On November 16, 2024, the inaugural edition of LUMEN: Real Estate Investment Forum took place in Medellin. The event gathered prominent companies and organizations from the property marketing, real estate legislation, and innovative construction sectors. This forum represented a significant milestone, serving as a platform for developing and growing the real estate market in Colombia.
In this important event, expatgroup.co not only had the honor of attending and being an official sponsor but also contributed value from our extensive experience in immigration law and foreign investment, represented by our CEO and founder, Jaime Aristizábal.
We share the highlights of our participation, including the valuable contributions made to the Colombian real estate perspective.
What was the LUMEN Real Estate Investment Forum about?
LUMEN was positioned as a specialized event in the real estate market in Medellin and Colombia. During the forum, professionals from different areas and companies presented innovative strategies for transforming the sector and providing a space for exchange between public and private actors.
Among the participants were influential national industry brands and prestigious organizations such as the Agency for Cooperation and Investment of Medellin (ACI Medellin), The Economic Research Department of Bancolombia, along with business leaders specialized in investment projects that have been benchmarked in the sector for years.
The speakers shared their perspectives on the real estate market in Colombia with an audience committed to a common goal: to consolidate the country as a leader in growth and socioeconomic development in Latin America.
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It’s well known that many Latin American countries face challenges on the road to attracting international investments. In Colombia, there are still barriers, such as a lack of knowledge about migration processes, legalization of foreign investment, and cultural or language barriers, which hinder the connection between international investors and local entrepreneurs.
However, expatgroup.co has managed to present the idea as a great opportunity for the country, highlighting the benefits of ensuring an excellent and safe environment for foreign investors. In this forum, our team actively promoted the creation of collaborative networks and strategic connections that facilitate business development, based on the experience accumulated with our clients and the global vision that our CEO has implemented as the basis and principles of our company.
Many of the participants from the real estate sector took the opportunity to interact with our experts, exchanging ideas and perspectives that foster the joint growth of national and foreign companies in Colombia.
At expatgroup.co, we proudly carry the mission of representing foreign investors seeking to explore the Colombian market. Our participation in LUMEN served as a platform to project this vision and strengthen ties with specialists in the sector.
We are convinced that events like this are essential to consolidate a real estate market that is more connected, dynamic, and prepared to compete internationally.
Jaime Aristizabal contributions: Attracting Foreign Investment to Colombia
Among the more than ten discussions, the talk dedicated to foreign investment was one of the highlights. Jaime Aristizábal provided valuable perspectives based on his experience at the helm of a brand that has established itself as a professional and multidisciplinary services company for foreigners who see Colombia not only as a tourist destination but also as a land of opportunities to make investments, promote new businesses, and contribute to the growth of the national economy.
From both his personal and professional experience abroad, coupled with the vast knowledge acquired as director of a company that has advised more than 30,000 foreigners since its incorporation, the CEO of expatgroup.co highlighted the key aspects that every foreigner should consider when settling in Colombia. His vision combines a practical understanding of global challenges with an in-depth knowledge of local dynamics.
Jaime emphasized the general lack of knowledge regarding the immigration rights and responsibilities of foreigners in Colombia and the numerous requirements they must meet to establish themselves officially and securely in the country. He also pointed out the challenges foreign investors encounter when trying to invest in various Colombian markets.
The country’s economic and social environment is a key concern for foreign investors. Factors such as taxes, stability, housing, investment opportunities, types of visas, culture, and language are critical aspects they consider before deciding to invest. Concern for strengthening these aspects will be fundamental to making the attraction of foreign investors more straightforward and more massive.
This is where expatgroup.co comes in as a valuable resource for foreign nationals. The company facilitates safe, clear, and structured processes, focusing on helping individuals establish themselves legally while protecting their interests. They ensure the proper legalization of investments and guide clients toward the best decisions for placing in a safest way their valuable capital.
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