Comments on: Real Estate in Ecuador: Low Cost Beachfront Property http://www.escapefromamerica.com/2009/04/real-estate-in-ecuador/ Live where you want to live... Live how you want to live... And make money doing it! Fri, 05 Mar 2010 13:09:25 +0000 http://wordpress.org/?v=abc hourly 1 By: Dave http://www.escapefromamerica.com/2009/04/real-estate-in-ecuador/comment-page-2/#comment-1308 Dave Wed, 17 Feb 2010 17:36:37 +0000 http://www.escapefromamerica.com/?p=486#comment-1308 One important thing to keep in mind, is that a 90 day visa is good for a year. If you have a 30, 60 or 90 day visa and stay for 30 says, when you return within a period of one year you would omly be eligible for a visa for 60 days. This could be a problem if you purchase a home with the intention of living in it for a period of more than 90 days a year, without a permanent resident visa. Some other countrys like Panama will allow you to have several 90 day period visas within a years timespan. Also if you overstay your visa you can not pay the fine at the airport, so you will most likely miss your plane. One important thing to keep in mind, is that a 90 day visa is good for a year. If you have a 30, 60 or 90 day visa and stay for 30 says, when you return within a period of one year you would omly be eligible for a visa for 60 days. This could be a problem if you purchase a home with the intention of living in it for a period of more than 90 days a year, without a permanent resident visa. Some other countrys like Panama will allow you to have several 90 day period visas within a years timespan. Also if you overstay your visa you can not pay the fine at the airport, so you will most likely miss your plane.

]]> By: Byron http://www.escapefromamerica.com/2009/04/real-estate-in-ecuador/comment-page-2/#comment-372 Byron Thu, 03 Sep 2009 00:41:22 +0000 http://www.escapefromamerica.com/?p=486#comment-372 Jacques' and Carlos' comments are too sensationalist in my opinion. Comments like theirs are very far from daily reality, and from a very limited perspective. Ecuador has political troubles, bad governments, etc, but it is beeeeaaaauuuuutiful, and well worth it once you see it, meet it's people, and learn to appreciate nature, the environment and culture. Yes, be cautious wherever you go, but don't let fearful comments deter you from a lifetime experience. All of South America is amazing, but like the article said Ecuador has several geographical benefits when considering a visit/moving from the US. Jacques’ and Carlos’ comments are too sensationalist in my opinion.
Comments like theirs are very far from daily reality, and from a very limited perspective.

Ecuador has political troubles, bad governments, etc, but it is beeeeaaaauuuuutiful, and well worth it once you see it, meet it’s people, and learn to appreciate nature, the environment and culture.

Yes, be cautious wherever you go, but don’t let fearful comments deter you from a lifetime experience.

All of South America is amazing, but like the article said Ecuador has several geographical benefits when considering a visit/moving from the US.

]]> By: jacques http://www.escapefromamerica.com/2009/04/real-estate-in-ecuador/comment-page-2/#comment-335 jacques Wed, 08 Jul 2009 08:55:20 +0000 http://www.escapefromamerica.com/?p=486#comment-335 Carlos is right. The first thing you have to consider before buying a property in South America is the political stability of the country. And the author of the contribution,Domenick Buonamici , is forgetting the mainpoint of the all story. Mr Correo, Ecuador's president, is part of the Chavez group in South-america. Mr Buonamici is not telling either, that this country is giving safe haven to the Farc narco terrorist group. Would you like to invest in such a country? The answer is clear. Never? They are other contries in Latin america, with are not tropical, but enjoy nice sommer weather between November and may, I mean for example, Uruguay or Chile. And and investment in these countries is perfectly safe. Not depending on Mr Correa.... Carlos is right. The first thing you have to consider before buying a property in South America is the political stability of the country. And the author of the contribution,Domenick Buonamici , is forgetting the mainpoint of the all story. Mr Correo, Ecuador’s president, is part of the Chavez group in South-america. Mr Buonamici is not telling either, that this country is giving safe haven to the Farc narco terrorist group. Would you like to invest in such a country? The answer is clear. Never? They are other contries in Latin america, with are not tropical, but enjoy nice sommer weather between November and may, I mean for example, Uruguay or Chile. And and investment in these countries is perfectly safe. Not depending on Mr Correa….

