Colombia Retirement Visa

Retire in Colombia with a path to residency with the retirement visa

The Retirement Visa in Colombia: Your Path to a Comfortable Life Abroad

Colombia has become an increasingly popular destination for retirees seeking a high quality of life, a welcoming culture, and affordable living. The Colombian Retirement Visa (Visa de Residente Pensionado) offers a straightforward pathway for retirees to enjoy their golden years in this beautiful South American country.

In this comprehensive guide, The Law Connection Group Colombia explains everything you need to know about the Retirement Visa—its benefits, eligibility requirements, application process, and other essential considerations.

What is the Retirement Visa?

The Colombian Retirement Visa, officially known as the M-11 Migrant Visa, is a residence permit tailored for foreign retirees who receive a stable pension or retirement income. This visa is ideal for individuals looking to enjoy Colombia’s affordable cost of living, high-quality healthcare system, and vibrant culture while securing legal residency in the country.

To qualify, applicants must demonstrate a minimum monthly pension income of at least three times the Colombian minimum wage, which is adjusted annually. This pension income must come from a government entity, social security, or a private pension fund. The visa is typically granted for up to three years and can be renewed as long as the applicant continues to meet the financial requirements. After maintaining the M-11 Visa for five consecutive years, retirees may become eligible to apply for a permanent resident visa, granting them long-term stability in Colombia.

Holding a Colombian Retirement Visa provides numerous benefits, including access to public and private healthcare, the ability to open local bank accounts, and opportunities to integrate into Colombia’s diverse expat communities. Whether settling in bustling cities like Bogotá and Medellín or opting for tranquil coastal towns, retirees can experience an excellent quality of life with warm weather, welcoming locals, and a relaxed pace of living.

Benefits of the Retirement Visa

Long-Term Residency & Stability

The M-11 Retirement Visa provides a residency period of up to three years, allowing retirees to establish a stable and comfortable life in Colombia. With the option to renew, retirees can maintain their legal status in the country without frequent visa applications. This extended residency period also enables expats to build meaningful connections, integrate into local communities, and truly embrace Colombian culture.

Affordable Cost of Living

One of the biggest advantages of retiring in Colombia is its low cost of living compared to many Western countries. Housing, groceries, dining, transportation, and entertainment are significantly more affordable, allowing retirees to stretch their pension income further while maintaining a high quality of life. Whether choosing to live in bustling cities like Medellín or Bogotá or opting for tranquil coastal areas like Cartagena or Santa Marta, retirees can find affordable living options that suit their lifestyle and budget.

Access to High-Quality Healthcare

Colombia’s healthcare system is ranked among the best in Latin America, providing world-class medical services at a fraction of the cost compared to the United States and Europe. Many doctors are trained internationally, and hospitals in major cities like Medellín and Bogotá offer state-of-the-art facilities. With the Retirement Visa, foreigners can enroll in Colombia’s public or private healthcare system, ensuring access to high-quality and affordable medical care, including specialized treatments and prescription medications.

Ease of Travel & Mobility

The Colombian Retirement Visa includes multiple entries and exits, allowing retirees the freedom to travel without restrictions. Whether returning home to visit family, taking vacations in nearby countries, or simply exploring different regions of Colombia, visa holders can enjoy the flexibility to travel without jeopardizing their residency status. Colombia’s central location in South America also makes it a convenient base for exploring destinations like Ecuador, Peru, Brazil, and beyond.

Pathway to Permanent Residency & Citizenship

After holding the M-11 Visa for five consecutive years, retirees become eligible to apply for permanent residency, eliminating the need for future visa renewals. This provides even greater security and simplifies long-term planning. Additionally, after maintaining permanent residency for five more years, retirees may apply for Colombian citizenship, granting them the full rights and benefits of a Colombian national, including the ability to hold a Colombian passport.

By securing the Colombian Retirement Visa, retirees can enjoy financial security, high-quality healthcare, travel flexibility, and the potential for permanent residency, all while experiencing Colombia’s rich culture, warm climate, and welcoming communities.

Requirements for Applying

To qualify for the Colombian Retirement Visa, applicants must meet the following eligibility criteria and provide the necessary documentation. Meeting these requirements ensures a smooth application process and increases the likelihood of approval.

1. Stable Pension Income

Applicants must demonstrate a stable, verifiable pension income equivalent to at least three times the Colombian minimum wage. The minimum wage is adjusted annually, and as of 2024, this requirement translates to approximately USD $850 per month.

