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Post Info TOPIC: Taxation in Colombia


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Taxation in Colombia
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Hello All,
       Im considering to retire in Medellin next year. I visited the city this past February and enjoyed the city.  i was very impressed.  Im 61 years old from the USA.  I would be living on my pension from my job, Social Security benefits, and possibly monthly payments from my 401k.  I have read that if you live in Colombia as an expat for more than five years, Colombia will require you to pay taxes on your income. My questions are:  Will I be dual taxed from Colombia and the USA?  If so, Colombia will look at my retirement benefits as taxable income then?  I see there is no  tax treaty between the USA and Colombia.

please help.
Thanks.
I didn't find the right solution from the internet.
References: http://www.expat.com/forum/viewtopic.php?id=590959

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