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.

For instance, 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.

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