5 Things To Know About Living in Colombia: US Expatriates Living Abroad

Поделиться
HTML-код
  • Опубликовано: 4 ноя 2024

Комментарии • 210

  • @Eddie-ud4bb
    @Eddie-ud4bb Год назад +20

    I was in Bogota.. I was impressed by the amount of bicycles.. & how they embrace using them... dedicated lanes for them... & also.. they close whole roads on Sundays to get people out on them

    • @quintilonetax
      @quintilonetax  Год назад +4

      The one thing I love about Colombia is exactly what you mentioned, closing the roads on Sunday or holidays for everyone to exercise or enjoy a walk with their family in the streets. This is something many other countries should take note of.
      -Dylan

  • @mikegargano3233
    @mikegargano3233 Год назад +17

    I love the tropical aspects of Colombia! Great video

  • @jameskramer6901
    @jameskramer6901 Год назад +31

    I live in Cali , Colombia for about 6 months out of the year …. and live on a retirement salary …. With my wife , who is also retired …. Definitely cheaper …. and live very comfortably …. The other half is in the Pennsylvania and have a camper that we do traveling with … at campgrounds …. Definitely love my life the way it is now .

    • @quintilonetax
      @quintilonetax  Год назад +4

      Thank you for the comment James.
      I have only passed through Cali on my way to Popayan. In my short time in the city, it seemed just as culturally diverse as Medellin and Bogota. One thing everyone is suggesting is exploring the cost of living/lifestyles between the major cities in Colombia. There is a lot of content already on this topic and I would like to cover this with my personal experiences while living in country.
      Again, thank you for the comment. -Dylan

    • @Wise.Wealth.Wisdom.
      @Wise.Wealth.Wisdom. Год назад +3

      James Kramer, I would love to get to the point that I could retire and spend part of the year in the Nevada / Utah area and spent half the year in South America (especially Colombia 🇨🇴)

    • @jameskramer6901
      @jameskramer6901 Год назад +2

      @@Wise.Wealth.Wisdom. ….. I love it !!
      Especially Since my Granddaughters where born …. They are my everything

    • @jameskramer6901
      @jameskramer6901 Год назад +1

      My Son and Grandchildren live here in Cali …. It is exhilarating and exhausting …. But wouldn’t trade this life for anything …. For that we go back to PA for rest at different campsites …. You’ll get there my friend ….. Time will fly by before you know it . I waited 20 years for this ….. and still wonder where all the time went .

    • @Wise.Wealth.Wisdom.
      @Wise.Wealth.Wisdom. Год назад

      @@jameskramer6901 great story! Thank you!

  • @emhchannel2842
    @emhchannel2842 10 месяцев назад +6

    Good video. Been living in Colombia (mostly Medellin) for 5 years. One more thing to add to your bureaucracy point: Don't make plans to get anything done on most Mondays. In Colombia, if it's a Monday chances are it's a holiday.

  • @YoungOthello
    @YoungOthello Год назад +8

    Great video! I’ll keep you in mind when I move to Colombia next year

    • @quintilonetax
      @quintilonetax  Год назад +2

      Thank you for the comment. You will really enjoy the country. Reach out when you are ready! -Dylan

  • @dovygoodguy1296
    @dovygoodguy1296 Год назад +7

    One thing worth noting is that the bureaucratic challenges and other challenges present obstacles in the interest in living permanently in foreign countries, as opposed to merely spending several months in the winter....

  • @nadicmark-4077
    @nadicmark-4077 Год назад +8

    Great video and info, I also come from Orlando and I live in a small town 2 states up northeast of Antioquia, please make yourself more visible on the facebook expat groups....

    • @quintilonetax
      @quintilonetax  Год назад +7

      Thank you! I’ll try my best with getting back on Facebook. I’ve been off Facebook for a few years and the Medellin and Colombia expat groups were very valuable to learn more about the visa processes and finding apartments. I’ll create an account shortly and get back in some of those communities.
      Thank you- Dylan

    • @JamesGreenier
      @JamesGreenier Год назад

      Me as well. It’s wonderful

  • @jamesbraun7709
    @jamesbraun7709 Год назад +4

    been to Colombia many times , always had a goof time .

  • @MatteoBlanco
    @MatteoBlanco Год назад +9

    Dollars are awesome! Remote lifestyle! Love you mentioned dollar amounts to put into perspective!

    • @quintilonetax
      @quintilonetax  Год назад +3

      The dollar has been very strong throughout 2022. It has caused a significant exchange rate movement in non major currency pairs such as the Colombian Peso. The Colombian Peso traded around $1 dollar to 2,500 COP when I first went to Colombia. Now the peso is fluctuating near $1 dollar to 5,000 COP. Just crazy the movements in these exchange rates.
      -Dylan

  • @luisdelagarza8635
    @luisdelagarza8635 8 месяцев назад +5

    Hello Dylan- I moved to Colombia as a retired Texan- bc i knew that SS income was not going to work in the USA- I worked 44 years-went bankruptcy in 2013 - retired in 2020 the I spent covid in Panama the moved to Colombia-so I looked for Shelter.Food, health insurance - and you can have that, but I'm alone and only have to care for myself so far at 70 yrs old - I don't need a wife or a steady girfriend-but I'm not aggresive either, yes the women are beautiful, but the human condition is the same the modern world over- here in Colombia they are on the cell phones all the time too.

  • @bestlandhomeschool
    @bestlandhomeschool 2 месяца назад +1

    This is good and thorough video. Lots of things to consider when moving to Colombia, even for Colombian born-American citizens.

  • @charlesclay6694
    @charlesclay6694 Год назад +7

    Cool Video!

