Wednesday, March 29, 2023

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Buying and selling real estate in metro Medellin can be a confusing and uncertain experience for foreigners, given the many legal, business, cultural and processing differences in Colombia versus the practices found in other countries.


The “global value chain” opportunities arising for Colombian exporters -- identified in a recent study for Medellin-based Andi (Colombia's industrial trade association) -- could see greater growth if Colombia tackles certain tax, regulatory, infrastructure, energy-cost and labor issues.


Colombia’s economy still suffers a hangover as the oil-and-mining boom of the prior six years has predictably turned to bust, according to a new study for Medellin-based Andi, Colombia’s national industrial trade association.


A new study by the Washington, D.C.-based Brookings Institution found that Medellin surpassed all other Latin American cities in terms of per-capita economic growth  (gross domestic product, or GDP).


 

The “global value chain” opportunities arising for Colombian exporters -- identified in a new study by Medellin-based Andi (the Colombia national industrial trade association) -- are already being exploited by certain pioneering companies.


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About Medellin Herald

Medellin Herald is a locally produced, English-language news and advisory service uniquely focused upon a more-mature audience of visitors, investors, conference and trade-show attendees, property buyers, expats, retirees, volunteers and nature lovers.

U.S. native Roberto Peckham, who founded Medellin Herald in 2015, has been residing in metro Medellin since 2005 and has traveled regularly and extensively throughout Colombia since 1981.

Medellin Herald welcomes your editorial contributions, comments and story-idea suggestions. Send us a message using the "contact" section.

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