Colombia establishes legal path for citizens abroad to finance homes

The Colombian government established a permanent legal framework through Ley 2639 de 2026 to help citizens living outside the country finance homes in Colombia.

This program, called Mi Casa en Colombia, provides mortgage loans and housing leasing options to Colombians who are members of the Fondo Nacional del Ahorro (FNA), a state savings and housing fund.

The law allows these individuals to manage the process through a permanent virtual channel, removing the need for them to travel to Colombia to complete paperwork. The law prioritizes specific groups for these housing benefits, including single mothers with minor children in Colombia, people with relatives up to the second degree of kinship who have a disability, and Colombians with asylum or refugee status.

To qualify, applicants must have an Ahorro Voluntario Contractual (AVC) account, which is a voluntary savings plan with a fixed contract. While the law creates the framework, it does not yet specify interest rates, loan terms, or exact financing percentages. Authorities in Colombia have six months from the law's publication to finalize the detailed regulations. The board of the FNA, along with finance and housing authorities, will write these rules, which are expected to be ready around April 2027.

Until those rules are finalized, the government advises eligible members to keep their savings active and wait for the official regulations before planning a purchase.