This section will offer some of the reasons to invest in Colombia. These include:

• Emerging Countries: Colombia, member of the new BRIC -> CIVETS.

• Improved Business Environment: During the past five years, the Colombian economy grew by 4% per year. In 2009, Colombia's GDP registered an increase of 0.4%, a positive growth during global recession.

• Human Resources: According to IMD 2009, Colombia is the regional leader in entrepreneurship, highest labor force and is ranked 2^nd most flexible labor system in Latin America according to the World Bank 2008.

• Ideal Export Platform: Colombia holds an advantage of having signed trade agreements. This gives companies preferential access to markets that extend to more than 1.2 billion consumers, a circumstance that is only enhanced by the strategic location of Colombia.

• Incentives for Investors: In the 2010 “Doing Business Report,” The World Bank ranked Colombia as the most business friendly country in Latin America. These incentives include:

  • Free Trade Zones: the most competitive in Latin America because they offer up to a 50% tax break on sales into the local market. They also can be established in any place in Colombia.

  • Legal Stability Contracts.

  • 30% tax deduction on the cost of purchased machinery.

• Quality of Life: Colombia has three of the top 30 universities in Latin America, 26 schools which give the SAT Test, 19 which are members of the International Baccalaureate Organization (IBO) and more than 45, 18 hole golf courses.

• Investment in Latin America: during 2009, Colombia was one of the best economic performers in the Region.

Article Attachments

Invest in Colombia	[Investment Booklet March 2010]	3580 Kb	28/04/10 14:03
Colombian economy: Foreign Investment Report	[Colombia Presentation July 2010]	8631 Kb	26/07/10 15:51