Money

Colombia currency: the Colombian peso

January 12, 2018 // 12 Comments

I had a request recently from someone who wanted me to write a blog post about Colombia’s currency. They had recently arrived in Bogota and had exchanged some dollars for Colombian pesos. At the time of writing, there were about 3,000 pesos to the dollar. This means that if you wanted to change $1,000 US dollars, you’d receive about $3 million pesos. All [more]

Salaries, Tax and Working in Bogota

December 2, 2014 // 45 Comments

A common question I get asked is how easy it is when it comes to finding work in Bogota. Salaries can vary a lot, so if you’re considering moving here, you’ll definitely want an idea of how much you could potentially be earning once you find a job. You may even decide that remote-working in Bogota is the best option, as these jobs often pay in dollars or [more]

How do I make money in Bogota?

December 1, 2014 // 3 Comments

The question that many people ask themselves when considering moving to another country is – how will I make money? Is it easy to make money in Bogota? you ask. Not easy, but with the right skills, experience and a lot of determination and perseverance, it can be done. I will give an outline of how I am making money (or have made money) in Bogota, to give you [more]

Cost of Living in Bogota

November 17, 2014 // 9 Comments

This post was updated in July 2016. Due to fluctuating exchange rates, I have changed the amounts to reflect the current cost of living in Bogota in Colombian pesos. Please note that these figures are based on living in an estrato 4 building, and will increase significantly for estratos 5 and 6. For more information on estratos, have a look at my post on Where to [more]

Banks in Bogota

November 7, 2014 // 3 Comments

Banks in Bogota are somewhat of a culture-shock in themselves, for a number of reasons. Here, I tell of my experience of opening and having a bank account in Colombia. Firstly, you will need your cédula (Colombian ID card) to open a bank account; the cédula is the main form of ID here, and if you think that your internationally-recognised passport should [more]

Where to change euros and dollars for pesos in Bogota

May 4, 2014 // 2 Comments

Updated January 2018 There are a number of exchange bureaus near the Museo del Oro Transmilenio station in the centre of Bogota for changing dollars for pesos (as well as many other world currencies). This should result in you getting a much better rate than if you change dollars at a shopping mall – just make sure you shop around! Changing euros or dollars for [more]