Expat Advice: Financial Issues in Cumbaya, Ecuador, Ecuador

What is the name of the city or town that you are reporting on?

Cumbaya, Ecuador

Which banks do you use? If you have a local account, which bank do you use? How do you like it? Do you also have an account in your home country? Which bank? Do they charge for ATM withdrawals? Do they charge a lot for international wire transfers? How has it been working with them from abroad? Do you use a special international wire transfer service? Do you use an online bank? If so, tell us about them.

Potential expats considering retiring in Cumbaya should be aware that it is a relatively small city located about 12 km outside of Quito. The climate in Cumbaya is generally mild year-round and the cost of living is affordable for those on a fixed income. While the city does not have its own public transport system, buses run frequently from Quito and travel time is usually no longer than 30 minutes. In addition, there are a range of lifestyle amenities on offer in Cumbaya, such as supermarkets, shopping centres, and medical facilities. As with the rest of Ecuador, expats should also be aware that Spanish is the official language and it is expected that retirees should at least make an effort to learn some of it before relocating.

GeoBlue
Get Quote

GeoBlue is a trusted leader in international health insurance. Wherever your destination, GeoBlue can keep you and your family covered with the right health insurance. Get a GeoBlue Quote Today!

GeoBlue

GeoBlue is a trusted leader in international health insurance. Wherever your destination, GeoBlue can keep you and your family covered with the right health insurance. Get a GeoBlue Quote Today!
Get Quote