Keeping your car legal in Ecuador

Got a car in Ecuador?

Worried the papers might not be up-to-date and the next time you´re pulled over might be your last?

I got several friends with cars in Ecuador and almost all of them have cars with expired registrations and are subsequently illegal for transit.

When really, it´s pretty easy to keep your car legal, I think most expats just don´t know how to do it.

Once you have a car in Ecuador, each year you have to pay the annual “matricula” or registration.  It´s more expensive for newer or more expensive cars, yet with each passing year the amount to pay goes down considerably.

For instance a $22,000 new car may have a “matricula” payment of around $600 while the same car 3 years later may only have to pay around $200 in the annual “matricula”.  You can consult by plate number how much you´ll have to pay at the folowing link. Car loans will certainly be a requirement for purchasing your dream car. In the modern circumstances, buying a car will not be a big issue. You can avail car loans from various sources and many of the options are now more legible than ever before. But at the same time you have to be cautious against the pitfalls present in the car loan market. Here are top 10 helpful hints about car loans which will help you to find the best offers available in the market. More about car title loan is all you need to solve your financial crisis, if not then visit us here.

When you have to pay in the year is determined by the last number of your license plate. For instance, plates ending in “1” have to pay in February of each year while “2” has to pay in March and so on until “0” has to pay by November.  You can pay in advance.

To pay the amount due all you have to do is go to any bigger bank in Ecuador like a Banco Pichincha with your Matricula card, hand it to the teller, and they´ll tell you how much to pay.  Make sure you keep the receipt, and that´s it for newer cars, you are done! Read the benefits of No Money Down & Bad Credit for car borrowers.

Now, every three years or so you will have to go into the ANT (Agencia Nacional de Transito) office nearest you and renew your Matricula card after you have paid the amount due in the bank.

For cars usually 3 years or older, after you pay in the bank you will need to get an annual car “revision” where they will check primarily for emissions, the lights, suspension, alignment and brakes and the cost for smaller cars is around $28.  Pretty straightforward.

For a car revision you will need to apply for a turn in Quito at this site.  For Guayaquil, try here.  Manta and Cuenca also have their revision points, just Google “revision vehicular MANTA” or wherever.

For newer cars, usually three years or younger the revision is not necessary, you can also verify by a sticker on the windshield if a revision is necessary for your vehicle.  It´ll say EXEMPT (Exento) 2013, 2014, 2015 or whatever.  This link helps too for general info on your vehicle and also to see when it last passed a revision.

Also, to register your car for the current year keeping it legal to transit, you will also have to pay any outstanding fines or you will be forced to do so before payng the annual registration payment at the bank, you can see if your car owes at this link.
That´s it!  Now you won´t have to sweat it next time you´re pulled over in Ecuador. You´re legal!

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Getting Internet (data in your phone) anytime anywhere in Ecuador – Not always as easy as you think

I know, I know, I get it.

Staying connected to the Internet is more important than water, electricity for you.

We´ve reached that point in our society.

Problem is, in Ecuador, the Internet connection is not so good, especially in the small towns.  Even hotels that advertise they have WIFI, often will be having network problems.

But there is something you can do about it.

First, go to BestBuy USA or whever and get an UNLOCKED smart phone with a SIM card slot, BLU are the cheapest starting around $100.

Then once in Ecuador buy a SIM card for $7 that gives you an Ecuador number and gets you on the local network.  There are only two cell phone service providers in Ecuador Claro and Movistar.

OK, once you have the SIM card in the phone, activated, go to any local street store that sells RECARGAS or minutes.  You can add $1, $3, $5, $10 or more.
Once the minutes are added, to activate the credit as DATA INTERNET

For Claro dial: *123# and then follow the prompts.

For Movistar: After loading $5 of credit, Send a text message to the number 334… with the word “siete” then you’ll get a response and respond to that message with the command “INTR7”.  Thats it, you ll get a confirmation of 200mb of DATA surfing over a period of seven days.

When you’re on a limited mega count, try to avoid watching videos or downloading things as this consumes most of your megas.  Social media and email consume very little megas.

This way anyone, even a tourist in Ecuador, can stay connected anywhere, anytime, no matter if the WIFI is down.


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Ecuador dual citizenship myths debunked- How to get around the 90 day rule

There’s really only one simple requirement that qualifies you for an Ecuadorian second passport (aka Ecuador dual citizenship)… you need 3 years of permanent residency after getting any of the resident visas and obtaining your “cedula” ID card.

In fact, I was told by my source in immigration you can actually apply after about 2 and a half years.

That’s it!  By far the easiest South American passport to obtain!

But there is a lot of mis-information out there on this subject, mainly us gringos regurgitating random stuff we read on online forums.

1. Will getting dual Ecuadorian citizenship cause me to lose my original citizenship and passport?  No!  Not if you are from a country that allows and recognizes dual citizens like the USA, Canada, Ecuador and Great Britain to name a few.

2. Will getting Ecuador dual citizenship create an EXTRA tax burden for me?  No. Ecuador like most countries not named THE US…tax only income made in Ecuador, doesn’t even matter what nationality the person that makes it is, if you are given an official Ecuadorian purchase receipt (factura) you have to pay tax to Ecuador on it.  If not, no.  Ecuador does not tax foreign made income.

