Colombia has transformed dramatically over the past decade : Medellín was named the world's most innovative city, and cities like Bogotá, Cartagena and Santa Marta offer a rich mix of culture, climate and affordability. Colombia's digital nomad visa and affordable EPS health system make it increasingly popular with expats.

Updated: 20 May 2026 : Editorial Team, eVisa-Card.com

Important 2026 update : Colombia: long-stay visa financial thresholds raised +22.7%

From 1 January 2026, the financial thresholds for long-stay visas (Digital Nomad, Retirement, M and R categories) were raised by 22.7%, tracking the annual revaluation of the Colombian minimum wage. Travel health insurance is now mandatory for all visa categories. The Check-Mig form remains mandatory (72h-1h before flight). Tourist extension fee: USD 27.

Effective: 1 January 2026 (annual SMMLV indexation)

Source: Cancillería de Colombia

Colombia at a Glance

CapitalBogotá
CurrencyColombian Peso (COP)
LanguageSpanish
Monthly cost~$1,000-2,000/month

Work, study and residence

A tourist exemption or visitor visa does not automatically authorise employment, long-term study or residence. Check the appropriate permission before starting these activities.

Check your own nationality, passport type, residence, route and travel dates with the official authority. The French-passport summary is not an eligibility decision for another nationality.

Use the official checklist for passport validity, permitted entry points, accommodation, funds, onward travel and insurance where required. Requirements for minors, emergency passports and dual nationals can differ.

Choose the category matching the actual purpose of travel. Apply through the government portal or its appointed provider, check the fee before paying, and allow for requests for additional documents. Approval and entry are decided by the competent authorities.

Apply to the competent authority before your current permission expires. An extension, change of status or re-entry is subject to its own conditions; submitting a request does not by itself establish a right to remain.

Colombia — Visa and entry requirements 2026

Healthcare in Colombia

Public Healthcare

Colombia has a unique dual healthcare system. The EPS (Entidad Promotora de Salud) system provides universal coverage to all legal residents. Foreigners with a Cédula de Extranjería can enrol in EPS for ~$50-200/month (based on income). Quality varies enormously by city and provider.

Private Healthcare

Colombia also has excellent private hospitals that are much cheaper than US/European equivalents. Medellín is a world-renowned medical tourism destination: Clínica El Rosario, Clínica del Country (Bogotá), Hospital Pablo Tobón (Medellín). Dental and cosmetic surgery are 60-80% cheaper than in the US.

Typical Healthcare Costs

Service Estimated Cost
EPS monthly premium (foreigner)~$50-200/month (income-based)
EPS GP consultation (co-payment)~$0-5 (nearly free)
Private specialist consultationCOP 80,000-200,000 (~$20-50)
Private emergency roomCOP 200,000-800,000 (~$50-200)
Dental cleaning (private)COP 60,000-120,000 (~$15-30)
Major private surgery60-80% cheaper than US equivalent
Recommended: Enrol in EPS for routine and emergency care. Add a supplementary private plan or use top private hospitals (prepago plan) for specialist care and English-language service.

Supplementary Health Insurance

While EPS provides solid basic coverage, wait times for specialists and certain services can be long. A supplementary private plan (medicina prepagada) gives immediate access to private hospitals and specialists.

Top Providers for Expats

Colsanitas
Colombia's most prestigious private health insurer. Full access to Clínica del Country and Clínica de La Sabana. From ~$200/month.
Compensar
EPS + private plan combined. Strong in Bogotá. From ~$150/month.
Sura (EPS + Prepagada)
Large network, good app, strong emergency coverage. From ~$160/month.
Cigna Global
International plan for expats needing US or European coverage. From ~$100/month.
AXA Colombia
International plan with Latin America coverage. Good for frequent travellers. From ~$120/month.
Pro Tip: Colsanitas is considered the gold standard of Colombian private health insurance among expats. The combination of EPS (for routine/emergency) + Colsanitas prepago (for specialists and surgery) offers excellent coverage at a fraction of US costs.

Opening a Bank Account in Colombia

A Colombian bank account simplifies daily life : rent payments, utility bills, salary receipt and online shopping. The process requires a Cédula de Extranjería (foreigner ID).

Recommended Banks

Bancolombia : Colombia's largest bank. Most expat-friendly with English app. Extensive ATM network. Good online banking.
Banco de Bogotá : Second-largest bank. Strong in Bogotá, Medellín and main cities. Competitive rates.
Davivienda : Good mobile app. Popular with young expats and digital nomads.
Nequi (Bancolombia digital) : Digital wallet/account. Instant opening with cédula. No fees. Good for daily transactions but not full banking.
Nubank (Nu Colombia) : Digital bank. Very easy to open. No fees, great app. Growing rapidly in Colombia.

Required Documents

  • Cédula de Extranjería (foreigner ID card) : mandatory
  • Proof of address (rental contract or utility bill)
  • Colombian phone number
  • RUT (tax ID) for some account types
  • Minimum initial deposit (varies by bank and account type)

Step-by-Step Process

  1. Obtain your Cédula de Extranjería at Migración Colombia first
  2. Visit bank branch or apply digitally (Nubank, Nequi)
  3. Present Cédula and proof of address
  4. Account opened same day in most cases
  5. Receive debit card within 5-7 business days
Pro Tip: Start with Nequi or Nu Colombia (fully digital, instant account) while waiting for your Cédula. Once you have your Cédula, open a Bancolombia account for more complete banking services.

Buying Property in Colombia

Foreigners can freely buy property in Colombia with no restrictions. Colombia is one of the most accessible property markets in Latin America for foreigners. Medellín has become a hotspot, with Bogotá, Cartagena and Santa Marta also very popular.

Ownership Options for Foreigners

Freehold Purchase
Full ownership, no restrictions for foreigners. Standard method for all property types.
M Visa via Property
Owning property worth ≥350 SMMLV (~$100,000) qualifies you for a Migrant Visa (2 years, renewable).
Off-Plan Purchase
Common in Medellín and Bogotá. Typically 15-30% cheaper than finished properties. Developers offer payment plans during construction.

Purchase Process

  1. Obtain a RUT (Colombian tax ID) at the DIAN : required for property purchase
  2. Hire a Colombian real estate lawyer (abogado)
  3. Sign a Promesa de Compraventa (preliminary agreement) : pay 10-30% deposit
  4. Lawyer conducts title search at the Public Instruments Registry
  5. Sign the Escritura Pública (deed) before a Notario
  6. Register at the Public Instruments Registry (Registro de Instrumentos Públicos)
  7. Pay transfer taxes

Typical Purchase Costs

Item Cost
Property transfer tax (Impuesto de Registro)0.5-1% of transaction value
Notary fees~0.3-0.5% of transaction value (split buyer/seller)
Registration fee0.5-1%
Lawyer fees1-2%
Annual property tax (Predial)0.5-1.2% of assessed value
Agent commission3-5% (paid by seller)
Pro Tip: Medellín's El Poblado and Laureles neighbourhoods offer the highest concentration of expat-friendly properties and services. Cartagena's Getsemaní is an up-and-coming area with strong rental yields. Always verify the Certificado de Tradición y Libertad (title certificate) at the Registry before any payment.

About This Guide

This guide is researched and maintained by the editorial team at eVisa-Card.com. Last updated: 20 May 2026. We strive to keep all information current but visa rules, healthcare costs and property regulations change frequently. Always verify current requirements with official government sources and consult a licensed professional before making major decisions.