2017 is the time to start a tourism-based business in a place like Ecuador where 80-90% of the foreign tourists are American (aka from the USA).
Because this is going to be a great year.
Being in the industry myself, I can’t help but notice the uptick in travelers so far this year.
Never before in the last 10-15 years has the dollar been so strong, the (DOW) markets at record levels and real estate strong all at once.
In other words, peoples 401Ks look great, their real assets on paper greater, and the dollar is stronger than its been in over a decade meaning you can buy more abroad. And people are realizing it.
Now, the strong dollar may have an adverse effect when drawing Europeans, Canadians and others outside the dollar zone, but who cares when your market is 80-90% Americans in a place like Ecuador?
So if you ever dreamed of opening a tourism-related biz in a place like Ecuador, now is the time to do it!
Hasta pronto, if you liked this you’d love my Insider’s newsletter on living and investing in Ecuador,
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