Why the Real Estate Purchase Agreement is Key When Buying Property in Colombia
If you are thinking about investing in real estate in Colombia, one document will define the success and safety of your transaction: the Promise to Purchase Agreement (Promesa de Compraventa). Many foreigners see it as just a “pre-contract.” In reality, it is...
Why Choose Colombia as an Investment Destination?
I was born and raised in Medellín, a city surrounded by mountains that reminds us every day of where we come from and where we are going. Those of us from here know it well: if you ask a paisa what their land means, they will proudly tell you that being paisa is to...
The Requirement of Criminal Background Checks in the Colombian Visa System: The Need for a Clear and Uniform Guideline
In collaboration with: DEC Consultores Resolution 5477 of 2022, issued by the Colombian Ministry of Foreign Affairs, regulates the visa system in Colombia, including both substantive and procedural provisions for application, evaluation, and issuance. Among the...
How to Open a Company in Colombia as a Foreigner?
Opening a company in Colombia as a foreigner is becoming increasingly common thanks to the country’s economic growth, its strategic location in Latin America, and its openness to international investment. At Jaramillo Law Firm, we assist entrepreneurs, investors, and...
Colombia and the United States: Consequences of the Diplomatic Crisis Over Deportation Flights
Since January 26, 2025, the diplomatic relationship between Colombia and the United States has faced a significant crisis, stemming from Colombia’s refusal to accept two deportation flights on U.S. military aircraft. This incident triggered a series of measures and...
The importance of Central Bank forms in Colombia
Introduction In a globalized world where the flow of capital and currencies is increasingly frequent, the proper regulation of these movements is crucial for a country's economic stability. In Colombia, a fundamental part of this regulation is carried out through the...
Updated Colombian visa regulations: compulsory transfer of Resident Visa.
Introduction: In this article, we will provide you with a comprehensive explanation of the implications and requirements for individuals who obtained their resident visa to stay in Colombia before the new rule came into force. Whether you are directly affected or...
Rules to bring goods to Colombia by international travelers
The Colombian government issued the customs regime in Decree 1165 of 2019. This rule was published in the Official Gazette No. 51.002 of July 2, 2019, consequently, under article 775, it enter into force on August 1 of the same year. The rules governing the transport...
“Navigating Real Estate Investment: Essential Precepts for Venturing into Colombia”
Real Estate Agent Coming to a different country is an exciting idea, investing can be as well, however it can get problematic if you don't know where to look. My first recommendation when investing in Colombia and specifically Medellin is to contact a bilingual...
“Embarking on Entrepreneurship: 10 Essential Considerations Before Launching a Business in Colombia”
Before creating your business in Colombia its important for you to know that the is a flexible type of company that was create in 2008 by the Law 1258 of 2008 called SAS Sociedad por Acciones Simplificada or Colombian Simplified Stock Company. This type of company can...