Why Choose Colombia?
Colombia’s allure for retiring in Colombia, living in Colombia, and Colombia real estate investment lies in its transformation into a safe, vibrant destination.
Cities like Medellín, Bogotá, and Cartagena offer urban sophistication and coastal charm, while the Colombia cost of living remains low.
Singles
$1,000–$1,500/month
Couples
$1,800–$2,200/month
Rent
$300–$600/month
Retiring in Colombia
Retiring in Colombia is accessible via:
- Pensionado Visa: $853/month (three times the minimum wage as of 2025)
- Migrant Visa: $2,840/month income for investors or remote workers
Healthcare is top-tier, with public and private options costing $50–$100/month for premium plans.
Retirees flock to Medellín’s “eternal spring” climate and the Coffee Triangle’s rural beauty.
Colombia Real Estate
Colombia real estate is booming with excellent opportunities:
- Medellín apartments at $100–$300/m²
- Cartagena’s historic properties at higher prices
- New developments like eco-condos in Pereira
- Luxury towers in Bogotá attracting investors
Foreigners face no ownership restrictions, and rental yields range 5–8%, bolstered by tourism growth.
Living in Colombia
Moving to Colombia
Starts with a tourist visa (90 days, extendable to 180), followed by a residence visa application. Documents include passport, income proof, and health insurance, processed in 1–2 months.
Residency & Citizenship
Permanent residency needs two years on a Pensionado Visa (five for others), with citizenship after five years. Requirements include financial stability and Spanish basics.
Lifestyle Highlights
Blend of urban energy with natural wonders—Andes treks, Caribbean beaches, and coffee farm tours. Vibrant expat hubs offer coworking spaces and nightlife.