If you choose the Broker account, you need to pay the commission fee for the broker agency after converting the money to Colombian Pesos.

About other platforms, you can consult them directly about their fees.

Also, you’ll need to pay the 4X1000 tax at the moment of making the money transfer to the vendor. it’s 4 pesos for every 1000 pesos transferred.

The taxes you must pay when making a money transfer are:

– Comission fee: You need to pay the comission fee for the broker agency after converting the money to Colombian Pesos

– 4×1000 tax: You need to pay this Colombian tax at the moment of making the money transfer to the vendor. It’s 4 pesos for
every 1000 pesos transferred.

Customary, the comission fee is payed the days in which you sign the sales agreement and the public deed. However, the responsability of payment relies on the vendor.

In Colombia like in most countries, realtors charge the vendor with a comission fee. In Colombia, it is customary to pay a comission fee between 3%-4% of the value of the property.

No, you can search for properties by yourself. However, we do recommend getting a realtor to show you around. Realtors can help ease the process of purchasing a property in Colombia since they have experience dealing with negotiations and solving problems.

Foreign investments must comply with legal requirements and specific regulations set by the Bank of the Republic of Colombia. This includes legalizing your investment according to local decrees to avoid audits or fines.