Foreign investment in Colombia has registered a 24% increase through February 2023, as reported by Banco de la República. This data implies an increase of more than 1.000 million dollars compared to the same period last year. This positive balance reflects the confidence that international investors have in the country, especially in sectors other than oil and mining.
Colombia is a very attractive destination for foreign investors, thanks to its strategic geographic location, political stability, and qualified workmanship. Additionally, the country has a diversified economy, since there are many investment opportunities in a very wide variety of sectors.
Some of the sectors that have been identified as the best to invest in are tourism, technology, agriculture, and renewable energy. These sectors are in constant growth and offer excellent opportunities for foreign investors. Furthermore, Colombia has an internal market in constant improvement and a highly skilled workforce.
Experts point out that investing in Colombia has a lot of benefits and advantages, such as highly competitive workmanship, many natural resources, a free trade policy, and a well-developed infrastructure. In addition, the Colombian government has implemented policies that encourage foreign investment.
In 2023, Colombia’s expectations for economic growth are very promising. The International Monetary Fund highlights that the country has great potential for growth due to its diversified economy and the structural reforms that have been implemented in recent years. Additionally, foreign investment it’s expected to continue increasing in the coming years, which would further boost the country’s economy.
Learn more about the plans and procedures needed to start your investment in Colombia https://vui.gov.co/es/tramites-y-procedimientos-administrativos