To start your investment journey in the Colombian Stock Exchange you should know a few things.
To start your investment journey in the Colombian Stock Exchange you should know a few things:
First of all pick one brokerage firm member of the BVC (Colombia Stock Exchange by its Spanish acronym), and take into account that paperwork is required because of the need to stablish the origin of the money to invest, and open an account with this them.
According to Carlos Andrés Daza branch manager in the city of Medellin of the brokerage firm Ultrabursatil, there are a few restrictions for foreigners to invest; for example in the first issuance of shares of a state owned company and in others that are privates and not allow them to participate at least until the second issuance.
All investors that are interested in diversifying their portfolio of investments should keep in mind that the Colombian Stock market is one of the fastest growing in recent years.