  • @cindaladahling1706
    @cindaladahling1706 Год назад +1

    Thanks for your videos, Dylan! Very helpful information.

  • @wickman.r4662
    @wickman.r4662 Месяц назад +1

    Thank you for view of Museo de Cuidad Medellin. Most tourists walk past that Museo not knowing it exists on highest point at the panoramic vista at Púeblito Paisa. The Museo has smaller scale replicas of many excellent art sculptures found throughout the Medellin city region.

  • @carlo6912
    @carlo6912 Год назад +5

    Good advice, thank you.

  • @danielalcivar8921
    @danielalcivar8921 Год назад +4

    Good afternoon Dylan, nice video, lots of info.

    • @quintilonetax
      @quintilonetax  Год назад

      Thank you for the positive comment! -Dylan

  • @davidcruise4978
    @davidcruise4978 Год назад +8

    I don't pay taxes in the United States on my social security, do I have to pay taxes on my social security in Colombia?

    • @PoshPilgrim1776
      @PoshPilgrim1776 4 месяца назад

      That is an excellent question. Would make the difference between moving there or to another country that doesn't tax pensions or social security.

    • @ufosrus
      @ufosrus 28 дней назад

      Are you kidding me? We do. 🤔

  • @wickman.r4662
    @wickman.r4662 Месяц назад

    Medellin is 60 to 85 Fahrenheit all 12 months; modest amount rain is plenty to keep everything green. I like swimming in some of the 10 pools at the Estadio Olympic complex which is a 6 minutes walk from my $12 USD per night Airbnb.

  • @dovygoodguy1296
    @dovygoodguy1296 Год назад +11

    Hi Dylan. Would it be possible to do an indepth interview about all the taxes affecting life and expats? Like import taxes, VAT, income taxes, tax exemptions, especially in comparison to other countries....

    • @quintilonetax
      @quintilonetax  Год назад +7

      Thank you very much for content recommendations. This helps me pick a direction for the content.
      Absolutely, we are making more financial geared content for US expats. I am a little bit busy at the moment. I manage quite a few client investment portfolios actively trading/investing, as well as tax filing season is crushing me (licensed investment advisor/enrolled agent).
      Just the other day, I made some content about the Colombian Peso, explaining the different notes and usability depending on the denomination. That will more than likely be the next video released, hopefully in the next day or two (schedule depending). I can talk about the taxes affecting expats, but keep in mind, I am licensed by the IRS and when I speak about foreign taxes, there are things I can and can not say due to not having licenses in the specific countries/jurisdictions. I will do my best to explain these topics and approach them from an educational stand point. I look forward to publishing this content!
      -Dylan

    • @ParisianThinker
      @ParisianThinker 4 месяца назад

      @@quintilonetax It is important to let Americans know their taxes on their 401k's and IRA's are going up in 2025. Is there anything to do that can help them lower their taxes? I am a widow since Jan. 2024. I need help. Could converting an IRA into a Roth help me? I am already required to take distributions for the last 6 years.

  • @AndyZaturno
    @AndyZaturno 7 месяцев назад +1

    Congratulations on this video! I loved it. Welcome to Columbia.

  • @edr681
    @edr681 Год назад +2

    Hi Dylan. Thanks for the video. Very good insight on some of the aspects of living in Colombia!
    I’m coming to Medellín early October to explore the possibility of living there.
    A couple questions I have are:
    1. Would you have any good information on obtaining a residency visa & starting the process before I arrive?
    2. You mentioned the Spanish curriculum for your learning…we’re you doing in-person/instructor-led courses?
    Thanking you in advance for any info you can share!
    -Ed

  • @daveyvane
    @daveyvane Год назад +5

    To compare, Costs in Thailand are about 38 cents on the dollar

    • @quintilonetax
      @quintilonetax  Год назад +4

      Yes, that is cheaper than Colombia. But one thing to factor is the close flights to the USA. You are only 3 or so hours away from the Southern USA. Thailand is a day travel from the US. Being able to fly back to the US at a moments notice is a big benefit to living abroad in a country such as Colombia. Thank you for the comment. -Dylan

  • @brianjones7521
    @brianjones7521 Год назад +2

    Helpful video, not only for tax info. Hope you share your perspectives on cultural topics in future videos. Subscribed.

  • @Eddie-ud4bb
    @Eddie-ud4bb Год назад +6

    I was in Bogota... people said it was dangerous.. we were there for a week.. didn't feel that.. but we also didn't go out @ night cuz we didn't know

    • @quintilonetax
      @quintilonetax  Год назад +9

      There is a level of danger in every Colombian city. Anyone who disputes it isn't telling the entire truth. When we lived in Bogota Calle 134 near Exito Nuevo Country, I was mugged and had my IPhone stolen. A motorcycle robber saw me pull out my phone at an intersection and grabbed it before I even knew what happened.
      Looking back at that situation, I should not have had my fancy IPhone out in my hand near a street. I put myself in that situation and I am grateful that no one was hurt. So now I make sure to not show any valuables when out and about.
      The thing that surprised me the most was when I got a replacement phone and the robber tried impersonating Apple as if they found my phone. They were trying to get me to enter my Icloud pass-code so they could unlock the phone, reset it to sell it. Of course I did not respond to the message, but it is clear there is sophistication to the petty crime in Colombia.
      Crime can happen in any major city, don't let the fear of crime in Colombia deter you from living your life as you normally do. Take precautions at all times.
      -Dylan

    • @ParisianThinker
      @ParisianThinker 4 месяца назад

      @@quintilonetax So sorry to hear this. It really makes me afraid to come alone as a woman to Colombia. Such a beautiful country that has so many who are disrespectful and violent.

