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Investor Visa

I have recently purchased an apartment in Cartagena. This was over the 100,000 needed for an "Investor" visa. I currently have a Rentista visa and an opened bank account at CitiBank in Cartagena.
What advantages or disadvantages would come with the Investor Visa?
Someone said it costs 375.00, what would I gain?
And what about the taxes, would I pick up tax obligations to Colombia that I normally would not have with the Rentista visa?

By Saltador on Mar 19, 2008, 07:50 in Friendly Talkzone.

pedro (☼Travelguide writer) says on Mar 19, 2008, 08:51:

The investor visa is a permanent residency visa. It puts you on a path to getting citizenship, if you stay in Colombia long enough.

"this may seem a strange post but it is not...when in colombia men need to be aware that colombia women may try to be seductive and entice a travelling gringo to have sex with them..to be forewarned is to be forearmed..." -- pow wow

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Gator says on Mar 19, 2008, 09:11:

This visa can by requested by a foreigner that invest not be less than $100,000 (one hundred thousand dollars) and it must be registered in the Bank of the Republic. This type of visa has the following characteristics: Multiple entrances, will expired if absence from the Colombian territory for a period superior to two years, and the resident has the obligation to register with D.A.S, and obtain a “Cedula de Extranjeria�?. This visa has no expiration. After five years you can, if you wish, apply for Colombian citizenship- I never did this be cause I saw no real advantage except being able to vote.

You will have to file paper work wit the central bank and probably make a trip to MRE in Bogotá. If not your attorney, which you should have, can act as your representative at MRE.

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

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daan11 says on Oct 28, 2008, 11:09:

with Rentista and/or Investor visas can you work?

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