I can certainly confirm the inexpensive price of Colombia and you dont have to live in a rural area either. I live in a suburb of Barranquilla called Soledad and rent a Newly Constructed 3-bedroom 2 bath Condo with Swimming pool and other amenities. I'm in the largest city on the Caribbean coast. A 45 minute drive or ride gets me to the beach from my house. Endless abilities to shop or dine. A 2-hour drive to Cartagena or Santa Marta from here. My rent is $700,000 Colombian pesos per month or ($180 USD) My Utilities average $65 USD per month including Electric, Gas and Water. Thats all my fixed expenses besides groceries for under $250.00 USD per month.
Hello Geno, Two points that may help. First, as you know, Colombia charges utilities by a 1-6 number system. One being the cheapest and six being the highest. I live in a number 4 area. El Poblado as you know is a favorite spot for expats and is a 6. I think this is important because it will change your figures on utilities. Second on food. You are correct if you do not buy packaged, boxed or can food. These foods are in some cases higher than in the U.S. as they have to be imported. Alot of Americans are used to just opening up a box or a can, me included, for a quick meal. This also will change your monthly food bill.
I was shocked by the utility bills here. I am currently living on the coast with the highest electric. I run a pool and A/C, fans 24/7 and my electric is less than 300. I fill the pool for an hour every other day-water leak, evaporation is under 50. We cook with gas every day, 25. We eat pesticide free fruit, veg, chicken daily and I take my fiance out to eat 2-3 times a week. I do this on a small pension and social security.
Great video. O m g I love your home and view. Your bills and home are so affordable. We were just talking about if Costa Rica continues to get more and more expensive( where we live permanently) that we could go to Columbia. We here so many conflicting stories about living there and the crimes etc that I believe you and what you talk about on your channel.
Great video Geno. I just got back from Bogota. A little more on the pricier side,but it is still cheaper than anything in the States. I am awaiting to see if my VA benefits gets bumped up so I can move to Colombia permanently. I love it there, especially around Quindio.
These are my utility costs in a major city on the Caribbean cost: (1) Electricity $854,710 pesos last month USD $207.56, (2) Water $468,241 pesos (USD $113.71), (3) Gas $93,156 (USD $22.62). Utility costs are based on your Estrato (neighborhood) rated Estrato 1 to Estrato 6. My charges are for Estrato 6 and are the highest. Although this gentleman lives in a very rural area with beautiful terrain, I would not feel secure in such a remote area because there are guerilla factions that are active in the outskirts of small towns.
Exactly. I live in an average sized apartment just me in a second-tier city, estrato 6. My monthly utilities are around $500 mil COP ($125 USD) including internet but not including insurances, HOA fees, etc. I suppose what's stated in the video could be theoretically possible, but absolutely not the norm for most expats.
This is a local. I want to clarify something. One thing is mandatory health insurance or EPS (Entidad Promotora de Salud) whose value is deducted from your salary monthly for a reasonable low amount, and another very different thing is Prepaid Medicine, a service that is voluntarily acquired by whoever has the ability to pay for it. To give you an idea, these are the monthly costs of Colsanitas, the second best in Colombia after Sura, although both have similar values. Under 63 years old US$75, 64 to 69 years old US$223, 70 to 74 years old $240, over 75 years old $275. Geno has an EPS, but does not have Prepaid Medicine. If you want to be fully covered in health, with all the services and amenities, you must have a Prepaid Medicine plan, although by law you must also have an EPS. In reality, an EPS leaves you very uncovered and you will run many risks if you are an older person. That is the whole truth.
@@mekareed895 Good question. For Foreign Citizens. Please note that upon entering the country you must have a health insurance policy that allows coverage for any health contingency, however, if you did not acquire it and do not have the ability to pay, you will be guaranteed initial EMERGENCY care, in accordance with the provisions of article 168 of Law 100 of 1993, in accordance with article 67 of Law 715 of 2001 and Law 1751 of 2015. To obtain the benefits of the General Health Social Security System (SGSSS), it is necessary to register with a health promotion entity (EPS). Remember that you must have some of the following identification documents: - Foreigner's ID, passport, diplomatic card or safe conduct for permanence. - Passport for children under seven (7) years of age. To register your family unit, you must present the respective identification documents, as well as those that prove the relationship with the contributor or head of the family. Once you have the valid identification documents, keep in mind the following: - If you are an employee, self-employed or have the ability to pay, you must register and contribute to the contributory regime.
@@mekareed895 From a local. Please note that upon entering the country you must have a health insurance policy that allows coverage for any health contingency, however if you did not acquire it and do not have the ability to pay, you will be guaranteed initial EMERGENCY care, in accordance with the provisions of article 168 of Law 100 of 1993, in accordance with article 67 of Law 715 of 2001 and Law 1751 of 2015. To obtain the benefits of the General Health Social Security System (SGSSS), it is necessary to register with a health promotion entity (EPS). Remember that you must have some of the following identification documents: - Foreigner's ID, passport, diplomatic card or safe conduct for permanence. - Passport for children under seven (7) years of age. To register your family unit, you must present the respective identification documents, as well as those that prove the relationship with the contributor or head of the family. Once you have the valid identification documents, keep in mind the following: - If you are an employee, self-employed or have the ability to pay, you must register and contribute to the contributory regime.
Geno, so glad to see you again! We need your help 🎉 thanks for sharing this insightful information with us! I'm so glad people recognize you on the streets, you're famous. Keep up the good work! Can't wait for the next one!! I'm staying tuned at 100% hasta luego hermano!
I'm currently in Ecuador, but I'm seriously considering relocating to Colombia with my three dogs. I'm just starting my research, but this is so helpful.
Excelente estilo de vida, $72.000 dólares son 5 años renta de $1.200 en USA. Creo que una oportunidad de esas hay que aprovechar. Ahorrando para vivir con esa vista. Gran video Geno.
Did you pay cash for your place? Is there any such thing as owner financing there? What are your ideas and info on building a small house, say with cement block?
Hi Gino, how can I get the same medical insurance that you have? I'm having a hard time finding information about this. I have a condo in Cali, and a Finca near Borerro Ayerbe, but won't be moving permanently down there for two more years. Just waiting for our kid to finish high school, first.
@@genoperezadventures8336 okay, I'll look into it. Thanks for the tip. I hope to meet you some day. You and your wife are welcome to visit me and my wife. We will be coming down in late December for at least 2 months. We have a new 5 bedroom house with 4 bath, that we bought last year, and I upgraded it with a pool, and some small landscaping additions. Anyway, would love to have you both as guests. We are in our 50's.
From a local. Please note that upon entering the country you must have a health insurance policy that allows coverage for any health contingency, however if you did not acquire it and do not have the ability to pay, you will be guaranteed initial EMERGENCY care, in accordance with the provisions of article 168 of Law 100 of 1993, in accordance with article 67 of Law 715 of 2001 and Law 1751 of 2015. To obtain the benefits of the General Health Social Security System (SGSSS), it is necessary to register with a health promotion entity (EPS). Remember that you must have some of the following identification documents: - Foreigner's ID, passport, diplomatic card or safe conduct for permanence. - Passport for children under seven (7) years of age. To register your family unit, you must present the respective identification documents, as well as those that prove the relationship with the contributor or head of the family. Once you have the valid identification documents, keep in mind the following: - If you are an employee, self-employed or have the ability to pay, you must register and contribute to the contributory regime.
Hello Geno...awesome that you own your property. do you have private health insurance? It is my understanding that the reformed inmigration laws of 2023 don't allow expats to be part of the public health insurance. Is it possible you could make a video about how taxes you pay to the Colombian government for global income? Can you talk about international banking to pull your social security benefits? And last but not least , if you could, make a video on the process to buy property. Thanks
Gino, I hope you and Maria are healthy and happy. I really like the finca you’ve bought for 300M more or less, is there any similar properties available for sale? in the UK that’s roughly £60,000 all in, cost to run the place is really inexpensive and very affordable for people earn in £ (£1 = 5,500 COP) if you find any similar fincas for sale, please do a video about it, next time I’ll be in the Colombia will be in the new year
Gino it’s Alberto from Puerto Rico. I’d like to spend at least 3 months in Colombia most likely in an all inclusive hotel in a small town around Bucaramanga. I’d your services mainly to get me around the first 2 weeks and later on drive me back to the airport. But I need to know your costs to budget for all my expenses. Can you still help me ???
@@genoperezadventures8336 Amigo yo vivo en Cuenca Ecuador estado aqui por mas de 2 anos y quisiera encontrar un lugar bonito y tranquilo serca del una playa. Me parese que la vida es mas varata en Colombia que aqui en Ecuador
nice video great content, thx for sharing...would be nice to retire in Colombia. my concern is the security. how does one keep safe in a large city like medellin?
You need a budget of USD 1500 to USD 2000 per month to retire in Colombia, given that the minimum wage is just over USD 255 per month. You likely need to have a cushion of savings equivalent to at least 6 months of living expenses to ensure a comfortable retirement in Colombia
Hello Gino, thank's for your video I hope that your dog is better. Please tell at the people from USA or Europe to spend the same money that the colombians and don't use airbnb!
