Paraguay Ousts President

Paraguay Ousts President, Effects on Ecuador?

Che Guevara, one of the most memorable rebels of the 20th century.

With a quick Parlimentary vote Paraguay just ousted their president over the weekend.

This would probably make big news in North America, but down here in South America, changing of the political guard is a common occurrence.

Chavez is ticked, just cut oil sales to Paraguay.

How will this effect Ecuador?

Well, it won’t effect it much, maybe just serve a reminder of how quick regimes can change down here.

Once a good friend and fellow international investor told me… “If you wait for these back-water countries to be politically stable before you visit or invest you will never go.”

It’s true.

Fact is, often most investors (and especially tourists) won’t even have any idea something big is going on. The effect on private property rights is the one biggie to keep an eye on and that right is rarely infringed upon as governments change wheels down here.

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Founder of WikiLeaks Seeks Asylum in Ecuador

Ecuador made the headlines this week around the world when WikiLeaks founder Julian Assange stepped into the Ecuadorean Embassy in London with hopes of the government granting him asylum.

This is big for Ecuador.

If Correa lets Assange in, will that open the flood gates for other wanted fugitives seeking refuge in Ecuador?

Would it hurt diplomatic relations with the US?

Probably. And that’s a risk tough to fathom when Ecuador sells one third of all it’s exports to the US.

Basically, if Ecuador wants to side with the rest of the super powers on this one, they’ll turn Assange in, if they wish to go against the international grain they’ll grant him asylum.

Would foreign investment in Ecuador be affected?

Yes. Foreigners may look at Ecuador as a riskier play, lowering the interest level.

We’ll see what happens and keep you informed on this one!

To stay “in-the-know” on all the latest happenings in Ecuador that effect foreign investors, sign up for my Weekly Ecuador Insider´s Newsletter, you can unsubscribe at any time:

How Locals Find the Cheapest Rentals in Ecuador

“I can’t believe the prices I’m seeing for rentals in Ecuador, hah, I thought Ecuador was cheap, most places are equal to or more expensive than similar properties for rent in Florida these days.” My friend from Florida recently told me in my B&B in Guayaquil.

“Well, how ya lookin’?” I inquired.

“You know, searches on the net.” He responded.

“Nope, no good.” I said.

“On the net, especially in English, is where you’ll find the most expensive stuff out there in Ecuador. A lot of people publish their properties at often for-rich-foreigner prices hoping to land a wealthy renter unaware of actual local market values.” I said.

In order to find “for-local” prices for rentals first forget the internet even exists.

Remember how you used to look for properties say 15 years ago.

And that’s how most locals in Ecuador still look for rentals today.

They start in the classifieds section of the local paper.

So, a great place to start to find the best local deals is in the classifieds of the primary paper in the area where you’d like to rent.

Once you’re on the ground in Ecuador.

Wait til you’re here.

Cause the local papers DON’T publish all their classifieds on their website.

Down here, a lot of business owners are still weary of the whole internet thang.

In Quito, check the El Comercio newspaper… in Cuenca, El Mercurio… in Guayaquil, El Universo.

Sunday is the best day to look.

Yes, you’ll need a bit of Spanish (or the help of someone who knows it) to look cause the ads have been placed in Spanish, by locals aimed at other locals…

…just how we like it, with most ads having legit market prices, you know, the houses and apartments for $250-300 a month kinda stuff.

Now, most property owners you find publishing their place in the paper require a 1 year lease.

And the place probably won’t be furnished.

So, if you’re looking for a furnished, short-term rental, grab your computer, the net is probably a good, more time-efficient choice.

As to how to find the cheapest deals when buying property in Ecuador, sign up for my Weekly Ecuador Insider´s Newsletter to find out now, you can unsubscribe at any time:

$1,100/mon Playas 4 Bedr Villa Rental

$1,100/mon Playas 4 Bedr Villa Rental, furnished kitchen, yard, located in gated community one block from the beach.

For more info about this property please contact:

Bienes Raices Ocean Salinas
Ecuador Cell: 593+ 99675090 – 99641949 – 97320632
Write seller below:
[contact-form 2 “Corredor uno”]

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$850/mon Olon Bungalow for rent

Beautiful new bungalow for rent near beach in Olon, 1 bedroom with a matrimonial bed, 2 beds for kids with latter to second level, Direct TV, 1 full bath, AC, fully furnished kitchen, social area has pool.

For more info about this property please contact:

Bienes Raices Ocean Salinas
Ecuador Cell: 593+ 99675090 – 99641949 – 97320632
Write seller below:
[contact-form 2 “Corredor uno”]

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