Colombia Investors Visa
The Colombia Investors visa was both a temporary and a permanent Colombian residency visa. In 2024 the requirement to obtain a temporary migrant investors in Colombia is now 455 Million Pesos (or aproximately $117,000 USD). The investment must be in a property owned 100% by the foreigner applying for the visa. The investment must be a direct foreign investment. Please see legalizing a foreign investment in Colombia for more information. Please keep in mind that at the beginning of January in 2024 the exchange rate was aproximately 3,900 pesos per dollar. You may also invest in a business to get a business owners visa. This requirement is much lower for the business owner visa, at a minimum of exactly 130 Million pesos or approx 33,000 USD. Please see the Colombian business investors visa, click here.
Important things to remember: You can apply inside Colombia first time for the Colombia investor Visa. The duration of this visa is now for 1-3 years. This visa does not have work privileges. The instant permanent residency visas were all terminated in October of 2022. The new visa law went into effect on October 22, 2022. However, after 5 years with the property investors visa you can conver the Migrant visa into a permanent residency visa. The residency visa is also referred to as an RE visa.
Foreigners only need a passport to purchase real estate by Colombian Law. In Colombia it is very important to have an attorney help with legalizing the investment in Colombia and doing the title investigation and registration so that you comply with the visa rules, as well as protecting your best interests.
If you’re considering the Colombia Investor Visa, you might also be interested in the Property Owner Visa. While the Investor Visa allows you to invest in businesses, the Property Owner Visa lets you enjoy the benefits of owning real estate in Colombia. Whether you’re building a business or buying your dream property, both visas offer a pathway to a prosperous future in Colombia. Let us guide you to the right choice for your investment journey.
For those learning about How to Get Colombia Investors Visa, here are some additional resources you might enjoy: Colombian Labor Contracts; Corporate Accounting in Colombia; How to Create a Colombian Corporation; Business Setup Law in Colombia; Pandemic Business Deals in Colombia.
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