What do I need to know before moving to Ecuador?
When we asked people what advice they would give someone preparing to move to Ecuador, they said...
"Take your time to look around and if you find something that just jumps out at you take it. You will know if it feels right. Don't wait as if you do when you go back it will probably be gone. If you are looking and coming back to live here at a later date you can always rent it out to other expats. Rentals are in short demand for expats here in Cuenca," commented one expat who made the move to Cuenca, Ecuador.
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"Come and visit for preliminary look, choose several locations for example beach, mountains and jungle. Try to visit a city and small town in each area, think also of some tourist attractions to get a flavor of the country. Return for another more focused visit to the vibe (example beach) that catches your interest....second visit, focus on areas large and small from your research that sound interesting. If you find a location that you like, plan to come for extended stay and RENT there. Do not look to purchase until you have lived here awhile, LIVED not visited. It is very different to live here rather than visit. Note as far as purchasing property: it is not like the USA, no realtor website with most of the properties in the area featured so can be tedious looking. No licensed inspectors so you are on your own to determine potential problems. Many if not most built "informally" i.e. not to codes. Also, if you make a mistake and decide to go back, properties here do not sell fast, you could be invested for years waiting for a buyer. Financing is difficult to obtain, mortgage interest rates are high (can be 10+%) and large down payments required for Ecuadorian buyers," remarked another expat in Ecuador.
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Other Questions:
- What do I need to know before moving to Ecuador?
- How do I find a place to live in Ecuador?
- What is a typical expat home or apartment like in Ecuador?
- What is the average cost of housing in Ecuador?
- Should I buy or rent a home in Ecuador?
- What should I pack when moving to Ecuador?
- What cultural faux pas should I try to avoid making in Ecuador?
- Why do people move to Ecuador?
- What are healthcare services like in Ecuador?
- What are medical services in Ecuador like?
- What are typical rents in Ecuador?
- What appliances are typically included in a rental?
What do I need to know before moving to Ecuador?
If you live in Ecuador, newcomers to Ecuador would love to hear your answer to this question.
About the Author
Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad Exchange, Joshua worked for NBC Cable (MSNBC and CNBC
Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