  • @gabrielhollnagel6373
    @gabrielhollnagel6373 9 месяцев назад +1

    Hi there! You seem to explain things good. One question I’ve been having a hard time with is me and my Colombian wife have already been married here in the US but when we go back to Colombia we are trying to figure out if they just recognize our marriage from America or should we just get re married there for purposes of me because I want to gain my Colombian citizenship and if so they seem to want me to prove that I’m not married in order to marry her but we have already been married ..if that makes sense?

  • @La-huh
    @La-huh Год назад +3

    It’s very simple its not cheap for Colombian earning people its cheap if you bringing US dollars , its as cheap or expensive as you earn us Dolllars and spend in US.

    • @quintilonetax
      @quintilonetax  Год назад +1

      Thank you for the comment. That’s a perfect summation. It is expensive for Colombians, and foreigners benefit from the currency exchange rate. The US dollar has tremendous purchasing power in Colombia.
      -Dylan

  • @Jackie-jq5sw
    @Jackie-jq5sw Год назад +1

    Well done.Good info.Thanks

  • @MatteoBlanco
    @MatteoBlanco Год назад +6

    That intro was funny 😂 5 things I wish I knew ! And looks down 😅

  • @jameskramer6901
    @jameskramer6901 Год назад +7

    There are American Communities in Cali that are really nice …. But higher end in cost of living .

    • @quintilonetax
      @quintilonetax  Год назад +4

      I think in all of the major cities there are "gringo" neighborhoods that seem higher cost of living and more upscale in nature. In Medellin the neighborhoods are Poblado, Laureles (near nutribara) Sabaneta, areas of Envigado. Up the mountain is Las Palmas and Llano Grande.
      In Bogota, we lived near Usaquen in the north. Parque 93 and Zona Rosa were very upscale as well. Bogota is so big and diverse, you could spend years exploring that city and never see everything. Truly a mega city.
      -Dylan

    • @jameskramer6901
      @jameskramer6901 Год назад +1

      I haven’t visited many places yet beyond 3 hour drives of Cali …. But am sure that there are a lot of American communities …. I know a lot of Americans that have businesses in Colombia 🇨🇴 and live near their businesses . Many probably kin American Communities .

    • @ParisianThinker
      @ParisianThinker 4 месяца назад +1

      @@quintilonetax Could an elderly woman live there alone who is just now learning Spanish?

  • @douglasworlund3195
    @douglasworlund3195 Месяц назад

    Hey Dylan. Great video. My family is planning on leaving the USA. Columbia is on the list of potential landing spots. We are planning on traveling there later this year to see what it's like. Any suggestions or input to make it a more impactful research trip would be appreciated.

  • @EricF647
    @EricF647 Год назад +3

    Thank you 👍

  • @Lola-qw1ih
    @Lola-qw1ih 4 месяца назад

    As a Colombian who travels there every two years I can testify that it’s very true about legal documents and paperwork. Colombians are very analytical and serious about any legality stuff with everyone not just foreigners. It gets to the point where it feels like a hassle and impossible with the help of a local who can guide you in the process.

  • @KatieThomasCreative
    @KatieThomasCreative Месяц назад

    This was a great video, so many things I totally agree with. Im an Australian Expat living in Colombia and I find things like taxes very overwhelming. I know you specialise in tax for Americans, but do you, or do you know of any professionals that do this for other nationalities like Australians?

  • @ayosukses5037
    @ayosukses5037 Год назад +4

    The best video

  • @dovygoodguy1296
    @dovygoodguy1296 3 месяца назад

    Hi Dylan. What's your take in Pereira? It seems it's a good alternative to Cuenca, for us older folks better climate, less air pollution and fires than Medellin, which is noisy and crowded.....and isn't Bogotà just like Medellin? Especially if you want to escape places like NYC, but if you come from a mild Canadian climate (besides the winter)?

  • @dovygoodguy1296
    @dovygoodguy1296 Год назад +7

    Dylan, can you tell us something about retired people in Cartagena, their cost of living, and also about the air pollution problem? Can you compare Cartagena and Medellin?Thanks.

    • @quintilonetax
      @quintilonetax  Год назад +3

      Thank you for the comment. My ties to Colombia are Medellin and Bogota. I have visited Cartagena a few times and I think this could be a good topic to cover comparing costs of living between the cities.
      A little background about my family and I. My wife is a Paisa. Her family lives in a tiny city in Caldas called Riosucio, which is known for El Carnaval de Riosucio, the "Devil Carnival". I have traveled all over from pueblos in Antioquia, Bogota, Cali, Popayan, Cartagena and the Coffee Triangle. The cost of living between cities and pueblos can vary significantly, so can the quality of life. All very good details to share in future videos.
      Again, thank you for the feedback and I will do my best to create more content about my time and experiences in Colombia!

    • @dovygoodguy1296
      @dovygoodguy1296 Год назад

      @@quintilonetax Thanks, Dylan. I've seen so many negative comments about Colombia cities, especially air pollution, humidity and crowdedness.

