
The Colombian retirement visa, also known as the M-11 visa, is a Migrant visa designed for retirees who receive a pension. It allows retirees to live in Colombia for up to three years at a time.
The Colombian retirement visa, widely sought after by expatriates planning to retire in Colombia, was historically known as the TP-7 visa or “visa pensionado.” However, changes introduced in late 2017 renamed it the Migrant (M) visa under category 11, commonly referred to as the M-11 visa.
The M-11 visa is now valid for up to three years. Initially, applicants may receive a one-year visa, but subsequent renewals often grant a three-year validity. Some applicants may even receive the full three years on their first application. After holding the M-11 visa for five years, you may qualify to apply for a Colombian resident visa.
Under the updated visa regulations in Resolution 5477, holders of all Migrant visas, including the M-11, must remain in Colombia for at least 180 days each year to maintain their visa. Exceeding 180 consecutive days outside the country may result in the visa being canceled upon reentry. If your visa is invalidated, immigration officials may allow you to enter as a tourist, but your previous visa status will be revoked.
The minimum income requirement for the Colombian retirement visa is three times the country’s legal minimum wage. As of 2024, the minimum wage in Colombia is COP 1,300,000 per month, translating to a required monthly pension income of at least COP 3,900,000 (approximately $1,000 USD). Pension payments must be officially certified and legalized to be accepted by the Colombian government. Public pensions are typically easier to certify than private pensions. It is worth noting that the applicable exchange rates for these calculations are not frequently updated by Colombian consulates or ministries.
Private pensions are now accepted under the pension law that went into effect on November 15, 2017. The required pension value adjusts annually for inflation in line with the minimum wage adjustments on January 1.
Applicants for the M-11 retirement visa must submit the following documents:
The Ministry of Foreign Relations introduced new rules under Resolution 5477 on July 22, 2022, which became effective on October 22, 2022. These rules apply to several visa categories, including the M-11 retirement visa. Key updates include:
Navigating the process of obtaining a Colombian retirement visa can be complex. Change of Phase Consulting Ltdspecializes in assisting clients with visa applications, including the M-11 retirement visa. Our team provides comprehensive guidance on document preparation, certification, and submission, ensuring a smooth and efficient process.
For assistance, contact us:
Email: info@copcg.com
Toll-Free: 1-866-960-9296
Colombia offers affordable living costs, high-quality healthcare, and diverse cultural and natural attractions, making it a prime destination for retirees. For those considering additional financial ventures, the Investor Visa provides an option to reside in Colombia through property purchases or business investments, complementing the benefits of the M-11 retirement visa.
Colombia’s flexible visa options, coupled with its welcoming environment for retirees, continue to make it a top choice for expatriates seeking a fulfilling and affordable retirement abroad. Let Change of Phase Consulting Ltd help you make your transition seamless and stress-free.
The Colombian retirement visa, also known as the M-11 visa, is a Migrant visa designed for retirees who receive a pension. It allows retirees to live in Colombia for up to three years at a time.
To qualify for the M-11 visa, you must:
The visa can be valid for up to three years. Initial approvals may be for one year, but subsequent renewals often grant three years.
Yes. After holding the M-11 visa for five years, you may become eligible to apply for a Colombian resident visa.
If you are out of Colombia for more than 180 consecutive days, your visa may be canceled. You would need to reapply or reenter the country as a tourist.
Yes. You must provide proof of health insurance that includes coverage for repatriation of remains. Many retirees purchase traveler’s insurance for this requirement.
Key documents include:
Yes. Private pensions are accepted but are more challenging to certify compared to public pensions. All pensions must be legalized and meet the minimum income requirement.
Your pension certification must be notarized and apostilled. The certification should indicate that your monthly income meets the required amount.
Absolutely! We provide expert guidance on documentation, certification, and submission for the Colombian retirement visa. Contact us for assistance.
Email: info@copcg.com
Toll-Free: 1-866-960-9296
Yes. Recent updates include stricter requirements for health certificates, criminal background checks, and proof of insurance. Notarized and apostilled pension letters are now mandatory.
No, EPS insurance is no longer required for pension visa holders as of October 21, 2022. However, EPS remains an affordable option for general health coverage in Colombia.
Yes. The Colombian retirement visa allows for multiple entries and exits as long as you meet the 180-day residency requirement.
If your visa is canceled, you may still be allowed to enter Colombia as a tourist, but your previous visa status will be invalidated.
Colombia offers affordable living, high-quality healthcare, and a vibrant culture, making it a top choice for retirees. The cost of living is significantly lower compared to many Western countries.
If you have more questions or need assistance, feel free to contact Change of Phase Consulting Ltd at info@copcg.com or 1-866-960-9296. We’re here to make your retirement in Colombia seamless and stress-free!