Grow Your Workforce in Colombia

Income Tax in Colombia

Residents are subject to tax on their worldwide income. Nonresidents are subject to tax on their Colombian source income only.

Colombia has progressive income tax rates ranging from 0% to 39%.

Social Security in Colombia

Both employers and employees are required to make social security contributions. The contribution amounts are as follows:

Pension

• Employer contributes 12% of employee's salary.
• The employee contributes 4% of the salary.
• Employees earning more than 4 minimum monthly wages (COP 4,640,000) must contribute an additional 1% to the pension solidarity fund.
• Employees earning more than 16 minimum monthly wages (COP 18,560,000) must contribute an additional percentage between 0.2% to 1% depending on salary.

Health

• Employer contributes 8.5% of employee's salary.
• An employee contributes 4% of salary.
• For employees earning less than 10 minimum monthly wages (COP 11,600,000), the employer's 8.5% health contribution does not apply.

Professional Risks (Occupational Hazards)

• Employer contributes between 0.522% to 6.96% of employee's salary based on the risk level of the employee's occupation.

Work Visas Colombia

Here is a selection of visas available to work in Colombia.

• Work Visitor Visa ("V" Visa): This visa allows individuals to work while visiting Colombia and stay for 180 days of the year.
• Migrant Visa ("M" Visa): This visa is for individuals who want to move to Colombia for an extended period and work while living there. It allows stays in Colombia ranging from 180 days to three years.
• Resident Visa ("RE" Visa): This long-term visa entitles the holder to live and work in Colombia for more than three years.
• Digital Nomad Visa ("V" Visa): This visa allows holders to enter and work in Colombia for up to 180 days of the year without needing to work for a Colombian employer.