It's great being a home owner. Rural living rental cost, I'd guess, is no more than at today's rate $150. 00 USD, 600,000 COP. One could live the lifestyle of royalty on $1500.00 USD in Columbia🎉🎉🎉🎉
go to Google type in USD vs COP. 1 United States Dollar equals 4,172.22 Colombian Peso as of now. I have no idea where you got 1237 that sounds like a different country. What is the Blue Rate it probably hasn't' been that low in 50 years.
Oh my gosh. Geno you are paying $85 for all of that and I’m paying $625. And I have a small studio mother-in-law apartment attached onto my landlord’s house. My insurance is not nearly as good. I pay $300 just for the premium every month and then if I actually want to see a doctor have treatment I have to pay the co-pay thousands and deductible and of course lab fees and medicine. With all of that, I’m gonna play at least 8 to 10 times more than you are. Sounds like a great place to semi-retire in Colombia.
Well that's the whole point. 60 million Americans rely totally on social security. Averaging $1800 per month but many only get $900. In many places that won't cover the rent.
@@genoperezadventures8336 yes that’s my lot. I can’t afford to retire in the US on my SS. Even if somebody gave me a house and I had no rent payment. I would still have to pay the high taxes on the property and any repairs. My Social Security would not cover basic living expenses and medical. I’m almost 62 and don’t want to leave family and my new grand baby but would love to semi-retire and enjoy life instead of constantly hustling to pay the bills.
That's true but even if you 10xXs it $197.50 is like a standard water bill in the US and a $600 light bill is common. You can't tell me that your utility bill is over $780,000. COP Maybe with a big house and AC on all the time $200. USD In th USA that same bill would be over $600. USD Thanks for your input.
@@genoperezadventures8336 yep bro Cartagena is pretty expensive I got 900k cop in electricity a month! These dudes are rats! nice house is that near bogota mountains or Medellin?
Being in Cartegena, i can tell you the electricity bill is much, much higher. I know a couple of people who's electric bill was $700-$900 dollars for the month. One gentleman got a bill for $4k US but he's a different story. People that are interested in living the country should know where you live whether it's in the city in estrato 1-6 or in the countryside in Colombia, that determines what your monthly utilities will be.
I don't know if this man is living in the countryside and it most be to get such cheap stuff but I am colombian, living in my country and in order to get such cheap bills , is either living in the countryside which is dangerous because Colombia is so unsafe or living in the city in a low income area where all people have utilities subsidized by government but is also very unsafe .
@@genoperezadventures8336I live in Colombia and it is a matter of reading the every day news to know the high level of insecurity in Colombia, people's bodies found in suitcases all the time , people getting rob and killed all the time and every where in cops' noises, kidnapped and women spread with acid, I encourage people to listen the news , ahh besides strikes every other day, I live in Colombia and for people is a total struggle .
Geno, I can't live in a small town in Colombia when I move out there. When are you going to compare Medellin, Bogatan, Cali, and Bucamaranga cost of living, especially housing rentals?
The highest cost of living is in Medellin and Bogota, and prices between the two are more or less the same. Next in order are Cartagena, Bucaramanga, Pereira and Cali.
Title is click bait dude probably living out in the boonies sitting outside on his porch, doing nothing with life but fading away. My internet bill is $75 a month my electric and gas is $100. My cell phone is $30..
Geno what you don't understand about Colombia is that if you get sick and have to go to the Doctors you will never get the best medicine and it could cost you your life. The other thing is the insecurity, you will never feel safe and could loose your life over a cell phone.
Well Julio if you believe those things why do you watch TH-cam channels about Columbia. I haven't died yet because of bad health care and I have never been robbed. Why I don't go where there is a sure chance of being robbed and Im 5 min from a hospital. If I have a heart attack I will probably be dead before I hit the ground and then it won't really matter. So where do you live and how old are you. If you don't live here then why would you make those comments? Just a question.
This happens in DC, NY, Baltimore. Crime is not a Colombia thing and Healthcare is great for any expat who can afford it. For Colombians is changing thanks to the current government and I know having had Salud Total.
