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Expat Community > Colombia

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Salario Minimo Increase 9.5%

1 month ago
As usual unions and businesses did not come to agreement so the president set the new increase. Translates to $1.423.500 plus transport subsidio $200.000 for a total of $1.623.500. Principal effect on ex pat residents is the increase for health insurence payments but also car insurance and of course empleados.

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