Category: Ecuador for Investors

Any entrepreneur would go crazy thinking about all the business opportunities available in Ecuador (I will reveal several of these in upcoming posts) but keep this in mind before you hire someone down here…

With the new presidential regime of President Correa, the country is rapidly turning into a more socialist country…with ever stricter laws protecting workers.  One of which states that all hired workers are due a “liquidacion” payment upon leaving your business, doesnt matter if they were fired or quit.

In the US, you can simply fire someone and chao, but in Ecuador you will have to pay them, often around 1 and a half month´s salary in order to get them to leave (the amount depends on time of service and salary size).

Something to think about, 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):

Related: Where to buy posters?

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OK, yesterday i ranted on one thing I hate about living in Ecuador (compared to the US)…now I am going to mention one little thing I love about Ecuador…

Today I woke up, walked a half block and had a fresh squeezed 100% grape juice…no sugar, no water added!  For $1.40.

I watched them squeeze the round, incredibly plumb grapes myself…incredible, never seen that in the US…(they always add water, even when you’re paying $5 for a glass)…

There are many other things I love about this place…STAY TUNED for some EXTREMELY useful info on moving to and life in Ecuador… !

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):

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OK, I love Ecuador, that´s why I´m here, but some things certainly don´t smell like roses.

Besides, as an expat, I am entitled to complain…

1 thing I hate about Ecuador is that it is nearly impossible to find good books (in English especially)… I am used to living in the US where a quick stop over to Amazon, and a 2 or 3 day wait is all that separate me from my next new book…

Not that easy in Ecuador…word for the wise…bring your books when you come and be sure to ask everyone you know that´s coming down to bring you more…

In an upcoming post I will mention how you could get books sent to you in Ecuador if you are willing to pay hefty shipping fees…stay tuned…

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):

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Tena Ecuador , Napo Area Map

Chimborazo Area Map