Foreign Property Ownership In Ecuador
Could Correa Confiscate Private Property From Foreign Investors In Ecuador? Recently a reader wrote in to...
Read moreEcuador can be a great place to run a business. The country is fairly unregulated, and there are loads of untapped opportunities.
We caution you however, that larger businesses can be difficult. Ecuador still has a problem with corruption, and government processes are inefficient and time-consuming. Smaller businesses (mom-and-pop operations with few or no local employees) tend to be much easier to operate, since they tend to have less government or municipal interface.
There were three business ideas that immediately jumped out to us when considering Ecuador:
English-speaking Realtor. Many expats report not being able to find English-speaking realtors. Others claim many of the Spanish-speaking realtors can be slackers. The first people to tackle this will have the market to themselves. If you go in with an Ecuadorian partner, you could probably make strong inroads into the local market as well, by setting a high standard of operation.
Spanish language School.Loja, for example, is one of the best places in the world to learn Spanish, so the first person to open and market a small school will, again, have the market to themselves.
Short-term Rentals. Short-term rentals are hard to find. And by that we mean quality, modern, tastefully furnished rentals outfitted to North American standards. This is a perfect solution for the part-year resident who wants to rent their property out when not in town.
There are probably dozens more good ideas. All you need is an entrepreneurial spirit and a bit of time and you’ll be on your way.
Could Correa Confiscate Private Property From Foreign Investors In Ecuador? Recently a reader wrote in to...
Read moreI have a tip that could save you a lot of time and money… You may already know that I...
Read moreFor tourists and foreign residents, Cuenca's Christmas Eve Paseo del Niño parade, or Passing of the Child, is a colorful,...
Read moreWorried about soaring utility costs? You're not alone. Over the past year, energy costs across the United States have increased 23.8%. The cost of electricity, specifically, is up 15.8%. That's the greatest 12-month increase in 41 years. Russia's war... continuing post-pandemic economic struggles worldwide, and generally hotter summers and colder winters are to blame. But you don't have to suffer. I'm not talking about lowering your thermostat or investing in more blankets. I'm talking about leaving cold winters... and steaming...
Read more© 2008-2023 - Live and Invest Overseas - All Rights Reserved.
© 2008-2023 - Live and Invest Overseas - All Rights Reserved.
Download your FREE report on
The Best Places To Retire In 2023
New Year, New You, New Life Overseas