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Colombia is the Latin Americas 4th largest economy and petroleum contributes to 49% of the exports and has largest shipbuilding industries in the world. The country has sound economic policies and free trade agreements actively seeking large scale foreign investments. There are several business opportunities within the different economic sectors in Colombia. Colombia is a country in the north of South America, situated between Venzuela, Brazil, Peru and Panama. Nearly 50 million people live in Colombia, with more than six million living in the capital city of Bogota. Although it has a history as one of South America’s most dangerous countries, Colombia has experienced great economic growth in the last years. The country’s economy is one of the freest and most open of the region. Colombia is relatively easy accessible from Europe. Colombia Colombia is the latin americas 4th largest economy and petroleum contributes to 49% of the exports and has largest shipbuilding industries in the world. The country has sound economic policies and free trade agreements actively seeking large scale foreign investments. There are several business opportunities within the different economic sectors in Colombia. Investment name Foreign direct investment Minimum investment US$ 100,000 Qualifying investments Minimum US$ 100,000 foreign direct business investment in the country Minimum US$ 200,000 acquisition of real estate Visa type Resident investor visa Processing time 2-3 weeks Permanent residence After 5 years of lawful living Citizenship After total 10 years of living with PR status, exceptions: spanish citizens after 2 years of living, or citizens of latin american or caribbean countries after 1 year of living.
You must first obtain permanent residency by an investment of approximately US$200,000 in Colombian real estate or as contributions to a Colombian company. After five years as a permanent resident
Visa requirements for Colombian citizens are administrative entry restrictions by the authorities of other states placed on citizens of Colombia.
As of 10 July 2018, Colombian citizens had visa-free or visa on arrival access to 127 countries and territories, ranking the Colombian passport equal 39th with that of Tuvalu in terms of travel freedom according to the Henley Passport Index.
Citizens of Colombia do not need a passport when travelling to Argentina, Bolivia, Brazil, Chile, Ecuador, Paraguay, Peru, and Uruguay. For these countries, they may use just their national identification cards