That's all nice but what is the pay scale for people living and working there. If they are only making 10 dollars a day for wages those people are struggling . 50 dollars a week 200 a month
I like your style of presentation, Geno. But allow me 2 questions please. Do you have candlelight parties with your wife every night instead of using electric light? With your monthly electricity bill of 46850 COP and a current electricity price of approx. 810 COP/kWh (approx. 0.20 US-$), you only use approx. 58 kWh/month. That is 15 times less than a 2-person household in the USA consumes (886 kWh/month) according to the EIA (Energy Information Administration). Congratulations, you are very frugal people. The other question concerns your health insurance for 160,000 COP or 40 USD. Of course, you have to say that you have been living in Colombia for several years and are still covered under the old contract rules. These no longer apply to newly arrived foreigners, only to Colombians. As a foreigner of your age, you must expect to pay at least 10 times the amount you pay every month. Old Bob Dylan song: “The times they are a-changin`”. Give your insurance broker a call, he'll be happy to confirm it.
well here is the deal. It is called geo arbitrage. In most countries for 1 USD you can get multiples of pesos or whatever the currency is. Earn dollars buy pesos. Standard wage in Colombia is $1,300,000 pesos per/m which you can live on and that is $325 USD. You can go to the USA for 6 months net $1500 per month. $1500 x 12 = $18,000. USD x 4000 cop =$72,000,000.pesos. That would take them 4.6 years to make the same money. They can come home and buy an apartment that would take them 15 years to pay for and they just did it in 6 months, ? WHO WOULDN'T? That's is just 1 example and 1 country.
Sadly, there are "desplazados" people who are pushing out of their homes / regions of Columbia because of violence, crime, floods and not Job opportunities. So instead of going to another part of the country ( which many do) others decide to leave the country. There are many Colombians in Argentina, Ecuador, Mexico and Spain.
I belive you MEN . The prices are perfect. Next week i move to Bogota.
I can certainly confirm the inexpensive price of Colombia and you dont have to live in a rural area either. I live in a suburb of Barranquilla called Soledad and rent a Newly Constructed 3-bedroom 2 bath Condo with Swimming pool and other amenities. I'm in the largest city on the Caribbean coast. A 45 minute drive or ride gets me to the beach from my house. Endless abilities to shop or dine. A 2-hour drive to Cartagena or Santa Marta from here. My rent is $700,000 Colombian pesos per month or ($180 USD) My Utilities average $65 USD per month including Electric, Gas and Water. Thats all my fixed expenses besides groceries for under $250.00 USD per month.
Thanks for confirming.
This video made me feel better about my day. Being in the USA I starting to feel down. But know this is out there makes me optimistic. Thank you
In the city of Bogotá, the Rosales neighborhood is located, it is located in the town of Chapinero and is the ideal place to invest in housing
Good for you Geno
Hello Geno, Two points that may help. First, as you know, Colombia charges utilities by a 1-6 number system. One being the cheapest and six being the highest. I live in a number 4 area. El Poblado as you know is a favorite spot for expats and is a 6. I think this is important because it will change your figures on utilities. Second on food. You are correct if you do not buy packaged, boxed or can food. These foods are in some cases higher than in the U.S. as they have to be imported. Alot of Americans are used to just opening up a box or a can, me included, for a quick meal. This also will change your monthly food bill.
I was shocked by the utility bills here. I am currently living on the coast with the highest electric. I run a pool and A/C, fans 24/7 and my electric is less than 300. I fill the pool for an hour every other day-water leak, evaporation is under 50. We cook with gas every day, 25. We eat pesticide free fruit, veg, chicken daily and I take my fiance out to eat 2-3 times a week. I do this on a small pension and social security.
Amen
I watch every videos. Geno doing a good job.
You’re getting too famous, Geno. Fans are starting to show up 24/7
Yes sir.
very cool Geno. just got back from my trip. I visited Barranquilla and Medellín. I really want to live in Colombia. are you in the coffee region?
No. In Santander, northeast region. Near San Gil, a small town.
No but we do have coffee but not the altitude.
thats freaking Nutz
Great video. O m g I love your home and view. Your bills and home are so affordable. We were just talking about if Costa Rica continues to get more and more expensive( where we live permanently) that we could go to Columbia. We here so many conflicting stories about living there and the crimes etc that I believe you and what you talk about on your channel.
Well Costa Rica has been found and you might not lie that part. It is much more expensive.
Geno is the man!
Great video Geno. I just got back from Bogota. A little more on the pricier side,but it is still cheaper than anything in the States. I am awaiting to see if my VA benefits gets bumped up so I can move to Colombia permanently. I love it there, especially around Quindio.
Nice!!
Amazing. Living your best life
thanks
I am thinking living the Philippines and go to Colombia perhaps Baranquilla as i love salsa and busy night out
Congratulations Geno
These are my utility costs in a major city on the Caribbean cost: (1) Electricity $854,710 pesos last month USD $207.56, (2) Water $468,241 pesos (USD $113.71), (3) Gas $93,156 (USD $22.62). Utility costs are based on your Estrato (neighborhood) rated Estrato 1 to Estrato 6. My charges are for Estrato 6 and are the highest. Although this gentleman lives in a very rural area with beautiful terrain, I would not feel secure in such a remote area because there are guerilla factions that are active in the outskirts of small towns.
