
How Colombian Minimum Wage Affects Visa Applications?
The annual increase for the Colombian Legal Monthly Minimum Wage (SMLMV) for 2026, set at $1.750.905 COP, significantly impacts foreign nationals applying for Colombian visas. Since many visa categories—such as Digital Nomad, Retirement, and Investor visas—require applicants to demonstrate economic solvency as a multiple of the SMLMV, this 23% wage increase directly raises the financial thresholds necessary for visa eligibility and approval. This article details the new minimum economic requirements for key visas following the 2026 adjustment.




