How to get Residency in Ecuador
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- Опубліковано 25 лип 2024
- I sat down with my lawyer Andrea to discuss the various ways one can obtain residency in Ecuador, how to obtain permanent residency in Ecuador, and the physical presence requirements as well.
📌 More information and Andrea's fee structure: thewanderinginvestor.com/serv...
00:00 Introduction
01:00 Residency through investment and real estate in Ecuador
02:05 Rentista visa in Ecuador
02:30 Pensionado or retirement visa in Ecuador
03:30 Documents required to apply for residency in Ecuador
05:00 Which relatives can join in on an Ecuadorian residency?
06:00 How to obtain the professional residency in Ecuador
08:00 How to obtain permanent residency in Ecuador
09:00 Physical presence requirements for permanent residency in Ecuador
09:45 How to obtain citizenship in Ecuador
10:30 How to obtain permanent residency immediately in Ecuador
📌 or send her an email: andrea@thewanderinginvestor.com
Playlist on Ecuador: • Investing and Living i...
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No part whatsoever of the discussion and presentation is, or should be considered as, investment advice, financial advice, legal advice, or tax advice. Always do proper due diligence and speak to a qualified professional advisor in your jurisdiction. Also, be advised that Ladislas Maurice and The Wandering Investor staff may own real estate or investments in the specific markets or opportunities that are discussed. The Wandering Investor may also have marketing agreements in place with certain opportunities that are mentioned.
📌 More information and get in touch with Andrea: thewanderinginvestor.com/services/residency-and-citizenship-by-investment/how-to-obtain-residency-in-ecuador/
9 months per year for two years to get a permanent residency is already very long for a frequent traveler. I hope in the future they can be more flexible. I love Ecuador for my plan B of my portfolio. 👍😉🔺
Ecuador: Cheap, easy but time on the ground 🙂
This is very valuable information. Thank you!
Very interesting and very clear explanations.
I really like Ecuador, very pleasant place to live
Beautiful city Behind
Great channel great information. Colombia made everything so complicated.
Great video. But wanted to add something which she didn't mention that I found out from researching.
Real estate investor visa, The requirement is 100x the minimum wage which is currently at $450, so $45k, but if that changes next year and goes up, then your real estate investment needs to equal that minimum to continue qualifying to renew your temporary residency until you get permanent. Its a small catch, but important. So almost best to purchase something a bit more expensive.
Yes. Thanks for sharing.
Ecuador is amazing and the professional visa is very interesting
I met a ton of Russians who were on this visa as they didn’t have the $45k for the investment one
Careful with the ecuadorian LAWYERS (lyars)
The law changed in 2021 allowing only 90 days of being outside of Ecuador in total over two years (not each year) if you want to apply for a permanent visa from a temporary visa. If you believe differently, I’d love more info about how to do it as we are renewing temporary visa status now because of that law change.
Get in touch with Andrea. She’ll be happy to help.
Excellent video, there's one thing that I didn't hear clarified. I've read that we need a newly issued (less than 6 months) original copy of our birth certificates and or marriage certificates. Is this the case?
very good video. thank you
I'm interested
What are disqualifying entries on police report?
Hello. Thinking of moving after my divorce and bankruptcy is discharged.
My intentions are to work online for a american company by home based internet.
My questions are
Does spousal support count as proof of income to get temp residency?
Does having a discharged bankruptcy effect approval for temp residency?
Bad credit, due to Bankruptcy effect approval?
Does the credit card only apply to Professional Visa? Can a lower Credit card, let's say $1,000, along with a $1300 government pension check be enough to qualify for a Retirement visa or does a Credit Card not ab;e tpo supplement income on a retirement visa? Just curious as I have 2 credit cards with fairly high limits but just my pension check is too low for a retirement visa.
Any restrictions on pr on behalf of marriage, to live out from Ecuador? After getting pr still it will be invalid if pr holder stay out from the country?
Nice video.thanks for the update. But I’d like to ask since My passport is visa free to Ecuador for 90 days but can I change that upon arrival as in to become a legal resident or do I have to return to my country first before reapplying?
