If you’re a foreigner wondering whether it’s safe, legal, or even possible to own property in Colombia — this page is for you. Let’s clear up the biggest myths and answer the most common questions.
🔹 Myth #1 — Foreigners Can’t Own Property in Colombia
- ❌ False. Foreigners have full ownership rights.
- ✅ No citizenship or residency required
- ✅ You can own in your name or via a legal entity
🔹 Myth #2 — You Need a Colombian Spouse or Partner
- ❌ Not true. Solo foreign ownership is 100% legal
- 💡 Many foreigners purchase independently or with international partners
🔹Myth #3 — Your Property Can Be Seized or Challenged
- ✅ Property ownership is protected by Colombian law
- 🛡️ Registering your title at the Oficina de Registro guarantees ownership
- ✅ Using Form 4 when bringing funds into Colombia strengthens protection
🔹 Common Questions (with Answers)
Can foreigners get a mortgage in Colombia?
- 🏦 It’s possible but rare. Most banks require local income and residency
- 💡 Most foreigners buy in cash or finance abroad
Do I need a visa to own property?
- 🛂 No — owning property does not require a visa
- But investing $90,000+ may make you eligible for a Migrant Investor Visa
Do I pay extra taxes as a foreign buyer?
- 💸 No foreigner-specific tax
- ✅ Property tax (predial) applies to all owners — typically <1% per year
Can I rent the property out as a foreigner?
- ✅ Yes. You can lease short- or long-term
- Note: Short-term rentals (Airbnb) require certain zoning and building rules
🔹 Best Practices for Foreign Buyers
- 📄 Always work with a bilingual real estate lawyer
- 📈 Use Form 4 to register foreign capital
- 🔍 Get a title check (estudio de títulos)
- 💰 Use escrow or certified funds when possible
- 🧾 Verify all documentation through a notary
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🧠 Still have questions?
Our team specializes in helping foreign buyers understand legal, tax, and ownership rules.
Book a 1:1 Consultation to avoid costly mistakes.