Are foreigners allowed to own property in Colombia?
When we asked expats in Colombia if foreigners are allowed to own property, they answered...
"Yes, foreigners are allowed to own property in Colombia. The Colombian government has established a legal framework that allows foreign citizens to purchase and own real estate in the country. Foreigners can purchase property in their own name, or through a Colombian corporation. In order to purchase property, foreigners must obtain a visa and register with the Colombian government. Additionally, foreign citizens must open a bank account in Colombia and obtain a tax identification number," explained one expat living in Colombia.
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Other Questions:
- What do I need to know before retiring in Colombia?
- How do I meet people in Colombia?
- What is life like in Colombia?
- Is there a lot of crime in Colombia?
- Is there a lot of diversity? Are people in Colombia accepting of differences?
- What are the schools in Colombia like?
- Is the cost of living in Colombia high?
- What advice do you have for expats having a baby in Colombia?
- What are healthcare services like in Colombia?
- Is the cost of living in Colombia high?
- What type of recreational facilities are in Colombia?
- What is the weather like in Colombia?
- Are there good restaurants in Colombia?
- Where will I buy groceries and do other shopping in Colombia?
- What are the visa & residency requirements in Colombia?
- Are healthcare and health insurance expensive in Colombia?
- What do I need to know when buying property in Colombia?
- Are foreigners allowed to own property in Colombia?
- What appliances are typically included in a rental?
Are foreigners allowed to own property in Colombia?
If you live in Colombia, newcomers to Colombia would love to hear your answer to this question:
About the Author
Betsy Burlingame is one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad Exchange, Betsy worked at AT&T in International
and Mass Market Marketing. She graduated from Ohio Wesleyan University
with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
