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Real Estate

Deadline for renewal of R visa expires on October 20, 2024

On October 20, 2024, the deadline for the mandatory renewal (traspaso de la visa) of the Colombian R visa (visa de residente permanente) expires. According to the current Colombian visa re...

21 December 2022

Colombia 2022 tax reform - positive news for expatriate pensioners

Basically, there is little positive to report for taxpayers in connection with the 2022 tax reform (Ley 2277 de 2022). There have been significant rate increases and tightening in all areas of ta...

28 November 2022

Do digital nomads need a visa for Colombia?

The new Colombian visa regulations (Resolución 5477 de 2022 del Ministerio de Relaciones Exteriores de Colombia) provide significant facilitations for foreigners who wish to work online or via the ...

05 October 2022

Buying real estate in Colombia and paying the purchase price from abroad

The desired property in Colombia is found, the purchase with the seller sealed by handshake. So far so good. However, there is a seemingly trivial point that the buyer often ignores, but which can ...

19 September 2022

Regulations on Colombian parent visa to be less generous in future

In the wake of Resolution 5477, dated July 22, 2022, of the Colombian Ministry of Foreign Affairs (reform of Colombian Visa Regulations), there is a clear restriction with regard to the visa of for...

Resident visa for investors can no longer be applied for as of October 20, 2022

The Colombian Ministry of Foreign Affairs adopted Resolution 5477 on July 22, 2022, fundamentally reforming Colombia's immigration laws. The resolution will take effect on October 20, 2022, and rep...

20 February 2022

Colombian government plans restrictions on unión libre visa

The Colombian government plans to make it more difficult to obtain a visa through a registered partnership (unión marital de hecho, colloquially usually called "unión libre"). This is according to ...

08 February 2022

Purchase of a leased property in Colombia

Anyone looking for a condominium property in Colombia is occasionally confronted with the situation that the property of choice is afflicted with a so-called leasing habitacional. Real estate agent...

02 February 2022

Does Colombia impose taxes on foreign pensions?

Short answer: yes. In principle, all pensions / annuities are subject to income tax in Colombia, at least if the taxpayer / pension recipient has his tax residence in Colombia (residente fiscal). I...

26 January 2022

The income tax rate in Colombia

Frequently, immigrants ask at what rate income tax is due on a certain income in Colombia. There is no blanket answer to this question, as the answer depends on several variables and individual cir...

25 January 2022

Colombia plans to introduce visa for 'digital nomads'

Foreigners wishing to work in Colombia on a permanent basis must, as a rule, have a regular employment contract with a company based in Colombia. Under this condition, a so-called "visa de migrante...

23 January 2022

Undervalue transactions in real estate business in Colombia

Many potential real estate buyers in Colombia are confronted with demands from the sellers to state a fictitious price in the notarized purchase contract that is significantly lower than the price ...

20 January 2022

Investing in Colombia and wealth tax

Many foreign investors wonder if there is a wealth tax in Colombia, and sometimes make their decision to invest in Colombia (partly) dependent on the answer to this question. The wealth tax...

19 January 2022

Requirements for pensioner visa in Colombia to be tightened up

As part of the planned reform of Colombia's visa regulations, changes to the requirements for the pensioner visa (visa de migrante como pensionado) are imminent. Currently, the pensioner visa ...

17 January 2022

Will Colombia abolish the resident visa for investors?

Until now, it has been comparatively easy to obtain a permanent residence permit (visa de residente) in Colombia as a foreign investor. The prerequisite is to make a so-called foreign direct in...

Ten reasons to Invest in Real Estate in Colombia – Despite COVID-19

The crisis caused by the New Coronavirus has had devastating economic effects in Colombia, as in other parts of the world. Construction in Colombia has been one of the hardest hit sectors. The cons...