🇨🇴 Colombia
Booming nomad hub with low costs and one of the region's most accessible digital nomad visas
Visa Options
- Visa V (Digital Nomad) (Up to 2 years) — Foreign remote income ≥3x SMMLV (~$1,300–1,500/mo, ~COP 5.24M in 2026), proof for each of last 3 months
- Visa M (Pensionado/Rentista) (3 years → permanent) — Pension or passive income ≥3x SMMLV/mo
- Visa M (Investor) (3 years → permanent) — Real estate or business investment ≥ 650x SMMLV (~$300k+)
- Visa R (Resident) (Permanent) — 5 years continuous residence on qualifying visa
Tax Overview
- Income Tax: 0% – 39% progressive (tax residents, worldwide income)
- Tax residency trigger: 183+ days in Colombia within any 365-day period
- Bracket structure: Rates rise from 19% to 39% above ~31,000 UVT (~COP 1.6B/yr)
- Corporate Tax: 35%
- VAT (IVA): 19%
Cost of Living
- Comfortable living (single, typical): $1,000 – $1,600/mo
- 1BR Apartment (Medellín — Poblado): $500 – $900/mo
- 1BR Apartment (Bogotá — Chapinero): $450 – $800/mo
- Groceries: $200 – $320/mo
- Utilities: $60 – $110/mo
- Dining out: $6 – $15/meal
- Public transport (Metro/TransMilenio): $25 – $35/mo
- Coworking space: $100 – $180/mo
Relocation Checklist
- Verify income eligibility (3+ months of bank statements above the SMMLV threshold)
- Apply for Visa V (or relevant visa) online via the Colombian consulate or Cancillería portal
- Get travel/health insurance covering the full visa period
- Enter Colombia and register for your Cédula de Extranjería within 15 days
- Open a local bank account (Nequi/Bancolombia are nomad-friendly)
- Register with a local health plan (EPS) if staying long-term
- Track days in-country for tax residency (183-day rule)
- Renew or convert visa before expiry if extending stay