Colombia Pensionado (M) Visa

Min investment

$17,000

Investment routes

Passive income / pension

Time to status

~30 days' review + up to 10 business days to issue the e-visa

Path to citizenship

After 5 continuous years on the M visa you can apply for an R (Resident) visa — Colombia's permanent residency — and naturalization thereafter.

Residency requirement

Do not remain outside Colombia for more than 6 continuous months, or the visa lapses.

Visa-free destinations

Not specified

Dual citizenship allowed

Yes

Notes

The Migrante (M) visa, Pensionado subcategory, from Colombia's Ministry of Foreign Affairs. Requires a lifetime pension of at least 3x the Colombian monthly minimum wage — with the 2026 minimum wage at COP 1,750,905/month, that is about COP 5,252,715/month (roughly US$1,380–1,410), so around US$17,000 a year. One of the lowest income thresholds of any retirement visa. Applied for online through the Cancillería portal; review takes up to 30 calendar days, with the e-visa issued within about 10 business days of approval. Renewable, and after 5 continuous years leads to an R (resident) visa — permanent residency — and eventually naturalization. Very low cost of living and strong, inexpensive private healthcare.

About Colombia

Healthcare

★★★★★

Safety

★★★★★

Cost of living

Low

Climate

Tropical