Category: Ecuador Q&A

Sure. Well the cost of living in Ecuador is much cheaper than Uruguay, in Ecuador a lunch starts around $2, a bus $.25 and liveable properties start around $35k. Everything is more expensive in Uruguay but not quite as expensive as in the States.

Plus, Ecuador uses the dollar…which means you won’t get daily raped by credit card and ATM companies whenever you spend money from accounts in the States.

Quality of life is pretty subjective, but Uruguay is a pretty sterile place, depends what you’re looking for, Ecuador has more character.

Clarity of Ocean… both have Californian style beaches with golden sand and dark water, not the Caribbean prototype.

Crime rates… I’d say Uruguay is a bit, only a bit safer these days, but you could go years in Ecuador without incident. Just use taxis at night instead of walking in the big cities of Quito and Guayaquil. Exact crime rates I’m not aware of at the moment.

Ecuador has very affordable health care… please see the article I wrote here for more.

As for real estate opportunities… Ecuador is where its at, at the moment. Its closer to the US, warm year round and deals starting around $35k can still be found in desirable areas.

hope that helps… Dom

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This week on the Ecuador Insider’s Newsletter I reveal how I got $20,800 in interest free money for my current Ecuador property search…

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I’m back, back in Ecuador after a few months researching property markets in Asia and the Middle East.

And I have $30,000 cash I’d like to invest in Ecuador property…

I’m looking for something I can flip within a year for a nice profit or something I can make a monthly rental income on…

And I’ll be detailing EVERYTHING I see and learn during my house hunt on my weekly Ecuador Insider’s Newsletter, sign up free below! … (you can unsubscribe at any time.)

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A lot of folks write me asking for realtor and lawyer contacts in Ecuador. But it’s actually easier than you think to locate dozens of them yourself in your desired area of Ecuador.

The trick is you’ve got to wait til you’re on the ground in Ecuador, the listings on the internet are sparse at best.

Upon arrival, once in your hotel ask the receptionist for a local yellow pages (Paginas Amarillas), yes, even the smaller towns in Ecuador have them. Then look under the phrase “Inmobiliarias” (realtors), there will probably be several agents to choose from with their addresses and numbers.

To locate lawyers, look under the term “abogados”, there should be several dozen listed. This way, you won’t feel ‘locked in’ to the couple guys you found surfing the net. And be sure to shop around a bit, the quality-of-service ranges greatly in Ecuador from professional to professional. That’s my two cents for this week on Ecuador house hunting, investing and living.

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I’ve spent a few months outside Ecuador, now I’m back, and with the falling dollar and other things I was worried inflation may be hitting Ecuador hard.

However, I’m pleased to report that I can only notice inflation in a few select products, for the most part, the prices seem to be remaining steady so far in 2011.

Transportation costs (buses and taxis) seem to be relatively the same as at the beginning of 2011. You can still get plate lunches starting around $2.

One website where you can compare how Ecuador costs stack up against other countries is WikiCostofLiving.com.

What’s your take?

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