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Are there any advantages of a Colombian Investor Visa over a Colombian Spousal Visa?

It is clear that there are some definite advantages of a Spousal Visa over an Investor Visa such that: 1) you are not required to invest the 100k and 2) the spousal visa should be quicker to obtain because you do not have to wait until you have invested your money..

However, other than the fact that you do not need your spouse to renew an Investor Visa, are there any other advantages of an Investor Visa over a Spousal Visa.

I understand that one can obtain a Permanent Resident Visa after holding a Spousal Visa for three years. Does an Investor visa require a longer waiting period or is it the same?

By guacharaca on Jan 3, 2008, 15:29 in Visa & paperwork.

Wastelandlive says on Jan 3, 2008, 17:26:

Ya, well, that all depends on how you value the capitalization. My buddy's ex-wife cost him something like $1.2M.

Wasteland

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guacharaca says on Jan 4, 2008, 12:01:

"Investor Visa = residence.
Spousal Visa = three years to get residence."

Thanks for your input. So the Investor visa put you into a permanent resident visa right away? Any conditions on that resident visa?

Colombianos: Las armas os han dado independencia, las leyes os daran libertad. (Santander)

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mark1 says on Jan 5, 2008, 21:07:

resident visa , you must visit colombia at least once every 2 years to keep it valid. i'm just starting to try to learn about paying taxes and filing tax returns as a resident, if anyone knows about this?

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RussianFred says on Jan 6, 2008, 10:03:

Also look into the business visa, no investment or spouse required.

Annual Drug Deaths: Tobacco: 395,000, Alcohol: 125,000, 'Legal' Drugs: 38,000, Illegal Drug Overdoses: 5,200, Marijuana: 0. Considering government subsidies of tobacco, just what is our government protecting us from in the drug war?--Ralph Nader

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joetexan says on Jan 6, 2008, 10:52:

I am working toward getting an investor visa. I bought an apartment for over 100k, but I paid some of the money to a family member in Mexico and therefore I still short about 30k. I had to wire the money to Colombia so there is a paper trail thru Banco Colombia, then get the transaction number from the bank and register the money invested at Banco Colombia. You do not have to invest 100k all at once, it can be accummulative investments, but you need to register it as you go along because there is a time limit. Also, they need to keep track of the dollar amount on the day the money arrived in Colombia. If you are planning to invest, contact me and I'll give you more information. No need for you to learn the hard way by getting bounced around to different offices.

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joetexan says on Jan 6, 2008, 15:34:

Chorizo,

Please tell me how that is done when we meet. I haven't heard of the 2 year visa for 180 bucks. It is a probably for me to come every month to Colombia with just the tourist visa you get at the airport because with that I can't open a bank account. They money has to be wired and pass through Banco de Colombia, or you have to have receipts for every investment or expense that counts. I am very interested in how I can get a bank account.

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Gator says on Jan 7, 2008, 08:32:

what two-year visa is that and what of the Banco de la República ( central bank) reporting requirements?

Tax returns, in your situation you better find a good Contador Público (CPA), or bad things can happen. If your Spanich can hack it here is a site with a wealth of information Instituto Nacional de Contadores Públicos de Colombia, http://www.incp.org.co/

"Bene, cum Latine nescias, nolo manus meas in te maculare" .

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