]]> By: The Undertaker http://www.escapefromamerica.com/2009/04/real-estate-in-ecuador/comment-page-2/#comment-326 The Undertaker Fri, 03 Jul 2009 13:09:12 +0000 http://www.escapefromamerica.com/?p=486#comment-326 Look, I've never been to Ecuador but have lived in both Panama & C.R. Panama RE was off the chain a few years back but I believe shows signs of cracking now. We are in the 1st or 2nd inning of a global stagpression (IMO) and this giddy business of expats running RE/other prices to the moon is coming to an end. The article mentions that beach property is NOT diving in C.R. Bull. You look around and you can easily find ad after ad announcing price reductions. Sure, these folks were probably shooting for the moon to begin with BUT I have found that it is, in fact, the expat crowd who chops prices just as readily as they ran 'em up. Why? Because gringos et al sometimes have REAL reasons to sell IE. bail out to the 'homeland' or scurry on to the next 'big thing' before everyone else does. I wouldn't buy anything anywhere for the next 2 to 3 years, speaking for myself. When the financial media is screaming that there's no hope for any 'market', then you may wish to look to 'steal' something in the way of real property. With today's uncertainty (sure, maybe opportunity too..) do you want to stick your neck on the chopping block when your means for sustenance could go up in flames tomorrow? Hey, if you're a millionaire, roll the dice. If you're looking for a place to roost, wait. Look,

I’ve never been to Ecuador but have lived in both Panama & C.R. Panama RE was off the chain a few years back but I believe shows signs of cracking now. We are in the 1st or 2nd inning of a global stagpression (IMO) and this giddy business of expats running RE/other prices to the moon is coming to an end.

The article mentions that beach property is NOT diving in C.R. Bull. You look around and you can easily find ad after ad announcing price reductions. Sure, these folks were probably shooting for the moon to begin with BUT I have found that it is, in fact, the expat crowd who chops prices just as readily as they ran ‘em up. Why? Because gringos et al sometimes have REAL reasons to sell IE. bail out to the ‘homeland’ or scurry on to the next ‘big thing’ before everyone else does.

I wouldn’t buy anything anywhere for the next 2 to 3 years, speaking for myself. When the financial media is screaming that there’s no hope for any ‘market’, then you may wish to look to ’steal’ something in the way of real property.

With today’s uncertainty (sure, maybe opportunity too..) do you want to stick your neck on the chopping block when your means for sustenance could go up in flames tomorrow? Hey, if you’re a millionaire, roll the dice. If you’re looking for a place to roost, wait.

]]> By: Carlos http://www.escapefromamerica.com/2009/04/real-estate-in-ecuador/comment-page-2/#comment-302 Carlos Wed, 24 Jun 2009 15:30:12 +0000 http://www.escapefromamerica.com/?p=486#comment-302 I was born in Ecuador, educated in the US, now living in Panama. The government in Ecuador is turning left...very similar to Chavez...and many Ecuadorians want to leave the country...keep yourselves informed of the political situation before you move/invest there.... The ecuadorian government has been in the news lately because of financial restrictions to companies that have investments in what they call "financial paradise countries"...like Panama. Also, because the president's brother was granted millions of dollars in contracts....nepotism is blatant... Finally, like Chavez, Presidente Correa wants to close TV stations, newspapers and any other comunication means that do not agree with his politics... Good luck moving there.... I was born in Ecuador, educated in the US, now living in Panama.
The government in Ecuador is turning left…very similar to Chavez…and many Ecuadorians want to leave the country…keep yourselves informed of the political situation before you move/invest there….

The ecuadorian government has been in the news lately because of financial restrictions to companies that have investments in what they call “financial paradise countries”…like Panama.
Also, because the president’s brother was granted millions of dollars in contracts….nepotism is blatant…

Finally, like Chavez, Presidente Correa wants to close TV stations, newspapers and any other comunication means that do not agree with his politics…

Good luck moving there….

]]> By: Aaron Kaufman http://www.escapefromamerica.com/2009/04/real-estate-in-ecuador/comment-page-1/#comment-281 Aaron Kaufman Sun, 07 Jun 2009 20:51:16 +0000 http://www.escapefromamerica.com/?p=486#comment-281 i just for years just worked for Tishman Speyer in New York City and am at New York University getting a masters in Real Estate. All this sounds very interesting. i love your idea Dax. How is it going? I speak spanish (enough to get by) and would love to get involved. i am a hard worker and extremely sociable. ANy thoughts or advice please let me know. WOuld love to learn more. Thanks i just for years just worked for Tishman Speyer in New York City and am at New York University getting a masters in Real Estate. All this sounds very interesting. i love your idea Dax. How is it going?

I speak spanish (enough to get by) and would love to get involved. i am a hard worker and extremely sociable.
ANy thoughts or advice please let me know. WOuld love to learn more.

