IPSA 10,706 ▲ 0.29% IPC MEX 67,416 ▲ 1.72% COLCAP 2,261.53 ▼ 0.42% BVL PERÚ 55,499.07 ▲ 1.21% USD/BRL5.16▼ 0.31% USD/MXN17.52▲ 0.08% USD/PEN3.41▼ 0.42% USD/ARS1,477▼ 0.15% USD/UYU40.13▲ 1.17% USD/PYG6,088▲ 1.58% USD/BOB6.86▲ 1.44% USD/DOP58.78▲ 1.51% USD/CRC451.66▲ 2.13% USD/GTQ7.62▲ 2.07% USD/PAB1.00— 0.00% USD/JMD155.98▼ 0.10% USD/TTD6.73▲ 0.94% BRENT 73.71 ▼ 2.06% WTI 70.13 ▼ 2.49% IRON ORE 161.91 — — COPPER 6.10 ▲ 0.53% SILVER 58.24 ▼ 0.19% SOY 1,151 ▲ 2.04% CORN 442.00 ▲ 6.57% WHEAT 594.00 ▲ 0.51% COFFEE 263.45 ▼ 9.64% SUGAR 13.49 ▼ 0.44% ORANGE JUICE 141.85 ▲ 1.98% COTTON 76.61 ▲ 6.27% COCOA 5,331 ▲ 8.75% BEEF 247.23 ▼ 3.43% CATTLE 373.03 ▲ 0.03% LITHIUM 78.45 ▼ 0.58% PETR4 38.45 ▲ 0.42% VALE3 78.66 ▲ 1.20% ITUB4 41.70 ▲ 1.78% BBDC4 17.62 ▼ 0.17% ABEV3 16.39 ▲ 0.06% BBAS3 20.05 ▲ 1.62% B3SA3 14.61 ▼ 2.79% PRIO3 53.94 ▼ 0.30% SUZB3 42.00 ▼ 0.47% RENT3 42.35 ▲ 1.41% AZZA3 19.80 ▲ 2.54% CSAN3 3.71 ▲ 0.27% RAIZ4 0.42 — 0.00% GMAT3 3.83 ▲ 0.26% PSSA3 52.60 ▲ 0.42% CVCB3 1.42 — 0.00% POSI3 3.93 ▼ 0.25% SLCE3 13.30 ▼ 0.52% NATU3 7.82 ▲ 0.13% CSNA3 4.82 ▼ 4.74% CMIN3 4.24 ▼ 0.70% USIM5 8.50 ▼ 2.07% GGBR4 21.44 ▲ 0.28% ENEV3 26.12 ▲ 0.69% CPFE3 45.12 ▲ 1.69% CMIG4 10.79 ▲ 0.65% EQTL3 39.05 ▲ 2.76% LREN3 14.52 ▲ 0.14% VIVT3 34.57 ▲ 0.93% RAIL3 13.45 ▲ 3.62% RAIA DROGASIL 17.20 ▲ 0.70% RDOR3 34.55 ▲ 1.32% HAPV3 10.12 ▼ 0.49% FLRY3 15.45 ▲ 1.91% UGPA3 25.25 ▼ 0.28% VBBR3 29.17 ▲ 0.21% BBSE3 38.87 ▲ 0.49% BPAC11 54.30 ▲ 1.19% CURY3 34.71 ▼ 0.72% VAMOS 2.82 ▲ 1.81% ASAI3 8.61 ▲ 4.11% SBSP3 28.90 ▲ 1.51% WALMEX 51.12 ▼ 0.76% GMEXICO 202.99 ▲ 2.97% CEMEX 21.68 ▲ 2.80% BIMBO 56.38 ▲ 2.12% AMX 23.05 ▲ 0.66% GAP 444.19 ▲ 2.34% OMA 243.69 ▲ 3.06% KOF 185.20 ▲ 0.77% GRUMA 282.99 ▲ 0.50% KIMBER 38.24 ▲ 2.63% SQM-B 67,050 ▼ 3.53% COPEC 5,802 ▼ 0.48% BSANTANDER 73.50 ▲ 2.07% FALABELLA 5,890 ▲ 5.94% ENELAM 81.51 ▼ 0.31% CENCOSUD 2,123 ▲ 0.57% CMPC 1,040 ▲ 0.42% PAMPA 4,933 ▼ 0.70% ALUAR 990.00 ▼ 3.60% CEPU 2,223 ▲ 0.77% COME 41.02 ▼ 2.38% LOMA NEGRA 3,560 ▼ 0.49% BYMA 300.00 ▼ 2.60% TELECOM ARG 3,950 ▼ 0.06% ECOPETROL 14.45 ▼ 0.96% GRUPO AVAL 5.10 ▼ 1.35% SOUTHERN COPPER 174.73 ▲ 1.68% BUENAVENTURA 30.71 ▲ 3.23% XP 15.78 ▲ 1.41% STONE 10.79 ▼ 0.28% GLOBANT 27.73 ▼ 4.77% TECNOGLASS 44.07 ▼ 2.74% GAP AIRPORT 252.64 ▲ 2.87% AMX ADR 26.30 ▲ 1.19% ITAU ADR 8.03 ▲ 1.90% SANTANDER BR 5.16 ▲ 0.39% CSN 0.96 ▼ 2.48% BTC 60,238 ▲ 0.86% ETH 1,572 ▲ 0.44% SOL 69.85 ▲ 3.37% XRP 1.04 ▼ 0.18% AVAX 6.25 ▲ 0.45% NEAR 1.83 ▲ 0.10% ATOM 1.62 ▲ 0.46% AAVE 85.56 ▲ 4.02% SELIC 14.25% USD/CLP920.11▲ 0.10% USD/COP3,432▼ 0.31% USD/HNL26.69▲ 1.22% USD/NIO36.62▲ 0.31% USD/VES620.66▲ 5.79% EUR/BRL5.87▼ 0.62% WEGE3 46.50 ▼ 0.24% PCAR3 2.26 ▲ 7.11% BRKM5 6.82 ▼ 10.50% RANI3 7.77 ▼ 0.26% EMBRAER 81.10 ▲ 1.40% EMBRAER ADR 62.80 ▲ 1.83% JBS 12.03 ▼ 1.31% JBS BDR 62.13 ▼ 2.14% MBRF3 16.65 ▲ 3.16% MBRFY 3.13 ▲ 2.62% KLABIN 17.05 ▲ 1.19% SMTO3 14.71 ▼ 0.07% AERI3 2.07 ▲ 0.49% PAGSEGURO 8.74 ▼ 0.34% VIVARA 23.08 ▲ 1.90% INTER 5.24 ▼ 0.76% COMPASS 25.54 ▲ 2.57% SANB11 26.20 ▼ 0.68% FEMSA 219.34 ▲ 1.18% 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0.50% EUR/USD1.14▲ 0.26% GBP/USD1.32▲ 0.32% SPX 7,357 ▼ 0.01% DJI 51,921 ▲ 0.14% NDX 29,440 ▲ 0.75% RUT 3,008 ▲ 0.71% TSX 34,850 ▲ 0.33% VIX 19.62 ▲ 3.86% USD/CAD1.42▼ 0.15% US10Y 4.3920 ▼ 0.23% IPSA 10,706 ▲ 0.29% IPC MEX 67,416 ▲ 1.72% COLCAP 2,261.53 ▼ 0.42% BVL PERÚ 55,499.07 ▲ 1.21% USD/BRL 5.16 ▼ 0.31% USD/MXN 17.52 ▲ 0.08% USD/PEN 3.41 ▼ 0.42% USD/ARS 1,477 ▼ 0.15% USD/UYU 40.13 ▲ 1.17% USD/PYG 6,088 ▲ 1.58% USD/BOB 6.86 ▲ 1.44% USD/DOP 58.78 ▲ 1.51% USD/CRC 451.66 ▲ 2.13% USD/GTQ 7.62 ▲ 2.07% USD/PAB 1.00 — 0.00% USD/JMD 155.98 ▲ 0.05% USD/TTD 6.73 ▲ 1.30% BRENT 73.71 ▼ 2.06% WTI 70.13 ▼ 2.49% IRON ORE 161.91 — — COPPER 6.10 ▲ 0.53% SILVER 58.24 ▼ 0.19% SOY 1,151 ▲ 2.04% CORN 442.00 ▲ 6.57% WHEAT 594.00 ▲ 0.51% COFFEE 263.45 ▼ 9.64% SUGAR 13.49 ▼ 0.44% ORANGE JUICE 141.85 ▲ 1.98% COTTON 76.61 ▲ 6.27% COCOA 5,331 ▲ 8.75% BEEF 247.23 ▼ 3.43% CATTLE 373.03 ▲ 0.03% LITHIUM 78.45 ▼ 0.58% PETR4 38.45 ▲ 0.42% VALE3 78.66 ▲ 1.20% ITUB4 41.70 ▲ 1.78% BBDC4 17.62 ▼ 0.17% ABEV3 16.39 ▲ 0.06% BBAS3 20.05 ▲ 1.62% B3SA3 