support or your nearest consular representation.

  3. Activate digital channels

    With BAIDIRECTO and mobile banking, manage the account, make payments and track remittances from anywhere in the world.

  4. Save and invest in your homeland

    Emigrant Savings, Emigrant Housing and home loans with dedicated conditions to build your future in the islands.

BAICV with you

Your bank wherever you are.

The Nha Terra account, emigrant savings and home loans, euro-pegged exchange, free direct debit and free digital channels. The warmth of the islands, one click away.

Discover the Nha Terra account See exchange rates

Context information for general guidance; confirm requirements with the competent authorities and BAICV branches.