Thanks

]]> By: SMITH http://www.escapefromamerica.com/2009/04/real-estate-in-ecuador/comment-page-1/#comment-274 SMITH Sat, 30 May 2009 23:44:10 +0000 http://www.escapefromamerica.com/?p=486#comment-274 Oh man D - you make me wanna bolt right away! With the turbulent U.S. market and a gov't that has forgotten it's "we the people" and not we the gov't I'm leaning towards jet'n off to a less stressful and life rewarding adventure to a place I can learn another culture and support myself in a more natural way! I only recently have taken this thought seriously and will be taking my vacation soon to visit a couple of prospective places which will certainly include Ecuador. Thanks for the insight D!!! Oh man D – you make me wanna bolt right away! With the turbulent U.S. market and a gov’t that has forgotten it’s “we the people” and not we the gov’t I’m leaning towards jet’n off to a less stressful and life rewarding adventure to a place I can learn another culture and support myself in a more natural way! I only recently have taken this thought seriously and will be taking my vacation soon to visit a couple of prospective places which will certainly include Ecuador. Thanks for the insight D!!!

]]> By: sergino http://www.escapefromamerica.com/2009/04/real-estate-in-ecuador/comment-page-1/#comment-238 sergino Tue, 19 May 2009 13:25:40 +0000 http://www.escapefromamerica.com/?p=486#comment-238 I'd never invest in Real Estate in Colombia. It's too dangerous. The goverment in Ecuador is not a comunist one. Besides, the old and new Constitution guarantees yor private property. So it seems that German is a souer colombian who, for some reason, wants to throw mud to the truth which is that Ecuador is a very peaceful and beautiful country that loves foreigners and welcomes them. Great article Dominick. I’d never invest in Real Estate in Colombia. It’s too dangerous. The goverment in Ecuador is not a comunist one. Besides, the old and new Constitution guarantees yor private property. So it seems that German is a souer colombian who, for some reason, wants to throw mud to the truth which is that Ecuador is a very peaceful and beautiful country that loves foreigners and welcomes them. Great article Dominick.

]]> By: sergino http://www.escapefromamerica.com/2009/04/real-estate-in-ecuador/comment-page-1/#comment-237 sergino Tue, 19 May 2009 01:55:49 +0000 http://www.escapefromamerica.com/?p=486#comment-237 German is probably an unhappy colombian who hates Ecuador for some reason and doesn't know what he is talking about. Colombia is extremely dangerous and I wouldn't buy real estate there. To live peacefully and inexpensibly I'd definetely buy beach property in Ecuador from "ruta del sol" to Manta up to Canoas, Cojimies, Tonsupa, etc. The new Constitution protects private property. Ecuador is a peaceful country that welcomes foreigners. Very good article Domenick. German is probably an unhappy colombian who hates Ecuador for some reason and doesn’t know what he is talking about. Colombia is extremely dangerous and I wouldn’t buy real estate there. To live peacefully and inexpensibly I’d definetely buy beach property in Ecuador from “ruta del sol” to Manta up to Canoas, Cojimies, Tonsupa, etc. The new Constitution protects private property. Ecuador is a peaceful country that welcomes foreigners. Very good article Domenick.

]]> By: Jason Mailot http://www.escapefromamerica.com/2009/04/real-estate-in-ecuador/comment-page-1/#comment-186 Jason Mailot Tue, 21 Apr 2009 20:47:41 +0000 http://www.escapefromamerica.com/?p=486#comment-186 Hi Dax, I am looking to move out of the country and go expat. I am definitely considering Ecuador and would love to get involved with the real estate down there. While I'm still saving, I would be happy to live down there full time if I could get involved in some type of lucrative business operation. I am fluent in Spanish, native gringo so English too and my degree is in Economics. Please feel free to contact me if there is some way I could get involved. I currently live in Boulder, CO but my family is all in New Jersey, so I visit the east coast often. Thanks, Jason Mailot floyd4793@aol.com Hi Dax,

I am looking to move out of the country and go expat. I am definitely considering Ecuador and would love to get involved with the real estate down there. While I’m still saving, I would be happy to live down there full time if I could get involved in some type of lucrative business operation. I am fluent in Spanish, native gringo so English too and my degree is in Economics. Please feel free to contact me if there is some way I could get involved. I currently live in Boulder, CO but my family is all in New Jersey, so I visit the east coast often.

