This paper examines the effects of a government regularization program offered to half a millionVenezuelan refugees in Colombia. For this purpose, 2,232 surveys of refugee families were collected and used tocompare refugees who arrived in Colombia around a specified eligibility date in 2018. The analysis finds that programbeneficiaries experienced improvements in consumption (60 percent), income (31 percent), physical and mental health(1.8 sd), registration rates in the system that assesses vulnerability and awards public transfers (40 pp), andfinancial services (64.3 pp), relative to other refugees. The program also induced a change in labor formalization of10 pp.