Acceptable Proof of Pension Income:

Official pension statements issued by a government entity or private pension provider.
Bank statements showing regular pension deposits over the past three to six months.
A certified letter from the pension provider confirming the amount, frequency, and source of income.

It is important that all financial documents be translated into Spanish and apostilled or legalized in the applicant’s home country before submission.

2. Valid Passport

The applicant must have a valid passport that meets the following conditions:

At least six months of validity remaining at the time of application.
Sufficient blank pages for visa stamps and future renewals.
A clear, readable scan of the main passport page and any pages with previous Colombian visas (if applicable).

3. Health Insurance Coverage

Colombian immigration authorities require proof of health insurance coverage valid in Colombia for the duration of the visa. This ensures that retirees can access medical services without relying solely on the public healthcare system.

Health Insurance Requirements:

Coverage must include hospitalization, emergencies, and routine medical care.
The policy must remain active for the full duration of the visa (up to three years).
The insurance provider can be Colombian or international, but the policy must be valid within Colombia.
A certified letter or policy document from the insurance provider, translated into Spanish if issued abroad, is required as proof.

4. Clean Criminal Record

Although not always requested, Colombian immigration authorities may require a background check to verify that the applicant has no serious criminal history. This is especially relevant for applicants who have resided in multiple countries.

Criminal Record Requirements:

A police clearance certificate from the applicant’s country of residence (or any country where they have lived in the past five years).
The document must be apostilled or legalized before submission.
If the document is issued in a language other than Spanish, it must be translated by an official translator.

5. Certified & Translated Documents

All official documents must be properly certified, translated, and legalized to be accepted by Colombian immigration authorities.

Translation & Legalization Requirements:

Documents issued in English or any other language must be translated into Spanish by an official translator.
Certain documents, such as pension statements and criminal records, must be apostilled or legalized depending on the applicant’s country of origin.

Step-by-Step Application Process

Applying for a Colombian Retirement Visa involves several key steps, from gathering the necessary documents to completing the online application and finalizing your residency upon arrival. Below is a detailed guide to ensure a smooth and successful application process.

Gather the Required Documents

Before starting your application, make sure you have all the necessary documents prepared:

Valid Passport
- Must have at least six months of validity remaining.
- Ensure there are blank pages available for visa stamps.
- Submit clear photocopies of the main passport page and any previous Colombian visas.
Proof of Pension Income
- A pension certification letter from a government or private pension provider confirming your monthly income.
- Bank statements from the past three to six months, showing consistent pension deposits.
- Documents must confirm a pension income of at least three times the Colombian minimum wage (approximately USD $850 per month in 2024).
Health Insurance Policy
- Must cover medical emergencies, hospitalization, and routine healthcare in Colombia.
- The policy should be valid for the full duration of your visa (up to three years).
- Can be issued by a Colombian or international provider but must explicitly cover Colombia.
Recent Passport-Sized Photographs
- Meet Colombian visa photo requirements (3x4 cm, white background, no glasses, neutral expression).
Additional Documents (If Requested)
- Criminal background check (only if required by Colombian authorities).
- Proof of address in Colombia, such as a rental contract or hotel reservation.

Translate and Authenticate Documents

Colombian immigration authorities require all non-Spanish documents to be translated and, in some cases, legalized or apostilled.

Official Translation
- Documents issued in English or any other language must be translated into Spanish by a certified translator.
- Common documents requiring translation include pension statements, bank statements, and criminal background checks.
Apostille or Legalization
- Certain documents, such as pension certifications and background checks, must be apostilled (if your country is part of the Hague Apostille Convention) or legalized by the Colombian consulate in your home country.

Failing to meet these requirements can result in delays or rejection of your visa application.

Submit Your Application Online

The Colombian Retirement Visa application is submitted through the official website of the Colombian Ministry of Foreign Affairs.

Steps to Apply Online:

Visit the Colombian Ministry of Foreign Affairs Visa Portal.
Create an account and log in to the online system.
Complete the electronic application form, providing personal information and visa details.
Upload scanned copies of all required documents in PDF format.
Attach your passport-sized photo in JPG format.

Carefully review all information before submitting the application to avoid errors that may delay processing.

Pay the Visa Application Fee

Visa application fees vary depending on your nationality and the type of visa requested.

Payment Methods:

Online payment through the Ministry’s secure payment platform.
In-person payment at an authorized Colombian bank or consulate (if applying from abroad).

You will receive a confirmation receipt after successful payment.

