ExpatHavenHub Logo
ExpatHaven Hub
Back to Index
Rank #118
Colombia

Colombia

LocationSouth America • UTC-5 • America/Bogota
Monthly Cost
$852
-61% vs USA
Internet
99 Mbps
Mobile Avg

M-11 Retirement Visa

Back

Designed for retirees who receive a pension and wish to live in Colombia. Requires proof of pension income.

Min. Income

$700/month

Per Applicant

Min. Income

Processing

1–2 Months

Average Time

Processing

Validity

3 Years

Initial / Renewable

Validity

Citizenship

5 Years

Years to Apply

Citizenship
Info

Eligibility & Required Docs

Eligibility Requirements

  • CheckmarkProof of pension income
  • CheckmarkClean criminal record
  • CheckmarkValid health insurance

Required Documents

  • CheckmarkPension statements
  • CheckmarkCriminal record certificate
  • CheckmarkHealth insurance policy
Info

Residency Rules

Taxation

Residents are taxed on worldwide income, while non-residents are taxed only on Colombian-source income.

Physical Presence

Must spend at least 183 days per year in Colombia to maintain residency.

Info

Advantages

  • Low cost of living
  • Mild climate
  • Vibrant culture
Info

Disadvantages

  • Language barrier for non-Spanish speakers
  • Bureaucratic processes can be slow
  • Security concerns in certain areas

Compare with

EcuadorRetirement Visa
PanamaPensionado Visa
Costa RicaPensionado Visa