14.61 ▼ 2.79% PRIO3 53.94 ▼ 0.30% SUZB3 42.00 ▼ 0.47% RENT3 42.35 ▲ 1.41% AZZA3 19.80 ▲ 2.54% CSAN3 3.71 ▲ 0.27% RAIZ4 0.42 — 0.00% GMAT3 3.83 ▲ 0.26% PSSA3 52.60 ▲ 0.42% CVCB3 1.42 — 0.00% POSI3 3.93 ▼ 0.25% SLCE3 13.30 ▼ 0.52% NATU3 7.82 ▲ 0.13% CSNA3 4.82 ▼ 4.74% CMIN3 4.24 ▼ 0.70% USIM5 8.50 ▼ 2.07% GGBR4 21.44 ▲ 0.28% ENEV3 26.12 ▲ 0.69% CPFE3 45.12 ▲ 1.69% CMIG4 10.79 ▲ 0.65% EQTL3 39.05 ▲ 2.76% LREN3 14.52 ▲ 0.14% VIVT3 34.57 ▲ 0.93% RAIL3 13.45 ▲ 3.62% RAIA DROGASIL 17.20 ▲ 0.70% RDOR3 34.55 ▲ 1.32% HAPV3 10.12 ▼ 0.49% FLRY3 15.45 ▲ 1.91% UGPA3 25.25 ▼ 0.28% VBBR3 29.17 ▲ 0.21% BBSE3 38.87 ▲ 0.49% BPAC11 54.30 ▲ 1.19% CURY3 34.71 ▼ 0.72% VAMOS 2.82 ▲ 1.81% ASAI3 8.61 ▲ 4.11% SBSP3 28.90 ▲ 1.51% WALMEX 51.12 ▼ 0.76% GMEXICO 202.99 ▲ 2.97% CEMEX 21.68 ▲ 2.80% BIMBO 56.38 ▲ 2.12% AMX 23.05 ▲ 0.66% GAP 444.19 ▲ 2.34% OMA 243.69 ▲ 3.06% KOF 185.20 ▲ 0.77% GRUMA 282.99 ▲ 0.50% KIMBER 38.24 ▲ 2.63% SQM-B 67,050 ▼ 3.53% COPEC 5,802 ▼ 0.48% BSANTANDER 73.50 ▲ 2.07% FALABELLA 5,890 ▲ 5.94% ENELAM 81.51 ▼ 0.31% CENCOSUD 2,123 ▲ 0.57% CMPC 1,040 ▲ 0.42% PAMPA 4,933 ▼ 0.70% ALUAR 990.00 ▼ 3.60% CEPU 2,223 ▲ 0.77% COME 41.02 ▼ 2.38% LOMA NEGRA 3,560 ▼ 0.49% BYMA 300.00 ▼ 2.60% TELECOM ARG 3,950 ▼ 0.06% ECOPETROL 14.45 ▼ 0.96% GRUPO AVAL 5.10 ▼ 1.35% SOUTHERN COPPER 174.73 ▲ 1.68% BUENAVENTURA 30.71 ▲ 3.23% XP 15.78 ▲ 1.41% STONE 10.79 ▼ 0.28% GLOBANT 27.73 ▼ 4.77% TECNOGLASS 44.07 ▼ 2.74% GAP AIRPORT 252.64 ▲ 2.87% AMX ADR 26.30 ▲ 1.19% ITAU ADR 8.03 ▲ 1.90% SANTANDER BR 5.16 ▲ 0.39% CSN 0.96 ▼ 2.48% BTC 60,238 ▲ 0.86% ETH 1,572 ▲ 0.44% SOL 69.85 ▲ 3.37% XRP 1.04 ▼ 0.18% AVAX 6.25 ▲ 0.45% NEAR 1.83 ▲ 0.10% ATOM 1.62 ▲ 0.46% AAVE 85.56 ▲ 4.02% SELIC 14.25% USD/CLP 920.11 ▲ 0.10% USD/COP 3,432 ▼ 0.31% USD/HNL 26.69 ▲ 1.22% USD/NIO 36.62 ▲ 0.31% USD/VES 620.66 ▲ 5.79% EUR/BRL 5.87 ▼ 0.62% WEGE3 46.50 ▼ 0.24% PCAR3 2.26 ▲ 7.11% BRKM5 6.82 ▼ 10.50% RANI3 7.77 ▼ 0.26% EMBRAER 81.10 ▲ 1.40% EMBRAER ADR 62.80 ▲ 1.83% JBS 12.03 ▼ 1.31% JBS BDR 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Friday, June 26, 2026