Await Processing and Additional Requests

Processing Time:

Standard processing takes 10 to 15 business days.
The Ministry of Foreign Affairs may request additional documentation or clarification, which can extend processing time.

Possible Interview:

Some applicants may be required to attend a virtual or in-person interview at a Colombian consulate or immigration office.

You can track your application status online and will receive an email notification once a decision has been made.

Receive Your Visa and Complete Registration

Visa Approval & Digital Issuance

If approved, your Colombian Retirement Visa will be issued electronically.
Download and print the visa, which will serve as proof of residency when entering Colombia.

After arriving in Colombia, you must register your visa with Migración Colombia within 15 days of entry.
This step is mandatory to maintain your legal status.

Obtain a Cédula de Extranjería (Foreigner’s ID Card)

Once registered, you must apply for a Cédula de Extranjería, Colombia’s official foreigner identification card.
This ID allows you to open bank accounts, sign contracts, and access public and private services.

Tips for a Successful Application

Applying for a Colombian Retirement Visa (M-11 Visa) can be a straightforward process if you take the right steps to ensure your application is complete and error-free. Below are some essential tips to help improve your chances of approval and avoid unnecessary delays.

Ensure Accuracy and Completeness

Colombian immigration authorities are strict about documentation requirements, so it is crucial that all paperwork is complete, accurate, and properly formatted before submission.

Double-check that all forms are correctly filled out with up-to-date personal information.
Ensure that pension statements clearly show regular deposits meeting the minimum income requirement.
Verify that bank statements and insurance policies include all necessary details such as your full name, account numbers, and coverage period.
If any document is missing or contains errors, the application may be delayed or rejected, requiring resubmission.

Taking the time to carefully review your documents before submitting them can prevent frustrating setbacks.

Work with Legal Experts for a Smoother Process

The visa application process, while straightforward, can become complex due to changing regulations, documentation requirements, and legal nuances. Errors in submission can lead to rejection, which may result in lost time and additional costs.

Seeking assistance from immigration professionals like The Law Connection Group Colombia can help you navigate legal requirements, ensuring that everything is properly completed and filed.
Legal experts can advise you on any special cases, such as pension qualifications, alternative proof of income, or additional requirements for dependents.
They can also assist in the translation and legalization process, making sure all documents meet the necessary standards for approval.

By working with professionals, you reduce the risk of errors and increase the likelihood of a successful application on the first attempt.

Start the Application Process Well in Advance

Planning ahead is essential, as processing times can vary depending on workload, additional document requests, or government office delays.

Submit your application at least two to three months before your intended move to Colombia to allow enough time for approval.
Consider potential delays in document translation, apostille, or legalization, which can take several weeks in some countries.
If you are applying from outside of Colombia, check the processing times at your local Colombian consulate, as they may differ from applications submitted online.
If additional documents or clarifications are requested, responding promptly can help keep the process on track.

Starting early ensures that you have ample time to handle any unforeseen complications.

Understand Tax Implications for Long-Term Residency

Living in Colombia as a retiree may have tax implications, depending on the length of your stay and your financial situation.

Foreign retirees who spend more than 183 days in Colombia per year are generally considered tax residents and may be required to declare their worldwide income.
Some types of foreign pensions may be exempt from Colombian taxes, but not all—consulting a tax professional can clarify what applies to you.
You may need to file tax returns in both Colombia and your home country, depending on tax treaties between the two nations.
If you have investments, rental income, or business interests, it’s essential to understand how Colombian tax laws affect your financial planning.

Speaking with an experienced tax advisor before your move can help you avoid unexpected liabilities and ensure compliance with Colombian tax regulations.

Be Thorough and Proactive

By following these tips—ensuring accuracy, working with legal professionals, planning ahead, and understanding tax obligations—you can greatly increase your chances of a smooth and successful Colombian Retirement Visa application.

Taking the time to prepare properly will not only make the process easier but also allow you to focus on enjoying your new life in Colombia stress-free.

Healthcare for Retirees in Colombia

One of the most significant advantages of retiring in Colombia is the access to high-quality, affordable healthcare. Colombia’s healthcare system is consistently ranked among the best in Latin America, offering world-class medical services at a fraction of the cost compared to the United States, Canada, and many European countries.

With a Colombian Retirement Visa (M-11 Visa), retirees are eligible to enroll in the national healthcare system, known as EPS (Entidades Promotoras de Salud), or opt for private health insurance for more personalized and expanded coverage.

1. Public Healthcare System (EPS) for Retirees

The EPS system is Colombia’s universal healthcare program, which provides comprehensive medical services at low monthly costs. It is managed by both public and private health providers, ensuring broad coverage and affordable access to hospitals, doctors, and medications.

