Ecuador Warns Business Owners to Affiliate Employees to BIESS

biess-ecuador

With a few new amendments of legislation the Ecuadorian government has further clamped down on businesses who don’t affiliate their employees to the BIESS, or the local Social Security system.

All full time employees need to be affiliated, and the employee needs to pay 9.35% of their salary to the program, which provides them access to free state-funded health care and a pension system, while the business owners need to pay 11.15%.

Businesses have one month to affiliate their employees or risk being fined in upwards of $14k for the infraction. In some cases, jail time is even possible. A probation violation can result in heavy fines, jail time and extended probation. If you violated your probation, it would be in your best interests to discuss your matter with an attorney as soon as possible. An experienced lawyer will know how to present your case in front of the prosecutor and the judge in a light that is more favorable to you. When your future is on the line, you need to do what you can to keep yourself out of jail and in the community where you belong. The Law Offices of Aaron T. Hicks is a criminal defense firm located in San Diego, California. Their firm has effectively helped clients with all types of criminal charges in the San Diego area including: DUI, drug crimes, internet crimes, theft crimes, three strikes cases, weapons offenses, white collar crimes as well as violent crimes and appeals. Should you go with their firm, they will search for any mitigating circumstances that may get your charges reduced or dropped. What’s more, they will question every aspect of your case, including law enforcement’s procedure, collection of evidence and witness testimony. They care about the outcome of your case and they will fight tooth and nail on your behalf. You can go official site for more detail about probation violation attorney.

A capable criminal defense attorney will employ many strategies in order to give you a strong chance at beating these charges. They can argue the merits of the violation itself in an attempt to get the violation dismissed, or help you get your probation reinstated by the court in lieu of more severe sanctions. They will also develop a plan of action that argues why you should not remain in custody, along with what can be accomplished if you are given the opportunity to continue with your probation conditions. When it comes down to it, a probation violation is not something to be taken lightly and you need to retain an experienced and knowledgeable defense attorney who understands probation laws well enough to develop a strong case in your defense. At this point, the judge will be looking to punish you for violating the trust they have given you, so having the right lawyer at your side is paramount in keeping you out of jail. There are many forms of legal penalizations that serve to enforce and prevent the continuation of illegal activities and crimes. One of the most common of these is probation. Probation is the court mandated restrictions of an individual’s freedoms following a criminal conviction. Because these terms can often be very limiting and strict it is common for probation to be violated. When this occurs it is likely the offender will face more serious criminal penalizations, such as jail time.

Even domestic maids and chofers are required to be affiliated.

For me, paying an employee in Ecuador the minimum wage, the BIESS payment comes to about $60 a month.

In order to affiliate employees to the BIESS first you need a RUC, or an Ecuadorian Tax ID number, after that visit your local BIESS office for further details.

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1 Cheap Building Alternative on the Beach in Ecuador

ecuador-beach-hut

“I don’t know, $100k for a beach house?” …

…I said to a friend this week who said she was interested in buying one she saw beachfront for $100k.

Not sure, but spending six figures for a second residence where I’m not even going to be, nor put a business, just doesn’t flow with me.

That’s why I left the US.

Property prices just didn’t make sense. Also get the best material for their electrical works from sites as www.olympicwire.com.

With prices so high how could I ever show myself a reasonable ROI?

Naturally, I know a lot of things I’d rather do with $100k here in Ecuador.

Things that could show me, or you, a much better return on investment.

Here’s one…

Building a beach hut in Ecuador, or a few, on the same property.

On one stretch of the southern Ecuadorian coast, from Puerto Lopez to Olon, I’ve seen beach huts rent for $50 a night.

Conservatively, if you have your place rented for only half the nights of a month, that’s an income of $750 a month.

Before you laugh, know Ecuadorians are actually quite skilled builders of beach huts, and nice “mixed” construction ones built with a mixture of cement and bamboo with thatch roofs and tile floors actually can look pretty nice, and which land them good jobs at Roofing by Presidio in Texas other such places. But what the state now needs and significantly lacks isĀ  the provision like that of the emergency roof leak repair in Fullerton, which is also likely to bring about good employment possibilties in the state.

I’ve experienced, in 2012, that it takes only a month for a skilled group of 3 Ecuadorians to build one, charging a total labor cost of about $1000.

