South America
Colombia: tax at a glance
Residents are taxed on worldwide income. There is also a recurring equity, or wealth, tax, and a 2026 reform bill proposes higher rates.
Worldwide (residence-based)
Last verified
Ways to relocate to Colombia
The residency and citizenship routes that lead here, weighed against the tax picture above.
The taxes
- Personal income (top)
- 39%Progressive to 39%. A 2026 tax-reform bill proposes higher top rates, though this is still under review.
- Corporate income
- 35%
- Capital gains
- 15% (occasional gains).
- VAT / IVA
- 19%
- Dividends (WHT)
- 20% for non-residents, rising to up to 48% on previously untaxed profits.
- Interest (WHT)
- 15% / 20%
- Royalties (WHT)
- 20%
- Social security (employee)
- 8% (4% health + 4% pension).
- Social security (employer)
- ~20.5%+ (pension 12% + health 8.5% + payroll levies).
- Wealth tax
- An equity tax of 0.5% to 1.5% (up to roughly 3%) applies above ~COP 3.77bn, and the 2026 reform proposes changes.
- Inheritance / estate
- 15% (occasional-gains rate).
- Property tax
- Impuesto predial (municipal), roughly 0.3%–3.3%.
- Other
- GMF financial-transactions tax 0.4% (4x1000).
How the system works
- Tax system
- Worldwide (residence-based)
- Foreign income
- Taxed (worldwide)
- Taxes by citizenship
- No
- Exit tax
- No
- CFC rules
- Yes
- CRS
- Participating
A special regime for new arrivals
None. There is no tax holiday here, and no exemption for new foreign residents.
The rates below are indicative headline figures (top marginal, standard, and headline rates), reviewed 2026-07. Brackets, surcharges, and state, provincial or cantonal taxes vary. Treat this as a reference map, not advice.