Menu
Expat.com

Economic reasons to move to Ecuador?

Last activity 11 June 2013 by Joseph K

Post new topic

kai7

Were there any economic reasons to move to Ecuador vs any other Latin or South American country? Is there any one that provide me some insight?

sparticous

economy is booming here. land prices are going up and you can own land here.

Joseph K

Historically, one of the most stable governments in all of Central and South America

Use of the Greenback (arguably, of course, but it has brought financial stability)

Long and short-term projects that are designed to bring work to Ecuador, like the building of an Ecuadorian Silicon Valley (up near Quito), as well as a policy of "Ecuador-first" in terms producing and selling products here.

Willingness to put money into alternative energy, i.e., building of Windmill farms.

A stable (even though seemingly volatile) political population which does not tolerate Government nonsense. This is not obvious, but look at some of the protests that have taken place (over water rights, for example) and you will see that Ecuadorians can be pushed, but when push comes to shove, they will force the government to act responsibly, unlike some countries we all know.

Articles to help you in your expat project in Guayaquil

  • Firearms in Guayaquil
    Firearms in Guayaquil

    An article was featured in today's paper about robberies on one of the main highways here in Guayaquil. ...

  • Work in Guayaquil
    Work in Guayaquil

    Here’s a look at the potential professional avenues for an expatriate in the fast-evolving Ecuadorian city ...

  • Accommodation in Guayaquil
    Accommodation in Guayaquil

    It’s safe to say Guayaquil is not about to threaten Cuenca’s title as the sweetest spot to retire to ...

  • Healthcare in Ecuador
    Healthcare in Ecuador

    Ecuador, as a fast-developing nation, has laws that are constantly evolving, but one thing is certain: the ongoing ...

  • The Working Holiday Visa for Ecuador
    The Working Holiday Visa for Ecuador

    Ecuador is truly a paradise for adventure and nature lovers, and thanks to the Working Holiday Visa program, they ...

  • Food in Ecuador
    Food in Ecuador

    What kind of food will you find in restaurants, cafes, and private homes in Ecuador? Many restaurants in Ecuador ...

  • Work in Ecuador
    Work in Ecuador

    Ecuador is famous as a retirement haven. But you might not want to wait until retirement age to move there and ...

  • Opening a bank account in Ecuador
    Opening a bank account in Ecuador

    A few years back, an expat would just breeze into an Ecuadorian bank, flash their passport and a bank account ...

All of Guayaquil's guide articles