You can apply in Ecuador. But you need to have gathered the documents beforehand
Hello Ladislas,
I enjoy your videos. Could you please mention which passport holders can obtain residency, not just North Americans?
And what about middle east or indian etc,..
Including this information in each video would be very helpful.
Thank you!
Thank you. This one for Ecuador only really works for OECD passports.
The lady didn't mention that investor visa you need to show $450 monthly income ON TOP of your investment.
It's all interesting, but from many locations, especially Canada, traveling back and forth to and from Ecuador is very difficult! Changing planes two or more times in north America and then another couple of times in Ecuador...for older people especially it's a major challenge! It's very discouraging....
Yes. Moving down to Ecuador is a commitment.
@@TheWanderingInvestor But nowadays people travel alot especially back and forth to the US, and the current airline paths to Ecuador cities makes the situation very difficult, especially for older people. It's very discouraging. Changing planes can involve several hours of waiting. Like going from Calgary Alberta via Toronto to Miami, changing to Quito, then changing to Guayaquil, and then Cuenca....plus getting to Vilcabamba or Manta! And traveling back for family etc. Or just as a snowbird!
Or move to Mexico and don't ask about the cartels
@@JS-jh4cy Why did you add that point? Just curious.
Which nationalities are eligible for these visas? I know their tourist visas are super hard to get for the unfortunate few, requiring approval from Quito and costing hundreds of USD.
Let’s assume that if you have visa free access, you should be fine. If you do not have visa free access as is, they will make your residency application complicated.
What does va disability pay fall under in ecuador? And under 65 Thanks
Either Pensionado or Passive
What about the taxation of worldwide assets when you become resident in Ecuador?
On paper yes. But very weak CFC rules. So it depends on your structure.
In practice no, plenty of accountants, immigration lawyers etc in Ecuador still insist there is no legislation to collect offshore personal income tax there but if you listen to certain "experts" they will tell you otherwise
Hi Ladislas, I have an Ecuadorian friend down there--Is the last option possible or do I need to be in a relationship with her?
& if someone were to not do the 6 months X 2 they'd lose the PR, but if they fail to do the 9months X 2 they can still renew the TR?
Cheers!
You can always renew the TR as you wish. You just never upgrade to PR
The documents need to be apostilled and then translated to spanish?
Yes. If from a country that is party to the Hague Convention
What if im American and both of my parents are Ecuadorian, is there a way by using my parents for them to give me residency or citizenship?
You are probably Ecuadorian already and just need to claim your citizenship. Send Andrea an email. She can help.
do you need to be a resident of ecuador for any amount of time for a professional residency/ visa ?
Just as with the other ones you need to stay in Ecuador quite a bit to be able to renew it
I would like to get permanent residency in Ecuador but I understand that my UK Pension when I get it in one years time will not increase each year while living there as it would if I lived in the UK. Please could you let me know if I've got this right?
I believe that is correct.
It's quite annoying (and illogical) because most people will have contributed to the economy for 30+ years to "earn" their UK pension and the fact that they are living abroad means that they would not be a drain on the UK economy as many other pensioners would be (Pension credit, healthcare, housing etc).
@@PeteH0121 Thank you Pete for answering my question. I suppose after someone gets their UK pension they can stay a UK resident and just move around a few Countries for three months in each Country or so, so three months in Mexico then three months in Cuba then three months in Ecuatore etc for a few years if they wanted, and still get their increase in their UK pension.
Is the $45k deposit option for a couple, or would a couple need to deposit more?
If married, $45k is enough.
I'm still a little confused. What if i just want to purchase a home there fully paid and kinda live out the rest of my life on that property what would i need? Im 30.
You can. If it’s worth at least $40k
How do I get documents apostilled?
It depends on where you’re from. Google it.
I have. I'm from the UK. I would like an answer instead of waffle.@@TheWanderingInvestor
So if my girlfriend is a PR and she is my sponsor i can get PR immediately? Or only if we are married?
You have to be married
How much is Andrea's service fee ?
About $1k. There’s a link in the description
He went from a deed and she starts talking about police report, @ 4:08? She talking about the property of a police report of yourself? She lost me
I'm interested Ecuador country visa send me details I m Pakistan