Dom, “So, where you from?” I asked. “Gambia,” the guest in my hotel responded. “Wow, Gambia, I thought, where the heck’s that?” I thought.This young guy I was chatting with was obviously an immigrant, fresh off the plane, about to try his luck inEcuador. Just like i was 3 years ago. You see, Ecuador is … Continue reading Is Ecuador the new American dream?
Often, the first business most of us expats think of putting in our new country is a guesthouse. It´s not a bad idea cause you really don´t need any formal education on the subject to do it. It wasn´t my plan either, I just kind of fell into it. First in Guayaquil, partnering with a … Continue reading Expansion complete: the surprising difference between a 6 and 23 room hotel
Yesterday, I hired private car insurance for the first time since i moved to Ecuador. It’s true that most Ecuadorians just go with the state mandated liability insurance that covers damages to third parties (previously known as SOAT) that costs about $45/year. But that still doesn’t cover YOUR car in the case of an accident … Continue reading The difference between car insurance quotes in Ecuador vs the US
A lot of people don’t know this about me… but I actually have an Ecuadorian mentor. He’s born and raised Ecuadorian, from Guayaquil, self-made, about 50, and currently owns a hotel in Salinas, a rent a car company in Guayaquil, and a few other smaller hotels in Guayaquil. I actually partnered with him when I … Continue reading Expected returns in Ecuador, and how Ecuadorians double them
Got a car in Ecuador? Worried the papers might not be up-to-date and the next time you´re pulled over might be your last? I got several friends with cars in Ecuador and almost all of them have cars with expired registrations and are subsequently illegal for transit. When really, it´s pretty easy to keep your car … Continue reading Keeping your car legal in Ecuador