It's important to consult with a legal representative before making any decision about your move. Some of the issues to be addressed are: tax implications, your residential status, ownership of assets and residency requirements.
The cost of living in Colombia is higher than in most South American countries. However, if you decide to buy a property or rent an apartment in Bogotá, MedellĂn or Cali, you will have access to a wide range of services, such as supermarkets and shopping centers; international schools; gyms and spas; restaurants; movie theaters; bars and nightclubs.
If your employee has children, consider whether their schools will move with them. If not, know where you can find similar schools nearby and how much they cost in order to budget accordingly. If your employee has pets, research pet policies in Colombia to know what kind of accommodation is available for them when they arrive there if necessary (which can be more expensive than in their country).