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How do I pay for the purchase of my property?

homes for sale medellin

Being a foreigner in Colombia, getting a loan to buy a property in Colombia is impossible. Therefore, you must bring the funds to buy said property.

Here the issue is how to bring these funds to the country to make the payments for this property.

escrow service colombiaThere are several companies specializing in the legalization of funds. The funds with which the property will be paid must be legally formalized before the Colombian government. This is done through the Banco de la República, and for this certain documents need to be filled out for this. It is nothing to write home about, but it is necessary.

Several companies can help you pay for your property; they are experts on the subject. To make such a transfer, the buyer must be registered with the company, all the respective paperwork must be approved, and it is not something that is done automatically. The Colombian banking system is somewhat secure – remember all those years when this country had that unholy history? Our company has agreements with companies specialized in the subject.

We work with Coltefinanciera, They have been our allies for many years now, giving the best services to our customers.

Our process is straightforward

  • we sit with you and have a coffee, get acquainted
  • we will ask you many questions to make sure we have a full grasp of what you want and need
  • we then get the basics cover and the most important being the money process. We ensure you will have no issues bringing your money correctly so you don’t get in trouble with the Colombian taxing buro.

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