3. Isn’t Ecuador one of those mandatory military service states?  Actually yes, it is, but T.I.E. my friend (this is Ecuador)… to get out of it all an Ecuadorian male has to do is pay a tiny fine (last I heard it was well under $200).  And truth be told, they would only be interested in you and possibly enforce it if you were 18-21 anyway.  In fact, its not at all like the US, or like you think, there is actually a surplus of demand from locals to join the forces, and many who want to join are left out!  Really!  There just aren’t that many spots.

Now the biggest, baddest two myths that prevent most us gringos from even trying…
4. Isn’t there a new law that states you must be out of the country for a maximum of 90 days TOTAL for the three years prior to applying for residency?  Actually, this is CORRECT, BUT T.I.E. my friend (this is Ecuador), I know you probably think like a gringo and everything is black or white, right or wrong, I get it, I do too.  But this is Ecuador, the land where who you know and what you know often prevails.  For instance, to get around this one in a totally legit, legal way you can right a letter and submit with your application explaining the extenuating circumstances that caused you to be out of country more than the time allotment.  For example, a death, a health issue, etc… of course substantiated by apostilled proof from a doctor or whatnot helps.  Its not a given they would pass it, but its possible, one ecuadorian immigration official working in the Quito citizenship office informed me THIS MONTH, June 2015 in Quito.  I would personally apply in Quito too, not Cuenca, they just seem nicer.

5. Isn’t there a nasty verbal exam of my Spanish level?  No!  The exam is actually WRITTEN, which makes it MUCH easier, yes, it is in Spanish, but with some test prep like the guide I’m offering today you should be fine.  You will have to sing the Ecuadorian hym, but that is when you have ALREADY been accepted and you won’t be by yourself, but with everyone else sworn in that day so I’m sure you could find a way to ‘fake it til you make it’ like you did back in high school choir class.  As for the written exam, the official told me you really have to B#MB it to fail it and yes, they’d let you take it again.  They just want to see some effort.  He also said the older you are the less they expect you to speak decent Spanish.  So NO, there is no verbal exam but yes, some basic Spanish chit-chat would be nice to know going in, you know, stuff you can learn in a few weeks of Spanish lessons.

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Getting electricity to your lot in Ecuador

Next up, electricity, not necessarily a sure thing in Ecuador.

But in this case, the electricity was about 100 meters away from my lot, maybe a bit less, so it wasn’t a huge deal hooking it up to my property, if you need some help just visit the contractors website and Get a Free Service Estimate.

Total cost $2450 for everything, one residential electrician did it all, installed two posts, one transformer for max 2 houses, and also did the certification with the electric company  and got the meter installed. You can visit one of the best electric company at https://www.ph-el.dk.

In a few days he was done.

If I build more houses in the near future i can trade him the transformer i got for a more powerful one and he will discount the full price of the one i have.

As for installing the electrical outlets and breakers in the home itself, normally, I now electricians in Ecuador charge $12 per point, or per outlet installed. We found one recommended local that will do it for a total of $700 the whole house.

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Where’s best to exchange money in Ecuador?

Got Euros or another foreign currency, or maybe want to buy it in Ecuador getting out of the USD while it’s strong?

So, where has the best exchange rates?

First off, for the best rates be sure to exchange your money in one of the only two cities in Ecuador with international airports… Quito or Guayaquil.

In the smaller towns of Ecuador it may get very difficult to even find somewhere that will exchange money, let alone at a good rate.

In Guayaquil, where I lived for about a year, I recommend the small exchange houses found in the CENTRO near Av. 9 de Octubre.

In Quito, this week in June of 2015, I checked all the places I know to exchange money.

On XE.com while the international rate USD-EUR was $1.128-1…

The buy rate means how much in USD they´ll give you for 1 EURO, the sell rate is how much USD you have to pay them for 1 EURO.

In the airport the rate was …  BUY … $1.07 SELL… $1.39  (by far the worst).

In Western Union in downtown Quito… BUY … $1.09… SELL $1.19 (not so good!)

In the biggest bank of Ecuador, Banco Pichincha, the rates were… BUY … $1.15… SELL $1.22  (good buy rate!)

On the street corner where money exchangers have been for years with big wads of cash on Av. Amazonas and Vicente Ramon Roca they were offering … BUY $1.12… SELL $1.18.  (average)

At Del Bank, a smaller bank in Quito, they were offering… BUY $1.02… SELL $1.23 (worse)

Then, there are the little exchange houses along AMAZONAS in the MARISCAL sector… 

The best rates I found were at MIL CAMBIOS S.A. on Wilson and Amazonas BUY $1.14 … SELL $1.15

and… CAMBIOS NUEVO MILENIO on Amazonas and Carrion  BUY $1.15 … SELL $1.20

So, in the end, both the best BUY and SELL rates could be found in the smaller exchange houses mentioned above along AV. Amazonas in Quito although Banco Pichincha wasn´t too shabby. Forex signals UK give us a chance to figure out when to buy and when to sell in order to make a profit.

Also, remember for exchanging larger sums in Ecuador it is accepted to negotiate a slightly better rate.

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