Like any real estate market, from Vancouver to Vanuatu, there are traps to watch out for in Ecuadoran property there will always be sharks waiting to take advantage of the uninitiated, which is why I recommend for people who are seriously considering expatriation to rent first, or deal with an absolutely trusted advisor.Ī trusted advisor can be difficult to find– foreigners tend to rely too heavily on Google and Wikipedia (which I regard as the black hole of accurate information). Using my “10-year rule” and looking out into the future, I’m not convinced that the country is on a very steep upward trajectory like Peru or Cambodia… but even if it stays exactly the same, it will still be a great place to spend some time and even retire. Overall, I really think Ecuador has substantial value. The biggest issue with taxation is on rental income– if you buy a property and rent it out, a tenant must withhold a flat 25% on rental income, which means that yields are not as high as in neighboring Colombia or Panama. Account icon An icon in the shape of a person's head and shoulders.
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