I plan to move to Ecuador or Chile at the end of 2016 or early 2017.
So i already started a while ago to learn Spanish and to inform me about visa regulations, but primary about Chilean visa regulations.
Now i digged a bit deeper into Ecuadorian residency visas.
After completing my current work contract i will get a monthly severance payment (from the government, i work for a public authority) of $1100 for 18 months + some "extra" cash...$35,000 in total.
I dont think that will be sufficient to qualify for the "Rentista (Pensioners) visa" because the monthly payment is restricted to 18 months.
Because i have, aside from my severance payment, $25,000+ "leftover", the "Investors visa" sounds very interesting.
I'm talking about the" VISA 9-II, INVESTOR IN TITLES, BANK CERTIFICATE, DEPOSIT CERTIFICATES, BONDS"
As far as i know, you need to invest (as a single person) $25,000 in an bank account in Ecuador.
at least thats what i have read on the internet. (cancilleria.gob.ec does seem to be only avaiable in spanish)
Especially i would like to know under what circumstances you get that money back and if you have access to the money after opening the bank account.
Also, does this Investors visa lead to temporary residency first and later to permanent residency ?
What are the requirements for permanent residency if you start with a investors visa ?
I would not mind paying a immigration attorney or visa specialist.
Would you recommended to use such a service, especially if one is not fluent in Spanish ?
Thanks for your help !