Retire to Ecuador…for Cheap Living in Style
Ecuador is not the first place many would think of as a retirement haven. It is cheap first class retirement living.
Americans and Canadians alike are discovering Ecuador as a cheap place to retire. It is cheap in price only…the country has lots to offer.
The US dollar is the official currency of Ecuador, a source of comfort to some retirees. Expats report that the Ecuadoran people are very friendly and glad to share their country with American retirees.
How cheap is it? $15,000 a year will give you a lifestyle you will be very pleased with. Some live on a lot less, than $15,000 a year.
Cheap living means very reasonable real estate both for purchase and rentals. Rent before you buy is always good advice.
Owning two homes in Ecuador is quite possible due to th elow prices for real estate. One might be in the mountains. Quito the capital, has spring like weather due to its 9,000 foot elevation. The culture of an colonial city is available there. Your second home might be on the beach, Ecuador has some beauties.
Your other home might be on the beach. Manta is an up-and-coming beach town with lots of current real estate development. When on the beach make sure you sport a famous Ecuadoran export…the Panama hat. These popular hats are made in Ecuador.
What do I mean by cheap living? How about being able to buy both an apartment in Quito and have a beachfront condo in Manta… $100,000 and you are all set… that\’s for both properties. If you want to rent first, always a prudent option, nice apartments can be had for $500 a month in Quito, cheaper in the outlying areas.
Some other costs that you will be pleased with is;domestic help…$30 a week. A doctors visit or house call…yes they make house calls…is $15 to $20.
The visa fee for a retiree is $500. To retire in Ecuador the government requires that you prove an monthly income from Social Security or a pension of at least $900 a month. That should tell you something about the low cost of living.
12,000,000 people are currently enjoying living in Ecuador. They live in widely varying climates and scenery. From Amazon jungles, to beaches to colonial cities set high in the Andes. If you want a change it won\’t take long to get to a view and temperature that you like.
Cheap living should not be your only motivator to move to Ecuador. There is a colonial culture in many cities. Quito is home to some fine restaurants, museums and other big city attractions. Ecuador offers a little something to whatever you are looking for. Living well and enjoying life is a Ecuadoran tradition.
Retire to Ecuador is under the retirement radar now, it won\’t be for long. Do you want information on other frugal retirement living lifestyles that are rewarding? Do not give up on retirement until you visit this website