Thanks,

Jason Mailot
floyd4793@aol.com

]]> By: German http://www.escapefromamerica.com/2009/04/real-estate-in-ecuador/comment-page-1/#comment-168 German Mon, 20 Apr 2009 16:02:41 +0000 http://www.escapefromamerica.com/?p=486#comment-168 Well...in Ecuador remenber that you have a communits goverment that may take your property away.....So how can you make long term plans with a goverment that is likes Cuba's the best place in Colombia,....you said rebels, they are deep in the jungles and not in the cities and not specially in the Atlantic coast...wonderful place to live....plus is a 10 times bigger country that Ecuador plus is only 2 hours from Miami..................... Well…in Ecuador remenber that you have a communits goverment that may take your property away…..So how can you make long term plans with a goverment that is likes Cuba’s
the best place in Colombia,….you said rebels, they are deep in the jungles and not in the cities and not
specially in the Atlantic coast…wonderful place to live….plus is a 10 times bigger country that Ecuador plus
is only 2 hours from Miami…………………

]]> By: robert escamilla http://www.escapefromamerica.com/2009/04/real-estate-in-ecuador/comment-page-1/#comment-159 robert escamilla Sun, 19 Apr 2009 16:20:00 +0000 http://www.escapefromamerica.com/?p=486#comment-159 Need all info on ecuador that I can, since I plan to go to Ecuador and venture for a while. Need all info on ecuador that I can, since I plan to go to Ecuador and venture for a while.

]]> By: Greg Johnson http://www.escapefromamerica.com/2009/04/real-estate-in-ecuador/comment-page-1/#comment-157 Greg Johnson Sun, 19 Apr 2009 15:23:40 +0000 http://www.escapefromamerica.com/?p=486#comment-157 Domenick, You did a first class job on the Ecuador article. You shared a wealth of information about this magical country, and it's evident that you have done your homework. I've just returned from a couple of weeks in Ecuador, and really enjoyed my week at a friend's beach house in Olon. The sun and water were as warm as the greetings we received from the local folks from day 1. Walking the 8 mile beach from '"The Point" to past San Jose, swimming and boogie boarding in 80 degree water, playing music at a pizza place in Montanita - it was a very special experience. Documenting the local fishermen as they rowed their pangas out to the sea with huge nets that were dropped and then retrieved by 20-30 guys of all ages. They pulled on large nylon ropes as they dragged the net back to shore with many fish to divvy up. It is a sustainable fishing process that has provided sustenance for the people of Olon and other fishing villages along the Ruta del Sol for many years. Greg Johnson Domenick,

You did a first class job on the Ecuador article. You shared a wealth of information about this magical country, and it’s evident that you have done your homework. I’ve just returned from a couple of weeks in Ecuador, and really enjoyed my week at a friend’s beach house in Olon. The sun and water were as warm as the greetings we received from the local folks from day 1. Walking the 8 mile beach from ‘”The Point” to past San Jose, swimming and boogie boarding in 80 degree water, playing music at a pizza place in Montanita – it was a very special experience.

Documenting the local fishermen as they rowed their pangas out to the sea with huge nets that were dropped and then retrieved by 20-30 guys of all ages. They pulled on large nylon ropes as they dragged the net back to shore with many fish to divvy up. It is a sustainable fishing process that has provided sustenance for the people of Olon and other fishing villages along the Ruta del Sol for many years.

Greg Johnson

]]> By: Dax Carney http://www.escapefromamerica.com/2009/04/real-estate-in-ecuador/comment-page-1/#comment-147 Dax Carney Fri, 17 Apr 2009 22:07:54 +0000 http://www.escapefromamerica.com/?p=486#comment-147 Hello Domenick, I am moving to Ecuador in July and wanted to get into marketing and selling Ecuadorian real estate, abroad. Do you know of any agents/agencies that would be interested in my services? I have an MBA degree, speak Spanish, Portuguese and English, fluently, and have a very strong command of German. The only issue is that I will only be there from 3-5 months. I could be in Quito or Guayaquil, as I have family in both places. Afterwards, I would be returnng to New York, NY, USA, from where I would be looking to continue the marketing and sales of Ecuadorian real estate. Thank you for your time. Best regards, Dax Carney Hello Domenick,

I am moving to Ecuador in July and wanted to get into marketing and selling Ecuadorian real estate, abroad. Do you know of any agents/agencies that would be interested in my services? I have an MBA degree, speak Spanish, Portuguese and English, fluently, and have a very strong command of German. The only issue is that I will only be there from 3-5 months. I could be in Quito or Guayaquil, as I have family in both places. Afterwards, I would be returnng to New York, NY, USA, from where I would be looking to continue the marketing and sales of Ecuadorian real estate.

Thank you for your time.

Best regards,
Dax Carney

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