November 17, 2008

Investment in Colombia

Having been through Cali and speaking to Mikkel, and then arriving here in Manizales and talking to Christina in the hostel here, and a couple of the tourists who have friends over here and been speaking to other European who have married and moved over here, now is the perfect time to invest in Colombia.

Ten years ago the attitude and image of Colombia was considered one of the worst in the world, but having been there last year and again this year I would say that the reality has changed very much and the image is now out of date and in drastic need of catching up.

I have found that while Colombia maybe one of the more expensive places in South America, but overall it has better housing, shopping centres, cinemas, roads and public transport systems than the rest of the continent.

For US $50,000 an American bought a entire coffee plantation, complete with buildings, house, staff, fruit and the land itself was so huge that they are not even sure where it ends of what other fruits are on the plantation, and when you think about it, that is not a lot of money for an entire business that is already established, running and turning a small profit and if with western investment, ideas, advertising and personal trade links back into Europe it is almost worth a punt and if it all goes down then it is not the end of the world.

Of course, non nationals cannot buy the land directly themselves, just like in many other parts of the world, but if you are able to marry into the country or find a trustworthy local that can be a reliable business partner then it would be a viable opportunity and right now I would prefer to risk losing £25K on a business over here than starting up another in the UK.

No comments:

Post a Comment