Transfer money from Colombia to the UK

Member since 14 December 2023

borzojMember14 December 2023 16:15:04

I am not actually living in Colombia but a family member is looking to sale a property we own there and we would need to transfer the money to the UK. Any idea how to do that?

I am hearing doing it using a bank will be expensive.

ChineduOpara Serial expat

Member since 08 August 2021

ChineduOparaSerial expat15 December 2023 15:43:57

344

@borzoj It partially depends on the amount and where the funds are currently located. Where are the funds now... in a regular bank like Bancolombia, or a brokerage like Alianza Valores?

borzoj Member

Member since 14 December 2023

borzojMember17 December 2023 17:39:11

The property is adevrtised byt not sold yet. I am just trying to work out how to do it. The amount will be around four hundred million peso

nico peligro Serial expat

Member since 18 September 2020

nico peligroSerial expat17 December 2023 23:02:47

796

Hope you filled out a formulario 4 or 5 ( as applicable) when you brought money in to buy the hose聽 otherwise you will have a hell of a time getting the money out of rhe country