What you should keep in mind when investing abroad

With the dollar recently surpassing 4,200 pesos and forecasts suggesting it will continue on that path in the coming weeks, many Colombians are reevaluating their financial strategies. In this context, investments in dollars and abroad have become increasingly common, prompting citizens to diversify their portfolios in search of greater security and profitability.

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According to figures from the Exchange Balance of the Bank of the Republic, Colombian investment abroad has increased by 80% between January and July 2024, compared to the same period of the previous year. This notable growth reflects a growing interest of Colombians in locating capital outside the country, allowing them to take a more optimistic perspective on their financial health.

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Digital tools have made this process easier. In an increasingly interconnected world, carrying out financial transactions online has become simple and efficient. Fintech platforms allow Colombian investors to carry out transactions safely from anywhere in the world.

What to take into account when making investments abroad?

In this scenario, Pacific Bank, part of Grupo Financiero Atlántida (GFA) since 2023, is positioning itself as an attractive alternative for Colombians who want to invest in Panama. With a focus on digital, the bank offers a comprehensive range of financial services, eliminating the need for physical branches and allowing investors to manage their resources efficiently.

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Investment and investments.

Courtesy.

With the intention of guiding Colombian investors, Pacific Bank has developed key recommendations for those seeking to diversify their investments outside the country:

1. Search for strong currencies: Opt for investments in stronger currencies to increase capital, instead of only opting for static investments.

2. Choose digital entities: Opt for banks that offer digital channels to facilitate the management of resources.

3. Check interest rates: Analyze the rates offered to obtain better returns.

4. Select solid companies: Choose entities with recognized financial backing to guarantee the security of investments.

5. Seek professional advice: Consult experts to choose the most appropriate products for your investment objectives.

PORTFOLIO