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Country Side Properties Colombia
Why invest in Colombia?
Colombia, located in South America, has an area of 1,141,749 km2, so it can be considered a large country. In addition to the continental territory, the archipelago of San Andrés, Providencia and Santa Catalina, the Rosario and San Bernardo, in the Caribbean (Atlantic); and the islands of Gorgona, Gorgonilla and Malpelo, in the Pacific. It is divided politically and administratively by 32 Departments, composed of 1101 Municipalities and 20 Non-Municipalized Areas.
Colombia, with a population of 47,292,000 people, is in position 29 of the population table, composed of 196 countries and has a moderate population density, 43 inhabitants per km2.
Its capital is Bogotá and its currency Colombian Pesos.
Colombia is the 39th economy by volume of GDP.
The last annual variation rate of the CPI published in Colombia is June 2018 and was 3.2%.
A connected country in the region and the world
Colombia has multiple geographic advantages that position the country as a key destination in the region. Being the only country in South America with a coastline in the Pacific Ocean and the Caribbean Sea allows it to have a wide window for foreign trade, with easy access to the global market, and become a key point for the provision of services such as those related to BPO (Business Process Outsourcing).
Invest in Colombia with less capital
Foreigners who invest in Colombia can do so without the need to have a large capital, in comparison with what they would need to have to invest in other markets in the region.
An example with which it is easier to understand this advantage of investing in Colombia is the real estate sector, investing in a real estate project in the country is much more profitable than doing it in a market like the United States.
In short, with less money you can make more far-reaching investments.
Tax benefits
One of the advantages that attracts most investors who do business in Colombia is the multiple tax benefits because it is foreign capital that boosts the local economy. In Colombia there are exemptions in the payment of income tax in some sectors, in comparison with the general tax rate
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AGROINDUSTRY: Colombia offers significant investment and export opportunities for the agrifood chain thanks to its agricultural potential, climatic characteristics, water resources and industries and a consolidated agroindustrial sector.
According to FAO, In the next 30 years, developing countries will need another 120 million hectares for crops. About half of the land that could enter agricultural production is located in 7 tropical countries: Angola, Argentina, Bolivia, Colombia, Brazil, Congo and Sudan.
The agroindustrial production was of 75,518 thousand million pesos in 2016, thus occupying 31.7% of the total national production.
Exports of the agro-food chain reached US $ 7,309 million in 2017, reaching more than 164 markets and with a 49% share in non-mining-energy exports.
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TOURISM: One of the most profitable businesses in Colombia is related to the tourism sector, so if you are planning to invest here, this is an idea you should consider. You can open a business focused on offering tours through different areas of the country with different plans and outputs that can be used by all stakeholders.
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So far 6.5 million passengers have arrived, representing an increase of 150% compared to 2.6 million in 2010.
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Between 2010 and 2017 the income of foreign currency for tourism grew 68.2%.
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Between January and May of 2018 tourism grew 38%, which means the entrance of 3.3 million foreign tourists in just this year. In the same period of 2017, the figure was 2.4 million.
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Investment in hotels in the country has been $ 5.7 billion (2003 and 2017)
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Foreign Direct Investment in commerce, hotels and restaurants during the first quarter of 2018 was US $ 297 million, which meant an increase of 52.4% compared to the same period of 2017 when it was US $ 195 million at that time.
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Hotel occupancy in 2017 was 56.1% and between January and March this was 57.1% (55.8% in the same period of 2017)
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In the first quarter of 2018, tourism's share of GDP was 6.9%, while in 2017 it was 1.6%.
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1.9 million formal jobs have been created in this sector.
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45 tourist routes have been implemented (30 geographical - 15 thematic) in 32 departments.
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