Discover investment opportunities in Colombia for businesspeople from the United Kingdom
Colombia, the country of beauty, has become the ideal destination for investors from all over the world. With its natural wealth, its innovative spirit and the drive of its workers, the country has managed to evolve to offer business opportunities in many economic sectors. Investing in Colombia means betting on those opportunities and growing in a country that has decided to open its economy to the world and to businesspeople captivated by Colombia's beauty.
The country stands out as a unique destination where investors from countries such as the United Kingdom can grow in a sustainable way and join industries that are constantly evolving. Here, for example, they will be able to experience the energy transformation along with the momentum that this has experienced thanks to the natural wealth of the country. Therefore, if you are a UK investor, we want to tell you about the opportunities you will find in the country of beauty.
Investments from the United Kingdom in Colombia
The United Kingdom is already an important investor in the Colombian economy. During 2023, US$ 17446 million of foreign direct investment arrived in Colombia, and US$ 1222 million came from England, making it one of the country's main foreign investors worldwide. This indicates that the relationship between the two countries is not only strong, but one of the most important currently.
In addition, in recent years, these relations have been strengthened, since there have been advances in different aspects, such as the fact that Colombians no longer need a visa to enter the United Kingdom. This change facilitates cultural exchange between both nations and a greater rapprochement on issues such as business and investment.
On the other hand, as mentioned by George Hodgson, Ambassador of the United Kingdom in Colombia, in an interview with La República, Colombia and the United Kingdom have complementary economies. This happens due to Colombia's interest in renewing its infrastructure and advancing in the energy transition, areas where the United Kingdom can contribute with its experience.
According to the ambassador, the United Kingdom has extensive experience in areas such as offshore wind energy and railway infrastructure. Two aspects that Colombia is also considering integrating as part of its economy.
Opportunities in the country of beauty
Colombia has a wide variety of opportunities for foreign investment that are attractive to UK businesspeople. Among these, sustainable investments stand out, which come with certain incentives, including income tax deductions and VAT exclusion in certain cases.
UK investors will also be able to find a wind energy industry, where they can actively participate, taking advantage of the geographic location of Colombia, which provide greater impetus to this sector.
In addition, Colombia is advancing in the green hydrogen industry development, which has the potential to be the fourth most competitive worldwide, thanks to Colombia’s geographical conditions and the progress of renewable energies in the country. This is an opportunity that highlights the Ambassador George Hodgson.
For all this, the UK government has already decided to participate in investments in Colombia, allocating 5,000 million pounds to promote projects in Colombia. This funding has already financed solar power plants in the country.
Invest in Colombia
If you are an investor based in the United Kingdom, you can access to several tools that will help and advise you in your arrival to Colombia. Among these is the UK embassy in Colombia, which actively participates in the development of events to promote trade and economic relations between the two countries.
Additionally, investors can find advice in ProColombia, where they can find not only investment opportunities, but also relevant information about Colombia’s advancing in the industrial and economic sectors. With ProColombia, the investor will receive advice and find support to enter the country.
Also, events such as the Colombian Sustainable Investment Roadshow have been developed. This event, held in England, is a space where investors from all over the world can discover sustainable projects in Colombia, in which they can invest, and understand the support provided by the Colombian government for such investments.
Do not miss the opportunity to discover everything that the country of beauty has to offer. Invest in Colombia and discover a country full of opportunities settle among our mountain ranges. Find more information about projects and economic growth in Colombia here.
Related posts
Other documents
