The Colombia Pension Visa

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The Colombia Pension Visa or Retirement Visa: was created for retired persons receiving income from their own country. This visa is grant for 1 year at a time and you have to renewed with original documents every year. You have to receive 3 times minimum salary in monthly bases to qualify for the retirement / pension visa. $616,000 pesos is 2014 minimum salary, so you must gain $1,848,000 pesos per month. Divide this amount by the current exchange rate and you will find 970 dollars is the new rate for 2014 (if the dollar is at 1,900 pesos). The government does tend to renew people that qualified under lower amounts on previous years. If you come close they have been known to approve applicants as well. Remember you can not legally work on a pension visa, so if you have questions about running a small business in Colombia check out ColombiaBusinessVisa.com.

 

Retire in Colombia Cheap: Check out our resources below, including a cheap ebook on Amazon.com on how to retire cheap in Colombia, by Russell Freeman. Due out soon is his 2014 update on his book, this will be the second releast. Investment ideas for forunate persons who can afford it include buying and converting old houses into income properties, such as renting small furnished apartments or rooms to foreigners to supplement your income in Colombia. For more on this please visit the folks at Paradise Realty in Medellin (click here).

 

The Ministry of Foreign Relations and Colombian Consulates do not update the rate they use on a daily or weekly basis. The duration of this visa is one year, and after 5 years can be converted to a RESIDENT VISA (AKA PERMANENT VISA, but after July 2013 is limited to 5 years).

Types of Retirement Pensions: It's very important to remember that the Colombian government only likes to accept official government pension certifications. Letters from private pension plans or savings accounts will be difficult to get approved. Please note that consulates in different locations, and/or countries look at applications differently. Developed countries may be easier "in some cases" to get approvals in when compared to poorer countries.


The Colombian Cedula for Foreigners (Cedula Extranjeria)

After the Visa is approved online you will have a maximum of 15 days to register your visa AND apply for the Colombian "Green Card", properly known as the ID for foreigners, (Cedula Extranjeria). We also fill out the required forms and documents for the cedula. This document takes between 1-2 months to arrive at your local immgiration office in Colombia. We also fill out forms and guide our customers throught the Cedula process. This is a bit tricky the first time but with our services you will save your self from alot of headaches. We will also help you obtain a Colombian bank acccount after you receive your Colombian ID card and visa at no extra charge as well. *some remote regions of Colombia are not easy to work with, but we partner with bank offices in many major cities.

Resources on life and visas in Colombia:

retire in colombia cheap(Free preview on this great book at amazon.com)
(click here)

Expat Guide to Retirement in Colombia
(Retire in Colombia Cheap)

Colombia Reports article on Retiring in Colombia: One of the world’s top retirement destinations

Like our Facebook Group to get Visa News Updates Instantly:
www.Facebook.Com/ColombiaVisa

Forbes 2013 Top Places to Retire
www.forbes.com

Commercial Real Estate Investments:

www.ParadiseRealtyMedellin.com

 

Learn about the other types of Colombian Visas here:
www.ColombiaVisas.com
Commercial and Immigration Law
by James LIndzey

Colombia Pension Visa Fees Summarized:

Ministry / Consular Visa Fee + Ministry / Consular Application Study/Application Fee

220 USD Visa + 50 USD Visa Study Fee

After July 2013 US Citizens must pay 220 Visa Fee

Professional Immigration Services for Visa

$760,000 Pesos / $400 USD (renewals are 50% off)
Includes free assistance obtaining Colombian Foreign ID Card and opening a bank account!

Apostille(s), Translations(s), Legalization(s)
*example fees, may vary depending on country, state, , providence, and origin ofdocument

65 - 95 USD (Legalize Social Security Benifits for Example)

117 - 171.000 COP (Ejemplo de legalizear Benificios de Seguridad Social de Estados Unidos) Colombian Pesos

Messenger, Mail, and Notary Fees

$20 USD up to $100 USD

$36.000 CP up to $180.000 Colombian Pesos

Professional Services for ID Card

FREE - Included in Visa Package

Colombian Immigration Office ID Card Fee

$80 USD

 

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Basic Requirements for the Pension Visa:

The entire process takes about 1 week to 10 days to get the pension document you have certified by a notary, colombia visa facebook groupapostillized, translated and legalized by the Colombian government. Once your pension document is considered legal by Colombia we can apply for your visathrough the new Electronic Colombian Immigration System. After the visa is approved it can be picked up by our legal messenger service in Bogota. With courier times this takes approximately 1 week to complete. Like our facebook page to stay up to date on visa law, policy, and news updates. www.facebook.com/colombiavisa

 

1. Passport with 2 blank visa pages, and valid for at least three (3) months. (we can add pages to passports and renew passports with the American Embassy in Bogota. This process takes 2 weeks)

 

2. Photo Requirements after July 2013: 3cm x 4cm photo. All photos used in application must be taken with a digital camara and saved to CD. If you are in the USA DO NOT use USA passport photos. You must find a graphic artist or a photo shop that will take pictures in centemeters.

 

3. Photocopies of the biographical photo page, and last entry or exit stamp to Colombia. This depends on wether or not you are in Colombia when you apply for the visa. (remember if you use our services you do not need to travel to a Consulate, or to Bogota.)

 

4. One original of the Visa Application Form completely filled out, which should be used to aid in completing the online application. The online application works well 50% of the time, but periodically fails, so it is recommended that you have professional help to avoid having to travel to bogota or a consulate when it is not necissary..

 

5. Apostillized Original pension certificate issued by the proper authority be it a government, a public or private enterprise; or by a foreign company, in which it is stated that the applicant receives a pensiono This certificate must be duly legalized by the Colombian Consul or APOSTILLED, whichever applies.

 

IMPORTANT NOTES:
IF YOU USE VTI (Visas y Tramites Internationales) SERVICES YOU DO NOT NEED TO TRAVEL TO A CONSULATE OR BOGOTA TO GET YOUR VISA. WE CAN DO ALL OF THIS VIA OUR LEGAL MESSENGER SERVICES IN COLOMBIA. MANY COUNTRIES ALLOW YOU TO ENTER INTO COLOMBIA VIA A TOURIST VISA / STAMP.

We will help you by writing letters and assisting in completing immigration forms necessary for the visa application, in addition to professional consultations regarding your particular situation. Every case is individual and has special circumstances.


CONTACT JAMES LINDZEY FOR MORE INFORMATION REGARDING THIS VISA AT: JAMES@COLOMBIAVISAS.COM - Dont forget Colombia does not have a U in the spelling.

 

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