as someone who lives almost exclusively in Air bnb's, I hate the way so many governments are cracking down on them. making them illegal or making it very difficult for hosts.
I’ve always liked this dude . His videos helped me before I got to Medellin- his cost of living videos are a bit off lol. He’s telling you what you need to hear in this video
Im scared to death to buy property in Colombia because i dont want to get scammed. I sold a house in new York city and put that money into a 5% savings account with capital one and use that interest to support my life and pay my rent in Colombia
hi i bought a house in Columbia and want to see what is best to sell it or rent it as a Airbnb and if you know of a good app where I can put it or a good lawyer thanks
Hi Caleb. Very informative and helpful Thank you! I will be in Medellin a few weeks. Would it be possible to book a face to face consultation in person? William
@@CaleMcMartin I was wondering the same. Thanks for the clarification! Ps my wife is Colombian and I graduated from ISU in 14. She owns a place in Cali so if we ever make it out to Medillin, I'll be sure to hit you up. Go clones!!
Hey Cale, I was wondering what your thoughts are on the wealth tax that was just passed by Petro and the Colombian government? I live here outside of Medellín for 6 months out of the year and have just been renting an apartment for the last few years and traveling with the tourist stamp. I would like to live in Colombia full time and buy a property but this wealth tax is really worrying me. Your thoughts would be much appreciated
It looks like the rule change only applies to properties valued more than 1.000.000 peso. I understand the concern though because it seems like everything this administration does is to destroy business in the country. It is ironic to me they are coming out with a wealth tax, what wealth does colombia even have to tax lol. Rant aside I think if you're investing in tourism properties you will be fine. Medellin also seems to be much more immune than any other region to these crazy policies.
@@CaleMcMartindo you think the only wealth Colombia has comes from tourist that move there to open businesses? 😂this response shows how much you know about this place. I hope they start taxing people that come here to rip off benefits and to make everything more difficult to access for locals.
as someone who lives almost exclusively in Air bnb's, I hate the way so many governments are cracking down on them. making them illegal or making it very difficult for hosts.
I’ve always liked this dude . His videos helped me before I got to Medellin- his cost of living videos are a bit off lol. He’s telling you what you need to hear in this video
This is amazing. Thank you for this information 🙏
Im scared to death to buy property in Colombia because i dont want to get scammed. I sold a house in new York city and put that money into a 5% savings account with capital one and use that interest to support my life and pay my rent in Colombia
Man why does the government make things so dificult there? They need to catch up with the times
I just left today and I am Looking to start an Airbnb there soon looking forward in talking with you soon before I start.
I’m sorry I couldn’t catch the type of business you mentioned that operates at taxes of 4% gross . Would you mind sharing again? Thanks
hi i bought a house in Columbia and want to see what is best to sell it or rent it as a Airbnb and if you know of a good app where I can put it or a good lawyer thanks
Very informative. Thank you!
Amazing content...Bro!! 👍👍💰
Hi boss, thanks for the video. I wanted to ask can you rent your space for over 30days without having to provide an RNT? Many thanks
Very amazing video ❤
4% tax vs 35%. What is the catch? or I misunderstood
🎉🎉🎉❤❤❤ Love New Content!!
Top 👍👍👍.. Hi from Cartagena
Hi Caleb. Very informative and helpful Thank you! I will be in Medellin a few weeks. Would it be possible to book a face to face consultation in person? William
Do you have a Business VISA?
Is it only possible to get rnt if you are the owner? To do airbnb arbitrage it wouldnt be possible to do this right?
We’ve done it. It’s just a specification you have to make on the application
@@CaleMcMartin I was wondering the same. Thanks for the clarification! Ps my wife is Colombian and I graduated from ISU in 14. She owns a place in Cali so if we ever make it out to Medillin, I'll be sure to hit you up. Go clones!!
Do you have to pay taxes to the U.S since you are a U.S citizen? double taxes in colombia and U.S ? ouch
In the US yes I still have to report but there is the feic for $120k and the rest I can deduct taxes I pay in colombia
Hey Cale, I was wondering what your thoughts are on the wealth tax that was just passed by Petro and the Colombian government? I live here outside of Medellín for 6 months out of the year and have just been renting an apartment for the last few years and traveling with the tourist stamp. I would like to live in Colombia full time and buy a property but this wealth tax is really worrying me. Your thoughts would be much appreciated
It looks like the rule change only applies to properties valued more than 1.000.000 peso. I understand the concern though because it seems like everything this administration does is to destroy business in the country. It is ironic to me they are coming out with a wealth tax, what wealth does colombia even have to tax lol. Rant aside I think if you're investing in tourism properties you will be fine. Medellin also seems to be much more immune than any other region to these crazy policies.
@@CaleMcMartin only 1 million pesos? that doesnt sound right. thats only $223US.
@@CaleMcMartindo you think the only wealth Colombia has comes from tourist that move there to open businesses? 😂this response shows how much you know about this place. I hope they start taxing people that come here to rip off benefits and to make everything more difficult to access for locals.