Best Places To Retire Free Report

FREE REPORT: BEST PLACES TO RETIRE






    We Value Your Privacy! We will not share your email address with anyone else, period.

    Ecuador Facts And Figures

    Learn more about this ​​​and other countries in our free, daily Overseas Opportunity Letter. Simply enter your email address below and we’ll send you our FREE REPORT: The 10 Best Places To Retire In 2024






      We Value Your Privacy! We will not share your email address with anyone else, period.






        We Value Your Privacy! We will not share your email address with anyone else, period.
        Cityscape of Cuenca, Ecuador with Santo Domingo church visible in the bottom right.
        Alamy/Jesse Kraft

        Variety And Affordability

        Ecuador is among the places in the world for a cheap and luxurious retirement.

        In fact, no matter where you choose to live here…

        Be it a tranquil mountain village, a historic colonial city center, or along the long stretch of sandy Pacific coast…

        US$1,500 a month is more than you’d need for a happy and carefree retirement with all of the amenities from back home… plus a few new luxuries, too boot.

        Kathleen

        Reviewed By Kathleen Peddicord

        Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

        Start Your New Overseas Life Today

        A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we’ll send you a FREE report on the 10 Best Places To Retire In Style Overseas Today 2024






          We Value Your Privacy! We will not share your email address with anyone else, period.

          Start Your New Life Today, Overseas






            We Value Your Privacy! We will not share your email address with anyone else, period.
            A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we'll send you a FREE report on the 10 Best Places To Retire In Style Overseas In

            Ecuador: Facts And Info

            The official languages of Ecuador are Spanish and Quichua; the language of the Incas, still spoken by over 10 million Native Americans in the region.

            Ecuador achieved independence from Spain on May 24, 1822; but most big cities celebrate their own day of liberation, rather than the country’s.

            Cuenca was liberated from Spain on November 3, 1820. It’s a national holiday, during which many Ecuadorians and tourists travel to Cuenca.

            Loja was Ecuador’s first city to be electrified, in 1897, using power from an early hydroelectric dam.

            Ecuador has 11 international airports, connecting the multiple domestic airports dotted around the country to the rest of the world. You will find several daily non-stop flights from the States to Ecuador’s main cities.

            Most importantly, Ecuador has more than a dozen intra-provincial buses serving every corner of the country, which you can use to get from the airport to your final destination. Also, taxis are readily available and relatively cheap.

            Start Your New Life Today, Overseas






              We Value Your Privacy! We will not share your email address with anyone else, period.
              A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we'll send you a FREE report on the 10 Best Places To Retire In Style Overseas In

              Ecuador: Facts And Figures

               
              Information Type Ecuador Data
              Population 18,190,484 (Oct. 2024 est.)
              Gross Domestic Product PPP (GDP) US$371 billion (2024 est.)
              GDP Per Capita US$6,320 (2024 est.)
              Inflation Rate 2.9% (2024 est.)
              Currency U.S. Dollar
              Exchange Rate Versus U.S. Dollar N/A
              Language Spanish (Castilian) 93% (official), Quechua 4.1%, other indigenous 0.7%, foreign 2.2%
              Capital Quito
              Population of Capital City 1,987,000 (2024 est.)
              Time Zone GMT – 5
              Seasons Coastal area is tropical—wet, warm/hot year-round. Andean Highlands is temperate—four seasons. See climate in Ecuador.
              International Dialing Code 593
              Electricity 120-127 V/60 Hz, Plug Types: A & B (U.S. style)
              System of Goverment Presidential Republic
              Current Leader President Daniel Noboa (since 2023)
              Income Tax Rate for Residents 5% to 35%
              Property Tax 0.025% to 0.5%
              Capital Gains Tax 5 to 10%
              Inheritance Tax 0% to 35%
              Rental Income Tax Taxed as regular income, up to 22%
              Transfer Tax 1%
              Sales Tax 12%
              Restrictions on Foreign Ownership of Property Permission needed (usually granted) to acquire land within 30 miles of the coast.
              Local Chamber of Commerce Av. Republica y Amozonas, Edif. De las Camaras, Pisos 5 y 6

              Quito, Ecuador

              American Chamber of Commerce Av. 6 de Diciembre y La NinaEdf. Multicentro, Piso 4, Quito, Ecuador Tel: 593-2250-7450
              Primary Exports Petroleum, bananas, cut flowers, shrimp, cacao, coffee, hemp, wood, fish.
              Residency and Visa Requirements Tourist Visa: When you arrive at the airport, you’ll receive a T-3 visa allowing you 90 days in the country.
              Residency: Ecuador offers a number of attractive residency options, with low thresholds of qualification. If you intend to live in Ecuador and would like to come and go as you please, you should get a residency visa.Citizenship: Three uninterrupted years of legal residency.
              Special Benefits for Foreign Residents or Retirees Holders of residency visas may only be out of Ecuador for a maximum of 90 days per year, for each of the first two years. After that time, you may not be out of the country for more than 18 consecutive months. The process for revoking visas is much more efficient than for obtaining them.If you can live with the in-country time restriction, obtaining residency is well worth the effort because you have almost all the rights of a citizen.
              National Airline TAME

              Start Your New Life Today, Overseas






                We Value Your Privacy! We will not share your email address with anyone else, period.
                A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we'll send you a FREE report on the 10 Best Places To Retire In Style Overseas In
                Kathleen

                Reviewed By Kathleen Peddicord

                Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

                Start Your New Overseas Life Today

                A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we’ll send you a FREE report on the 10 Best Places To Retire In Style Overseas Today 2024






                  We Value Your Privacy! We will not share your email address with anyone else, period.

                  Ecuador Facts And Figures- FAQs

                  Be The First To Ask About Ecuador Facts And Figures

                  Portugal is on the Iberian Peninsula, in the southwest corner of Europe. Portugal shares that peninsula Spain, its larger neighbor.

                  Portugal is known for Fado music and also for being the largest cork producer in the world.

                  Portugal’s high season is during July and August, especially to coastal areas. Expect to pay at least a 30% premium on accommodation and encounter warm weather across the country.

                  Yes, Portugal is a sought after retirement destination. In fact, it’s one the world’s top retirement havens.

                  Sign up to receive the FREE daily e-letter, Overseas Opportunity Letter and we’ll immediately email you our editors’ latest research report…

                  BEST PLACES TO RETIRE 

                  FREE REPORT:






                    We Value Your Privacy! We will not share your email address with anyone else, period.

                    Sign up for FREE and learn how to live the good life on a modest budget, find bargain property, and more. Plus, check out our free report on the 10 BEST PLACES TO RETIRE.

                    RETIRE OVERSEAS AND LIVE LIKE ROYALTY






                      We Value Your Privacy! We will not share your email address with anyone else, period.