Colombia Expat Tax Guide 2025
FEIE, Foreign Tax Credits, banking, visa options & filing strategies for US expats in Colombia.
How Colombia Taxes Work
Colombia's tax system: Worldwide income for tax residents (183+ days).
FEIE vs Foreign Tax Credit
FEIE covers US tax. Colombia taxes residents at progressive rates (0–39%). Foreign Tax Credit may offset some Colombian tax.
The FEIE allows you to exclude up to $130,000 of foreign earned income from US taxation in 2025.
Social Security & Self-Employment Tax
Colombia does not have a totalization agreement. Self-employed US expats will owe US SE tax (15.3%) regardless of local contributions.
Banking for US Expats
Bancolombia accepts foreign residents. Wise recommended for transfers.
Visa Options
Digital Nomad visa (2 years), Migrant visa, or Investment visa.
Cost of Living
Low — $1,200–$2,200/month in Medellín or Bogotá.
Frequently Asked Questions
Do US expats in Colombia need to file US taxes?
Yes. US citizens must file regardless of where they live. The FEIE can exclude up to $130,000.
Should I use FEIE or FTC?
FEIE covers US tax. Colombia taxes residents at progressive rates (0–39%). Foreign Tax Credit may offset some Colombian tax.
What is the cost of living?
Low — $1,200–$2,200/month in Medellín or Bogotá.
Compare FEIE vs FTC vs Combined strategies for Colombia.
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