Legal Bulletin


Sale of new residential real estate worth more than 26.800 UVT (COP$ 797.380.400) would be subject to 5% VAT.

With the tax reform, new “high cost” housing will be subject to VAT. New housing catalogued as “social interest housing” (VIS) or “priority interest housing” (VIP), rural or urban, will not be taxed with VAT. Real estate destined to uses different to housing will continue being excluded from VAT.