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mattmax

mattmax

Member

American expat in Colombia

Forum posts

12

About me

American

Lives in Manizales, Caldas

Speaks English, Spanish, German

Registration: 07 January 2020

Activity

mattmax replied to a thread
11 months ago
voyager39

Clarifying Tax on U.S. Expats in Colombia by voyager39

I've read through some summaries of the taxation of U.S. expats in CO and am still unclear on some points. I'm hoping to clear up a couple of items here. There is apparently a determination of a presumptive minimum income of 3% of all ...

mattmax

@nico peligroyou have to show your visa to immigration if you are in the country more than 180 days in a calender year.Yes, you are absolutely correct, and that is also what Migración's requirements clearly state. But if day 180 falls on Dec ... Read More

mattmax replied to a thread
11 months ago
voyager39

Clarifying Tax on U.S. Expats in Colombia by voyager39

I've read through some summaries of the taxation of U.S. expats in CO and am still unclear on some points. I'm hoping to clear up a couple of items here. There is apparently a determination of a presumptive minimum income of 3% of all ...

mattmax

@OsageArcher yes, I agree, the number of days at which tax residency is triggered is an extremely important detail. I've already been forced to fly out of the country and return the next day to satisfy a similar technicality with a tourist visa, so ... Read More

mattmax replied to a thread
11 months ago
voyager39

Clarifying Tax on U.S. Expats in Colombia by voyager39

I've read through some summaries of the taxation of U.S. expats in CO and am still unclear on some points. I'm hoping to clear up a couple of items here. There is apparently a determination of a presumptive minimum income of 3% of all ...

mattmax

Looks like this topic is still alive and kicking! Much has changed since the first posts, and maybe there should be a new thread created each year with the hot items pinned at the top?Here is a link to PwC tax summary, which is very clear and ... Read More

mattmax replied to a thread
last year
antonioggriffin

Online bank accounts by antonioggriffin

Are there any online bank accounts that don't require a handful of documents I don't have?Any expats open an bank account as a foreigner?

mattmax

One local lady (a brick-and-mortar business owner) that I know here in Barranquilla, she emphatically said that she looked into it already and they offer just 0.3% interest rate, not worth it at all.She was probably confusing CDT with a regular ... Read More

mattmax replied to a thread
last year
antonioggriffin

Online bank accounts by antonioggriffin

Are there any online bank accounts that don't require a handful of documents I don't have?Any expats open an bank account as a foreigner?

mattmax

@antonioggriffin Then one time I mentioned that I would like to open a certificate of deposit (a CDT in Colombian bank speak) for x millions of pesos, and all of a sudden the same bank employees were saying "won't you come right this way and have a ... Read More

mattmax replied to a thread
last year
antonioggriffin

Online bank accounts by antonioggriffin

Are there any online bank accounts that don't require a handful of documents I don't have?Any expats open an bank account as a foreigner?

mattmax

I've maintained a Bancolombia account since my C.E. expired about 10 years ago.On one occasion i tried to change the ID on the account to my passport, and manager at the branch said it was only possible to change to a valid Colombian ID, such as a ... Read More

mattmax replied to a thread
4 years ago
mattmax

Steps to create Colombian Power of Attorney by mattmax

Given the COVID situation, I am unable to enter Colombia to redeem a bank certificate of deposit (CDT fisico). I have heard from one source that i need to travel 4 hours to the nearest Colombian consulate to register my signature before they will ...

mattmax

Just wanted to let folks know that i was able to liquidate my certificate of deposit (CDT) with Bancolombia using the following steps: 1) Wrote a single-page 'Letter of Authorization' with English in the left column and Spanish translation ... Read More

mattmax replied to a thread
4 years ago
mattmax

Steps to create Colombian Power of Attorney by mattmax

Given the COVID situation, I am unable to enter Colombia to redeem a bank certificate of deposit (CDT fisico). I have heard from one source that i need to travel 4 hours to the nearest Colombian consulate to register my signature before they will ...

mattmax

Luckily the CD is in Colombia with the representative, so it is only a single-page letter of authorization to be sent. Worst case scenario if the document never arrives, the CD simply renews for another term. This is what the consulate said about ... Read More

mattmax replied to a thread
4 years ago
mattmax

Steps to create Colombian Power of Attorney by mattmax

Given the COVID situation, I am unable to enter Colombia to redeem a bank certificate of deposit (CDT fisico). I have heard from one source that i need to travel 4 hours to the nearest Colombian consulate to register my signature before they will ...

mattmax

Thanks cccmedia for the guidance. I contacted the Colombia consulate, and they cleared up some of my confusion above. The two options they provided: 1) make appointment and travel to the Colombian consulate where they will do a signature ... Read More

mattmax created a thread
4 years ago

Steps to create Colombian Power of Attorney

Given the COVID situation, I am unable to enter Colombia to redeem a bank certificate of deposit (CDT fisico). I have heard from one source that i need to travel 4 hours to the nearest Colombian consulate to register my signature before they will ... Read More

mattmax replied to a thread
5 years ago
Diksha

Folktales and legends in Colombia by Diksha

Hello everyone, Time to spark your imagination! Below is a list of questions to pique your interest in folktales and legends associated with Colombia. 1. Name 3 popular legends that have been passed down from generation to generation in ...

mattmax

I heard an interesting one from a real estate agent the other day... When i asked if people sold their houses with major appliances included, eg washer/dryer, fridge, etc. He said Colombians don't do it because they believe there are bad ... Read More