PM Legal News
Diversification of Colombia’s energy matrix: a step toward sustainability
By Mauricio Torres According to a recent publication on Platform X by Dr. Adrián Correa, Director of the Mining and Energy Unit (UPME), as of July 2024, Colombia has an installed capacity of 1,820 GW of renewable energy (solar and wind) connected to the grid. Of...
A guide to foreign investment in real estate in Colombia
The Colombian real estate market is experiencing significant growth and development. By 2024, the market is expected to reach a staggering value of USD$2.58 trillion. The residential real estate segment holds the dominant position, projected to be US$2.17 trillion in...
Open finance, a new vision of financial information for competition and portability
By Daniel Peña Valenzuela, partner at Peña Mancero Abogados A new paradigm, Open Finance, is gaining ground around the world, and Colombia is no exception, with the aim of empowering financial customers or consumers as owners and proprietors of their personal...
Newsletter June
New customs statute With the execution of Decree 0659 of 2024, a new Customs Statute has entered into force. The new Decree seeks to streamline Colombia's international trade; will allow the National Tax and Customs Directorate (DIAN) to improve controls against...