Apply Online Colombia Investment Visa

What is the Colombia Investment Visa?

The Colombia investment visa might be granted to foreigners seeking to invest in Colombia either as a foreign direct investment or as a real estate investment. This visa is usually granted for 3 years and foreigners could reapply for another visa if they can prove the investment was maintained for the duration of the previous visa. In addition, this type of visa offers a path for residency after 5 years.

The required amount to be eligible for the Investment visa for 2024 depends on the type of investment. For foreign direct investment must be equivalent to 650 minimum wages and for property 350 minimum wages. For 2024 the Colombian monthly minimum wage is $1.300.000 COP.

For 2024 the Colombian monthly minimum wage is:
$1,300,000 COP or about USD $336

Foreigners only need a valid passport to buy stocks or properties, making the investment process very straightforward. However, the investment must be registered in the Colombian central bank to comply with the visa requirements.

Here are some important considerations:

• Minimum investment values: This visa is contingent on the investment values listed above. While you may qualify at the minimum threshold this year, your investment must meet the new minimum requirements at the time of renewal (1-3 years later).
• Foreign investor status: Only foreigners who are not tax residents are eligible as foreign investors. This means that after residing in the country for 183 days, an individual is no longer considered a foreign investor under tax law.

Is the Colombia Investment Visa better than other Investor visas in South America?

Determining whether the Colombia Investment Visa is better than other investment visas in South America depends on various factors including investment thresholds, benefits, and specific personal or business needs. Here's a comparative overview of some investment visas in South America:

• Investment Amount: Colombia's threshold is competitive, compared to Brazil, Argentina, and Chile.
• Permanent Residency: Brazil offers immediate permanent residency, while Colombia and Argentina provide a clear pathway to it after an interim period.
• Flexibility: Colombia and Chile offer flexibility in investment options, while Brazil and Argentina are more business focused.
• Economic Stability: Economic and political stability varies across these countries, with Colombia and Chile generally seen as more stable environments compared to Argentina.

Colombia offers a balanced option with a relatively low investment threshold and a clear path to residency, making it an attractive choice for many investors.

Colombia Investment Visa Summary

What are the requirements for applying for the Investment Visa?

The following are the specific requirements to apply for the Colombia Investment visa:

• Proof of investment: For foreign direct investment must be $225.000 USD approx. and for real estate investment must $120.000 USD approx.
• Proof of Income: Applicants must prove sufficient funds to stay in Colombia, providing last 3 bank statements.
• Health Insurance: Coverage in Colombia for the entire duration of the stay including accident, illness, maternity, disabilities, death and repatriation.