Are you thinking of buying a house in Colombia? As a foreigner, you may be wondering if it’s possible to own property in this beautiful country. The answer is yes, you can buy a house in Colombia as a non-resident.
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Are you a foreigner looking to buy a house in Colombia? Good news – it’s possible!
Are you a foreigner looking to buy a house in Colombia? Good news – it’s possible! As a non-resident, you have the same property rights as Colombian citizens.
Requirements
However, before diving into the process, it’s important to understand the legal requirements. To buy property in Colombia, you’ll need a valid visa. This can either be a tourist visa or a resident visa. Keep in mind that the type of visa you have can affect the taxes you’ll pay when purchasing a property.
Transfer tax Colombia
Foreign buyers are subject to a higher transfer tax rate than Colombian residents. The transfer tax, or “impuesto de registro”, is typically 1.5% for residents and 2.5% for non-residents. Additionally, there may be other fees and taxes, such as property taxes and notary fees, that you’ll need to pay.
Legal process
Navigating the legal and bureaucratic process of buying property in Colombia can be challenging, especially if you’re not fluent in Spanish. It’s highly recommended to work with a reputable real estate agent and lawyer who can guide you through the process and ensure that the property has a clear title and no outstanding debts.
How to find your dream house in Colombia for sale?
When it comes to finding your dream home in Colombia, there are many options available. From luxurious beachfront villas to charming colonial homes in the countryside, there’s something for every taste and budget. Keep in mind that the location of the property can affect the price as well.
Conclusion
In conclusion, with the right guidance, foreign buyers can easily purchase a house in Colombia. It’s a beautiful country with a wide range of properties available, so start your search today and take the first step towards your new life in Colombia. Just remember to do your due diligence and work with experienced professionals to ensure a smooth and successful transaction.
