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Colombian government lures Hollywood film crews

Thursday, July 12, 2012

In order to attract foreign film crews, especially from Hollywood, the government of Colombia signed this Wednesday evening a new law on cinema.

With a fund of approximately $14 million per year, the country will offer an attractive cash rebate to productions budgeted at up to $30 million.

By hiring Colombian service companies, the producers, both domestic and foreign, will be eligible to receive a refund of up to 40 percent of the cost of production services and up to 20 percent of the cost of accommodation, transport and catering.

Source: Screen Daily