🇨🇴Retire in Colombia

Colombia's Migrant (M) Visa — Pensioner is set by rule at 3× the monthly minimum wage (SMMLV COP 1,750,905 in 2026 → COP 5,252,715 ≈ $1,672 at the 4 Sep 2026 TRM) — salary-indexed and refloats every January; the current figure works out to $1,672/month and re-floats when the underlying index changes. Income must be passive (pensions, rent, dividends) — not remote employment. The rule is statutory; the exact amount is index-linked and re-floats (source: Ministerio de Relaciones Exteriores (Cancillería) — Resolución 5477/2022, checked 2026-09-06).

Unknown for income; beneficiary visas exist for dependents Verify the current uplift with the consulate before applying.

No. The Migrant (M) Visa — Pensioner requires passive income — pensions, rental income, dividends or annuities — not salary from remote employment. Equals 3× the Colombian minimum wage, which rose ~23% for 2026 — old peso figures are quickly stale. Requires a verifiable lifetime pension (US Social Security / military retirement qualify); no age requirement.

The rule is statutory; the exact amount is index-linked and re-floats (source: Ministerio de Relaciones Exteriores (Cancillería) — Resolución 5477/2022, checked 2026-09-06). Requirements change — often yearly as minimum-wage or index figures re-float — so re-verify before any decision.

WhereNext's reviewed budget models about $1,700 a month for one person and about $2,500 for a couple, before the visa's own income test (Migrant (M) Visa — Pensioner needs ≈ $1,672/mo equivalent).

Not on every floor: GPI 2.73 (floor ≤ 2.0); HDI 0.79 (floor ≥ 0.80, UNDP very high) (floors: GPI ≤ 2.0, life expectancy ≥ 75, HDI ≥ 0.80). The floors are a screen, not a verdict; the reasons are listed so you can weigh them.