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Medellin Guru Newsletter
- April 2025

Discover essential insights for expats and investors in Colombia with this month’s top articles. From securing the best health insurance for your visa to choosing the right city to live in, we cover everything you need to know. Learn about the advantages of brokerage accounts over traditional banking, understand the Colombian tax system, and explore why Santa Marta is the hottest destination for property investment.

Last News Medellin Guru Blogs

How to obtain 2 years of health coverage for a Colombian Visa

How to Obtain 2 Years of Health Coverage for a Colombian Visa

Securing 2-year health insurance is key to increasing your chances of visa approval in Colombia. Choosing a policy meeting the Ministry of Foreign Affairs’ criteria ensures uninterrupted coverage throughout your stay. This allows you to enjoy your time in Colombia without the stress of renewing short-term policies that could limit your visa validity.

What will you get with this blog?

This blog explains why a two-year health insurance policy benefits visa applicants, detailing the essential coverages required by Colombian regulations. You will also find guidance on choosing the best insurance providers and how expert assistance can simplify the process.
Guide to choosing a city in Colombia to live

Guide to Choosing a City in Colombia to Live In

Selecting the proper city to live in Colombia is crucial for foreigners seeking a new home. Whether you’re drawn by the friendly culture, affordable cost of living, favorable climate, or diverse lifestyle options, Colombia offers a range of cities to suit various preferences. Major urban centers like Medellín and Bogotá provide vibrant experiences, while smaller towns offer tranquility without sacrificing essential amenities.

What will you get with this blog?

This guide evaluates different Colombian cities across 13 important categories, helping you make an informed choice based on your priorities. It also emphasizes the importance of consulting immigration experts, such as expatgroup.co, to ensure a smooth transition and compliance with local regulations.
Best Colombia banks for foreigners

Best Colombia Banks for Foreigners

For expatriates in Colombia, choosing the right banking option is essential for managing finances efficiently. While traditional banks offer savings accounts with essential services, brokerage accounts stand out as a superior alternative, providing better foreign exchange rates and easier international fund transfers. Understanding the banking system and selecting the right option can simplify your financial experience in Colombia.

What will you get with this blog?

This blog provides an overview of Colombia’s banking system, highlighting its stability and modernization. It discusses the benefits of both traditional savings accounts and brokerage accounts, explaining why the latter can be a more convenient choice for foreigners. Additionally, the article outlines the general requirements for opening a bank account, helping you confidently navigate the process.
How to File Income Taxes (Declaración de Renta) in Colombia

How to File Income Taxes (Declaración de Renta) in Colombia

Navigating the Colombian income tax system can be complex for foreigners. The tax filing season begins in August, covering the previous year’s income. Individuals who reside in Colombia for more than 183 days within 365 days are considered tax residents and must comply with local tax obligations. It’s important to note that Colombia taxes worldwide income for its tax residents.

What will you get with this blog?

This blog provides a comprehensive guide to filing income taxes in Colombia, including who must file, key deadlines, and step-by-step instructions for submitting your tax return. It also highlights the importance of consulting with Colombian tax specialists to ensure compliance with local regulations and to navigate the filing process effectively.
Santa Marta The Current Top Choice for Property Investment

Santa Marta: The Current Top Choice for Property Investment

Santa Marta, nestled along Colombia’s Caribbean coast, has emerged as a prime location for real estate investment. Its stunning beaches, lush landscapes, and rich cultural heritage attract tourists and expatriates, fueling a growing demand for residential and vacation properties. This surge has increased property values and enhanced infrastructure, making Santa Marta an appealing option for investors seeking opportunities in a vibrant coastal city.

What will you get with this blog?

This article explores the factors contributing to Santa Marta’s rise as a top property investment destination. It discusses the city’s natural beauty, cultural richness, and expanding tourism industry, all driving the real estate market. Additionally, the blog highlights the benefits of investing in beachfront apartments, emphasizing their potential for appreciation and rental income. Readers will understand why Santa Marta stands out in Colombia’s real estate landscape and how to capitalize on its investment opportunities.

Upcoming events in Colombia

LUMEN Real Estate Investment Forum in Medellín, Colombia
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LUMEN Foro de Inversión Inmobiliaria

November 16, 2024 @ 7:00 am - 11:00 pm

Hotel Diez Cl 10A #34-11, Medellín

You are invited to explore the captivating world of real estate investment at this exclusive event...
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Concert in Medellin: Canticuentos Filarmónicos

October 20, 2024 @ 3:00 pm - 5:00 pm

Teatro U de M Carrera 87 # 30 - 65, Med

Get ready for Canticuentos Filarmónicos for the Family to sing along, and dive into...
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LUMEN Foro de Inversión Inmobiliaria

October 20, 2024 @ 9:00 am - 3:00 pm

Teatro Pablo Tobón Uribe Cra. 40 #51-24

You are invited to explore the captivating world of real estate investment at this exclusive event...

Quick access to services for foreigners in Colombia

Get free fingerprinting with the FBI Background Check Package

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