The short answer is yes, foreign investment is allowed in our country. However, there are two restrictions by law for this type of investment.
According to Decree 1608 of 2015 modified by Decree 119 of 2017 foreign investment is not allowed in companies with economic activities such as “national defense and security” and “management of toxic, hazardous or radioactive waste”.
HEA Consulting Colombia is one-stop-shop for foreigners looking to do business in Colombia. We can help with everything from company formation through to tax structures and even legal or visa considerations. If you found this article interesting and would like more , or if you have any further questions, then please don’t hesitate to get in touch so we can help.
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