Colombia is certainly very serious about encouraging filmmaking. Law No. 1556 (also called 40%-20%), implemented in 2012, wants to make Colombia one of the most appealing and attractive destinations for international film production in South America.
Government incentives -implemented as a cash refund rather than a tax rebate- are currently very generous. Since 2012 the country offers a cash reimbursement for films partially or totally produced in Colombia (long feature films, TV movies with a broadcast of up to 2 episodes, documentaries, and animation).
It is called the law 40%-20% because it covers 40% for 'film services' (services related to audiovisual pre production, production, or post-production, including artistic and technical services) and 20% for 'film logistics services' (those that provided for hotel, catering, and transportation) of the amount spent in the country.
Moreover, the country's second city, Medellín, is offering an additional 15% to film there.
The cash rebate applies to services provided by Colombian entities or persons that are domiciled or residing in the country. It will be paid with resources of the Colombia Film Fund (FFC in its Spanish acronym), a financing instrument with funds from the General National Budget.
- The project in question shall entail expenditures in film services or film logistics services of approximately USD 600,000 to qualify, and no ceiling is specified.
- The project shall entail total or partial filming in Colombia. As for animated work, this item refers to carrying out production work in the country.
Submitted projects shall be evaluated by CPFC (Colombian Film Promotion Committee) to determine whether they comply with the purposes of Law No. 1556. Considering the fact that Colombia Film Fund has limited resources (around USD $12 Million for 2015), every year a decision is reached as to which of the total submissions shall receive reimbursement and in what amount.
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Identified among the emerging countries of the 21st century, Colombia has risen as the go-to location for an increasing number of filmmakers. The country is safe and stable; it has turned the page on the violence of its past and its reputation of the 1980s no longer stands.
Our enthusiasm for Colombia’s future is increasing everyday. We’ve serviced top-tier production teams at all levels, and we are becoming wiser every year - new talent, new reps, new office to host international teams, new associations, and renovated energy to boost our service capacity. We can surely deliver the best shoot for your budget in Colombia; the local gear is high-end, some administrative procedures are easier than in other countries, plus local teams go beyond because they love working with foreign directors. We’ll happily be your host here, sharing with you tips on this booming South American country.
Colombia’s privileged location on the Equator assures 12-hour workdays in daylight all year round. Weather distinctions are based on altitude so any climate can be found in Colombia at all times from snowy mountains to deserts at sea level.
This amazingly beautiful treasure is like a miniature portrait of South America, as well as being the most cost-effective option in the area.
Colombia sits on both the Caribbean Sea and the Pacific Ocean, allowing for distinct coastal settings, lush countryside, deserts, and jungles populated by colonial towns and modern city structures. All regions exemplify the incredible racial and cultural variety that characterizes this country with so much virgin territory for filmmakers!
High international investment rates in local development and low-cost transport options are improving the country's infrastructure, making it even more competitive. On average, Colombia’s film services cost about 30% less than Brazil or Mexico and 20% less than Argentina. The relative weakness of the Colombian Peso, combined with Colombia’s status as a relatively undiscovered service location, makes it one of the most advantageous options in the world--the most cost-efficient option in Latin America.
The Colombian State offers up-to-60% cash rebates to feature film productions and TV movies spending $500,000 USD in the country.
Therefore, the local English-speaking crews and art & construction departments are highly experienced, meeting all high-end industry standards, mainly in Bogotá and Medellin.
Colombia has a wide range of looks providing a rich palette for casting, enhanced lately by new immigrants. Moreover the country’s strong performing, acting, and modeling tradition define the lively local character.
Colombians are undoubtedly very friendly; they enjoy life’s sense-invigorating pleasures like socializing, dancing, and eating… and our clients can rest assured that, after work, Colombia is also definitely very fun!