Medellin Launches Cash Rebate for Foreign Shoots
The city's program adds to Colombia's current 40-20 percent rebate
COLONIA, Uruguay — The city of Medellin in Colombia has launched a new cash rebate program for foreign shoots of up to 15 percent, which can be paired up with the country's National Fund to provide a rebate of up to 50 percent on local expenses.
The program was announced by FilmMed, the film commission of Medellin, which now becomes the first city in the country to echo the National Law 1556 that provides a 40 percent reimbursement on film services and up to 20 percent in film logistics expenses.
Recent shoots in Medellin include Craig Macneill's horror flick The Boy, starring Rainn Wilson and David Morse, and produced by SpectreVision. Chilean miners drama The 33, starring Antonio Banderas and Juliette Binoche, was the first Hollywood feature to use Colombia's 40-20. Other recent Hollywood shoots in the country were Paul Haggis' The Next Three Days and the supernatural thriller Out of the Dark, produced by Participant Media with Dynamo, and starring Julia Stiles and Scott Speedman.
The Medellin Film Commission was created over a year ago, along with a determined strategy to promote Medellin abroad. A program from the Economic Development Office of the Mayoralty, the Film Commission today operates from the Medellin Convention and Visitors Bureau, where its One-Stop-Shop allows incoming producers to process production paperwork and permit requirements swiftly.