Options for Colombia Nationals
Colombia holds a mid-range passport with visa-free access to 157 destinations and fully permits dual citizenship. Tax residency is triggered by 183 days of presence, at which point worldwide income becomes taxable, including potentially foreign pension income. Colombia has emerged as a growing hub for digital nomads and internationally mobile professionals, supported by improving infrastructure and a 2022 nomad visa.
Your Passport
Passport Rank
#27
Visa-Free
157
destinations
allowed
residence based
Key Considerations for Colombia Nationals
- 01Colombian tax residency is established by spending 183 or more days in Colombia within a 365-day period, whether consecutive or not.
- 02Colombian tax residents are taxed on worldwide income; non-residents are taxed only on Colombian-source income.
- 03Foreign pension income received by Colombian tax residents may be taxable in Colombia depending on the applicable tax treaty and source country rules.
- 04Colombia permits dual citizenship without restriction; Colombian nationals do not lose their citizenship upon acquiring another nationality.
- 05Colombia has been investing significantly in digital nomad and remote work infrastructure, including the introduction of a digital nomad visa (Visa de Nómada Digital) in 2022.
- 06The DIAN (Colombia's tax authority) has increased scrutiny of foreign assets and income of Colombian tax residents in recent years.
Program Restrictions
colombia-digital-nomad: Introduced in 2022, allows remote workers earning foreign income to reside in Colombia for up to 2 years; holders should assess whether stays trigger Colombian tax residency.
general: Colombians benefit from the Ibero-American exception to Spain's general dual citizenship restriction, allowing acquisition of Spanish nationality without renouncing Colombian citizenship.
Visa Programs Available to You
68 programsPortugal D7 Passive Income Visa
Portugal PRT
Processing
2mo
Min. Income
$820
Citizenship
5y
Portugal D8 Digital Nomad Visa
Portugal PRT
Processing
2mo
Min. Income
$3,280
Citizenship
5y
Portugal Golden Visa (ARI)
Portugal PRT
Processing
6mo
Min. Income
—
Citizenship
5y
Spain Non-Lucrative Visa
Spain ESP
Processing
3mo
Min. Income
$2,800
Citizenship
10y
Spain Digital Nomad Visa
Spain ESP
Processing
3mo
Min. Income
$2,800
Citizenship
10y
Italy Elective Residence Visa
Italy ITA
Processing
3mo
Min. Income
$33,000
Citizenship
10y
Greece Golden Visa
Greece GRC
Processing
4mo
Min. Income
—
Citizenship
7y
Malta Permanent Residence Programme (MPRP)
Malta MLT
Processing
6mo
Min. Income
—
Citizenship
No
Ancestry / Descent Options
Based on common ancestry patterns for Colombia nationals.
Banking That Accepts Your Passport
10 optionsWise (formerly TransferWise)
multi currency account
40 currencies
Free
Revolut
digital bank
36 currencies
Free
N26
digital bank
1 currencies
Free
Chase UK
digital bank
1 currencies
Free
HSBC Expat
traditional bank
19 currencies
$35/mo
Interactive Brokers
brokerage
23 currencies
Free
Charles Schwab International
brokerage
1 currencies
Free
Standard Chartered
traditional bank
12 currencies
$10/mo
DBS Bank Singapore
traditional bank
13 currencies
$7/mo
Emirates NBD
traditional bank
6 currencies
Free
Company Formation Jurisdictions
12 jurisdictionsUK Private Limited Company (Ltd)
Setup: $50
25% (19% for profits under GBP 50,000; marginal relief between GBP 50,000–250,000)
Banking: moderate
US Delaware LLC
Setup: $200
0% at state level (no Delaware state income tax on out-of-state activity); federal tax depends on election (pass-through by default or C-Corp election)
Banking: moderate
US Wyoming LLC
Setup: $100
0% at state level (no Wyoming state income tax); federal tax depends on entity election
Banking: moderate
Estonia OÜ (Private Limited Company)
Setup: $265
0% on retained earnings; 20% on distributed profits (unique deferred distribution tax model)
Banking: difficult
Dubai DMCC Free Zone Company
Setup: $8,500
9% UAE Corporate Tax (effective June 2023) on taxable profits over AED 375,000; 0% for Qualifying Free Zone Persons meeting substance requirements
Banking: moderate
Dubai IFZA Free Zone Company
Setup: $5,500
9% UAE Corporate Tax on profits over AED 375,000; 0% for Qualifying Free Zone Persons on qualifying income
Banking: moderate
Singapore Private Limited Company (Pte Ltd)
Setup: $400
17% headline rate; effective rate often 8–10% due to startup tax exemptions (75% exemption on first SGD 100,000 for first 3 years)
Banking: moderate
Hong Kong Private Limited Company
Setup: $500
16.5% standard; 8.25% on first HKD 2 million of assessable profits (two-tiered regime)
Banking: difficult
BVI Business Company (BC)
Setup: $2,000
0% (no corporate income tax, capital gains tax, or withholding tax)
Banking: difficult
Cayman Islands LLC
Setup: $3,500
0% (no corporate tax, income tax, capital gains tax, or withholding tax; 20-year tax exemption certificate available)
Banking: difficult
Portugal Lda (Sociedade por Quotas)
Setup: $1,200
21% standard IRC; 17% on first EUR 25,000 for SMEs; municipal surcharge up to 1.5%; RFAI and other incentives available
Banking: moderate
Georgia Individual Entrepreneur (IE) with Virtual Zone
Setup: $50
1% on turnover up to GEL 500,000/year (Small Business Status); 0% on IT/software exports for Virtual Zone Person status; standard rate 15% corporate + 5% dividend withholding
Banking: easy
Citizenship by Investment
10 programsMalta Citizenship by Naturalisation for Exceptional Services by Direct Investment
Malta
From
$690,000
Processing
14mo
Visa-Free
186
Due Diligence
extensive
St Kitts and Nevis Citizenship by Investment
St Kitts and Nevis
From
$250,000
Processing
6mo
Visa-Free
157
Due Diligence
enhanced
Commonwealth of Dominica Citizenship by Investment
Dominica
From
$100,000
Processing
5mo
Visa-Free
144
Due Diligence
enhanced
Antigua and Barbuda Citizenship by Investment
Antigua and Barbuda
From
$130,000
Processing
6mo
Visa-Free
151
Due Diligence
enhanced
Grenada Citizenship by Investment
Grenada
From
$150,000
Processing
6mo
Visa-Free
148
Due Diligence
enhanced
St Lucia Citizenship by Investment
St Lucia
From
$100,000
Processing
5mo
Visa-Free
146
Due Diligence
enhanced
Turkish Citizenship by Investment
Turkey
From
$400,000
Processing
4mo
Visa-Free
110
Due Diligence
standard
Vanuatu Citizenship by Investment (DSP / VDSP)
Vanuatu
From
$130,000
Processing
2mo
Visa-Free
113
Due Diligence
standard
Egyptian Citizenship by Investment
Egypt
From
$300,000
Processing
6mo
Visa-Free
53
Due Diligence
standard
Jordanian Citizenship by Investment
Jordan
From
$750,000
Processing
9mo
Visa-Free
57
Due Diligence
enhanced