- Parent Category: Preproduction
- Category: Locations
- Published on Tuesday, 24 July 2012 20:35
- Written by John Hecht
A newly created film law sweetens the deal for foreign producers.
BOGOTA -- Colombian President Juan Manuel Santos on Wednesday is signing into law a new filming incentive that aims to substantially boost the number of runaway productions hosted here.
Under the law, foreign producers can tap into an annual fund and save up to 40% on production and post-production services, as well as 20% on accommodations, transport costs and catering. To qualify for the cash rebate, foreign shingles must hire local production service...