Investments and Business

In 2022, the year in which the reactivation gained strength, more Colombian households finished paying for their homes and others started payments to fulfill their dream of having their own home. Likewise, more and more people left family houses to start living in a rented place. (See: Why the square meter in Medellín is so expensive).According to the most recent report from the National Administrative Department of Statistics (Dane) on Quality of Life for the year 2022, it is evident that, although the households that lived in their own paid housing are not the same amount as in 2019 (it…

Access to the financial system through loans, savings accounts or credit products is essential for citizens, as it allows them to expand their business, study or buy a home, among others. However, many people fall into difficult economic situations, which prevent them from meeting their obligations and which result, after a while, in negative reports in risk centers. (This is how the reports work in credit centers such as Datacrédito). The people reported may end up outside the formal financial system, with the inability to acquire loans or credits. This scenario leads many to unsuccessfully request a second chance, and…

The drop in home sales that the country has suffered is the result of a challenging macroeconomic outlook. Households struggle between stretching money and surfing the uncertainty of real estate subsidies to access their dream of owning their own home. However, after a prolonged struggle since the pandemic, this year Colombian families no longer see it as a convenient time to buy a home. In this way, the market has been suffering and the willingness to buy is falling more and more.(Four tips so they don't report it to a risk center).According to Fedesarrollo Consumer Opinion SurveyAlthough in March a…

He property tax it came back to the taxpayers' house this 2023 and the deadline to pay it with a 10% discount is getting closer, Well, this is the next June 14. The predial maturities will be the next May 12 with the descendanteitherand the July 14 with full rate.(Forgiveness and relief, what was approved by the PND for Icetex).He payment for property taxes for this 2023 It can be done and the deadline to make the payment under this modality by means of a declaration on May 26. The expirations for this option are as follows:First installment: June 9.Second…