Another story touting Ecuador as an expatriate destination for North Americans

ECUADOR REAL ESTATE

ottawacitizen.com reported that it iseasy to see why so many North Americans are moving here. It’s cheaper to live, eat and you can get 10 per cent on your money in a savings account at the bank when you get your residence card. They encourage North Americans, but you’ll need at least $25,000 in the bank if you want to secure a residency card. With the 10 per cent interest, it’s hardly a hardship. And they use the U.S. dollar as currency.

Estimates as high as 4,000 “gringos” reside in Cuenca and there are certainly more transplanted Canadians and Americans there than anywhere else in the country, but that sounds high.
MOVING TO ECUADOR: READ NICHOLAS CROWDER’S NEW BOOK TO BE RELEASED MAY 2013 – Email for advance publication information to nickcrowder@gmail.com
We rented an apartment in Cuenca for a month from a couple from Alberta and found it to be a delightful city of more than 400,000 and four rivers.

Quito is 2,830 metres above sea level. And if you live at sea level, the altitude takes some time to get acclimatized to. The good part is the temperature seldom gets over 25 Celsius and it’s pretty much the same all year round.

It gets much warmer on the coast and when we were in the Galapagos it was downright hot. As expensive as the Galapagos is, compared to everywhere else in the country, it’s not to be missed. Read Article