If you happen to receive periodic income from an accredited legal source, you could be eligible to apply for the Rentista/Annuity visa.
To apply for the Rentista visa, you must be able to demonstrate you have foreign income (Not from Salary) higher than 10 times the minimum monthly wage, meaning you must prove an income of $11,600,000 COP in 2023. This income can come from various sources, such as dividends or payments from a lease agreement, it doesn’t have to be fixed and can vary periodically. However, if the income comes from rental properties, the applicant must prove that they own such real estate in Colombia.
The Rentista or Annuity visa is commonly requested by entrepreneurs and can be reapplied every time it is about to expire. Keep in mind it does not allow you to work in Colombia and it is also subject to being canceled if you happen to stay outside the country for 6 or more consecutive months.
What are the requirements to apply for the Colombian V - Rentista / Annuity Visa?
Document size digital picture of the applicant on a photography shop (3×4 Cm White background).
Copy of your passport’s main page.
Copy of the last entry, exit or safe-conduct stamp (It depends on the location of the foreigner).
Copy of the last Colombian visa (if applicable).
Letter of application for the visa stating the origin of rental income.
Certificate of judicial, criminal or police record issued by the authority of the country where you stayed during the last three (3) years, apostilled and translated.
Certification issued by a public entity or private company, specifying the income that is paid or paid on behalf of the applicant. the amount of which may not be less than ten (10) current legal monthly minimum wages (SMMLV).
Health policy with coverage in the national territory against all risks for your stay in the country.
Others requested at the time of acceptance.
What are the costs of the Colombian V - Rentista / Annuity Visa?
Administrative Study Rate Fee
Administrative Issuing Fee
Cédula de Extranjería Issuing Fee
$246,000 COP *$60 USD Approximately
$140 USD – $170 USD* Prices for our partners in the US.
**Carrying out this process personally in your country of origin could minimize costs.
**Prices may vary according to the country.
$25,000 COP per resultant page