    • @quintilonetax
      @quintilonetax  Год назад +3

      @@dovygoodguy1296 Pollution is a problem in the major cities. Particulate matter from cars, motorcycles and old dump trucks fills the air with a haze.
      When I lived in Medellin, it was such a problem that we needed to mop the floor on a daily basis to remove the soot. I was told by fellow expats that the soot was caused by the lack of refining process in the gasoline and when internal combustion engines burn the fuel, it outputs a dirty soot into the air.
      The pollution really depends on the city. Medellin is surrounded by mountains and the smog can't easily escape. It acts like a bowl that traps the pollution.
      Bogota is on a high steppe and the pollution hangs over certain areas of the city more than others. It depends how close you are to the mountains in Bogota for smog problems.
      In Cartagena, the ocean breeze and tropical downpours tend to wash the smog out of the air. I never noticed smog or air pollution in Cartagena.
      But keep in mind, this isn't a developed country. There is major pollution problems. The government and citizens are doing everything to change this and a lot of the pollution problems are driven by socioeconomic circumstances.
      There are more rural areas of the country and outside the cities that have the extremely clean air and environment. Some of the freshest air I have inhaled has been in the mountains of Colombia.
      -Dylan

    • @dovygoodguy1296
      @dovygoodguy1296 Год назад +2

      @@quintilonetax Wow, but we see that if it's not pollution then it's crime, and what you find in Bogotá or Cartagena. Alas, I guess if I were your age I'd try what you're doing. But at my stage I'm looking for quiet and calm with amenities even away from North America that's going down the drain. But it's hard to find what I'm looking for.

    • @quintilonetax
      @quintilonetax  Год назад +3

      @@dovygoodguy1296 I live a quiet and calm life. My wife and I have 1 daughter and we are expecting a baby boy in the coming months. The calm and quiet lifestyle is definitely possible in Colombia.
      You would be best suited to living outside of the major cities and exploring places like Santa Marta, Pereira or maybe even pueblos. You need to live in a large enough city or close to one, so you can visit large stores like Exito, Home Center or other big box stores. Have fast and reliable internet. And the ease to travel to an international airport in case you need to return to the United States.
      Keep in mind, Colombian's like to party late into the night and play loud music into the early morning. So quiet really depends on the city and your neighbors. It isn't like the US where the neighbors shut off their music by 10:00 pm to not disturb the neighbors...
      -Dylan

  • @carefulconsumer8682
    @carefulconsumer8682 Год назад +3

    How did you learn Spanish? Too bad there is no direct flight from big cities like Houston. Thanks for the info.

    • @quintilonetax
      @quintilonetax  Год назад +7

      Mi esposa, jaja 😅. When I met my wife she only spoke Spanish and I was immersed in the language very quickly. Amazingly, my wife didn’t speak English when I met her, now after 4 years she is perfectly fluent. I would say the easiest way to learn language is by surrounding yourself with only Spanish speakers and picking it up on the go. I took a few courses in college, but learning in Colombia was much quicker. -Dylan

    • @carefulconsumer8682
      @carefulconsumer8682 Год назад +1

      @@quintilonetax Thank you.

    • @JohnnieV
      @JohnnieV Год назад +1

      There are direct fkights from dallas , new york, orlando, miami.

  • @allenparker13
    @allenparker13 3 месяца назад

    Hey Dylan, I have to tell you that this is one the best videos I've ever seen on preparing to move to Colombia. I've been coming to Colombia a long time and information sources like this were scarce at best. I'm going to reach out to you on Whatsapp and hope we meet in Rio Negro or Medellin one day. Hablo espanol tambien, Again Great Job!

  • @wickman.r4662
    @wickman.r4662 Месяц назад

    Very very slow this summer getting Cedula. I paid on July 4 for my Cedula, now on September 18 my cedula is not yet available from Bogota. I need the Cedula for international money transfer pick up at Exito supermarket.

  • @PreparationdobleH
    @PreparationdobleH Год назад +3

    If you want to see slow, getting the green Cardin the US is extremely snail slow almost next to impossible

    • @quintilonetax
      @quintilonetax  Год назад +1

      My wife acquired her US green card while we lived in Colombia, it took about 14 months. We had to interview at the US Embassy in Bogota. -Dylan

  • @nellywilmerding6304
    @nellywilmerding6304 Год назад +1

    Hi Dyland, we will like to move to Colombia. My husband needs a Visa
    I am Colombian. We have filed for visa
    In Colombia. Not luck. We are back in the
    States. Will you recomend to go to DC.
    It was very hard to do it in Colombia.
    How much do you charge?

  • @whypanamanow
    @whypanamanow Год назад +1

    Traveling from the east to the west coast is 6 hours by airplane

  • @AdventureswithAsher
    @AdventureswithAsher Год назад +1

    Hello Dylan, very informative video. Do you pay income tax in Colombia on your Social Security Benefits from USA if you become a tax resident in Colombia. Thank you very much

  • @robertstonecurl1184
    @robertstonecurl1184 2 месяца назад

    Love that you do taxes in Colombia. I'm a law student interested in tax law and moving to Colombia. Will keep watching, great stuff

  • @JOHNNYJAMS08
    @JOHNNYJAMS08 Год назад +3

    I'm wondering how fast is the internet service can one have in Columbia? I have a at-home internet business so I would need a very fast download AND more importantly upload speed. So what can one expect out there?

    • @quintilonetax
      @quintilonetax  Год назад +2

      In Colombia, the major cities have fiber and high speed internet service. It depends on your provider, but the latency is low and speeds are fast. In the pueblos and small towns, the internet service can be hit or miss. Many pueblos have old copper lines and geographical limitations for building out the internet infrastructure. Many of the small towns need line of site and radio towers to relay the signal from larger cities. So there is higher latency and slower speeds in the pueblos. The big cities are comparable to any North American city for the service provided. -Dylan

    • @TheCOCOMEDELLIN
      @TheCOCOMEDELLIN Год назад +1

      Movistar es de 1000 GB y solo vale en dólares 60 $

    • @NicholeRojas-r8i
      @NicholeRojas-r8i Год назад

      ColOMbia*

  • @joannr3799
    @joannr3799 Год назад +2

    Thank you for all the insight. I live in New Jersey in the U.S. born and raised. My husband is from Itagui he has dual citizenship. We are planning to live 6 months in Medellin and 6 months in the U.S. I will contact you for your services so I can get my Residence Visa in Colombia. In the meantime, I will definitely learn espanol!

