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Residence by Investment is a legal pathway that allows foreign nationals to obtain residency status in Colombia, including cities such as Floridablanca, by making qualifying investments in the country. This permits investors and their families to live, work, and study in Colombia, opening the door to a vibrant lifestyle and numerous business opportunities. The process involves legal procedures, documentation, and compliance with national and local regulations, overseen mainly by Colombia's Ministry of Foreign Affairs and immigration authorities.
Pursuing a residency by investment in Floridablanca, Colombia, can be complex and involves various legal steps. Common reasons to seek a lawyer include:
Colombian law, including in Floridablanca, permits different types of investment for residency purposes, governed under Migrant Visa (M) and Resident Visa (R) categories. Below are key aspects:
Common qualifying investments include real estate purchases above a minimum amount, or direct investments in Colombian businesses meeting established thresholds.
The required amount can vary but is generally indexed to the minimum legal wage in Colombia. For a Migrant Investor Visa, the approximate value is 350 times the minimum wage. For a Resident Investor Visa, it is often 650 times the minimum wage.
Yes, dependents such as spouses and children can usually be granted residency under your main visa, subject to documentation and eligibility requirements.
Processing times can range from several weeks to a few months, depending on the complexity of your case and the completeness of your application and supporting documents.
Physical presence requirements apply. To keep your visa and progress to permanent residency, you may need to spend a minimum number of days in Colombia each year.
Key documents include your passport, proof of investment, criminal background checks, proof of legal income or assets, marriage or birth certificates for family, and completed application forms. Many documents must be apostilled and translated.
You must formally register the property purchase with the Colombian Central Bank and present notary and property registration documents showing your legal ownership.
Yes, residents may be taxed on their global income. It is important to seek legal and tax advice to understand obligations in Colombia and your home country.
After maintaining legal residence for a required period and meeting other criteria such as physical presence and language proficiency, you may become eligible to apply for citizenship.
You could lose your residency status if the qualifying investment criteria are no longer met. If you plan changes, consult a lawyer before adjusting your assets.
For more information or support, consider reaching out to the following:
If you are considering or ready to begin the process for residence by investment in Floridablanca, Colombia, start by organizing your personal and financial documents. Then, schedule a consultation with a qualified immigration and investment lawyer familiar with Colombian and local law. Your lawyer will help assess your eligibility, guide you through the application process, and ensure compliance with all legal requirements. Taking these steps will help you avoid common pitfalls and make your transition to Colombian residency as smooth and efficient as possible.
