Digital Content or Information Technology Entrepreneurship
In an increasingly globalized world, Colombia has positioned itself as an attractive destination for digital nomads and entrepreneurs in the field of digital content and information technology (IT).
Colombia’s new V Visa for Digital Nomads offers a unique opportunity for those wishing to start a venture in this country.
This article explores the details, requirements and benefits of this visa, as well as the type of ventures that are of interest to the country.
What is the V Visa for Digital Nomads?
Colombia’s V Visa for Digital Nomads is designed for foreigners who work remotely and wish to reside temporarily in Colombia while continuing with their work activities.
This visa is also available for those interested in starting a digital content or information technology venture that is of interest to the country.
Specific Requirements for the V Visa for Digital Nomads
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Holders of a Short Stay Visa Exempt Country Passport
To be eligible for the V Visa, the applicant must hold a passport issued by one of the countries or territories exempt from short-stay visas under the current Resolution.
This facilitates entry and stay in Colombia for short periods of time.
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Motivational Letter
Entrepreneurs must submit a letter of motivation explaining in detail their entrepreneurial project, including the financial and human resources they have or aspire to have.
This letter is crucial to demonstrate the seriousness and viability of the project.
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Minimum Income
It is necessary to demonstrate a minimum income equivalent to three Minimum Legal Monthly Wages in Force (SMLMV) during the last three months.
This can be done through bank statements that reflect financial stability.
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Health Policy
Applicants must have a health policy with coverage in the national territory against all risks in case of accident, illness, maternity, disability, hospitalization, death or repatriation.
The policy must cover the expected time of stay in Colombia.
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Validity and Beneficiaries
The visa is valid for up to two years and allows the inclusion of beneficiaries, i.e., family members of the principal holder may also apply for it.
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Restrictions
This visa does not allow to work or develop remunerated activities with legal or natural persons domiciled in the national territory.
Businesses of Interest to Colombia
Colombia is interested in attracting ventures that contribute to the development and modernization of the country.
Among the ventures of greatest interest are:
Digital Content
The creation and distribution of digital content is a growing industry in Colombia.
Projects that focus on the production of educational content, entertainment, digital marketing, and audiovisual production are highly valued.
Information Technology
Information technology startups that develop software, mobile applications, cybersecurity solutions, artificial intelligence, and big data are of great interest.
Colombia seeks to position itself as a technological hub in Latin America and supports initiatives that promote innovation and digitalization.
E-commerce and Digital Platforms
Projects that facilitate e-commerce and the use of digital platforms for various services are also welcome.
These initiatives contribute to the country’s digital economy and promote technological inclusion.
Benefits of the V Visa for Digital Nomads
Flexibility and Networking Opportunity
Residing in Colombia allows digital nomads and entrepreneurs to connect with a growing community of professionals and entrepreneurs.
The flexibility to work from anywhere while enjoying the country’s attractions is a great benefit.
Affordable Living Costs
Colombia offers a relatively low cost of living compared to other countries in the region, which allows entrepreneurs to optimize their resources and live comfortably while developing their projects.
Government Support
The Colombian government is implementing various policies and programs to support entrepreneurs, including financing, training, and access to networks of mentors and investors.
Conclusion
The V Visa for Digital Nomads is an excellent opportunity for those looking to start a digital content or information technology venture in Colombia.
With clear requirements and tangible benefits, this visa facilitates temporary residence in a country that values innovation and technological development.
If you are a digital entrepreneur, Colombia is waiting with open arms for you to be part of its growing entrepreneurial ecosystem.
Cybergraphy
- Cancillería Colombia – Digital Nomad Visa
- Procolombia – Opportunities for Entrepreneurs
- Resolution 5488 of 2022 – Short-Stay Visa Exempt Countries
- Resolution 5477 of 2022
With this guide, digital nomads and entrepreneurs have all the necessary information to start their adventure in Colombia, taking advantage of the opportunities that the country offers in the digital content and information technology sector.