Here is the honest answer: as a foreign buyer, you absolutely should work with a reputable real estate attorney. The notary's job is to certify the transaction — not to protect your interests. Only your attorney does that.
Business Development
Medellín remains one of the most affordable major cities in Latin America for real estate, especially when measured against the purchasing power of the US dollar, Canadian dollar, euro, or British pound. Here is a realistic breakdown of what you can expect to pay and what you get at each price point.
As a foreign national, you have the same legal right to buy, own, sell, and rent property in Colombia as any Colombian citizen. There are no restrictions based on nationality, no minimum investment requirements, and no residency prerequisites for ownership.
Business development in Colombia offers exciting opportunities for growth in a rapidly evolving market. Whether you're establishing new partnerships, exploring digital strategies, or navigating local regulations, understanding Colombia's unique business landscape is essential for success. Here are ten quick tips to help you thrive in this dynamic environment. 1. Build Strong Local Relationships for...