The Ecuador Insider – Page 158 – Everything you need to know before you move to or invest in Ecuador

Do Most of the Business Owners in Ecuador Speak English?

Great question. Surprisingly no! In Ecuador, kids under the age of 20 have a pretty good grasp of English (especially the rich kids), but the older Ecuadorians in general seriously lack English skills.

See this as you may, for most its a big business opportunity.

To stay in-the-know on all the latest news any savvy investor NEEDS to know before they invest in Ecuador, sign up for my weekly Ecuador Insider’s newsletter below, free! You can unsubscribe at any time:

How Much Should I Tip in Ecuador?

Great question. In Ecuador, tips aren´t really expected nor often given by the locals. In really high-class places that often serve foreigners tips may be requested. Often though, in the high-class places tips are already included in the bill.

So the short answer is “no”, you don´t have to tip in Ecuador (but it´s always appreciated!).

Will the “Dreaded Bridge Effect” Lower Your Properties Value in Ecuador?

This week on the Ecuador Insider’s Weekly Newsletter I’ll cover the “Dreaded Bridge Effect” and how it could effect your properties´ value negatively in Ecuador.

How to Beat Horrendous Bank Lines in Ecuador

Ecuador is still “old school” in that the people still prefer to pay their bills waiting in line at the bank… causing horrendous bank lines, especially during peak hours around lunchtime and after work.

You can pay your bills online in Ecuador, but most don’t trust e-commerce just yet.

One way to beat the lines is to go in off peak hours or to get an account in a smaller bank in Ecuador (like Banco Promerica) instead of the big players like Banco Pichincha or Banco Guayaquil.

Freedom of Press Endangered in Ecuador: Correa Awarded $40 Millon in Suit Against Local Newspaper

This week a judge in Ecuador awarded President Rafael Correa $40 million dollars in damages for a suit he lifted against the Universo, the main newspaper of Guayaquil, for remarks made by columnists. The newspaper has appealed the verdict.

First Name
* Email
	* = Required Field

First Name
* Email
	* = Required Field

First Name
* Email
	* = Required Field

First Name
* Email
	* = Required Field