Expat Expert, Ayampe (2026)

06/03/2023

The minimum amount neccesary for the investment visa is directly related to the basic salary of Ecuador. So, if the basic salary changes, the minimum investment requirement will also change. The government of Ecuador has set the basic salary for 2023 at $450 dollars, so the minimum investment amount for this visa category is $45.000.

03/03/2023

Many expats think they need to establish a company or LLC to start a business in Ecuador.
Even though companies in Ecuador are relatively easy to create, it very well may not be necessary or adventagous for the busines you would like to operate. Also, keep in mind that if you create a company you will have periodic responsibilities that will require, among other things, to submit reports to the government.

27/01/2023

The minimum amount neccesary for the investment visa is directly related to the basic salary of Ecuador. So, if the basic salary changes, the minimum investment requirement will also change. The government of Ecuador has set the basic salary for 2023 at $450 dollars, so the minimum investment amount for this visa category is $45.000.

24/01/2023

When we talk about a deed to buy or sell a property, it should be the responsibility of the seller to obtain the necessary documents from the government institutions and to pay the “plusvalía” tax. The buyer has the responsibility for the fees and costs incurred in drawing up the deed such as lawyer fees, “alcabala” tax, and deed inscription or registration.

For more information, contact us, we will be happy to help you during this process 😉

22/10/2022

PRICE. 💰

No contract, no money. Do not give any deposit without a legal agreement. Do not give money without signing a contract. You need to protect your money and investment. 💸

Signing a promissory contract is not completely necessary or always the best choice. I can provide you with the most appropriate and precise arrangements, so your investment is always protected. 📄✅

20/10/2022

We receive this inquiry from clients who are both buyers and sellers. If you do not put the actual price, you may pay fewer taxes, notaries fees, and registration fees, but…

If something happens to your investment, you can only claim the price established in the contract.

In a few days or even after years, a government entity and your or the seller's bank may ask you to justify the money you transferred or received.

If you decide to sell your property in the future and the buyer requests to stipulate the actual price, you will need to pay higher taxes as a seller.

12/10/2022

If you are thinking about buying a property in a condo, gated community, or urbanization, here are some tips to look out for:

Always ask for condo /urbanization regulations and read them carefully. Sometimes you will find some limitations that don't coincide with your plans. Example: Some rules force you to adhere to architectural designs that do not fit your projects.

Enquire about the monthly fee you may be required to pay to the administration.
Ensure the urbanization or condo doesn't have significant debts with the administration or employees.

Consult competent legal advice. Your legal advisor will help you to decide if the investment is worth it or may have hidden issues.

11/10/2022

When should I get started with my paperwork for my temporary visa?

If you are considering applying for your temporary or permanent residency visa, we recommend starting with the needed paperwork at least five months before your application. ⏱️

That is because, in some countries, the government institution that issues the paperwork takes up to three months to provide documents. 📄✅

04/10/2022

Is health insurance a requirement for a visa?
You will need to present a health insurance certificate depending on your visa category.

If you apply for your temporary pension, rental, or investment residence visa, you will need it. You won't need to prove you have health insurance for the rest of the categories.

02/10/2022

Is health insurance a requirement for a visa?
You will need to present a health insurance certificate depending on your visa category.

If you apply for your temporary pension, rental, or investment residence visa, you will need it. You won't need to prove you have health insurance for the rest of the categories.

31/08/2022

When I have my first consultation online or in my office with a client that wants to apply for a residency visa, my first question is about their plans in Ecuador.

Some clients want to apply for residence to buy a property, conduct business in Ecuador, or start a company. You should know that you don't need to be a resident for all those purposes.

Apart from the information above, you should also know that visitors from almost all countries are allowed 90 days to stay in Ecuador per year, and you can ask for an additional 90 days. So, you have six months per year to start your business, enjoy your new home and make the most of your time in Ecuador.

30/08/2022

Expat Expert is now registered as a brand,I am very thankful to all my customers and keep working in the solutions of everyone who need my services.

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