Visas and Residency Options for Foreign Entrepreneurs in Colombia
Starting a business or investing in Colombia requires the right visa and legal residency status. Colombia offers several immigration pathways that allow foreign entrepreneurs, investors, and business owners to establish themselves and operate legally in the country. This guide explains the main Colombian business visas, their requirements, and how we at ColombiaCorporate can help you obtain them quickly and securely.
1. Business Visitor Visa (V) – Short-Term Business Travel
The Visitor (V) visa is ideal for foreign entrepreneurs visiting Colombia for short-term business activities such as meetings, negotiations, attending events, or exploring investment opportunities. It does not allow local employment or long-term residence. The V visa is usually valid for up to two years and is perfect for those in the initial stages of market entry or company formation in Colombia.
2. Migrant Visas (M) – For Investors and Business Owners
The Migrant (M) visa is the most relevant for foreign investors and entrepreneurs planning to start or manage a business in Colombia. There are several key categories:
M-6 Business Owner or Shareholder Visa
The M-6 visa applies to foreigners who create or invest in a Colombian company. Applicants must demonstrate a minimum investment equivalent to 100 times the Colombian minimum monthly wage. This visa allows you to legally manage and operate your company in Colombia and is valid for up to three years, renewable as long as the investment remains active. After five years, holders may apply for permanent residency.
Investor Visa for Real Estate or Company Ownership
Foreigners who purchase property or hold shares in a Colombian company can also qualify for an investor visa. The investment must meet the same minimum threshold (around 100 minimum wages). Applicants must provide proof of investment registration with the Banco de la República, Chamber of Commerce documentation, and financial statements.
Other Migrant Visa Options
Entrepreneurs who invest in real estate or participate in other business projects may qualify under related Migrant visa subcategories, depending on the investment type and purpose.
3. Resident Visa (R) – Permanent Residency in Colombia
The Resident (R) visa is designed for foreigners who have maintained legal residence under an eligible M visa for at least five consecutive years or who make a substantial foreign investment directly into Colombia. The R visa grants indefinite residence, allowing you to live and work freely without needing renewals. It also provides a path toward Colombian citizenship after a qualifying period.
4. Income-Based and Independent Means Visas
If you earn a consistent income abroad, such as from dividends, rentals, or remote work, you may qualify for a visa based on independent means or foreign income. These visas require proof of monthly income equivalent to several times the Colombian minimum wage. Although they do not rely on business ownership, they can later lead to permanent residency after five years of continuous stay.
5. General Visa Requirements
To apply for a Colombian visa as an entrepreneur or investor, you will need:
- A valid passport with at least six months of validity
- Completed visa application form and passport photos
- Proof of investment (bank certificate, share documents, or property deeds)
- Registration of your foreign investment with Banco de la República
- Chamber of Commerce certificate and company bylaws
- Background check and proof of legal stay
- Health insurance covering your stay in Colombia
Visa holders must comply with residence conditions, such as not remaining outside Colombia for more than the maximum allowed time and maintaining the investment that supports their visa.
6. Transitioning from Temporary Visa to Residency
Once you have held an eligible M visa (such as M-6) for five continuous years and met the physical presence requirements, you may apply for the Resident (R) visa. This visa grants indefinite legal residence and the ability to work, invest, or retire in Colombia. It also opens a pathway toward permanent settlement or eventual naturalization.
How ColombiaCorporate Helps You Get Your Visa Approved
At ColombiaCorporate, we simplify the entire process of obtaining your Colombian investor visa or residency. Our bilingual legal and immigration team assists you in selecting the most suitable visa type, preparing and validating documents, registering your investment, and managing submissions before the Colombian Ministry of Foreign Affairs and Banco de la República. We handle every stage efficiently, ensuring your application is compliant and approved without unnecessary delays. Whether you are launching a new business, acquiring property, or expanding your operations in Colombia, we provide expert guidance so you can focus on growing your company while we handle the legal side.