More than I pay in the USA; no thank you ✌🏼
Which city
Exactly. I live in an average sized apartment just me in a second-tier city, estrato 6. My monthly utilities are around $500 mil COP ($125 USD) including internet but not including insurances, HOA fees, etc. I suppose what's stated in the video could be theoretically possible, but absolutely not the norm for most expats.
This is a local. I want to clarify something. One thing is mandatory health insurance or EPS (Entidad Promotora de Salud) whose value is deducted from your salary monthly for a reasonable low amount, and another very different thing is Prepaid Medicine, a service that is voluntarily acquired by whoever has the ability to pay for it. To give you an idea, these are the monthly costs of Colsanitas, the second best in Colombia after Sura, although both have similar values. Under 63 years old US$75, 64 to 69 years old US$223, 70 to 74 years old $240, over 75 years old $275. Geno has an EPS, but does not have Prepaid Medicine. If you want to be fully covered in health, with all the services and amenities, you must have a Prepaid Medicine plan, although by law you must also have an EPS. In reality, an EPS leaves you very uncovered and you will run many risks if you are an older person. That is the whole truth.
Can you get EPS if you have a resident visa or a pension visa?
@@mekareed895 Good question. For Foreign Citizens. Please note that upon entering the country you must have a health insurance policy that allows coverage for any health contingency, however, if you did not acquire it and do not have the ability to pay, you will be guaranteed initial EMERGENCY care, in accordance with the provisions of article 168 of Law 100 of 1993, in accordance with article 67 of Law 715 of 2001 and Law 1751 of 2015.
To obtain the benefits of the General Health Social Security System (SGSSS), it is necessary to register with a health promotion entity (EPS). Remember that you must have some of the following identification documents:
- Foreigner's ID, passport, diplomatic card or safe conduct for permanence.
- Passport for children under seven (7) years of age.
To register your family unit, you must present the respective identification documents, as well as those that prove the relationship with the contributor or head of the family.
Once you have the valid identification documents, keep in mind the following:
- If you are an employee, self-employed or have the ability to pay, you must register and contribute to the contributory regime.
Thanks Pax
im not sure
@@mekareed895 From a local. Please note that upon entering the country you must have a health insurance policy that allows coverage for any health contingency, however if you did not acquire it and do not have the ability to pay, you will be guaranteed initial EMERGENCY care, in accordance with the provisions of article 168 of Law 100 of 1993, in accordance with article 67 of Law 715 of 2001 and Law 1751 of 2015.
To obtain the benefits of the General Health Social Security System (SGSSS), it is necessary to register with a health promotion entity (EPS). Remember that you must have some of the following identification documents:
- Foreigner's ID, passport, diplomatic card or safe conduct for permanence.
- Passport for children under seven (7) years of age.
To register your family unit, you must present the respective identification documents, as well as those that prove the relationship with the contributor or head of the family.
Once you have the valid identification documents, keep in mind the following:
- If you are an employee, self-employed or have the ability to pay, you must register and contribute to the contributory regime.
Geno, so glad to see you again! We need your help 🎉 thanks for sharing this insightful information with us! I'm so glad people recognize you on the streets, you're famous. Keep up the good work! Can't wait for the next one!! I'm staying tuned at 100% hasta luego hermano!
Gracias
I'm currently in Ecuador, but I'm seriously considering relocating to Colombia with my three dogs. I'm just starting my research, but this is so helpful.
It is much safer here.
Excelente estilo de vida, $72.000 dólares son 5 años renta de $1.200 en USA. Creo que una oportunidad de esas hay que aprovechar. Ahorrando para vivir con esa vista. Gran video Geno.
Gracias
Did you pay cash for your place? Is there any such thing as owner financing there? What are your ideas and info on building a small house, say with cement block?
There are mortgages but only lend 20-30%. I looked for owner financing for 4 years an didn't find any. It was a cash deal.
Good day Geno.
You look fantastic.
Give our love to Maria.
Love you bud. ❤
Thank you, I will. LOVE YOU GUYS TOO!
Superb! Do we need to have residency in order to get health insurance please
NOPE!
Hi Gino, how can I get the same medical insurance that you have? I'm having a hard time finding information about this. I have a condo in Cali, and a Finca near Borerro Ayerbe, but won't be moving permanently down there for two more years. Just waiting for our kid to finish high school, first.
My wife took me to a Nuevo EPS office and that is where. I signed up.
