COLOMBIA
LAW IS ON YOUR SIDE!
Under
Colombia Law, your right to: Buy,
Own, Record, Sell, Rent, etc. real estate, and return the sale proceeds
to your country of origin, is the same as if you were a Citizen
of Colombia!
Colombia is the longest established democracy in South America,
and boasts the second airline formed in the world.
In many ways, we are considered very progressive, and in others,
our old colonial culture and charm are features of life, that many
move here to savor and enjoy.
Can
a foreign citizen buy property in Colombia?
Answer: Yes, no problem. Any non Colombian citizen can buy and
own real estate in Colombia. The state will protect your private
property rights.
NEW LAW: Now it is even easier for foreign citizens
to buy property in Colombia!
The
old law required foreign citizens to have a Colombia Cedula (ID),
or have someone with a Cedula, to act as their officious (official)
agent, when signing the scripture (Deed). This Law was recently
repealed. The new Law makes it even easier to purchase real estate
in Colombia. Under the new Law, Buyers will feel more comfortable
when signing their Deed themselves.
Paul Juan, and other Colombian real estate professionals have been
pushing for this change in the Law, and we are grateful that the
current administration and lawmakers have followed through with
our request.
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