What is the Colombian Property Investor visa? 

What is the Colombian Property Investor visa?

The Colombia Property Investor visa (M-10) is designed for real estate investors who wish to reside in Colombia year-round. As of 2024, the minimum investment required is 455,000,000 Pesos (approximately $116,667 USD), calculated by multiplying 350 by the minimum salary. This visa allows for a 1 to 3-year stay and is also known as the Property Owners Visa (previously TP7).

Investors interested in purchasing real estate in Colombia can apply for a Colombia investor or investment visa. This visa is easy to obtain if you meet all the requirements. Even though Colombia Property Investors visa allows multiple entries into Colombia, you cannot stay out of Colombia with this visa for more than 180 days in a year. If you stay out of Colombia for more than 180 days in a year, then your visa loses its validity like any other migrant visa.

The Immediate R visa for investors was removed from immigration law in October 2022, but can still be obtained by having the M investor visa for 5 years. This visa allows for unlimited entries and exits into Colombia. However, if you stay out of the country for more than two consecutive years, you will lose your resident visa.

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Who is this visa designed for?

Investors interested in purchasing real estate in Colombia can apply for a Colombia investor or investment visa. This visa is easy to obtain if you meet all the requirements. The M-10 visa is valid for one to three years and allows multiple entries into Colombia. However, if you stay out of the country for more than six consecutive months, the visa loses its validity. The government visa application fee for an M-10 visa is $282.

On the other hand, the R visa, which requires a significant property investment, is valid for five years. This visa allows for unlimited entries and exits into Colombia. However, if you stay out of the country for more than two consecutive years, you will lose your resident visa. The government visa application fee for the resident (R) visa is $443.

It’s important to keep in mind the new visa resolution 5477 for Migrant visas in Colombia. To maintain your visa, you need to be in Colombia for 180 days or more. If you exceed 180 days outside of Colombia, your visa will become invalid, and Migracion Colombia officials may cancel it upon your return. If you are granted entry with just a stamp, you will most likely be allowed to enter as a tourist after your visa is canceled.

On the other hand, the Resident (R) visa has a validity of five years and requires a significant investment in business or property. You may enter or leave Colombia as many times as you like on this visa, but you must not stay out of the country for more than two consecutive years. If you do, then you will lose your Resident visa. The government fee for the visa application for Resident (R) visas is $443. Keep in mind the importance of visa renewals, and we recommend you to read our article on Colombia Visa Renewal Tips.

Related Topics of Interest for You:

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What Are Types Of Colombia Business Visas?

If you are interested in investing in Colombia and obtaining a business visa, there are two main categories to consider: migrant and resident visas. As an investor, there are several ways you can invest in Colombia and qualify for a visa.

A. Colombia Business Visa as a Visitor.

The first category is the Colombia Business Visitors Visa, which is intended for people who need to start up a company, conduct business meetings, or manage satellite companies in Colombia. This visa allows you to do banking transactions and stay in the country for a limited time.

B. Colombia Business Visa as a Migrant.

The second category is the Colombia Business Visa as a Migrant. To qualify for this visa, you need to invest in a corporation with a minimum salary of COP $130,000,000 Pesos ($33,333 USD), which can earn you a 1 to 3 years temporary residency Visa – M – Business Owners Visa (previously known as TP7).

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What Documents Are Required For Colombia Business Owner Visa?

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  • Certificate of opening a bank account in the name of the company.
  • Support for the entry into Colombia of the total amount of capital that appears as paid at the Chamber of Commerce.
  • Foreign exchange declaration form F4 is best to prove a foreign investment but other options may be valid.
  • Certificate of foreign investment issued by the Banco de la República.
  • Certificate of share composition made by an accountant.
  • Photocopy of cedula of the accountant.
  • Photocopy of the professional card of the accountant.
  • Current certificate of the disciplinary background of the accountant.
  • Bank statements of the last 6 months in the name of the company (only in case the company is not newly formed).

If you are seeking a Colombia investor or investment visa, the documents you need to provide will vary based on the type and amount of investment you plan to make. However, there are some general documents that are required for all types of investor visas. Here is a list of such documents that you must keep in mind:

Passport Photocopy: When submitting your passport for verification purposes, please include a copy of the first page which contains your personal information. The copy can be either in color or black and white.

Proof of Legal Entry: To confirm your legal entry, kindly provide a copy of the page from your passport that displays the last stamp of entry or departure from Colombia.

Photocopy of Previously Issued Visa: In case you had a Colombian visa before, such as a student or retirement visa, please make sure to provide a photocopy of it.

Passport photo: For your passport application, please make sure to provide a photo of your face with a white background. The photo should be sized at 3 cm width X 4 cm height and the maximum file size should be 300 kb in jpg format for online submission.

It is important to note that apart from the documents listed earlier, there are other documents that may be required depending on the type of investment visa you are applying for.

  • Please prepare a letter of request that includes the full name and address of the commercial company, as well as their Tax Identification Number (NIT). This information is required for the company in which the investment was made.
  • If you’re applying for a visa as a foreigner in a joint-stock company, you need to provide a certificate of share composition. This certificate should be subscribed by a public accountant and indicate the amount of capital or assets registered and paid for by you. The minimum amount required for the visa is not less than 100 times the Colombian minimum monthly salary.

Last income statement in the name of the company (applies only to companies with more than 1 year of incorporation).

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Bia is in charge or registering and issuing corporate certificates, and acts. Each city has its own local regioinal office. For example in Medellin the link to the chamber of commerce.

The Colombian tax entity is  the DIAN, who is in charge of corporate and personal taxes. The link to the Dian.

Frequent Questions for the Business Owner Visa:

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How do I create a company to meet requirements of the Business Owner Visa?

100 salarios min, Shares in investor name for this value, legalized invesment or proof of payment paid to colombian corporation from investor.
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What restrictions does the Business Owner Visa have?

You can only work for your company, You must be at the country at minimum 180 days you can study, you can go to school, all Migrant visas require you to be in Colombia 180 days or more to keep your visa
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Does the Business Owner Visa have work permissions?

Yes, you have work permissions if it is for you company or the company you make the visa.
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How long does it take to get the Business visa?

The time to get the visa is divided into two parts the process to prepare the documents and the  government application process in time

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How much time does this visa take to get approve?

Once the requirements are ready and the application is summited the government take 1 to 2 weeks
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Does the Business Owner visa accumulate time for a permanent residency visa?

Invest in a corporation at 100 * Min Salary = COP $130,000,000 Pesos ($33,333 USD) Qualifies for a 1 to 3 years temporary residency Visa – M – Business Owners Visa (Previously TP7)
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How long does it take to prepare requirements for the Business Owner visa?

Organazing documents it takes 1 to 2 month.

Other Related Services We Offer:

Colombia Accounting

Colombia Family Law

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