What are the visa & residency requirements in Guayaquil?

"In order to obtain a visa to enter Guayaquil, applicants must submit a valid passport, a completed visa application form, a passport-sized photograph, and proof of sufficient funds to cover the duration of their stay. Depending on the type of visa, additional documents may be required. Once the application is approved, the visa will be issued and must be presented upon arrival in Ecuador. In order to apply for residency in Guayaquil, Ecuador, applicants must submit a valid passport, a completed residency application form, a passport-sized photograph, proof of sufficient funds to cover the duration of their stay, and a valid visa. Depending on the type of residency, additional documents may be required. Once the application is approved, the residency permit will be issued and must be presented upon arrival in Ecuador," mentioned another expat when asked about moving to Guayaquil, Ecuador.