@@genoperezadventures8336 okay, I'll look into it. Thanks for the tip. I hope to meet you some day. You and your wife are welcome to visit me and my wife. We will be coming down in late December for at least 2 months. We have a new 5 bedroom house with 4 bath, that we bought last year, and I upgraded it with a pool, and some small landscaping additions. Anyway, would love to have you both as guests. We are in our 50's.
@@genoperezadventures8336 can you find out for me what is the name of the company of that EPS?
From a local. Please note that upon entering the country you must have a health insurance policy that allows coverage for any health contingency, however if you did not acquire it and do not have the ability to pay, you will be guaranteed initial EMERGENCY care, in accordance with the provisions of article 168 of Law 100 of 1993, in accordance with article 67 of Law 715 of 2001 and Law 1751 of 2015.
To obtain the benefits of the General Health Social Security System (SGSSS), it is necessary to register with a health promotion entity (EPS). Remember that you must have some of the following identification documents:
- Foreigner's ID, passport, diplomatic card or safe conduct for permanence.
- Passport for children under seven (7) years of age.
To register your family unit, you must present the respective identification documents, as well as those that prove the relationship with the contributor or head of the family.
Once you have the valid identification documents, keep in mind the following:
- If you are an employee, self-employed or have the ability to pay, you must register and contribute to the contributory regime.
Great stuff Geno. I too can confirm utilities, except if you’re using AC, like where I am in Minca. But Barichara area electricity is low.
Thanks for the info!
Hello Geno...awesome that you own your property. do you have private health insurance? It is my understanding that the reformed inmigration laws of 2023 don't allow expats to be part of the public health insurance. Is it possible you could make a video about how taxes you pay to the Colombian government for global income? Can you talk about international banking to pull your social security benefits? And last but not least , if you could, make a video on the process to buy property. Thanks
Well I will never do a tax or SS video. I'm not an expert in that field. However I do have information but it will cost you a call.
I wanted to know how easy it is to find a small rental house with land for garden and a local school
It is just a hunt. It is as hard as you make it. In other words not hard at all.
Weather there is the best in the world
Yes it is.
You can chose which climate you want to live in.
Gino, I hope you and Maria are healthy and happy. I really like the finca you’ve bought for 300M more or less, is there any similar properties available for sale? in the UK that’s roughly £60,000 all in, cost to run the place is really inexpensive and very affordable for people earn in £ (£1 = 5,500 COP) if you find any similar fincas for sale, please do a video about it, next time I’ll be in the Colombia will be in the new year
@@bitcoin835 will they come and go when you need to be here or be ready when you want one.
colombia dream
Gino it’s Alberto from Puerto Rico. I’d like to spend at least 3 months in Colombia most likely in an all inclusive hotel in a small town around Bucaramanga. I’d your services mainly to get me around the first 2 weeks and later on drive me back to the airport. But I need to know your costs to budget for all my expenses. Can you still help me ???
I sure can give me a call.
@@genoperezadventures8336
Type me your WhatsApp number please !
Hi hope that all is well with you and your family I'm looking to relocate to Columbia with my son and I need your help
I am available thanks.
Hi looking at your cost of living video how much is your rent
Rents run from $175 USD and up. Middle class $200 to $250 higher in the city.
@@genoperezadventures8336 Amigo yo vivo en Cuenca Ecuador estado aqui por mas de 2 anos y quisiera encontrar un lugar bonito y tranquilo serca del una playa. Me parese que la vida es mas varata en Colombia que aqui en Ecuador
nice video great content, thx for sharing...would be nice to retire in Colombia. my concern is the security. how does one keep safe in a large city like medellin?
Pay attention and don't do stupid stuff.
Gino, do you still live in San Gil?
Close 15 min
You are now a star. You have groupies. Do tell, are you earning many times your cost of living?
Not enough yet!
Sweet 👍
Oh yeah!
What are taxes like?
I don't answer tax questions.
300,000,000 Colombian Peso =
71,580 US Dollar at todays rate if you can get it
Hi Geno, I want to book a call with you, how do I set it up?
Just call me and I will tell you or genoperezadventures.setmore.com/
Excellente vida. However I fear living in isolated area.
Im a fan of geno, at the same time i also agree with you
Really you don't see the hotel come on you lived here a long time.
@genoperezadventures8336 in fairness i havent seen the video yet, just went to the comments, will view later and revise any comments if necessary
You can live in a city as well. There's no much difference.
Geno, tienes una finquita muy bonita, esta linda de verdad ❤
Muchísimas gracias !