    • @nellywilmerding6304
      @nellywilmerding6304 Год назад

      Have you started your visa. Any luck with Colombia visa?

    • @quintilonetax
      @quintilonetax  Год назад

      Thank you for watching our videos and let me know when you move to Colombia. We can grab a tinto together. We have some new content coming soon from Medellin and Bogota. -Dylan

    • @dr.vincentprice3754
      @dr.vincentprice3754 Год назад

      ​@@nellywilmerding6304z8

  • @nelson.dcandelario9610
    @nelson.dcandelario9610 Год назад +2

    Geno , where in Colombia are you located

  • @emdprez
    @emdprez 4 месяца назад

    Great info. Looking to move to Colombia and still work in the US. Is it possible to have a US bank with funds that are accessible in Colombia? Mainly to not have to have a “Colombian” bank account.

    • @quintilonetax
      @quintilonetax  4 месяца назад

      Thank you for the comment. Yes, you can use your US bank while residing in Colombia. It’s possible to use any visa or master card debit card at a Colombian ATM and withdraw Colombian pesos. The exchange rate will vary between 3-5% less than the spot rate, but yes it is possible. -Dylan

  • @therehastobesomethingmoore
    @therehastobesomethingmoore Год назад +1

    We think we may retire in Manizales….

  • @andrewjones2155
    @andrewjones2155 6 месяцев назад

    Thanks great video 🙏

  • @FantasticlifeDIY
    @FantasticlifeDIY Год назад +1

    my 2 israelis friends want to go and they are excited, if I did not have kids I ll be there

  • @dovygoodguy1296
    @dovygoodguy1296 22 дня назад

    Dylan, do you have any videos about obtaining the M Visa?? Especially for retirement age people?

    • @quintilonetax
      @quintilonetax  21 день назад

      I recently went through the Trespaso for my R Visa. I’m happy to chat about the visa over a call, I can share my personal experiences. My Colombian colleagues and I recently filmed some content about finances between both countries. We hope to post content in the coming weeks. -Dylan

  • @timlewis2605
    @timlewis2605 Год назад +8

    Thanks for the video. How are the taxes in Colombia compared to the U.S.?

    • @quintilonetax
      @quintilonetax  Год назад +8

      Taxes really depend on the type of income and overall financial situation of the taxpayer. Colombia can be neutral tax country for lower and moderate income levels. As you get into higher income and asset levels, taxes can end up being more than the US.
      Keep in mind, using tax strategies such as the Foreign Tax Credit and Foreign Earned Income Exclusion shifts your worldwide taxation burden and tax residency to Colombia. It’s best to look at the specific tax situation of the individual to make a determination of how much tax they could owe.
      I would focus on other factors before making a decision to live in Colombia. The culture and people were my motivation to establish residency here, taxes came second or third on my priority list.
      Thanks for the comment! -Dylan

    • @jameskramer6901
      @jameskramer6901 Год назад +2

      Taxes are much lower here in Columbia compared to the U.S.
      Also medical is penny to the dollar compared to the states …. I get as much as my medical and dental work done while my wife and I are here ( 6 months out of the year)
      Language is definitely going to be your biggest challenge …. Luckily my wife is from Colombia and helps a lot with my language barriers as I improve on my Spanish …. It is highly recommended that you hook up with someone that is from Colombia for a while ….. or you could put yourself in great danger ….. I can’t stress that enough .

  • @altairn5
    @altairn5 11 месяцев назад +7

    Please be aware that the cost of living in the country is high for locals. The impact of Americans n other expats on housing prices in cities like Medellin is significant , making it difficult for Colombians to afford apartments

    • @Jarason11
      @Jarason11 8 месяцев назад

      OMG. This is so true, I also live in Colombia as an expat and the Colombian life (for locals) is very difficult compared to how it is for US Citizens.

    • @DavidThomas-me6pi
      @DavidThomas-me6pi 7 месяцев назад

      I hope it doesn't keep increasing because I want to live there when I retire.

  • @williamvonharten1722
    @williamvonharten1722 5 месяцев назад

    How difficult and/or expensive is it to establish legal residency, as a retiree from the US in Colombia? Have you done a video about that?

  • @ransomemckissick8184
    @ransomemckissick8184 Год назад +2

    Hi Dylan! I am a Legal Documents Assistant and I am going for my EA , and taking the California Bar Exam in July 2023. How difficult is it to run a virtual tax practice from Medellin, Colombia?

    • @ParisianThinker
      @ParisianThinker 4 месяца назад +1

      What is an EA? Did you go to law school or is that not required in California? California has lots of rules made especially for certain groups.

    • @ransomemckissick8184
      @ransomemckissick8184 4 месяца назад

      @@ParisianThinker yes I went to a virtual law school. An enrolled agent is authorized to represent taxpayers before the irs

  • @MikeDunn1
    @MikeDunn1 6 месяцев назад +2

    Im moving to Medellin

  • @Wise.Wealth.Wisdom.
    @Wise.Wealth.Wisdom. Год назад +4

    Great video

    • @quintilonetax
      @quintilonetax  Год назад +1

      Thank you for bringing me to Cartagena. It opened my eyes to a whole new culture and changed my life forever for the better.
      -Dylan

  • @petebutler5139
    @petebutler5139 5 месяцев назад

    Awesome video and thanks for the pointers. I will be retiring in seven years and my wife and I will reside in Medellin 4 to 6 months out of the year. She is paísa from Itagüí so it should be easy enough. However, the tax reporting is something I will definitely need help with, if you’re still in business. I’ve logged your company name and contact information so be on the lookout in the next few years. God bless.

