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Want to do Airbnb in Medellín? It's more complicated than you think. Here's what you need to know before starting. In this video I give you guys the foundation for understanding the rental market here in Medellín, the culture around Airbnb, why rental arbitrage doesn't really work, and the difficulties foreigners face. I was an Airbnb Superhost for a time with my furnished rental here so I am speaking from experience.
AIRBNB IN COLOMBIA IS NOT LIKE HOW IT IS IN THE US - and I'm here to help you figure it all out. 😉
Common questions answered 👇🏼
- Do you need Colombian papers to purchase property? NO! You do not need a cédula ID for purchasing property here.
- Do you need an RNT (Registro Nacional de Turismo) if renting for more than 30 days? NO!
- Do you need to pay taxes in Colombia for your Airbnb? Yes! Taxes on that business income as well as property taxes for owning the property. So keep that in mind going in.
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📧 EMAIL: hola@moveandinvestmedellin.com
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