Expat Community > Ecuador

TONSKIP
Joined 2009
Posts: 110

RETIREE BEWARE

14 years ago

With reference to your interest in moving and retiring in Ecuador, there are some facts that you need to know before making such a decision. Although Ecuador is a very beautiful country, and the people are great, and the quality of life here for Americans is very good, unless you have many many thousands of dollars that you want to waste just to get here, it is not a good idea. If you plan to ship any furniture or household goods, you can plan on having them sit in customs in Guayaquil for weeks and perhaps months, all the while accruing fines and storage fees that mount up to many thousands of dollars. In addition, the attorneys here who are supposed to assist in obtaining your residency visas are incompetent and basically corrupt, and it will cost you many thousands of dollars by the time you ever see your residency visas.
So, if you have any intention of retiring to a foreign country, perhaps it is best is you consider a country other than Ecuador.

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SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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Expat Community > Ecuador

RETIREE BEWARE

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