Visa Type M - Partner or Owner

Visa Type M - Partner or Owner (Business Visa)

If you are a foreigner seeking lucrative business opportunities in Colombia, whether it be establishing your own company or acquiring shares in an existing commercial organization, the Colombia Partner or Owner visa is tailor-made for you. This visa ensures seamless entry into the Colombian business landscape, providing a pathway for ownership and active involvement in the local entrepreneurial scene.

The Partner or Owner visa is valid for a period of 1 to 3 years. After 5 years, you can apply for the Resident visa (Type-R). If you hold a Partner or Owner visa, you are only allowed to work for the company you have invested in. If you want to work for other companies, then the Investment visa may be a better option for you.

Requirements

Valid passport with at least six months of validity.
Letter of application detailing the established or invested commercial entity’s legal name, address, and Tax Identification Number (NIT). Include information on the company’s main activities and the number of direct jobs it generates.
Show evidence of company establishment, ownership, or investment in a business, with a value of at least one hundred (100) current legal monthly minimum wages at the time of application (130,000,000 COP). Include bank statements for verification.
If you’re involved in a joint-stock company, prove your ownership with a certificate from a certified public accountant. This document should specify the capital or assets you own in the company, and it must be equivalent to at least one hundred (100) current legal monthly minimum wages (130,000,000 COP) at the time of your visa application.

Online Application Process

Visit the official Colombian Ministry of Foreign Affairs website.
Fill out the online application form with accurate and complete information.
Upload the required documents.
Submit the application and receive a confirmation.
Check application status.

Appointment Booking

Schedule an appointment at the nearest Colombian consulate or embassy.
Pay the required visa fees.
Attend the scheduled appointment with all necessary documents.

Processing Time

The Colombia Partner or Owner Visa processing time is typically 30 days. However, applying well in advance is advisable to account for unforeseen delays.

Visa Fees

Visa Study 54 USD
Issuance of the Visa 270 USD

Validity Period

The validity of the Colombia Partner or Owner Visa can be up to three (3) years.

Benefits

The Colombia Partner or Owner Visa allows beneficiaries.
This visa is available to accumulate time for the resident visa (5 years).

Restrictions

For entrepreneurs forming or acquiring a stake in an active commercial entity, this visa includes a work permit limited to the specific company where they hold a role as a partner, shareholder, or owner.

Obligations

For a visa renewal, show that the commercial entity remains economically active and solvent. Submit bank statements from the three months preceding the visa application, income tax declarations, social security contributions, lease agreements, and/or proof of industry and commerce tax payments.

Visa holders must adhere to Colombian laws and regulations. Failure to comply may result in penalties or deportation.