    • @quintilonetax
      @quintilonetax  5 месяцев назад

      Thank you for the comment. Based on staying less than 183 days, you may not be a tax resident. There are other qualifying criteria to declare income in Colombia and we are here when you are ready to talk.
      Yes, we work with expat clients all throughout Colombia. My WhatsApp is +1 407-864-2702. We are in this for the long haul, so when you are ready to talk about taxes between both countries, we will be here. -Dylan

  • @currenteventsenthusiast9477
    @currenteventsenthusiast9477 Год назад +2

    Who is the woman in your thumbnails? Is that your wife that you met in Medellin

    • @quintilonetax
      @quintilonetax  Год назад +3

      Yes, that’s my wife Laura. She helps me in my tax business and edits my videos -Dylan

  • @stevebbuk9557
    @stevebbuk9557 9 месяцев назад

    Bogota is too cold for me. Is there a happy medium between the capital and Santa Marta?

  • @andresarbelaez7676
    @andresarbelaez7676 Год назад +5

    That's not true a Lot of people have studied english and haven't been in college

    • @quintilonetax
      @quintilonetax  Год назад +1

      Thank you for your comment. I’ve met many people from many different socioeconomic backgrounds in Colombia. The most fluent English speakers I have encountered in Colombia tend to come from higher education or Colombians that have lived in the USA or other English speaking countries. That’s not to say people without education can’t speak English, I’m just sharing my experience about who I have encountered with the highest levels of English. -Dylan

  • @Lola-qw1ih
    @Lola-qw1ih 4 месяца назад

    I loved your video! Will definitely keep you in mind for tax purposes!

  • @debfinch2741
    @debfinch2741 Год назад

    Do you know what a Canadian obligation concerning Canada Taxes?

  • @oscarmarroquin7081
    @oscarmarroquin7081 Год назад +3

    I love how americans say expatriates just to avoid to say immigrant... You're only immigrants with privileges!

    • @Websrchr
      @Websrchr 7 месяцев назад +1

      Not all expatriates are immigrants; some are residents, not citizens. They may be in the country on a temporary basis, like working for a foreign company, for a fixed term of several years.

    • @Xyww2
      @Xyww2 5 месяцев назад

      North American as colombians are in the American continent

  • @captainsinghdevendersingh
    @captainsinghdevendersingh 5 месяцев назад

    I am surprised you guys think Colombia is much cheaper. Colombia is very expensive specially when compared with USA
    You guys will understand the real value at the time of emergency
    Wake up guys, don’t be superficial about your surroundings. Try mindfulness and use it to help yourself
    All the best guys

    • @PoshPilgrim1776
      @PoshPilgrim1776 4 месяца назад

      You can get a nice one-bedroom apartment in a major Colombian city for $500 according to my research. It is easily $1500 for a one bedroom in most US cities and often more expensive. Where in the US is it cheaper? I'll move there instead!

  • @samuelhernandez8950
    @samuelhernandez8950 Год назад

    Im thinking of moving there but how do i get a Residency?

  • @Eddie-ud4bb
    @Eddie-ud4bb Год назад +3

    I moved to Costa Rica from NJ. Same thing w/ bureaucracy.. tedious.. pain in the b*tt... (can I say b*tt? :)

    • @quintilonetax
      @quintilonetax  Год назад +3

      Costa Rica is on the radar for many US expats. It's on my list of countries to visit, but those with a Colombian passport (my wife) need a visa to visit. -Dylan

    • @ParisianThinker
      @ParisianThinker 4 месяца назад

      @@quintilonetax Many friends left Costa Rica due to drugs and crime and the greater expensiveness the country has undergone. I also think healthcare is better in Colombia.

  • @ohno-zx4if
    @ohno-zx4if Год назад +2

    Does Colombia still allow 90 day tourists visa to extend for another 90 days or are you forced to do a border jump when your original 90 days is close to expiring.

    • @andreclark2472
      @andreclark2472 Год назад +1

      Get a student visa for one year and go to a school to learn Spanish.

    • @davedavis5926
      @davedavis5926 Год назад +1

      No, you do not have to leave just file for an extension 30 days before expiration. You can do it online- I hired a visa service for $100 and had it in one week.

  • @jlynnburton9718
    @jlynnburton9718 Год назад +1

    "Try it out for a few month's" exactly how long did you stay your 1st time in Colombia ?
    How many different cities did you explore other than Cartagena ?

    • @quintilonetax
      @quintilonetax  Год назад +1

      I lived in Colombia for close to 2 years. My family and I live between Colombia and Florida right now. I visited Cartagena, Cali, Popayan, Pereira, Caldas, many pueblos in Antioquia, and Medellin.
      When we lived full time in Colombia, we lived in Laureles in Medellin for a period of time and Usaquen in Bogota. My wife is a Paisa and from Medellin. Thank you for your comment. -Dylan

  • @seanslattery6366
    @seanslattery6366 24 дня назад

    Good info. Just a bit bizzare that you would say you wish you knew that you need to speak at least a intermediate level of spanish to live in colombia , thats pretty much common sense unless you live in a gated community of expats, and if thats the case , you would be missing out on life and just existing . Anyways . Buena suerte . Otherwise everything you said is pretty acurate .

