Learnings from a Real Estate Investor in Colombia
When I spent time in Cali, Colombia, I spent time with Patrick from Denmark who has been active in the local real estate market for many years. He was kind enough to answer questions on his learnings and mistakes that he made along his journey.
Real the full analysis on investing in real estate in Cali: https://thewanderinginvestor.com/international-real-estate/making-a-real-estate-investment-in-cali-colombia-the-next-frontier/
Get in touch with Patrick: spanfelner@gmail.com
Time stamps:
00:30 Real estate scams in Colombia
02:20 Things to watch out for when buying real estate in Colombia
03:35 Bureaucracy in Colombia
06:00 The "Strata system" for real estate investments in Colombia
07:20 Investing in short term rentals in Colombia
08:00 Landlord rights in Colombia
08:45 Getting money in and out of Colombia
10:00 Financial transaction tax in Colombia
Full article on Medellin real estate: https://thewanderinginvestor.com/international-real-estate/making-a-real-estate-investment-in-medellin-colombia/
Full article on Bogota real estate: https://thewanderinginvestor.com/international-real-estate/is-it-too-early-to-make-a-real-estate-investment-in-bogota-colombia/
How to obtain residency in Colombia: https://thewanderinginvestor.com/foreign-residencies/how-to-obtain-residency-in-colombia/
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💵 Remotely open a bank account in Panama: https://thewanderinginvestor.com/offshore-banking-for-individuals/the-pros-and-cons-of-opening-a-bank-account-in-panama-as-a-non-resident/
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🚀 Create a crypto trading company in Panama:
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No part whatsoever of the discussion and presentation is, or should be considered as, investment advice, financial advice, legal advice, or tax advice. Always do proper due diligence and speak to a qualified professional advisor in your jurisdiction. Also, be advised that Ladislas Maurice and The Wandering Investor staff may own real estate or investments in the specific markets or opportunities that are discussed. The Wandering Investor may also have marketing agreements in place with certain opportunities that are mentioned.
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