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The people are nice and the life style is great and low priced. This country offers from its warm Caribbean clear waters to the cold snow clad peaks, with endless coffee plantations and historical cities filled with lanterns and romance in between. Colombia is just waiting to be discovered. Take advantage of the community and join Groups of your interest. You will be able to learn about several Colombia Destinations, the process of purchasing property in Colombia, Colombia mortgages, financing issues for Americans and Canadians, Title Insurance, VISA information, working in Colombia as a foreigner, setting up a business in Colombia, Health and Medical, etc. |
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Colombia Facts
Colombia Real Estate
Attractive affordable costs for a high quality of retirement life is available in Colombia. Lower cost of living does not mean you have to sacrifice the quality of life you have been accustomed to in the United States or Canada. In fact, you will probably be able to live in Colombia with even more luxuries than you are accustomed to, simply because the prices are so economical.
The property market offers significant bargains, comfortable lifestyle can be enjoyed in Colombia on just a fraction of what you'd spend in much other parts of the world. Having a devaluated money is more an advantage than a disadvantage. And it always has to be this way. Long term Country policies are focus on strengthening export and international trade so the Peso has to be devaluated in order to gain economic competitiveness.
Colombia Mortgages & Financing
Currently the mortgage loan rate for real estate in Colombia is between 15-18% annually. This type of loans are short term, usually 5 to 15 years, and are made primarily given to Colombian nationals. In most of the cases there is no Seller financing. How foreigners can get a mortgage in Colombia ? Well, there are good and bad news. First the bad one… Unfortunately direct financing for foreigners is not available in Colombia. However, and here comes the good news, there are certain conditions that allow foreigners to apply for financing with a local bank. Some banks evaluate the possibility of a mortgage loan for you as a foreigners if: 1- You are married with a Colombian national 2- You have been living in Colombia for more than six months 3- You plan to buy for living and not as second home 4- You already have a local bank account Courtesy of: www.buycolombiarealty.com
Colombia Medical / Colombia Health Tourism
Colombia Medical
An extensive modern private healthcare infrastructure is available around Colombia. You can buy a health insurance for half the cost than in the US. Hospitals and clinics count with up-to-date articulate medicine, trained doctors, technology, and equipment. Cost of medical procedures can be a 50% or 60% lower than the Us or Canada. Among many others health care institutions, we boast to have in Bogotá the Barraquer Clinic, an internationally recognized eye clinic where an innovative laser technology for surgical purposes was devised; in Bucaramanga the Fundacion Cardiovascular de Colombia, one of the most advance institutions in Latinamerica for heart disease treatment; Fundacion Oftalmologica FOSCAL, specialized in advanced optical surgery, also located in Bucaramanga. Famous argentine soccer player Diego Maradona chose Cartagena in 2005 to make his gastric-by-pass surgery that made him lost about 100 pounds. In 2007 he returned to Bogota to have a dental aesthetic treatment. And not only famous people has considered Colombia to have medical surgery, also common people from around the world comes here because of low cost and the quality of the results. Courtesy of: www.buycolombiarealty.com
12 reasons to Retire in Colombia
Why to Retire in Colombia? 1. Colombia Location. The most privileged location in America. At the North West corner of South America, with coast at the two seas Pacific and Atlantic, Andean mountains, and all types of geographical spots.
Colombia Heating Up
By Alternative Latin Investor
For over twenty years increasing numbers of investors from outside the region have been looking for opportunities in Latin American real estate markets, but only the convergence of various positive factors in the last few years look to have firmly established this exciting and bountiful investment sector. Underserved real estate markets with large populations and an increasingly wealthy middle class have been the carrots that have attracted the attention of many a real estate investor to Latin America. However, interest often remained just that as investors and developers were discouraged by volatile inflation, precarious economies and indebted governments. Tedious bureaucracy, regulatory barriers, corruption and the lack of reliable local partners were further reasons to enter the market at your own peril.
Colombia: a positive example in Latinamerica
Global crisis? A Couple of weeks ago I was talking with my sister in law, who lives in Canada and was spending some days here in Colombia with my brother, and she was telling me that she felt as if there were no crisis in Colombia, watching the positivism of people in the streets, contrary to the general atmosphere that is breathed in Canada and USA. The World Bank has described Colombia's reaction to the global economic crisis as "impressive".
Colombian city the second in latinamerican with free wireless internet
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