FOREIGN INVESTOR IN COLOMBIA Lasted information 2023. INVESTMENT IN COLOMBIA- BUYING PROPERTY IN COLOMBIA

Esteban Rada

Colombian attorney

www.lawyerscolombia.com

email: info@lawyerscolombia.com

telephone 57-311-7693976

Our firm along with the associated business and trade firm and us provide full service for foreign investors in Colombia.

When doing business in Colombia is important to have:

Legal Status: Foreign investors must have legal status, either as a natural person or as a legal entity, in their home country. You can buy using your passport.

Investment Type: Foreign investors must engage in investments that are considered productive in nature, such as the acquisition of real estate, shares in Colombian companies, or the establishment of new businesses.

Investment Amount: There is visa qualification a minimum investment amount required, and the investment should be significant and contribute to the development of the Colombian economy, meaning that in each visa renew, immigration officer will exam if investment continues in Colombia and if it meets all legal and tax conditions.

Investment Protection: Foreign investors must abide by Colombian laws and regulations, and their investments are protected under the Colombian legal framework.

Foreign Exchange Regime: Foreign investors must comply with the exchange regime established by the Colombian government, which includes registering their investments with the Colombian Central Bank and complying with any currency exchange regulations.

Tax Obligations: Foreign investors must fulfill their tax obligations in Colombia, including registering with the Colombian tax authorities and paying any applicable taxes.

Visa Requirements: Depending on the length and purpose of the visit, foreign investors may need to obtain a specific visa to carry out their investment activities in Colombia.

It is important to note that the requirements and procedures for foreign investors may vary depending on the type of investment and the industry in which they operate. Consulting with legal and financial advisors familiar with Colombian investment regulations is recommended to ensure compliance with all applicable laws.

We are more than happy to provide full assistance to your business and protect your interest when doing business in Colombia.

Esteban Rada

Colombian attorney

www.lawyerscolombia.com

email: info@lawyerscolombia.com

telephone 57-311-7693976

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