Foreign Property Ownership In Ecuador
Could Correa Confiscate Private Property From Foreign Investors In Ecuador? Recently a reader wrote in to...
Read morePopulation: 16,385,068
Capital City: Quito
Climate: Tropical
Ecuador
Ecuador Fast Facts
Language(s): Spanish
International Dialing Code: +593
Currency: U.S. Dollar
President: Lenín Moreno
Enjoy A Low-Cost Life In Ecuador
Ecuador is home to great weather and jaw-dropping low prices. This country offers a perennial spring-like climate in the mountains (meaning no heating or air conditioning is required), an easy path to a retirement visa, and several well-established expat communities. Plus, local handicrafts make for great import-export business opportunities for those looking to start a business overseas.
Ecuador is not known for its beaches, and its coast remains relatively undeveloped. Current talk of a new beach road, though, is bringing investor attention to one particular stretch of coast, giving our editors reason to return Ecuador to our active radar screen.
In Ecuador, we believe Cuenca to be the best place for an expat to retire. It’s not the cheapest, but we think it’s the most affordable place in the Americas to enjoy a city lifestyle
There are other colonial cities in Ecuador, but Cuenca is the cultural heart of the country. You can attend the orchestra, a play, or enjoy a tango show or an art opening, and these activities are usually free.
More Resources From Ecuador
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5 Countries Where Real Estate Is Still Incredibly Cheap
Getting onto the property ladder has always been one of the safest and best ways of securing long-term wealth. Buying cheap real estate overseas gives you another level of security and diversification. By purchasing another property overseas, you have added safety should the U.S. market crash. Especially in 2019, when the strength of the U.S. dollar makes overseas property great value for money. Unlike stocks and shares, real estate is a tangible asset you can enjoy. Buy real estate in...
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