Work has begun on a new airport in the Colombia coffee region, which is intended to be a major shot in the arm for tourism and investment in one of the country’s most famous zones. Known as the ‘Aeropuerto del Café’ (Coffee Airport), the $136.6 million project is being built in the municipality of Palestina, …
Colombia Coffee Region Airport to Boost Tourism, Investment Read More »
The legal and accounting teams at Biz Latin Hub’s offices in Bolivia, Chile, Colombia, and the Dominican Republic reported the following regulatory updates in July 2021 that could affect your business interests. At Biz Latin Hub our multilingual teams of back-office specialists based throughout Latin America and the Caribbean offer legal, accounting, recruitment and other …
Regulatory Update: 4 LatAm Offices Report Changes in July 2021 Read More »
A new report on gasoline prices in the Americas has highlighted drops in gas prices in Colombia and Ecuador in the first half of 2021, while Bolivia, Chile, and Venezuela saw little or no change. Although the rest of the region saw gasoline prices rise, it was only in Argentina, El Salvador, and Panama that …
The Colombian government has recently submitted a new tax reform to the Congress of Colombia that is intended to help it raise funds in support of economic reactivation following the disruptions of the global pandemic. The new Colombia tax reform seeks to raise approximately $15.2 billion (all figures in USD), both by increasing taxation and …
Colombia Tax Reform: 4 Things Investors Should Know Read More »
The Financial Superintendence of Colombia has authorized major Colombian bank Bancolombia to offer US dollar accounts in the South American country. The news will be of significant interest to foreign residents, investors, and businesses banking in Colombia, or planning to do so in the future. The authorization will see Bancolombia’s branch of operations based in …
Banking in Colombia: US Dollar Accounts to be Available Read More »