Expat Advice: Financial Issues in Guayaquil, Ecuador, Ecuador

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

Guayaquil, 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.

It is important for expats to be aware that language barriers may be an issue in Guayaquil, as Spanish is the primary language spoken by locals. Although some parts of the city are relatively safe for expats, it is still important to exercise caution and use common sense when exploring the city. Expats should also consider travelling within Ecuador, as the country boasts an impressive variety of landscapes and vibrant culture. Since Ecuador uses the U.S. dollar as its currency, expats may find it helpful to open a U.S. dollar bank account in the country. Lastly, obtaining the necessary visas and residency permits for Ecuador is essential for expats wanting to retire in this country.

Ecuador Visas - Law office of Attorney Sara Chaca
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With Offices in BOTH Ecuador and the US, Ecuador Visas with Attorney Sara Chaca is the No. 1 Visa Law Firm for Your Move! Specializing in Ecuador Residency Visas plus converting from Temporary to Permanent Residency, Containers, Real Estate Closings, Wills and Estate Planning, Driver Licenses, Opening Businesses & Citizenship!

Click connect to have our partner contact you via e-mail and/or phone.

Ecuador Visas - Law office of Attorney Sara Chaca

With Offices in BOTH Ecuador and the US, Ecuador Visas with Attorney Sara Chaca is the No. 1 Visa Law Firm for Your Move! Specializing in Ecuador Residency Visas plus converting from Temporary to Permanent Residency, Containers, Real Estate Closings, Wills and Estate Planning, Driver Licenses, Opening Businesses & Citizenship!
Connect

Click connect to have our partner contact you via e-mail and/or phone.