Benefits of EPS Enrollment:

Low Monthly Premiums
- The cost of EPS coverage typically ranges between $30 to $80 per month, depending on income and provider.
Access to High-Quality Medical Services
- Includes general practitioners, specialists, emergency care, surgery, hospitalization, and prescription medications.
Nationwide Coverage
- EPS allows retirees to receive care at hospitals, clinics, and medical centers across Colombia.
Preventative and Chronic Care Management
- Regular check-ups, vaccinations, and chronic disease management (such as diabetes and hypertension) are included.

How to Enroll in EPS:

Obtain your Cédula de Extranjería (Foreigner’s ID Card) after receiving your retirement visa.
Choose an EPS provider (e.g., SURA, Sanitas, Compensar, Nueva EPS, Coomeva).
Submit an application with required documents, including proof of identity and visa status.

While EPS is an excellent option for retirees, waiting times for specialist appointments and certain procedures can be long due to the system’s popularity. For this reason, many expatriates choose private health insurance as an additional layer of coverage.

2. Private Health Insurance for Enhanced Coverage

For retirees seeking shorter wait times, access to private hospitals, and more specialized treatments, private health insurance is an attractive alternative or supplement to EPS.

Advantages of Private Health Insurance:

Faster Access to Specialists and Treatments
- Private plans reduce wait times for doctor appointments, surgeries, and diagnostic tests.
Access to Colombia’s Top Private Hospitals
- Leading hospitals such as Fundación Santa Fe de Bogotá, Clínica del Country (Bogotá), and Clínica Medellín offer world-class medical care.
Coverage for International Treatment
- Some private plans include coverage for medical treatment outside of Colombia, including in the U.S. or Europe.
More Personalized and English-Speaking Care
- Private clinics often cater to expatriates and provide English-speaking doctors and staff.

Cost of Private Health Insurance in Colombia:

Monthly premiums typically range between $100 to $300, depending on age, medical history, and coverage level.
Many international insurance companies, such as Cigna, Allianz, and IMG, offer expat health insurance policies that cover care in Colombia.

3. Colombia’s World-Class Medical Facilities

Colombia is home to some of the best hospitals and medical centers in Latin America, with several institutions ranking among the top hospitals worldwide. The country has highly trained doctors, modern medical equipment, and a growing medical tourism industry due to its low costs and excellent care quality.

Top-Ranked Hospitals in Colombia:

Fundación Santa Fe de Bogotá (Bogotá) – A prestigious private hospital known for specialized care and advanced treatments.
Clínica del Country (Bogotá) – Offers excellent general and specialized medical services, including English-speaking staff.
Hospital Pablo Tobón Uribe (Medellín) – One of the top hospitals in Latin America, known for its cutting-edge technology.
Clínica Medellín (Medellín) – A top choice for expatriates looking for high-quality care at affordable prices.
Fundación Cardiovascular de Colombia (Bucaramanga) – Specializes in cardiovascular health and is highly regarded for medical research.

4. Medical Tourism and Affordable Treatments

Many retirees in Colombia take advantage of the country’s low-cost but high-quality medical services.

Routine medical check-ups and specialist consultations cost significantly less than in North America or Europe.
Dental care, cosmetic surgery, and eye procedures are among the most affordable and popular treatments for retirees and medical tourists.
Prescription medications are widely available and much cheaper than in the U.S., with many common drugs sold over the counter.

A Healthcare System That Supports Retirees

Colombia offers retirees exceptional medical care at an affordable price, whether through the EPS public system or private health insurance. With access to world-class hospitals, highly trained doctors, and modern medical facilities, retirees can enjoy a high quality of life with peace of mind knowing they have reliable healthcare options.

By enrolling in EPS or a private plan, retirees can ensure they receive the best medical care possible while enjoying their new life in Colombia stress-free.

Why Choose The Law Connection Group Colombia?

Navigating Colombia’s immigration system can be challenging without the right support. At The Law Connection Group Colombia, we specialize in assisting retirees with their visa applications, ensuring compliance with all legal requirements and maximizing your chances of success.

Our services include:

Document preparation and translations.
Legal advice on residency and tax obligations.
Assistance with obtaining the cédula de extranjería.

We are dedicated to making your transition to life in Colombia as smooth and stress-free as possible.

How Can We Assist You Today?

If you are looking for assistance with a Retirement Visa in Colombia, contact us today for a free consultation.