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The Colombian government had initiated several active measures to enable foreign investors buy and sell Colombia real estate listings in a confident and safe manner. The international real estate investors enjoy the same legal rights like the locals. The significant factors that assist global investors in Colombia real estate investments are as follows.


. Foreigners can buy Wholesale Ray Allen Jersey , own, rent, record, or sell real estate properties without any limits.
. They can repatriate the sale proceeds to their country or anywhere else without restrictions.
. Cumbersome documentations had been simplified for easy conclusion of foreign investment in real estate in Colombia.
. The constitutional provision that permitted the government to confiscate any foreign-owned real estate property without compensation had been repealed.
. Properties can be expropriated by the government only for actual social developmental projects or based on other social reasons but this process should be conducted by following the compensation rules and adequate indemnification for the property owners.
. The profit remittance and investment reimbursement conditions that had come into force govern all foreign investments at present and these conditions would not be altered or modified in a manner detrimental to the investors.


The purchase of real estate in Colombia by international real estate investors should be done with the help of a local attorney conversant with Colombia real estate laws and regulations. The first document prepared between the buyer and the seller is the sales contract or the purchase agreement promise. The next step of title recording would ensure that the property genuinely belongs to the seller and no liens, mortgages Wholesale Kareem Abdul-Jabbar Jersey , or other financial commitments exist on the property.


The ownership history and the no-lien certificate could be obtained from the local records office of the government. Any tax dues on the property could be ascertained from the treasury office of the city or the district in which the property is situated. When the international real estate investor is confident about the genuineness of the Colombia real estate for sale or the Colombia rentals, the closing would be done at the office of a Notary. The closing costs would be between 2% and 3% of the property price. From the above, it is clear that Colombia real estate listings could be bought without hassle by foreign investors and medium to long-term profits are definitely possible in the growing Colombian economy.


Taylor White is an international real estate investor and leading the charge at International Real Estate Listings the worldwide leader in Colombia real estate for sale and Colombia rentals. Colombia real estate owners, agents, and developers are encouraged to create an account Wholesale Oscar Robertson Jersey , upload an unlimited number of listings, write as much creative property details, include a You Tube property video, and it will be activated as a basic listing for 6 months, free.

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