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Event Date | Wed Jul 17 -05 - Fri Jul 19 -05 (over 5 years ago) |
Location |
TBA
Medellin, Colombia |
Region | Americas |
Here’s who should be paying close attention to Colombia in 2019
Cali is now in the expat limelight as an exciting, low-cost destination...
There are five types of people who should pay serious attention to Colombia this year:
The investor: Prices are an absolute, global bargain. Costs of getting in are low, and demand is growing at an accelerating rate. Income investors can still net between 8% and 12%, with investments as low as $25k.
• The retiree: Colombia has become a popular destination for the North American retiree. Retirees can enjoy one of the world’s best climates, low prices, and a wide selection of amenities.
• The second-home buyer: More and more, second-home buyers are now bypassing those old snowbird haunts, like Arizona and Florida, for the romance, excitement, and affordable high-end lifestyle in Medellín.
• The entrepreneur: Over the past few years, scores of entrepreneurs have come on the scene. Many have opened brick-and-mortar businesses. One younger expat I met opened a small hotel… quite a few have opened restaurants and cafés … and several have specialized in real estate or property management. The atmosphere in Colombia is great for those with a good idea and the work ethic to make a go of it.
• The digital nomad: Aside from brick-and-mortar businesses, even more expats have brought portable careers to take advantage of Medellín’s good infrastructure, low property cost, low cost of living, and amazing weather. Here are a few examples:
• Writers
• Web designers
• Day traders
• Currency traders
• Consultants
• Travel bloggers
• Video bloggers