Colombia
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 moving to Colombia?
- How do I find a place to live in Colombia?
- What is a typical expat home or apartment like in Colombia?
- What is the average cost of housing in Colombia?
- Should I buy or rent a home in Colombia?
- What should I pack when moving to Colombia?
- What cultural faux pas should I try to avoid making in Colombia?
- Why do people move to Colombia?
- What are healthcare services like in Colombia?
- What are medical services in Colombia like?
- What are typical rents 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 the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat 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.