  • @briandempsey3157
    @briandempsey3157 5 месяцев назад +1

    Buena suerte. I'm a future client.

  • @freerange6739
    @freerange6739 Год назад +4

    If you stay in Colombia more than 183 days a year you have to file Colombian income tax on your world wide income. That includes Social Security. Right now it is about anything over 12000 dollars and the rates aren't cheap.

    • @quintilonetax
      @quintilonetax  Год назад +3

      Thank you for the comment. Social Security Income can be taxed in the United States as well... Depending on your other income sources, the amount social security benefits that are taxed is between 0%, 85% or 100%.
      It is best to seek the guidance of your Colombian tax professional before making blanket statements about how much of your income is taxable and what the effective rate will be. As in the US tax system, Colombia has income tax deductions that can reduce your taxable income. Depending on your income level, Colombia may be tax neutral, or may result in more income taxes paid.
      If you are looking for a tax haven, Colombia probably is not the country for you. I would suggest Panama or the Cayman Islands. As a legal resident of Colombia, you may have an obligation to file a Colombian income tax return (Declaracion de Renta).
      -Dylan

    • @Dividenddream
      @Dividenddream Год назад

      Also depends who your accountant is. I'm in Medellin now for a few months and the one common answer I've gotten from folks who live here is "My acct takes care of everything". And they pay no taxes. The acct does his or her magic.

    • @54bigray
      @54bigray 10 месяцев назад +1

      Make sure you have a good lawyer and tax accountant to explain the rules .

  • @pirateofpacific
    @pirateofpacific Месяц назад

    Columbia is not cheap. I was looking to buy a luxury apartment in Bogota and price us 2-3 million US dollars.

  • @larrypicard8802
    @larrypicard8802 Год назад +2

    Well knowing Spanish is a given isn't it?

    • @quintilonetax
      @quintilonetax  Год назад +2

      Thank you for the comment. Knowing Spanish is a broad statement. With lower levels of English in Colombia, speaking Spanish fluently is critically important. Gringo Spanish, throwing a word or stringing a few together can be considered speaking Spanish as well. Your quality of life in Colombia is extremely dependent on speaking Spanish fluently.
      When you visit other areas of the world (most of Europe), you can get by with English and stringing a few words in the native language without having a severe decline in quality of life.
      When I first moved to Colombia I used gringo Spanish and my life was significantly harder. Now I’m close to advanced fluency, it allows me to do many things I was not able to before. With my advanced level of Spanish, I don’t get taken advantage of as much. When a Colombian realizes I speak Spanish and I’m willing to argue with them over fair pricing, they tend to stop their price gouging or scheme.
      -Dylan

  • @retromoto9456
    @retromoto9456 Год назад +2

    Dude! Taxes are what I and other aspiring expats need to know about! Not IRS but COLOMBIAN! As you may know, once 180 in the country, you become a resident and obligated to file in Colombia. Given that Colombia also has a worldwide tax obligation, expats need help assessing their exposure before making the move. If you talk to two Colombian accountants, you'll get two different answers. Frustrating!

    • @davidbaynes7650
      @davidbaynes7650 Год назад

      I have read there is no tax treaty with Colombia and US/Canada. I don't think anyone would want to pay taxes in two countries.Would be nice to know how that works.

    • @retromoto9456
      @retromoto9456 Год назад

      @davidbaynes7650 You heard correct! However, Colombia allows deductions/credit of your U.S. taxes. I also heard that there have been recent changes in Colombia's tax code that benefits retirees.

    • @ParisianThinker
      @ParisianThinker 4 месяца назад

      @@retromoto9456 All well and good if we knew what they were.

  • @laylahurbin7691
    @laylahurbin7691 Год назад +2

    Great!

  • @Tobi-ku5ch
    @Tobi-ku5ch 5 месяцев назад

    Leticia is a great place to explore, just bring the mosquito spray.

  • @beth3535
    @beth3535 Год назад

    Some decent $management but the massive dearness laser focus.

  • @realoneamariyanna3282
    @realoneamariyanna3282 Год назад

    I'm on disability and make about 1,000 a month but 500 goes to my car. Can I live off of 500 a month or less there

    • @quintilonetax
      @quintilonetax  Год назад +5

      Thank you for the comment. I think it’s tough to live anywhere off of $500 a month. I wouldn’t say it’s impossible because many Colombians survive on less. However, if you are a foreigner, you would not feel comfortable living in the areas of town you would need to in order to survive on such a small amount of money. I think realistically, $2000 dollars a month is the minimum I would recommend making before moving to a country such as Colombia. -Dylan

    • @realoneamariyanna3282
      @realoneamariyanna3282 Год назад +1

      @@quintilonetax So then I couldn't afford to live in El polado I think it's called. Sorry if I spelt it wrong 🤣
      Sucks that I LITERALLY can't even even to live in the cheapest countries because of my disability 😞 ALL I want to do is travel 😫

    • @Dhspat
      @Dhspat Год назад

      Maybe you can afford it if you have a roommate or two. Do you absolutely need a car?🤷‍♂️

    • @realoneamariyanna3282
      @realoneamariyanna3282 Год назад

      @@Dhspat Don't live with people can't trust them and I can afford my place myself thank you 🥰

    • @tanz5389
      @tanz5389 Год назад

      @@realoneamariyanna3282 If you let go your car, I think you would make it alone with 1K US, in an outskirt area or a less expensive city.