You need a budget of USD 1500 to USD 2000 per month to retire in Colombia, given that the minimum wage is just over USD 255 per month. You likely need to have a cushion of savings equivalent to at least 6 months of living expenses to ensure a comfortable retirement in Colombia
Well that's not true where I live I am all in for $650. USD per/Month.
@@genoperezadventures8336wow
Congrats
Hello Gino, thank's for your video I hope that your dog is better. Please tell at the people from USA or Europe to spend the same money that the colombians and don't use airbnb!
That's true many pay Air B&B and drive prices up for Colombians
Where you getting medical for $40 per month?
Full coverage Nuevo EPS it has been going up a bit every month.
Gino donde vives en qué lugar de Colombia
Cerca de San Gil Santender Colombia
It's great being a home owner. Rural living rental cost, I'd guess, is no more than at today's rate $150. 00 USD, 600,000 COP. One could live the lifestyle of royalty on $1500.00 USD in Columbia🎉🎉🎉🎉
Where are you finding 4,000 pesos to 1 USD???? Just looked and Blue Rate is 1,273 per dollar....
go to Google type in USD vs COP. 1 United States Dollar equals
4,172.22 Colombian Peso as of now. I have no idea where you got 1237 that sounds like a different country. What is the Blue Rate it probably hasn't' been that low in 50 years.
@@genoperezadventures8336 Your right; I was looking at Argentina's peso rate....
Oh my gosh. Geno you are paying $85 for all of that and I’m paying $625. And I have a small studio mother-in-law apartment attached onto my landlord’s house. My insurance is not nearly as good. I pay $300 just for the premium every month and then if I actually want to see a doctor have treatment I have to pay the co-pay thousands and deductible and of course lab fees and medicine.
With all of that, I’m gonna play at least 8 to 10 times more than you are.
Sounds like a great place to semi-retire in Colombia.
Well that's the whole point. 60 million Americans rely totally on social security. Averaging $1800 per month but many only get $900. In many places that won't cover the rent.
@@genoperezadventures8336 yes that’s my lot. I can’t afford to retire in the US on my SS. Even if somebody gave me a house and I had no rent payment. I would still have to pay the high taxes on the property and any repairs. My Social Security would not cover basic living expenses and medical. I’m almost 62 and don’t want to leave family and my new grand baby but would love to semi-retire and enjoy life instead of constantly hustling to pay the bills.
So 78000 u.s. dollars for your house?
Yes Sir
@@genoperezadventures8336 Thanks.I was just trying to figure out how much money I should have saved up
Bro I’m from Colombia, I live in Cartagena! It depends on were you live you probably do not live in a city!
That's true but even if you 10xXs it $197.50 is like a standard water bill in the US and a $600 light bill is common. You can't tell me that your utility bill is over $780,000. COP Maybe with a big house and AC on all the time $200. USD In th USA that same bill would be over $600. USD Thanks for your input.
@@genoperezadventures8336 yep bro Cartagena is pretty expensive I got 900k cop in electricity a month! These dudes are rats! nice house is that near bogota mountains or Medellin?
im in santa marta , and i didnt believe you ... but , im going to move here
Believe it now?
Being in Cartegena, i can tell you the electricity bill is much, much higher. I know a couple of people who's electric bill was $700-$900 dollars for the month. One gentleman got a bill for $4k US but he's a different story. People that are interested in living the country should know where you live whether it's in the city in estrato 1-6 or in the countryside in Colombia, that determines what your monthly utilities will be.
Well you're right probably strata 6 and I don't live in Cartagena but thanks for the comment.
Those stem cells did wonders for you. You look 5 to 10 years younger. By the way, my electric bill last month in the Northeast USA $511
Yes I use to pay those too.
BTW the stem cell are working great thanks for noticing.
I don't know if this man is living in the countryside and it most be to get such cheap stuff but I am colombian, living in my country and in order to get such cheap bills , is either living in the countryside which is dangerous because Colombia is so unsafe or living in the city in a low income area where all people have utilities subsidized by government but is also very unsafe .
Well tell me where you live and exactly how safe it it. I hope you live in Colombia. The big cities in Colombia are still cheaper than the US.
@@genoperezadventures8336I live in Colombia and it is a matter of reading the every day news to know the high level of insecurity in Colombia, people's bodies found in suitcases all the time , people getting rob and killed all the time and every where in cops' noises, kidnapped and women spread with acid, I encourage people to listen the news , ahh besides strikes every other day, I live in Colombia and for people is a total struggle .
Don’t move to a foreign country unless you know what you’re doing, have plans and know people where you’re going. 🧐
Same applies for Texas and CA and Colorado.
Where in colombia?
