Top 10 Reasons to Retire in Colombia

Retirement is the most important decision one must make in his lifetime, especially when deciding where you wish to retire. Many people these days are making plans to retire in countries other than their home countries. They are carefully choosing destinations that are cheaper to live in and also provide all the basic facilities such as healthcare and affordable housing.

While there are many countries that check the boxes, Colombia is emerging as a popular retirement destination.

This vibrant country boasts a low cost of living, surreal landscapes, and rich culture. We are going to mention the top 10 reasons to retire in Colombia, an excellent destination for retirees:

Here are Reasons to Retire in Colombia:

1. Easy Visa Process

Colombia offers an easier visa program that also provides various benefits to retirees. The program offers a five-year renewable visa to foreigners who meet certain financial requirements, such as a stable monthly income. This income can be from a retirement fund, pension, or any other consistent source. The visa also gives them several benefits, such as the ability to open a bank account, purchase a house, and easy access to the healthcare system. You should talk to an expat tax advisor before moving to Colombia to make sure you have your financial affairs in order from a tax standpoint.

2. Affordable Cost of Living

One of the primary reasons retirees are drawn to Colombia is its affordable cost of living. Compared to many other retirement destinations, basic expenses such as housing, transportation, healthcare, and entertainment are considerably lower in Colombia. This allows retirees to live a comfortable lifestyle in Colombia without having second thoughts before spending on anything.

3. Excellent Healthcare System

covering pre-existing medical conditions

Access to quality healthcare is one of the most important factors for retirees, and Colombia boasts a well-developed healthcare system. The country has made significant developments in medical technology and infrastructure, with modern hospitals and clinics located throughout the country. Many doctors and medical professionals are trained internationally, providing excellent care at a fraction of the cost compared to other countries. Additionally, Colombia is emerging as a medical tourism destination, attracting retirees seeking affordable healthcare treatments and procedures.

4. Natural Beauty

From the lush Amazon rainforests to the towering peaks of the Andes Mountains, Colombia’s natural beauty is awe-inspiring, and it is definitely one of the many reasons to retire in Colombia. Retirees can explore the stunning Tayrona National Park with its pristine beaches and crystal-clear waters, embark on a journey to the mesmerizing Caño Cristales, or immerse themselves in the enchanting Cocora Valley, home to the towering wax palms; there is no shortage of landscapes in this country. The country provides endless opportunities for outdoor activities, such as hiking, birdwatching, and wildlife spotting, allowing retirees to embrace nature’s splendor and create lasting memories in one of the most captivating settings in the world.

5. Welcoming Locals

Mingling with locals is one of the greatest challenges when moving to a new country, but it’s not the case here in Colombia. Colombians are known for their kind nature and warm hearts, and also, their friendly behaviours towards foreigners. Known as some of the happiest people on earth, Colombians readily welcome expatriates into their communities. Retirees will find it easy to integrate into Colombian culture, make new friends, and build meaningful connections with locals who are always eager to help each other out.

While Colombia is a very welcoming place, expatriates should use their common sense when out and about, as some areas of Colombia unfortunately have high crime rates.

6. Delicious Cuisine

Colombian cuisine is a gastronomic delight that reflects the country’s diverse cultural influences. From hearty traditional dishes like bandeja paisa and sancocho to delicious street food such as arepas and empanadas, Colombia offers a mouthwatering culinary experience that you are going to love. And let’s not forget the world-renowned Colombian coffee, which is a treat for coffee lovers. Retirees can indulge in a wide array of flavors and tastes, exploring the vibrant food scene and enjoying the country’s unique gastronomy. If you are a foodie, trust us, you’ll never run short of flavors here.

7. Pleasant Weather

Colombia’s pleasant weather is a significant draw for retirees seeking a comfortable and enjoyable retirement life. The country’s proximity to the equator ensures a relatively stable climate throughout the year. With its diverse geography, Colombia offers a range of climates to suit various preferences. It’s tropical along the coast and the eastern lowlands, while it’s a bit colder in the Andes and highlands. But no matter where you decide to live in Colombia, the weather is always bearable.

8. Safety and Security

Colombia has come a long way in terms of safety and security in recent years. Major cities and tourist destinations have experienced a decline in crime rates due to the government’s efforts to improve security measures. Retirees can feel relatively safe and enjoy their life here without constant concerns about personal safety. However, as with any destination, it is advisable to take some precautionary measures and do your research about the place where you decide to live prior to moving.

9. Rich Cultural Heritage

Colombia is a culturally vibrant country with a fascinating history and diverse population. From the ancient ruins of the Lost City to the colonial architecture of cities like Cartagena and Bogotá, Colombia is a treasure trove of cultural experiences. There is always something to explore here. The country’s passion for music, dance, and festivals is contagious, and retirees can immerse themselves in the vibrant local culture and traditions.

10. Easy Accessibility to Other Countries

Colombia’s location in the heart of South America provides easy accessibility to other countries and makes it an ideal base for exploration. Its ideal location allows retirees to move around easily. Retirees can take advantage of the well-connected airports to embark on exciting adventures, such as exploring the Amazon rainforest in Brazil or visiting the ruins of Machu Picchu in Peru, or living a few days in the islands of Panama.

Retire in Colombia offers many advantages that make it an attractive destination for retirees from around the world. But, like with any other country, one can experience any mishap, especially if you suffer from health issues. Though the country has an excellent healthcare system, it is still advisable to buy international health insurance that will cover you in case of any incidence that is not already covered in your visa program. We have a lot of experience in covering expatriates in Colombia and across South America.

Enjoy your retirement life in Colombia!