Expat Community > Ecuador

AlienOnTheRun
Joined 2013
Posts: 47

A long way home

11 years ago

Hi everyone! I'm an Asian Canadian male, who has spent most of his adult life and has worked only in the US, thus my retirement accounts are also only in the US. I'm in my middle age and considering to move overseas mainly for the financial reason. I used to work as a sub teacher for public schools in California and, looking long-term, my retirement funds are simply too skimpy to allow me to live in North America.

I've been researching Ecuador mainly because it's been described as one of the cheapest destinations to retire these days, meanwhile has something else to offer.

Of course, I'm also interested in learning Latin culture. Since money is the main (despite not only) reason I'm considering this option, I'd like to know just how much it will cost to live there.

Below are the cost of living in Cuenca (most inexpensive option) and Guayaquil (seems to be warmer, which I prefer). Please advise how accurate they are.

http://www.numbeo.com/cost-of-living/city_result.jsp?country=Ecuador&city=Cuenca

http://www.numbeo.com/cost-of-living/city_result.jsp?country=Ecuador&city=Guayaquil

(From these 2 pages, their utilities and internet seem to be quite expensive, might be even more expensive than in the US.)

My main concerns are:
1) rent / real estate prices
2) how easy / difficult to get a tourist / PR visa?
3) Is it possible for expat to get jobs there since I still need to work. Unless I can afford a piece of real estate and rent out rooms, but I prefer to work.
4) Are they tax / expat friendly?
5) Low crime
6) Affordable and good quality medical care.
7) I'm an Asian from English-speaking countries. I'm wondering how well-received I'll be there ?

A few other concerns:
(in random order)
Warm weather (80 degree F is the optimum temperature to me, and I'd rather hot than cold, ideally not too humid)
Easy access to beach and mountains,
Has affordable gyms with at least doable equipments,
Clean, with good infrastructure
English-friendly is a plus, but not a must

I know these are a lot of questions. Please feel free to respond to any of them. Much obliged !

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.
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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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