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Colombia as an Offshore Business Destination

Colombia is an emerging market that is growing in interest to foreign Simplified Stock Corporation (SAS) business owners for more than just lifestyle reasons. The close proximity to the U.S., access to a lower cost and higher quality outsourced workforce, as well as the country’s capitalist-friendly policies are a few of the reasons why more and more U.S. business owners are seeing Colombia as a strategic market to expand their business in South America.  

Starting a SAS in Colombia could be an opportunity to serve both the Colombian and U.S. markets. Many U.S. expats are opening a SAS in the flourishing coffee industry, working with textiles, infrastructure, or other agricultural industries. While other  U.S. expats are looking at serving the U.S. market through a contrato de mandato or similar partnership agreement with a local SAS in order to outsource labor and accomplish a shared business goal.