Starting a business in Colombia

Ctg Bound says on Oct 10, 2006, 12:25:

Luke You don't need a work visa to start a businees, but a business or investment visa.

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Peter (Moderator) (Trustee board) (Dev team) (☼Travelguide writer) says on Oct 10, 2006, 13:43:

Luke says on Oct 10, 2006, 22:59:

Colombian taxation Any idea what the Colombian tax laws are for earning income in the country and then transfering a portion of it back to the U.S.?

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Tom says on Oct 10, 2006, 23:35:

Transfering back you must have a good business idea if you want to make so much $$$ here to live from and transfer a portion back to the US,
all depent how much you earn and how much you want to sent back

hasta la vista

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surf17683 says on Oct 11, 2006, 10:34:

real estate business in bucaramanga This is my first post. I've been to colombia many times, working for the government and now i'm considering retiring from government work and start my own business, in real estate, in colombia. i have a girlfriend who lives in bucaramanga and been there several times myself. i have been told that bringing gringo dollars down out of retirement funds, say somewhere between 30,000 - 40,000 dolars and using that money to buy and sell apartments with cash - would be an great way to make a living and a good one, too. With cash in hand, and my future spouse guidance, it seems possible to do fairly well in colombia. Has anyone else considered doing this or know of anyone in this business. i've also talked to real estate poeple in bogota and at the embassy who are making money flipping properties down there. i figured bucaramanga would be a good place to starta as there is less american competition and its also cheaper to buy apartment, two-three bedroom apartments can go for around 20,000 cash, and then re-sell them for several thousand dollars more. Any thoughts?????? thanks
surf

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Luke says on Oct 11, 2006, 10:35:

Tom My wife is colombian, and we would like to set up a business we have been planning. It's not a get rich type of thing but I would like to be able to transfer some of the income back to the States. I would also have to pay our American investors.

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Peter (Moderator) (Trustee board) (Dev team) (☼Travelguide writer) says on Oct 12, 2006, 09:13:

lawyer CO says on Oct 12, 2006, 12:30:

tax law Well, tax law is not difficult when you know exactly what to do.

When you are going to create a company, you need to know what area is the main objetive of it. In consequence , you can search the general and specific taxes you need to pay. Such as Industry and commerce which is different in every city.

If you want, i can give you futher advice

Esteban R.
lawyerscolombia at yahoo.com

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