If your net worth exceeds a certain level in Colombia, you may be required to pay the wealth tax in 2026. The new threshold starts at approximately $3,770 million COP, and yes—this can also apply to foreigners.
Here’s a clear explanation
What Is the Wealth Tax in Colombia?
The wealth tax is a tax applied to what you own, not what you earn.
In simple terms: It is calculated based on your total wealth.
It includes:
- Real estate (houses, apartments, land)
- Bank accounts
- Investments (stocks, crypto, etc.)
- Vehicles
Minus:
- Debts
📌 The result is your net worth, which is the tax base.
Who Must Pay the Wealth Tax in 2026?
For 2026, individuals who must pay are:
Your net worth is equal to or greater than 72,000 UVT
This is approximately $3,770,928 COP
The UVT for 2026 is $52,374 COP
📌 This change lowered the threshold, meaning more people are now required to pay.
Does It Apply to Foreigners?
Yes—and this is a key point.
If you are a foreigner:
You must pay if:
- You are a tax resident in Colombia, or
- You have assets in Colombia (even if you don’t live here)
This follows the general rule of the Colombian tax system:
- Residents → declare global wealth
- Non-residents → only assets located in Colombia
This significantly affects people who:
- Bought property
- Invested in Colombia
- Have businesses or bank accounts in the country
How Much Wealth Tax Do You Pay?
The tax is progressive, meaning it increases based on your level of wealth.
Estimated 2026 rates:
- From 0.5%
- Up to 1.5% for very high net worth
Important: You do not pay a single rate on your entire wealth, but rather by brackets.
What Assets Are Included?
✔️ Includes:
- Real estate
- Money in accounts
- Investments
- Vehicles
❌ Possible exclusions:
- Part of your primary residence (up to a certain amount)
- Some financial assets depending on the case
When Is It Calculated and Paid?
- It is calculated based on your net worth as of January 1, 2026
- It is filed according to the DIAN calendar
- It may be paid in installments depending on the case
Common Mistakes You Should Avoid
Many taxpayers make these mistakes:
- Thinking only income matters (here, wealth matters)
- Not including foreign assets (if you are a resident)
- Not properly deducting debts
- Believing foreigners are exempt
Conclusion: Should You Be Concerned About This Tax?
If your net worth is below $3,000 million COP → it likely does not apply
If it is above → you need to review it carefully
This tax is especially relevant if:
- You invested in real estate
- You live in Colombia more than 6 months
- You have international assets
Do You Need Help With the Wealth Tax?
At Nexo Legal, we help you:
- Determine if you are required to pay
- Accurately calculate your net worth
- Legally optimize your tax burden
- File without errors or penalties
Contact us today and avoid issues with DIAN.
FAQs
What is the threshold for the wealth tax in 2026?
From millions COP).
Do foreigners have to pay this tax?
Yes, if they are tax residents or have assets in Colombia.
Is the tax based on income?
No. It is based on your net worth (assets minus debts).
What is the maximum rate?
Up to 1.5% for very high net worth individuals.
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Get started with a free case assessment
What will happen after you fill out this form?
After submitting the form, your case undergoes a comprehensive review by our team of specialist to assess its viability. Providing clear and concise information about your objectives accelerates this process.
Subsequently, a specialist will be assigned to your case, reaching out to you within a day to clear up details about your case and outline the next steps to help you achieve your goals.