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Managing retirement savings in Colombia

Cheryl

Hello everyone,

Saving for retirement as an expat in Colombia can be challenging. With different options, rules or even taxation, expats have to understand how it works to make informed decisions. We invite you to share your insights in order to help other expats and soon-to-be expats manage or plan their retirement savings in Colombia.

How do you handle retirement savings in Colombia?

Have you faced any challenges accessing pension funds from your home country (or from other countries)? How do you deal with taxation or the currency exchange rates?

What local options are available to expats, either public or private, to help you save for retirement?

What are the most popular private pension or investment plans popular among expats in Colombia?

What do you wish you had known earlier about saving for retirement as an expat?

Thank you for your contribution.

Cheryl
½ûÂþÌìÌà Team

See also

Living in Colombia: the expat guideRemuneration structure in ColombiaQuestion about the Tourist Permit ShuffleTrying to get citizenship and another countryRetiring in ColombiaSafety from Scopolomine - bank accounts - phone apps - passwordsManaging mailboxes or PO boxes in Colombia
Medellin_bound

@Cheryl

There is double taxation in Colombia, and an agreement with Florida, USA, where they get reports of SSN information from.  Now, with the withdrawal of funds from the USA as international assistance, and the discord between presidents, the problem might increase for USA migrants to Colombia.