2012 material costs for a 5 meter by 5 meter one with a kitchette and one bed and bath are as follows (high ball estimates):

60 cement sacks= $420
15 cana rolliso (bamboo stalks)= $40
10 carga cade= $170
5 m of wire = $5
6 m2 of stone = $120
5 m2 of sand = $100
8 cuartones= $20
12 tablas= $48
16 12 x 12= $240
16 10×12= $180
20 lib alambre (wire) = $20
10 lbs nails = $15
60 Cana picada (treated bamboo stalks) = $180
1 juego sanitario (toilet, sink, shower head) = $100
2 wooden doors = $160
2 windows = $100
water tubes, fixtures and install = $100
electrical wiring, fixtures and install = $150
Stones for base = $150

TOTAL MATERIALS COST = $2318
LABOR COST = $1000
TOTAL COST ESTIMATE= $3000- $3500

I know what you’re thinking, “but can you really use bamboo instead of steel rebars and have a construction last?”

Actually, yes.

Bamboo is natures rebar. Ecuadorians use bamboo to hold up cement as it dries.

It’s that strong, and here, bamboo is cheap.

Plus, it can last for a very long time, but there is a process you need to do to maintain it.

…So, if you invest $3k in something that can produce $750 in revenue a month, thats a pretty good buy… but of course you’d have to figure in the land costs, but if you buy right, like how I show you how to do in my full Ecuador Property Guide, that can still be cheap too.

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The Hidden, Cheap Side of Salinas

libertad real estate Libertad, the “other”side of Salinas.

“Damn, this is some delicious shrimp.” My new friend said.

“I know, I didn’t even like shrimp until I got to Ecuador.” I responded.

We were sitting in a small, open-air restaurant mainly frequented by locals in a small town I see a lot of short-term potential for near Salinas.

The one we’ll be talking about today.

Libertad.

Libertad is a small town a few minutes north of Salinas, which is the main draw for foreigners in the area.

Salinas, primarily a resort town, a weekend retreat for the local rich from Guayaquil, with a steadily growing expat community, is a town of contrasts.

The boardwalk has a “Waikiki” feel with side-to-side upper-class, expensive (for Ecuador) high-rise condo buildings. But the majority of the condos pass eerily vacant through most the year.

While a block back from the ocean the area quickly takes on a quite impoverished, “dirt streets” look.

2 bedroom Condos right on the boardwalk in an older building with a beautiful ocean view start around $50-60k. Vacant beachfront lots are virtually non-existent.

Heading up the peninsula, on one side is Punta Carnero, which is comprised of one long row of houses on the opposite side of the highway from the ocean. Most of the deals here have evaporated over the last two years, it’s now hard to find a house under $80k in this area.

But I don’t know why you’d want to buy here, the ocean has a serious shore-break/rip-current and there’s no where to shop and no where to eat.

On the other side of the peninsula, the ocean is almost table top flat up through the areas of Ballenita and Punta Blanca.

But these areas as well are not real towns with things to do and places to eat and shop. They’re just a collection of mainly vacation houses along the ocean. You’d need a car to live there.

Plus, it’d be hard to find anything already-constructed beachfront in these areas for under $60-80k.

That’s why I like Libertad.

Libertad is WAY UNDER the foreigner radar.

At least it has been so far.

It’s very “local” with still very local prices, with a few vacant lots near the sea with great ocean views going for around $15-20k, which are prices now a bit harder to find on this peninsula and this higher-priced area of the coast.

Plus, it’s an actual town, with hoards of fresh-produce street markets, restaurants and a boardwalk (but a much quieter one than Salinas).

And plentiful taxis abound. In fact, you’re right in between Salinas and Ballenita, just a few minutes by car from the main Salinas boardwalk area.

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China Takes Big Interest in Ecuador

This weekend in Guayaquil there is an event in the convention center trying to push China-Ecuador relations.

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China is already a BIG investor in Ecuador. Of the $15 billion they have invested in South America, Ecuador has 40% or $6 billion of China money invested.

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2012 Shrimp Exports Show Strange Dynamic

In the first quarter of 2012 Ecuadorian shrimp exports fell 18% to Europe compared to the same period a year ago while they grew by 36% to the US in the same period.

Many attribute this dynamic to the harsh crisis effecting Europe at the present time.

But over the last 9 months the price of the product has fallen from $3 to $2.25 according to the Chamber of Acuacultura.

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