What is the minimum income requirement for the Colombia DNV?
AI Answer
The minimum income requirement for the Colombia Digital Nomad Visa (DNV) is $684 USD per month. This is based on the current minimum wage in Colombia, which is 1,300,000 COP, and the DNV requires applicants to demonstrate income equal to at least three times that amount.
At the time of writing, 1,300,000 COP converts to roughly $342 USD. So, three times that is $1,026 USD. However, the visa stipulations often use a slightly lower, fixed USD conversion for this purpose, hence the $684 USD figure often cited. Always double-check the latest official government sources for the exact exchange rate they use for DNV applications.
Even though the income requirement is relatively low, remember to factor in actual living costs. While you can find a decent apartment in Medellín for $400-$600 USD, and groceries might be $150-$250 USD, you'll want more buffer. Aiming for $1,500-$2,000 USD per month will give you a much more comfortable lifestyle and cover unexpected expenses.
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