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The term "Golden Visa" refers to a type of residence visa granted to foreign nationals who invest a significant amount of money in a country's economy. In Colombia, this is generally recognized as the Migrant (M) Visa or Resident (R) Visa for investors, which allows individuals to obtain legal residency through qualifying investments. Manizales, a vibrant city located in the Coffee Region, follows national guidelines for Golden Visa programs, inviting foreign investors to stimulate local economic growth and development. Through these visas, individuals can reside, work, and conduct business in Colombia with fewer restrictions than other visa types.
Seeking legal advice can help you navigate the complex requirements and ensure a smooth visa application process. Here are some common situations where hiring a lawyer is beneficial:
Colombia's Golden Visa program is governed by national Decree 1067 of 2015 and subsequent modifications, with no special local requirements in Manizales, but local authorities manage application processing and verification. The key visa types for investors include:
Applicants must demonstrate the origin of their funds, compliance with Colombian tax law, and registration of their investment with the Bank of the Republic (Banco de la República). Manizales-specific procedures typically relate to document submission, verification, and possible in-person interviews with local migration offices.
Common options include purchasing real estate above a government-set value, investing in a Colombian business, or making a direct deposit in a local bank for business purposes. The minimum required amount is periodically updated by the Colombian government.
No, the property must meet or exceed the minimum investment threshold. It must also be legally registered and free of disputes or liens.
Yes, maintaining residency is important, especially for visa renewals and future citizenship applications. Minimum stay requirements apply.
Processing times vary, typically ranging from a few weeks to several months, depending on the completeness of your documentation and the complexity of your investment.
Yes, dependents such as spouses and minor children can often be included, though additional documentation is necessary for each applicant.
While not a formal requirement, knowledge of Spanish is helpful for interviews, paperwork, and daily life in Manizales.
Yes, investments must comply with Colombian law. Certain industries, such as healthcare or defense, may have extra regulations or restrictions for foreign investors.
As a resident, you may become subject to Colombian income and property taxes. It is advisable to seek tax advice to ensure compliance.
Selling or losing the asset that formed the basis for the visa may jeopardize your residency status. You must maintain the qualifying investment for the required period.
After maintaining legal residency for the required period and meeting other conditions, you may be eligible to apply for Colombian citizenship.
When seeking legal advice for a Golden Visa in Manizales, consider reaching out to these organizations:
If you are considering applying for a Golden Visa in Manizales, Colombia, follow these steps to ensure a successful process:
Contacting a local lawyer with experience in immigration and investment law can maximize your chances of a positive outcome and help you navigate the process confidently.
