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Posts under ‘Business’

Bogota’s Hotel Industry Boom

Bogota hotel industry attracts several international chains.
Have you heard about Bogota, Colombia attracting a lot of attention as an important and attractive destination for tourism and business lately? Well, it’s true and for several good reasons. The capital of Colombia is now as safe, and in some cases safer, than many cities in the U.S. [...]

Getting Around Bogota Colombia by Taxi

Bogota’s transportation system can seem a bit overwhelming at times, especially if it’s your first visit, but once you acquire a feeling for the layout of the city and the different modes of transportation you’ll feel more confident about getting around whether you are a tourist or on business.
These are the three main ways to [...]

500 million Colombian Flowers to be Exported for Valentine’s Day

Valentine’s Day is just around the corner and the Colombian flower industry is working hard to meet the demands of their most important customer: the United States. In just over three decades Colombia has become the world’s second largest flower exporter after the Netherlands and this year, an estimated 500 million flowers will be exported [...]

Bogotá, Colombia: “One of South America’s most attractive cities for foreigner’s to live and invest in.”

The New York Times has published a great article touting Bogotá’s real estate market, economy, and security. Read the whole story here and find out why so many people are looking to Bogotá and all that is has to offer.
“In practical terms, it is very difficult for a foreigner to get a mortgage…unless he or she [...]

President Obama Believes in Strengthening Commercial Ties with Colombia

President Obama delivered his first State of the Union address last night, Wednesday January 27th 2010.
Although pressing domestic issues such as the slowly recovering economy, creation of much needed jobs, the divisive political climate in Washington, and health care reform dominated the speech, Obama did highlight the importance of strengthening commercial relations with key partners [...]

Competing Colombian Airlines to Drive Down Prices and Boost Tourism

More airlines mean more competition, creating a healthy competitive environment for Colombia’s growing airline industry.
Out of the three main commercial airlines in Colombia (Avianca, Aires, and Aero Republica), Aires has demonstrated the most effective growth strategy in recent years. Consistent efforts to improve and attract more passengers is evident and last year alone the airline [...]

Colombia & Panama Take Steps Towards Signing FTA

As efforts to materialize an agreement between Colombia and Panama continue, Colombian President Alvaro Uribe Vélez emphasizes the importance of an integral treaty consisting of free trade, investment promotion and security, and double taxation.
Successful financial and trade relations between the two countries could serve as a benchmark for other similar agreements in Latin America. The [...]

Bogota Real estate: Dollar begins to strengthen (finally)

In a combination of moves by the Uribe Administration and international currency traders, the dollar began to strengthen yesterday versus many of the World´s currencies including the Colombian peso.  The central bank in Bogota announced late last week that they would start buying dollars on the currency market in an effort to stop the Colombian [...]

Exchange Rates and Bogota Real Estate

How the exchange rate effects your Bogota real estate investment.
s the world economy was on the brink of collapse earlier this year, many world governments and large institutional investors sold off their investments in equities and other high risk financial instruments and flocked to what was at the time the world’s safest investment, U.S. Government-backed [...]