  • @hildatorres2581
    @hildatorres2581 19 дней назад

    Why do you foreigners don’t talk about how you get your money to live there do you find jobs there or you are retired from yout jobs here

  • @b.b.finsclara3589
    @b.b.finsclara3589 6 месяцев назад

    I hear no mentioning of the political situation since the new President: Petro has taken over.....and how the Venezuelans impact on life in Colombia. I do not know when-what-date you created this video.....$$$finances-taxation-health-care-how-difficult is to open a Bank Account....Rent an apartment??????.....the most important issues to some of us... I would have subscribed to your channel had i obtained what i was searching for....Thanks

    • @ParisianThinker
      @ParisianThinker 4 месяца назад

      This is a channel for Americans who need help filing their tax returns. It isn't a visa channel.

  • @cheepiong
    @cheepiong 10 месяцев назад +2

    Stop saying it's cheap. It is not cheap living in Colombia. The cost of living in Colombia has risen due to inflation. You mentioned the exchange rate. Yes, without it, everything is essentially expensive.

  • @hjon9119
    @hjon9119 3 месяца назад

    you moved your family to Colombia without realizing you'd need to know Spanish

    • @quintilonetax
      @quintilonetax  3 месяца назад

      Thank you for the comment. I met my wife in Medellin. She is a paisa and perfectly fluent in both languages.
      As someone who was travelled around the world, I have become accustomed to many of the countries having some level of English speaking ability. In Colombia, English levels are extremely low and your daily life requires Spanish speaking ability to survive. -Dylan

  • @dovygoodguy1296
    @dovygoodguy1296 Год назад +2

    Another big obstacle is pollution, especially air quality and pollution, which apparently exists in all the large cities in Colombia like Mexico....

    • @quintilonetax
      @quintilonetax  Год назад +2

      Absolutely, there is a pollution problem depending on the cities you live in. Many of the major cities in Colombia are surrounded by mountain ranges and the pollution can’t escape the valleys. This combined with motorcycle exhaust, older forms of internal combustion emitting large black plumes of smoke. Pollution can be a problem for sure. At the same time, when you leave the major cities, you have perfectly clean air. -Dylan

    • @dovygoodguy1296
      @dovygoodguy1296 Год назад +2

      @@quintilonetax A sad situation for nice cities and their people......

    • @quintilonetax
      @quintilonetax  Год назад +2

      @@dovygoodguy1296 I think the best is ahead for Colombia. There is major opportunity for economic development and to clean the environment. I see it when I talk with the younger Colombians. They have pride for their country. They are constantly trying to improve things. -Dylan

    • @dovygoodguy1296
      @dovygoodguy1296 Год назад +1

      @@quintilonetax However on a day to day basis people live their lives in the city itself.

    • @ParisianThinker
      @ParisianThinker 4 месяца назад +1

      @@quintilonetax That's wonderful. I agree that it can be done. Maybe more tax collection by Colombia would make it happen.

  • @Poco-me5eq
    @Poco-me5eq Месяц назад

    Can't understand why they won't learn English. This is 2024.

    • @pooberloo
      @pooberloo Месяц назад +3

      Hopefully you are joking. They are in South America, surrounded by all Spanish-speaking neighboring countries. They might take a few years of English in school like we might learn Spanish, but unless they have a specific reason to, they should not feel forced to learn English.

    • @Divinehammer3000
      @Divinehammer3000 2 дня назад

      @poco-me5eq why don’t you learn to speak Spanish

    • @Poco-me5eq
      @Poco-me5eq День назад

      @Divinehammer3000 be real. People have priorities.

    • @Divinehammer3000
      @Divinehammer3000 День назад

      @@Poco-me5eq what does that have to do with this?

    • @Poco-me5eq
      @Poco-me5eq 17 часов назад

      @@Divinehammer3000 no, what I meant was a traveler can't be expected to learn the language of every country he visits and wants to spend a few years in. The onus lies on the host IMHO.

  • @Ballin10X
    @Ballin10X Год назад

    6. Crime?

  • @korelamerikano
    @korelamerikano Год назад

    Aliens coming here... Hummm

  • @32hernandez93
    @32hernandez93 Год назад +2

    More gringos higher the prices.

  • @Eddie-ud4bb
    @Eddie-ud4bb Год назад +2

    You said your wife is a piaso? That means Clown no?

    • @quintilonetax
      @quintilonetax  Год назад +2

      She is a Paisa, from Medellin. Thank you for the comment- Dylan

    • @Websrchr
      @Websrchr 7 месяцев назад +1

      "Paisa" is a colloquial term applied to the inhabitants from northwest Colombia. For additional details, check this reference: en.wikipedia.org/wiki/Paisa_(region)

    • @ParisianThinker
      @ParisianThinker 4 месяца назад

      @@Websrchr I hope he can read.

    • @miguelramirez6352
      @miguelramirez6352 3 месяца назад

      PAISA, it means from Antioquia in Colombia!, it doesn't mean clown ( payaso 🤡 ) 😂

  • @619alucin
    @619alucin Год назад +1

    What about finding a wife in Colombia? Lol

  • @lucharward
    @lucharward Год назад +2

    how uninteresting these 5 point are - I wish i would have known they speak Spanidh - how useless is this advise

  • @geoffspeed
    @geoffspeed Год назад +1

    Dylan, I know you are trying...but the presentation is very boring and rambling...just give it up !

    • @ParisianThinker
      @ParisianThinker 4 месяца назад

      Please leave. You are not needed here, but he is.

  • @swordfishx987
    @swordfishx987 Год назад +1

    This is why we have gentrification

  • @christaylor7049
    @christaylor7049 Год назад +1

    Don't sample the product

  • @leelantz455
    @leelantz455 Год назад +1

    Lawrtuz. Lee. Prac