These are two DELICIOUS local herbs available in most markets in Ecuador that make a scrumptious, sweet tea….must try, I highly recommend!
Hasta pronto, Domenick…hey, if you liked this, you’ll love my weekly Foreign Investor’s newsletter for insider tips and opportunities in Ecuador…subscribe below(unsubscribe at any time):
For those of us without kids, our pets are our kids. I know, I get it. Leaving one behind would be tragic.
So how can you smoothly bring one down with you to live in Ecuador?
It is actually far easier than you think.
First, you need to get the pet inspected and certified for good health with a vet in the US, then have that certification registered in the Ecuadorian Embassy in your country.
Then, you simply bring it down with you on your plane (it will most likely have to travel below the plane).
Upon arrival, the pet will be inspected again by local officials and released. You will not have to pay import taxes or fees.
It often depends on the airline as to how long it takes for the pet to be released upon arrival (check with them how long it will be before you buy your ticket!) Some airlines are better than others.
An important thing to keep in mind is that “wild or unique” animals will not be permitted to enter the country. So your pet snake or tiger will probably have to stay with your auntie Em.
Also important to note, ALWAYS try to bring the pet within 30 days before or after your entrance into the country. If you try to bring it down sooner or later than that you could run into customs problems.
Hasta pronto, Domenick…hey, if you liked this, you’ll love my weekly Foreign Investor’s newsletter for insider tips and opportunities in Ecuador…subscribe below(unsubscribe at any time):
This past weekend I was catching a bus from Guayaquil to the coast of Ecuador, when a subtle scam in the bus station of Guayaquil almost caught me off guard.
As I waited to buy my ticket I was approached by a bus driver of the bus line where I was going to buy my ticket.
He said, “You going to the coast?”
I said, “Yes”. And he followed with “OK, follow me”…At first I liked this cause there was a really long line to buy the tickets.
We followed him upstairs and at the gate of the bus departures he attempted to sell us blank tickets for his company. Basically, he was trying to charge us under the table so he could keep the money for himself.
Right at that moment, a bus station worker saw what was happening and informed us to go back downstairs to the ticket window and buy directly from the company.
We could have been out our money or simply standing in the bus aisle for 3 hours surrounded by people sitting down who bought their tickets correctly from the window.
This struck me as something that happens commonly so I decided to inform you all about it…see you in a couple days for my next big post!
Hasta pronto, Domenick…hey, if you liked this, you’ll love my weekly Foreign Investor’s newsletter for insider tips and opportunities in Ecuador…subscribe below(unsubscribe at any time):
Q: Hey Dom, what’s the mosquito situation like in Ecuador?
I can tell you from personal experience, Ecuador is far better than other Latin countries like the Dominican Republic, Colombia, Nicaragua, or southern Mexico.
In the Andes the mosquitos are few and far between.
On the coast, there are a few problem areas. The good thing about the coast of Ecuador is that there are dry parts (with fewer mosquitos) and wet, green parts (yikes).
Most everywhere on the coast is fine with normal to few amounts of mosquitos, but there are two beautiful areas to avoid if you hate mosquitos (like me) which are Montanita (in the south) and Mompiche in the north.
Both are green areas and beautiful places, but with a lot of nearby standing water, and in my opinion have a mosquito problem.
Every 3 months on my Weekly Ecuador Insider’s Newsletter I try to bring you a market pricing report, instead of the normal investor news; here is a rundown of the real estate pricing changes I have seen over the last year in Ecuador:
BUILDING IN ECUADOR
As seen by me:
Building in Ecuador- $30-35 per square foot of construction for finished house. ($50/ft for a luxury finishing)
As reported in a good article by the NY Times in 2010:
Building in Ecuador- $46 per square foot of construction for finished house. ($73/ft for a luxury finishing)
OVERALL PRICES
As seen by me:
Overall:
Over the last 5 years prices have risen about 10-12% a year (even during the financial crisis years)…but in well known towns appreciation has been a little more….
And I have seen more appreciation on the really cheap properties. Especially due to the new low interest loans the government is issuing to locals for purchases under $60k.
The cities:
Quito and Cuenca are the most expensive places to buy a suite or apartment, with prices for a small one bedroom suite starting around $30k and for a 2 or 3 bedroom apartment in a decent area starting for around $50-55k.
Nearby Quito, in the Tumbaco Valley the real estate market has really taken off, 10-15 years back the area was just farm land, but now prices are ranging from $75-110k for a 120 sq meter 3 bedroom house.
Today, in Quito’s Colonial center, prices for renovated apartments are about $1,000 a square meter but fixer uppers can be had from $75-400 a square meter.
Renting in Quito is still relatively cheap…. A furnished room in a nice area is starting around $100-150/month, while a luxury furnished suite in a nice area is around $400-480/month, a 2-3 bed apartment decent area furnished $420-490/month, and a 2-3 bedroom apartment unfurnished located in an acceptable but lower income area $200-240/month.
In Cuenca costs for a new 2 bedroom apartment with nice tile and teak wood furnishings average around $45k-65k. A more luxury, 3 bed 2 bath condo…
To read the rest of this article, fill in the following blanks and I will email it right over and subscribe you to my weekly Ecuador Insider’s Investor list (you can unsubscribe at any time)…domenick: