Colombia’s rentista visa is intended for foreigners who receive income from a fixed income source like an annuity, rent from a rental property, dividends or interest. We provide 2023 updates on the Colombia rentista visa rules.
Acceptable sources of income for a Colombia rentista visa include:
- Payments from an annuity
- Rents from rental properties
- Interest received from loaning money
- Dividends or interest payments from investments in companies
- Disability payments from an insurance settlement
- Payments over time from the sale of a business
Has the visa process changed in Colombia due to the new Resolution 5477?
According to ExpatGroup, the visa agency we partnered with, tells us that with the new resolution, the government has introduced new application requirements, in addition to the change of category of some visas, such as the M visa for rentista, which is now a visitor visa, or the R visa for parent of Colombian child, which is now an M visa.
How to Apply for a Colombia Rentista Visa
You can apply for a Colombia rentista visa online. In addition, you can obtain Colombian visas at Colombian consulates around the world. In the U.S., Colombia has consulates located in Atlanta, Boston, Chicago, Houston, Los Angeles, Miami, Orlando, Newark, New York, San Francisco and Washington DC.
The Colombian visa process is fairly easy as it’s done online. You can apply for a Colombia visa online here. This application will require scans of all required documents in PDF files plus the photo in jpg format. In addition, a detailed guide for applying online is found here.
Visas in Colombia are issued by the Ministerio de Relaciones Exteriores. Since the coronavirus, all visas are issued electronically, so you do not have to travel to Bogota for the stamp.
I successfully obtained three Colombian visas that I applied for my own in the past that were good for a total of five years. But the biggest challenge with doing a Colombian visa yourself is not benefiting from the experiences of a visa agency, which has processed hundreds of visas and knows exactly what is needed for each type of visa.
Also, another big benefit of using a visa agency is that they help you gather all the information and documents necessary for the visa application. The cost of the service includes immigration advice, visa application, visa registration, and application for a foreigner identification card.
So, for my latest visa received in 2018, a Colombia resident visa, I used a visa agency. And I found the experience painless and now highly recommend using a visa service over doing a Colombia visa application yourself. The bottom line is with a visa agency you are less likely to run into problems and you can avoid a trip to Bogotá.
Medellin Guru Visa Service
The visa agency we partnered with has helped 800 Medellin Guru reader
Income Requirement for a Colombia Rentista Visa
Currently and due to Resolution 5477, the Rentista visa, which used to be type M migrant, has changed its category to visitor type, however, the income required to apply for this visa remains the same.
So, in 2023 you need an income of 11,600,000 pesos per month ($2,577 USD at the exchange rate of 4,500 pesos to USD) to qualify for the Colombia rentista visa. Note that the minimum monthly salary in Colombia increases each year.
Requirements for a Colombia Rentista Visa
Documents required for the Colombia rentista visa are as follows:
- Photocopy of the first page of your passport with a minimum validity of six months where your personal data is displayed.
- Photocopy of the page of your passport with the last stamp of entry or departure of Colombia is located.
- If you’ve had a previous Colombian visa, a photocopy of this visa.
- Certificate issued by a public entity or private company, specifying the income paid to the foreign visa applicant and the amount must be over 10 times the monthly minimum wage in Colombia.
- Criminal record certificate issued by the authority of the country where it has remained during the last three (3) years with the formalities of apostille or legalization and translation.
- Mandatory health insurance policy that covers Colombian territory, all risks, death, and repatriation
- Passport style face photo with a white background, sized at 3 cm width X 4 cm height, maximum size of 300 kb jpg file for online application.
Having an international health insurance policy is a new visa requirement in 2023 for the rentista visa, use the Medellin Guru insurance service.
Medellin Guru Insurance Service
Medellin Guru partnered with an insurance agent to offer Colombian insurance services to foreigners including health insurance, auto insurance, homeowners’ insurance, travel insurance and life insurance.
Using a Visa Agency for a Colombia Rentista Visa
If you are in Colombia, you can use a visa agency to obtain a Colombia rentista visa. A visa agency can handle the online application and ensure you have all the required documentation and you benefit from the visa agency experience.
Medellin Guru has partnered with what we believe is the best visa agency in Medellín to offer Colombia visa services. Features of this service include:
- Online chat – get visa questions answered fast.
- Online quotes – get immediate visa quotes.
- Bilingual team.
- Office in El Poblado in Medellín.
- Competitive price compared to other visa services.
The Medellin Guru visa service partnership was launched in March 2019. And in 47 months, 630 visas were successfully received by clients.
So, in total we had 755 clients of the Medellin Guru visa service in 47 months.
In addition, many more visas are in process – short, medium or longer term, depending on client needs.
We reviewed all the Colombia visa agency services in Medellín and found one agency that offers a more efficient visa service with more features and more comprehensive communications including online chat, WhatsApp, videocall, email and phone plus a low price and a convenient office in El Poblado.
