In the past decade Colombia has become an important economy in the region and an attractive destination for foreign direct investment (FDI), following ongoing political and economic measures aimed at increasing foreign trade and attracting FDI. With a growing middle class and strong financial sector, Colombia is a stable destination for investors,...
As the second-most-biologically-diverse country on the planet, it is unsurprising that Colombia holds considerable nature tourism potential. In the past, however, Colombia’s socio-political conflicts have prevented this segment from fully developing. Only recent security and social stability has allowed attention to shift towards responsibly...
The tax reform approved by the government in December 2012 (Law 1607 of 2012) introduced important changes to the way foreign investors can acquire shares or an interest in Colombian companies. Prior to the reform, the acquisition of shares by foreign investors entailed the purchase of the goodwill, the cost of which was tax deductible against...
Recognising that human capital is essential to its longterm economic development, Colombia is making strong efforts to position the nation as a leader in education within the region, and in doing so it is addressing major long-term issues that have segregated different regions and social classes. While elementary school and vocational training...
The greater prominence achieved by sports in Colombia at all levels has resulted in more media coverage and consequently rising exposure and profitability for companies sponsoring sport competitions, teams and athletes. While major sports such as football, cycling and roller-skating get the best sponsorship contracts, investment in minority...
Despite challenges posed by bouts of social and political instability, Colombia’s public services have taken important strides forward in recent years. Traditionally, the Colombian health system has received international recognition. In its latest integral report from 2000, the World Health Organisation (WHO) ranked the country number one in Latin...
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