Colombia’s Transition Begins: What De la Espriella’s Handover Means for Foreigners

By · June 26, 2026 · 5 min read

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Colombia · Transition

Key Facts

  • The handover has begun. With the result certified, the transition (empalme) to the August 7 inauguration is under way.
  • A cabinet forms. De la Espriella is assembling his team, with VP-elect José Manuel Restrepo leading the technical handover.
  • A US pivot. The president-elect plans to join the US-led “Shield of the Americas” anti-crime coalition from August 7.
  • The agenda. A 90-day security offensive and a smaller state, which analysts say a thin mandate will force him to soften.
  • For residents. Nothing changes before August 7; this is about the climate ahead, not new rules.

*Colombia's president-elect Abelardo de la Espriella has begun assembling his cabinet, with VP-elect José Manuel Restrepo leading the technical handover ahead of his August 7 inauguration and planned entry into the US-led Shield of the Americas coalition.*

With his win certified, Colombia’s president-elect has turned to governing. Abelardo de la Espriella has begun assembling a cabinet and the handover from Gustavo Petro is under way, sketching the environment foreign residents will live in from August.

Colombia's transition: De la Espriella's handover and what it means for foreigners
Colombia’s handover to the De la Espriella government has begun ahead of the August 7 inauguration. (Photo: Internet Reproduction)
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The handover begins

Days after the count was certified, the transition is moving. De la Espriella has asked the outgoing government for an orderly handover, and Petro has signalled his exit, posting that “the empalme and my retreat” were beginning.

The vice-president-elect, former finance minister José Manuel Restrepo, is leading the technical side of the transition. Both camps have suggested the process may be less cordial than past handovers.

The cabinet taking shape

The president-elect’s team has said it is evaluating profiles and setting strategic guidelines to launch the new government. Several names have circulated in the Colombian press, though none should be treated as confirmed until they are formally announced.

The clearest signal so far is that economic policy will run through Restrepo, a market-friendly former minister. That has been read as an attempt to reassure investors after a knife-edge election.

A foreign-policy pivot

The sharpest break from the Petro era is on foreign policy. De la Espriella has said Colombia will join the US-led “Shield of the Americas” coalition against organized crime from August 7, after a congratulatory approach from Washington.

A warmer line toward the United States, and reportedly toward Israel, would reverse several Petro-era ruptures. For foreigners, it points to closer US-Colombia cooperation as the defining external shift.

The security promise, and its limits

Domestically, the incoming government has promised a 90-day security offensive and a markedly smaller state. The pitch is order-first, a clear contrast with the outgoing administration’s negotiated approach to armed groups.

Analysts at the Atlantic Council and major banks caution that a sub-one-point mandate and a fragmented Congress will force compromises. The campaign’s boldest promises, in other words, are likely to be softened in office.

What it means for foreign residents

The practical headline is that nothing changes before the August 7 inauguration. No visa, tax or residency rule shifts on the strength of a transition, and the streets are calm now that the result is settled.

The medium-term watch items are a tougher security posture in the cities and closer US ties that could, in time, touch migration and visa cooperation. None of that is in force yet, so treat it as context rather than a call to act.

What to watch next

Marker When Why it matters
Cabinet confirmations Through July Signals how moderate or hardline the government will be
Inauguration August 7 Only then can any policy actually change
First 100 days August onward Security plan and US alignment take concrete shape

For now, the advice for residents is steady: keep documents current and watch the cabinet, not the headlines. The unrelated October 31 deadline for certain visa switches still stands.

Frequently Asked Questions

Does the transition change anything for foreigners now?

No. No visa, tax or residency rule changes before the August 7 inauguration, and the cities are calm. This is about the climate ahead, not new rules.

What is the big foreign-policy change?

A pivot back toward Washington, including a plan to join the US-led “Shield of the Americas” anti-crime coalition from August 7. A warmer line toward Israel is also reported.

Who will run economic policy?

Vice-president-elect José Manuel Restrepo, a former finance minister, is leading the technical transition and is expected to drive economic policy. Other cabinet names remain unconfirmed.

Will the security crackdown happen as promised?

The government has pledged a 90-day offensive, but analysts say a narrow mandate and a divided Congress will force compromises. Expect the boldest promises to be tempered.

When could any of this affect residents?

Not before August 7, and most policy detail will emerge over the first 100 days. Keep your paperwork current and watch the cabinet picks.

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