Our visa partnership is an affiliate relationship (like the Amazon affiliate program). If you use our visa partner, Medellin Guru receives a small commission and you support the website. This is at no additional cost to you. The price remains the same, whether you use a button or affiliate link on this website or not.
Furthermore, the visa agency we partnered with offers visa services anywhere in Colombia. So, if you are located in another city in Colombia you can use this service.
Getting a Colombian Cedula
After you have successfully received your Colombian Visa you have a maximum of 15 calendar days to register your visa with Migración Colombia to get a Cedula de Extranjeria (Colombian ID for foreigners). Or if you received your visa at a consulate, you will have 15 calendar days after you arrive in Colombia to register your visa.
Due to being photographed and fingerprinted this must be done in-person at a Migración Colombia office.
Especially relevant, it is very important to register your Colombian visa within the allowed time frame. If not, you will be liable for a big fine of up to seven times the minimum monthly salary in Colombia. The minimum salary in Colombia is $1,160,000 COP per month in 2023. So, the fine is up to 8,120,000 COP pesos in 2023.
To register your visa and apply for a cedula this must be done at one of the Migración Colombia offices. You can find Migración Colombia offices in major cities in Colombia.
- Barranquilla – Carrera 42 # 54-77, Barrio El Recreo
- Bogotá – Calle 100 #11B-27
- Cali – Avenida 3 norte # 50N-20
- Cartagena – Carrera 20 B # 29-18, Barrio pie de la Popa
- Medellín – Calle 19 #80A-40, Barrio Belén (the entrance is on the other side of the building on Calle 19A)
Now it is not possible to obtain residency with a rentista visa because it is not possible to accumulate time, but after having a migrant (M) for five years you are eligible to receive a resident (R) visa. And after having an R visa for five additional years you can apply to become a citizen of Colombia.
Also, you won’t have to give up your existing citizenship. Colombia permits dual-citizenship, as does the U.S. and many other countries.
Once you become a dual citizen with Colombian citizenship, you will no longer need to deal with visas anymore. Also, you will be able to travel to a few countries as a Colombian citizen without a visa such as Russia, which require a visa for U.S. citizens.
Also, if you have Colombian citizenship, this benefits you with the Mercosur trade block. Nationals of Member States (Argentina, Brazil, Paraguay and Uruguay) and Associated States (Bolivia, Chile, Colombia, Ecuador and Peru) do not need a passport or visa to travel around the region, with only a national identity card required.
In addition, the Mercosur Agreement grants the right to residence and work for citizens with no requirement other than nationality. Citizens of the Member States and Associated States that are part of the agreement enjoy a facilitated procedure for applying for a residence visa, as long as they have a valid passport, birth certificate and a negative certificate of criminal record.
To become a citizen, Colombia requires a citizenship test, just like the U.S. does. And you will be required to pass a test related to Colombian history, geography and the constitution. Also, a basic Spanish oral test is required. Those who have a bachelor’s degree from a Colombian university or are over 65 years old are exempt from these tests.
Furthermore, a complete list of the requirements for Colombian citizenship is found on the Cancillería website here.
Medellin Guru's Comprehensive Visa and Passport Series
The Colombian visa changes that went into effect in mid-October 2022 were significant. So, on the Medellin Guru site, we have a comprehensive series of visa articles that are kept up-to-date and should answer most visa questions. These articles include:
- Colombia Visa Guide: Ultimate Guide How to Get a Colombian Visa
- How to Obtain a Colombian Visa with Up-to-Date Info – an overview of all the Colombian visas
- Popular Colombian Visas for Foreigners: Which Visa is the Most Popular?
- Coronavirus Impacts on Colombian Visas and Tourist Visas
- Visa Agencies: A Guide to Visa Agencies in Medellín and Colombia
- 9 Common Colombian Visa Mistakes: How to Avoid Them
We have looked in detail at the seven most popular Colombian visas used by foreigners:
Also, we have looked in detail at three additional Colombian visas, which are less popular for foreigners:
- Rentista visa (annuity visa) – for foreigners with a fixed income
- Beneficiary visa – for relatives of visa holders
- Expertise visa – for professionals
Furthermore, we provide information about travel insurance that meets the insurance requirement for Colombian visas. And we have a guide to how apply for a cedula extranjeria in Colombia and a guide to using notaries in Medellín and Colombia. Finally, Medellin Guru has partnered with a visa agency to offer Colombia visa services.
All of our Colombia visa articles were updated in 2022 to ensure they are up-to-date and are being updated again in 2023. In addition, all visa articles on this website will be kept up-to-date as new details are disclosed.
The Bottom Line: Obtaining a Colombia Rentista Visa
Colombia’s rentista visa is relatively easy to get. But this visa is only intended for foreigners with a fixed income source like an annuity, rent from a rental property, dividends or interest.
The visa agency we partnered with has helped 68 Medellin Guru readers obtain visas and U.S. passport renewals.
Medellin Guru Visa Service
The visa agency we partnered with has helped 800 Medellin Guru reader
Editors note: updated on June 28, 2023, with new images.