Colombia

Living in Colombia

Your complete guide to retirement, real estate, and lifestyle in Colombia. Discover why more expats are calling this beautiful country home.

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.

 

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