Expert: MRZ - 8/28/2009

Question
Hello Marta,

we are 2 Belgium people who love to travel and work in South America.One of our dreams is to open a restaurant in Columbia.

Do you know what you need to do to open a small business like this in Columbia as being Belgium?

For example in Argentina you need to invest 30 000 USD...things like that.

thank you

Guy

Answer
Hi Guy,
In order for you to be able to obtain an investors visa in Colombia and be able to remain legally here you have to invest at least $100.000 USD, however you can break that up in a business and a home, or even just a home.
Let me know if that answers your question.
Thanks
Marta