Colombia has become one of Latin America’s fastest-growing foreign investment destinations in the last few years. In 2024, it attracted $4.35 billion in foreign direct investment (FDI), a jump of nearly 80% from the previous year.
Data from the World Bank shows that FDI now accounts for 3.4% of Colombia’s GDP, placing it ahead of many of its neighbors. International companies have stopped asking if they should invest in Colombia; instead, they’re asking how fast they can get in.
This is where G&D Consulting Group comes in.
With its headquarters in the capital Bogotá with offices in Medellín and Cali, G&D Consulting Group has become the first stop for global firms wanting to enter the Colombian market.
“We’re not just service providers, we act as strategic partners. Our job is to help investors anticipate changes, adopt new technologies and navigate Colombia’s regulatory and labor landscape with confidence,” said G&D Consulting Group Director Jeisson Gómez.
One of the key reasons Colombia is attracting so much attention is its cost advantage in human capital.
Although the country’s minimum salary rose to $324 per month, according to Reuters, investors are able to hire between three and five qualified professionals in Colombia for the cost of just one employee in the United States or Europe.
Added to that, universities have expanded their programs in engineering and technology and the workforce has become increasingly multilingual, with widespread fluency in English, Portuguese, French, and German becoming the norm within schools.
“Investors aren’t just getting affordability, they’re getting talent that’s ready for global business,” Gomez said.
G&D Consulting helps international firms tap into Colombia’s deep talent pool by managing every aspect of market entry and operations, including business incorporation, labor advice and organizational structuring, payroll and compensation planning, full legal incorporation and compliance with Colombian labor laws, monthly accounting, and tax compliance.
Its clients span more than 51 countries across sectors like technology, manufacturing, retail, and professional services. The firm operates in both English and Spanish and is ISO 9001-certified, ensuring internationally recognized quality standards across every service.
Beyond talent and cost, Colombia has also stood out for its improved business environment. The country jumped 19 spots in the World Bank’s latest rankings to No. 12 in the latest “Business Ready” Index.
The improvement reflects Colombia’s advances in regulatory transparency, credit access, and tax reform, areas where G&D provides specialized support. The firm recently helped a Fortune 500 company launch operations in just 16 business days, handling everything from incorporation to payroll and tax onboarding.
“That speed and precision were possible because of our experience in legal, accounting, and labor compliance,” Gomez explained.
Colombia’s location and developed infrastructure have also contributed to this development. Many investors have used the country as a springboard to other Latin America markets, like Mexico, Costa Rica, and Peru.
G&D is already supporting that expansion by educating work groups in each country while guiding clients through the complex requirements of cross-border compliance and staffing.
“Investors don’t need to Google the VAT rate. They need real advice on tax structure, compensation models, and risk. That’s where we come in,” Gomez said.
As Colombia rises in global rankings and investor interest, G&D Consulting has proven itself to be the ideal partner by making it easier for investors to do business in Colombia and helping them grow faster, safer, and smarter across the entire region.
