Are you looking for a booming real estate market with high potential for profitability? Colombia offers you a unique opportunity to diversify your portfolio and obtain a resident visa.
Why invest in Colombian real estate?
- Growing market: The Colombian economy is expanding, leading to a constant increase in demand for housing and commercial spaces.
- Attractive prices: Compared to other countries in the region, property prices in Colombia are still competitive, offering excellent investment opportunities.
- High profitability: Renting properties in cities like Bogotá, Medellín, and Cartagena can generate high returns.
- Resident visa: By making a real estate investment above the established value, you can apply for a resident visa, allowing you to live and work in Colombia.
Requirements to obtain the real estate investor visa
To obtain the investor visa, you must meet the following requirements:
- Minimum investment: Make a real estate investment equal to or greater than 350 monthly legal minimum wages (SMLMV).
- Property title: Certificate of Tradition and Freedom:
- The property must be exclusively owned by the applicant.
- The property value must be equal to or greater than 350 SMLMV (Monthly Legal Minimum Wages) at the time of the application.
- Foreign Investment Extracts:
- Obtain extracts from the Exchange Information System of the Bank of the Republic of Colombia.
- These extracts must demonstrate that the real estate investment was made in Colombia.
- Economic Solvency:
- Present bank statements from the last three months that demonstrate the economic capacity to sustain yourself in Colombia.
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