When you look at the statistics, it’s unsurprising to hear that Colombia is fast becoming one of South America’s most popular places for foreign investment.
According to the 2020 World Investment Report, Colombia received $14.5 billion in foriegn direct investment (FDI) in 2019, representing a more than 25% increase from the previous year.
With continuous improvements to urban infrastructure, technology and language proficiency, more and more expats are looking at Colombia as the place to start a business.
For this reason, we’ve picked out the five best industries for foreign nationals to invest in, and why they hold such lucrative business opportunities.
Let’s begin with the biggest up-and-coming industry in Colombia.