15 min from San Gil Santender Colombia
So you need to get a visa or such ?
yes
Saiyan Chan brought me here.
Well thanks and he is a friend of mine.
He is a friend of mine too. From a local.
Geno, I can't live in a small town in Colombia when I move out there. When are you going to compare Medellin, Bogatan, Cali, and Bucamaranga cost of living, especially housing rentals?
Good question.
The highest cost of living is in Medellin and Bogota, and prices between the two are more or less the same. Next in order are Cartagena, Bucaramanga, Pereira and Cali.
Hows healthcare for older people.
Great!
What is the name of your health insurance?
Title is click bait dude probably living out in the boonies sitting outside on his porch, doing nothing with life but fading away.
My internet bill is $75 a month my electric and gas is $100. My cell phone is $30..
You gotta love haters. Their lives are small.
@@genoperezadventures8336 not haters.. Just reality of life. Be more specific with out click bait title.. Cost of living in small town in Colombia..
may as well be living in a tent in the middle of the woods. who wants to live like that unless you are close to 80
Geno what you don't understand about Colombia is that if you get sick and have to go to the Doctors you will never get the best medicine and it could cost you your life. The other thing is the insecurity, you will never feel safe and could loose your life over a cell phone.
Colombia ranks #22 in top countries for health coverage. The US is 33 or so. Many of the top hospitals in South America are in Colombia.
Well Julio if you believe those things why do you watch TH-cam channels about Columbia. I haven't died yet because of bad health care and I have never been robbed. Why I don't go where there is a sure chance of being robbed and Im 5 min from a hospital. If I have a heart attack I will probably be dead before I hit the ground and then it won't really matter. So where do you live and how old are you. If you don't live here then why would you make those comments? Just a question.
This happens in DC, NY, Baltimore. Crime is not a Colombia thing and Healthcare is great for any expat who can afford it. For Colombians is changing thanks to the current government and I know having had Salud Total.
@@danzinor Yes. The No.1 hospital in Colombia and South America for several years, in terms of quality, is Fundación Valle del Lili in Cali.
That's all nice but what is the pay scale for people living and working there.
If they are only making 10 dollars a day for wages those people are struggling .
50 dollars a week 200 a month
Who said they were only making $10 the national minimum wage is $325 plus benefits.
I like your style of presentation, Geno. But allow me 2 questions please. Do you have candlelight parties with your wife every night instead of using electric light? With your monthly electricity bill of 46850 COP and a current electricity price of approx. 810 COP/kWh (approx. 0.20 US-$), you only use approx. 58 kWh/month. That is 15 times less than a 2-person household in the USA consumes (886 kWh/month) according to the EIA (Energy Information Administration). Congratulations, you are very frugal people. The other question concerns your health insurance for 160,000 COP or 40 USD. Of course, you have to say that you have been living in Colombia for several years and are still covered under the old contract rules. These no longer apply to newly arrived foreigners, only to Colombians. As a foreigner of your age, you must expect to pay at least 10 times the amount you pay every month. Old Bob Dylan song: “The times they are a-changin`”. Give your insurance broker a call, he'll be happy to confirm it.
Well thanks and i will NOT be calling an insurance broker.
Geno, at your age you should have more comprehensive health insurance.
Pablo I don't know what you're talking about I have full coverage that takes care of everything I don't know what else you could ask for.
@@genoperezadventures8336 Which Colombian EPS do you use?
Colsanitas, Medisanitas etc.
Could anybody do the math as fast as he talked? Meaningless to me!
You must live outside of Bogota!
Who is crazy enough to live in Bogata?
Why do so many Columbians come to America?? Legal or illegal?? Why don't people stay in their own countries??
well here is the deal. It is called geo arbitrage. In most countries for 1 USD you can get multiples of pesos or whatever the currency is. Earn dollars buy pesos. Standard wage in Colombia is $1,300,000 pesos per/m which you can live on and that is $325 USD. You can go to the USA for 6 months net $1500 per month. $1500 x 12 = $18,000. USD x 4000 cop =$72,000,000.pesos. That would take them 4.6 years to make the same money. They can come home and buy an apartment that would take them 15 years to pay for and they just did it in 6 months, ? WHO WOULDN'T? That's is just 1 example and 1 country.
Sadly, there are "desplazados" people who are pushing out of their homes / regions of Columbia because of violence, crime, floods and not Job opportunities. So instead of going to another part of the country ( which many do) others decide to leave the country. There are many Colombians in Argentina, Ecuador, Mexico and Spain.
@@genoperezadventures8336 I understand the concept it's very incredible right now the buying power in colombia for the USA Dollar.