Mexico Libertad
Posted in Uncategorized on 01/28/2003 11:53 am by admin
Mexico Libertad
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US $199.99
A simple how to guide that will help you get through the red tape associated with buying investment property in Colombia, without risking government fines or penalizations. Foreign Investors and real estate funds have definitely put Colombia South America on the radar. It seems like Colombia's economy and political stability have created an internal real estate boom which is making investing in the country's properties highly attractive. However, it is important to understand the laws and regulations concerning Colombian real estate prior to making any investment decision. Following these simple steps established by the Colombian "Superintendencia de Sociedades" could save you lots of time, headaches and possibly hefty fines associated with incorrect procedures. Requirements for Buying Property in Colombia from abroad
- Intermediario Cambiario - You are required to use a legally established "Intermediario Cambiario" in order to fund your investment.
An Intermediario Cambiario is basically a financial institution authorized by the Colombian Government to carry out currency exchanges and international bank transfers. Most commercial banks and lending institutions are authorized to carry out this process. Some investors try to take a short cut here using black market money exchange houses or other means which might get them better exchange rates and save them substantial amounts in banking fees, etc., however, if discovered, the fines associated with bypassing the legal intermediario bancario requirements could be pretty hefty.
- Declaracion de Cambio - You must personally fill out and sign what is known as a "Declaracion de Cambio" and more specifically the a form titled "Formulario No. 4" which can be obtained from your legally established Intermediario Cambiario.
This document is signed under penalty of perjury. It will simply ask you to state the origin of the funds (in order to insure that you obtained the money through legal means) as well as other basic financial information and personal data.
- Registro de la Operacion Cambiaria - You or someone legally authorized to act on your behalf (through a power of attorney of other means) must visit either the "Banco de la Republica" or the "Departamento de Cambios Internacionales" and fill out a form for what is known as "Registro de la Operacion Cambiaria". The actual form that you or your representative will need to fill out is called "Formulario No. 11" and it must include the following attachements:
- Certificado de tradición y libertad - This document shows the complete history of the property since it was first registered before a governent office called the "Oficina de Registro de Instrumentos Públicos". If the Certificado de Tradicion y Libertad is not available at the moment you fill out Form 11 you can temporarily use a buy/sell agreement (contrato de promesa de compraventa) or a "contrato del negocio fiduciario".
- If the purchase will be made on credit or through monthly installments for a Residetial Property construction project you will need to attach the "contrato del encargo fiduciario" or a copy of the contract that you signed ("promesa de compraventa" or "contrato de fiducia mercantil") depending on your individual circumstance.
- For construction properties that are not for residential/living purposes you need to attach either the "contrato del encargo fiduciario" the "promesa de compraventa" or the "contrato de fiducia mercantil" whichever applies.
- Deadline for the Registro de la Operacion Cambiaria - You have 3 months after filling out Form 4 for the Declaracion de cambio in order to complete the Registro de la Operacion Cambiaria. This period can be extended for an additional 3 months by visiting the Banco de la Republica and filling out "Formulario No. 17"
- Fines- Careful, failure to comply with the above requirements will put you at risk of being fined up to 200 percent of the value of your investment.
Once you meet all the requirements laid out above and you've purchased your property you can legally, sell, rent, or do whatever you'd like with your newly acquired real estate. You can also freely take the money you've earned from the sale or rental of the property back home or anywhere else for that matter. The official guideline by the Colombian Government (In Spanish) can be seen at the Colombian Superintendencia de Sociedades website.
Finding attractive International Real Estate Opportunities can be a daunting task, which requires time, effort, and potentially high travel expenses. The VivaReal Network's International Real Estate portal http://www.vivareal.net makes the process much easier and much more cost effective. We make it easy for international buyers to contact local sellers and agents that are experts in the markets they wish to invest in. We currently have a huge listings of international property for sale in Colombia, Mexico, Brazil, Costa Rica, Panama, Belize, Nicaragua, Honduras, the Dominican Republic, Chile and Argentina; with more countries coming soon.
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Libertad $6.49 Libertad |
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Tierra y Libertad $30 In 1910 the dictatorship in Mexico has ruled more than thirty years. The government strips land from the poor farm workers and the inhumane conditions in which people live encourage you to become a revolutionary. The slogan effective suffrage no re-election drives you. Tierra y Libertad (Land and Freedom) is a cooperative game in a competitive environment in which all players are revolutionaries fighting for social improvements to achieve victory. This can only be accomplished if the revolutionaries unite to defeat the Conservatives but the player who scores the most points will be the greatest revolutionary of Mexico and the ultimate winner. Join the revolution fighting for noble ideals of justice and become the greatest revolutionary of Mexico make friends along the way but beware that the ambition for power is strong and betrayal is the order of the day. Type: Board Games |
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Mi Libertad $6 Mi Libertad - Frankie Ruiz |
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American Coin Treasures Silver Libertad Coin and Mustard Seed Locket $64.4 Keep a reminder of faith nearby with this brass locket containing a single mustard seed. This locket features a silver Libertad coin from Mexico on the front, a verse from Matthew 17:20 on the inside and a 24-inch chain.Beautiful locket features a silver Libertad coin from MexicoMatthew 17:20 is engraved in this delicate collectibleMustard seeds are symbols of faith and hopeIncludes 24-inch chainAll weights and measurements are approximate and may vary slightly from the listed information. |
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American Coin Treasures Silver Mexican Libertad Angel Pendant $77.94 Celebrate Mexico's heritage with this silver Mexican Libertad Angel pendant. This fine silver necklace features a real Libertad coin, minted a the Moneda de Mexico, the oldest mint in the Americas.Exquisite pendant features a genuine .999 fine silver Libertad coin Minted at the Moneda de Mexico, the oldest mint in the AmericasPendant measures 3/4 inches in diameterChain measures 24 inches longIncludes a certificate of authenticity |
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Nuestra Libertad $6 Nuestra Libertad - Cast - High School Musical |
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La Libertad $49.99 Doug Landreth La Libertad - Art Print |
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Libertad (Bonus Track) (Japan) $64.99 Libertad (Bonus Track) (Japan) |
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Gritos De Libertad $14.99 Gritos De Libertad |
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Libertad III $19.99 Frédérick Candon Libertad III - Art Print |
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Alma En Libertad $6 Alma En Libertad - Jorge Villamizar |
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Justicia, Tierra Y Libertad $6 Justicia, Tierra Y Libertad - Mana |
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Dazzler Libertad $112 The hotel is located by the picturesque Libertad Square and a few meters away from the famous Santa Fe Avenue |
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Mexico $10 Mexico |