Living in Colombia
Rent, health cover and ways to get residency for a foreign retiree in Colombia, checked 2026-09-26.
Rent for a one-bedroom flat
| City | Centre | Outside centre |
|---|
| Medellín | COP 3,352,273 | COP 2,058,352 |
| Bogotá | COP 2,360,833 | COP 1,366,616 |
Furnished flats in El Poblado and Laureles, popular with nomads, rent above the average.
Healthcare
Residents with a visa can join an EPS, the public-private health scheme, paying a share of income; private prepaid plans add faster access.
- EPS, typical for expats: $95–$150 a month
Residency routes
- Pensioner visa (M) (Retirees with a pension): A lifetime pension of three minimum wages, COP 5,252,715 a month in 2026.
- Digital nomad visa (V) (Remote workers): Three minimum wages a month from foreign work. Up to two years.
Tax on a portfolio
- Residents (183+ days) are taxed on worldwide income.
- Gains on assets held two years or more are "occasional gains" taxed at 15%; assumed here for a long-held portfolio.
- Foreign dividends, the 1% solidarity pension fund above 4 minimum wages, and other deductions are not modeled.
When can you retire? · Where to retire