Check out market updates
The Colombian Government adopted new visa regulations that came into effect on October 21, 2022, and now that the format has been published, it necessitates that we update our blog of October 31. There is a little bit of negativity for expats but we feel that is more than offset with the positives that the changes…
It’s hard to believe that 2023 is just around the corner but they say that as you age, time does go more quickly. Perhaps we need to pause and ask ourselves if anything is changing in the Armenia real estate market? And our answer to that is a firm, unqualified, no. Although we see sporadic…
The market in Armenia can only be described as “dreamy” but the word likely fits what is going on in many parts of Colombia, sellers, for the most part, are dreaming. The country has become a popular destination for retiring expats, as well as those not close to retirement, and the locals are trying to…
We are pleased to announce that the “Get To Know Armenia” six day, five night all inclusive package is ready. The typical schedule would be a direct flight to Armenia on Spirit out of Fort Lauderdale or Miami on Thursday, returning the following Tuesday. Bogota for non Spanish speakers is to be avoided when at…
When purchasing property in Colombia, one needs to consider the Resident Visa program that the government offers for those buying a home, condo, finca, etc. for 650 times the MMW, minimum monthly wage, or over. Conveniently, with that wage being a million pesos a month for 2022, the threshold is 650 million COP. The mid…
Al comprar una propiedad en Colombia, se debe considerar el programa de Visa de Residente que el gobierno ofrece para quienes compran una casa, condominio, finca, etc. por 650 veces el SMM, salario mínimo mensual o más. Convenientemente, siendo ese salario un millón de pesos mensuales para 2022, el umbral es de 650 millones de…
For those coming to Armenia for the first time, it can be a place where a decision to come here permanently is made quickly. The city lacks nothing, it is clean and safe, the climate is perfect, the people are friendly, and the cost of living is nothing like you’ve ever experienced if you are…
Para aquellos que vienen a Armenia por primera vez, puede ser un lugar donde se toma rápidamente la decisión de venir aquí de forma permanente. A la ciudad no le falta nada, es limpia y segura, el clima es perfecto, la gente es amigable y el costo de vida no se parece en nada a…
It won’t happen immediately, after all it’s taking us hours to do what a fourteen year old can do in fifteen minutes, but a YouTube channel is in the planning stages. On it we are going to present properties that are worthy of being featured, so our presence there will be irregular and interested viewers…
Over the last 180 days or so, rentals in the better barrios have essentially dried up. Anything that comes vacant, at a fair price, rents within days, so the selection is very limited. Whether that will change in the short term remains to be seen, there are still rentals in what we would term “level…
Owning a home is a keystone of wealth… both financial affluence and emotional security.
