Minimum income
$1,382/mo
COP 5,252,715 a month
Stay
36
months, renewable
Application fee
$177
Tax
Worldwide
Worldwide Income Tax (if resident 183+ days)
Path to staying
- Residence permit36 months
- Renew36 months at a time
- Permanent residencyafter 5 years
- Citizenshipafter 5 years
- Permanent residency 5 years
- Citizenship 5 years
- Dual citizenship allowed
- Language required for citizenship
Overview
- Country
- Colombia
- Program
- Retirement Visa
- Local name
- Visa M — Pensionado
- Type
- Retirement
- Status
- Active
- Initial duration
- 36 months
- Renewable
- Yes (36 mo)
- Min stay
- 180 days per 12 months
Three-year migrant visa for retirees with a guaranteed lifetime pension of at least 3 SMMLV (~$1,382/month). Renewable indefinitely and counts toward permanent residency.
Financial requirements
- Income requirement
- COP 5,252,715/mo (~$1,382 USD)
- Pension requirement
- $1,382/mo
- Application fee
- $177
Eligibility
- Criminal record check required
- Health check not required
- Health insurance required
Work rights
- Employment not allowed
- Self-employment not allowed
- Own a business allowed
- Work permit included no
Family and dependents
- Dependents allowed
- Yes
- Spouse included
- Yes
- Max child age
- 25
- Parents allowed
- Yes
Benefits and mobility
- Bank account can open
- Property purchase allowed
- Public healthcare access granted
Tax
- Tax regime
- Worldwide
- Regime name
- Worldwide Income Tax (if resident 183+ days)
- Foreign income taxed
- Yes
- Capital gains taxed
- Yes
How to apply
- Method
- online
- Processing time
- 5–30 days
- Apply from abroad
- Yes
Notes
2026 SMMLV is COP $1,750,905, so 3 SMMLV = COP $5,252,715/month (~$1,382 USD). Income must be lifetime/guaranteed — lump-sum savings not accepted. Must spend at least 180 days/year in Colombia; absence of 180+ consecutive days may result in cancellation. Travel all-risk insurance required (accidents, illness, maternity, disability, hospitalization, death, repatriation). Minimum wage increases ~9-12% annually, raising the threshold each year.
Also in Colombia
Colombia also offers a digital nomad visa for remote workers