Expat Community > Ecuador

nondescripthalfbaloon
Joined 2022
Posts: 35

Which Banks for investor visa CD (póliza, certificado de depósito)

2 years ago

Hello,

Which banks are able to open a CD (póliza) for the purpose of using it to get an investor visa in Ecuador?

I read that many banks that will open a póliza are not valid for the investor visa.

The official documentation from "Ministerio de Relaciones Exteriores y Movilidad Humana (MREMH)" describing the process and requirements to obtain a investor visa in Ecuador specifically states the following requirement regarding the CD

> Título, póliza o certificado de depósito a un plazo mínimo de
> setecientos treinta días (730) días, emitido por una entidad
> crediticia reconocida por la Superintendencia de Bancos o
> Superintendencia de Economía Popular y Solidaria, por un monto
> equivalente y no menor a setenta (100) salarios básicos unificados
> del trabajador en general...

Or in English:

> Title, policy or certificate of deposit at a minimum term of seven
> hundred and thirty days (730) days, issued by a credit entity
> recognized by the Superintendence of Banks or Superintendence of
> Popular and Solidarity Economy, for an equivalent amount and not less
> than seventy (100 ) unified basic wages of the worker in general;
> either,

Source: https://www.gob.ec/mremh/tramites/concesion-visa-residencia-temporal-inversionista

Most specifically, I'm looking for the official list of banks published by the "Superintendencia de Bancos o Superintendencia de Economía Popular y Solidaria" that enumerates all of the banks that are approved to issue you a póliza specifically for the purpose of obtaining an investor visa.

Where can I find this list of approved banks?

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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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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.
Learn More

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.
Learn More

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Which Banks for investor visa CD (póliza, certificado de depósito)

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