Cuenca Ecuador: 5,000 expatriates living in city, 95 percent from United States

Eluniverso.com reported that the Chamber of Commerce estimates that are about five thousand foreigners who have chosen to live in this city, of which he says, 95% comes from the U.S., Canada 3%, 1% in Germany and an equal percentage of Australia. Most of these people have a pension of between $ 800 and $ 1,500, making it difficult for life in the United States, but in our city allows them to pay rent, food, health and even for fun,” he said. Are you in the last five years increased the buying and selling homes and reactivated the construction sector of condominiums, new in Cuenca, which until 2008 was characterized by two-story buildings up, said Eugenia Villavicencio , realtor who last year sold to a European group a set of fifteen houses in Yunguilla, Canton Valley Santa Isabel. Read Article