Expat Advice: Financial Issues in Quito, Ecuador, Ecuador

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

Quito, 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.

When considering retirement in Quito, expats should become familiar with the cost of living. Expats should also consider researching their visa options and the process of becoming a resident. It is also important to understand the accessibility of healthcare, so expats should research the Ecuadorian healthcare system and whether public and private health insurance options are available. Expats should also become familiar with the language, as Spanish is the main language spoken in Ecuador, and may benefit from taking language lessons. Additionally, expats should consider the safety of their potential neighborhood in Quito, as well as the city’s climate and attractions that they may want to explore.

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