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Another very attractive aspect to living in Colombia is the reasonable cost of living. There are cities in Colombia that have a cost of living lower than anywhere in South America. One does not sacrifice much with this lower cost of living. In the larger cities there are modern and extensive mass transit systems. The homes are well constructed and dirt cheap, to rent and to buy. Food costs are very low and there is an abundance of fresh vegetables, fruit, and meat. Bread is almost all made in local bakeries and is very inexpensive. Health insurance is very inexpensive and the Colombian health care system is very good. A couple in Colombia pays about $40 a month for health insurance. Furniture in Colombia is mostly handmade and costs about half of what one would pay for equivalent furniture in the United States.
Colombia has a very stable democracy Best places to visit in Colombia and is growing annually at a rate of more than 5% a year. For an employer, the wage costs are a small fraction of what is paid in the United States. Colombia is a much more capitalistic society than the United States. The majority of the businesses in Colombia are small businesses. Also the entry into a business is inexpensive and has no red tape. One can rent a small business site for as little as $100 per month. Colombia is still a country where the brick and mortar stores dominate the market.