We recently received the following question from a reader about Ecuador Banks:
I am wondering if you can tell me your opinion on Ecuadorian banks. I am planning to visit Ecuador, possibly Cotacachi, in the next couple of months, and in that time I would be interested in opening a bank account with one of the [...]
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Filed under: Ecuador Banking, Ecuador Cost of Living, Ecuador Economy, Ecuador Residency Visa
Pro-Ecuador.com received the following question:
I read your post about bringing gold into Ecuador and I was wondering what happens when you declare over $10k in gold. Do you pay taxes or some fee? If I came with gold I would be an American coming from Venezuela.
I was also curious about my visa [...]
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Filed under: About Ecuador, Ecuador Banking, Ecuador Border Crossing, Ecuador Laws, Ecuador Residency Visa
We recently had a question from a reader whether it is legal to bring gold into Ecuador, and to buy and sell gold. Acutally, I have had this question twice in the last week.
Pro-Ecuador.com’s Martha Perez went to work looking for an answer. She didn’t have to look far because her sister owns [...]
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Filed under: About Ecuador, Ecuador Banking, Ecuador Laws
A reader wrote the following question regarding Banking in Ecuador:
I am leaving South Africa to settle in Bahia De Carquez in Ecuador on the 2nd May. My husband will be travelling with me and will be staying in Bahia for 3 weeks. He will then return to South Africa to finalize the sale [...]
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Filed under: Ecuador Banking, Ecuador Residency Visa, Moving to Ecuador
We have had several people ask us about the possibility of bank financing for Ecuador real estate purchases. Yesterday, I talked to the managing director of Banco Pinchincha in Otavalo, which is near Cotacachi, about 2 hours north of Quito.
The bank manager told me that they would love to make real estate loans to [...]
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Filed under: Cotacachi, Ecuador Banking, Ecuador Real Estate
Pro-Ecuador received the following question:
I am moving to Ecuador in a few weeks. My question for now is…How do I set up my funds to have access to buy real estate in Ecuador. Everything I read is ATM’s and TC’s for tourists. Thanks for your prompt reply.
The Pro-Ecuador response:
The transfer of money is [...]
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Filed under: Ecuador Banking, Ecuador Real Estate
