Colombia global Mina, 23, will sign a four-year contract at Camp Nou after Palmeiras accepted an offer of 11.8 million euros for the central defender.
The 23-year-old Colombia global signed a 5-year contract for the Spanish giants on Thursday for a fee of 11.8 million euros ($14m). Mina's contract has a termination clause worth 100 million euros.
Mina, 23, is known as a physical, yet quick, ball-playing defender.
A deal for Mina had been set up for after the World Cup, but Barcelona were keen to complete an early move for the defender, who made clear his desire to join Ernesto Valverde's side.More news: Merkel pledges 'fresh start' for Europe with new government
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He helped the team win Brazil's notorious competitive Campeonato Brasileiro for the first time since 1994 in his debut season.
On Thursday Barcelona have announced their second signing in the January transfer window.
Yerry Mina now comes to Barça with the opportunity to continue developing as a footballer following his move to Europe.
The Colombian worldwide will undoubtedly strengthen Barcelona's defensive side, especially with Javier Mascherano expected to leave the club. "Without a doubt, the Colombian has the potential to make it".