Ecuador... a country off the radar, offers very cheap retirement living.
Ecuador is not only a cheap place to retire...it is a great place to retire. Many Americans have discovered much to rave about besides the low prices.
Ecuador has a familiar currency, the good old American dollar. Retirees report that the locals are very friendly and have made them feel very welcome in sharing their country. Americans who have retired in Ecuador find that they are quickly absorbed into the local communities.
How cheap is it? $15,000 a year will give you a lifestyle you will be very pleased with. Some live on a lot less, than $15,000 a year.
Cheap living means very reasonable real estate both for purchase and rentals. Rent before you buy is always good advice.
Owning two Ecuadoran homes is in the reach of many American retirees. One might be up in the Andes, where there is spring year round; the other on the beach. Remember Ecuador sits on the equator and Quito, the capital, sits at 9,000 feet elevation.
The other Ecuadoran abode might be on the beach in Manta. When you go to the beach be sure to sport a Panama hat...Ecuador is where Panama hats are made... not Panama, Ecuador...go figure.
When we say cheap living, what do we mean exactly real estate wise? $100,000 will buy you an apartment in Quito and a beachfront condo in Manta...that's right both properties. If you do move to Ecuador it is always more prudent to rent before you buy. You can get a very nice apartment, well located in Quito for $500 a month.
Domestic help costs about $30 per week. A doctor's visit, or a house call, will run around $15 for a GP, $20 for a specialist.
The visa fee for a retiree is $500. To retire in Ecuador the government requires that you prove an monthly income from Social Security or a pension of at least $900 a month. That should tell you something about the low cost of living.
The 12 million that call Ecuador home come from many climates. You have the humid jungles in the east, or the soaring Andes with their year round cool temperatures. If you want the beach Ecuador has them in spades. If you desire a change in view and climate you do not have to go far in Ecuador.
If cheap living is your only motivator for living in Ecuador, you probably will be disappointed. You would be unhappy moving anywhere just because it is less costly. Instead if you have a sense of adventure, are self confident, and interested in living well...all in friendly environs, consider Ecuador as a place to retire.
Ecuador is not only a cheap place to retire...it is a great place to retire. Many Americans have discovered much to rave about besides the low prices.
Ecuador has a familiar currency, the good old American dollar. Retirees report that the locals are very friendly and have made them feel very welcome in sharing their country. Americans who have retired in Ecuador find that they are quickly absorbed into the local communities.
How cheap is it? $15,000 a year will give you a lifestyle you will be very pleased with. Some live on a lot less, than $15,000 a year.
Cheap living means very reasonable real estate both for purchase and rentals. Rent before you buy is always good advice.
Owning two Ecuadoran homes is in the reach of many American retirees. One might be up in the Andes, where there is spring year round; the other on the beach. Remember Ecuador sits on the equator and Quito, the capital, sits at 9,000 feet elevation.
The other Ecuadoran abode might be on the beach in Manta. When you go to the beach be sure to sport a Panama hat...Ecuador is where Panama hats are made... not Panama, Ecuador...go figure.
When we say cheap living, what do we mean exactly real estate wise? $100,000 will buy you an apartment in Quito and a beachfront condo in Manta...that's right both properties. If you do move to Ecuador it is always more prudent to rent before you buy. You can get a very nice apartment, well located in Quito for $500 a month.
Domestic help costs about $30 per week. A doctor's visit, or a house call, will run around $15 for a GP, $20 for a specialist.
The visa fee for a retiree is $500. To retire in Ecuador the government requires that you prove an monthly income from Social Security or a pension of at least $900 a month. That should tell you something about the low cost of living.
The 12 million that call Ecuador home come from many climates. You have the humid jungles in the east, or the soaring Andes with their year round cool temperatures. If you want the beach Ecuador has them in spades. If you desire a change in view and climate you do not have to go far in Ecuador.
If cheap living is your only motivator for living in Ecuador, you probably will be disappointed. You would be unhappy moving anywhere just because it is less costly. Instead if you have a sense of adventure, are self confident, and interested in living well...all in friendly environs, consider Ecuador as a place to retire.
About the Author:
Retiring to Ecuador is under the retiring radar now, it won't be for long. Do you need information on other frugal retiring living lifestyles that are rewarding? Do not give up on retiring until you check out this website
No comments:
Post a Comment