
June 26, 2025
What does Decree 583 of 2025 mean for those who want to buy a home?
Buying a home continues to be one of the main goals for many families in Colombia. In response to this need, the National Government has introduced new measures that seek to facilitate home purchases. Decree 583 of May 28, 2025, marks a turning point for those who wish to purchase new or used homes, especially for moderate-income families who previously faced barriers in the financial system. Today, thanks to this update, more Colombians can access higher credit amounts, with greater flexibility and better alternatives. Here we explain what Decree 583 of 2025 means for those who want to buy a home.








