Category: Investor News/Analysis

Ecuador 2012 Inflation Predictions

This week the Ecuador government released the inflation estimates they based they 2012 budget on… Budget estimate 3.68%… but the actual predicted inflation is expected to be closer to 5.14%.

Overall, Many see an even higher inflation here in Ecuador possibly happening next year due to the increased taxes on imports the goverment is imposing.

inflation-in-ecuador

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Ecuador Unemployment at 5.5%

According to the INEC, the Ecuador Census Bureau, the September unemployment rate in the urban areas of Ecuador was at 5.5%. The lowest figure to date since June of 2007.

But of those employed, 47.9% are considered to be under-employed.

ecuador-unemployment-rate

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Title insurance scam revealed in Ecuador

“Is that legal?” My friend asked…

…”not sure, but I’m not surprised,” I said.

Referring to charging someone $5000 for something they could do on their own for $25…

You see, Ecuador is the Wild West of real estate investing… it’s fun, but it has it’s risks.

My friend was telling me how he just watched a title insurance company from the US charge an American property buyer here in Ecuador $5000 to do something they could have done on their own for $25.

Most locals simply get a Certificate from the Property Registrar’s Office “Certificado del Registrador de Propiedad” in the town where the property is located to ensure the Title “Escritura” is clean and really owned by the person selling before purchasing.

That’s it.

In most cases, nothing else is needed, and besides, that’s all the title company from the US did.

They got the certificate from the property registrar.

Title insurance is a VERY American thing, and totally not common in Ecuador. And in my opinion, not necessary if you do diligence.

That foreign buyer was uninformed… now you’re not.

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Nov 14-15, Latin American Real Estate Marketing Conference

real-estate-marketing-domenick-buonamici

Want to learn how to sell property to foreign investors… fast?

Now you can if you take a moment to learn the secrets of experts from the US, Argentina and all over Latin America.


In this 2 day seminar in Panama City, Panama you’ll learn…

-How to attract more foreign buyers to your properties
-Common mistakes to avoid when selling to foreign buyers
-Keys to success selling homes on and offline.
-Secret tactics the pros use to help move hard-to-sell homes


This course is for anyone serious about improving their ability to sell properties fast.

Trainers
Ariel Rizzo
Argentina
Club de Marketing
Ariel has over a decade of experience marketing multi-million dollar real estate products and services to clients both in and out of his home city, Buenos Aires.

Domenick Buonamici
USA
Ecuador Insider’s Lead Reporter
Domenick has never worked as a real estate agent but has bought and sold homes for a profit all over Latin America for several years now.

November 14-15, 8 hrs course per day
Panama City PANAMA
Hotel Melia
$390 course fee, accommodations can be arranged upon request

For more info please contact us here.

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The Only Place in Ecuador High-rollers Want to Be…

mangrove-ecuador

This week I’m checking in from a land of snow-white beaches, turqouise water, and palm trees draped out over the ocean, its the ONLY place in Ecuador like it, and the ONLY place true high-rollers want to be, you haven’t heard it mentioned ANYWHERE as a retirement destination though…until this Sunday on my weekly Ecuador Insider’s newsletter, sign up below to be sure you get this week’s issue!(you can unsubscribe at ANY time):

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