SabrinaFair
7/22/2020 14:08 EST
looking to move to Cuenca.
(Aiming for the retiree visa).
I want to purchase a condo.
Is it wiser to wait till I have received my permanent visa? or can I buy with a temporary visa?
Thanks,
Sabrina
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kmarch
7/22/2020 15:38 EST
You don't need any Visa to purchase a property. The only advantage to waiting would be if you are over 65 - If you have a Cedula - you can apply for the significant discount on real estate taxes that are already super stupid crazy cheap. Like just as an example - on a $200,000 Condo - your taxes could be reduced from $200 per year to $6 or less.
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SabrinaFair
7/22/2020 17:15 EST
thanks,
i was just nervous that if for some reason my permanent residency is denied, i'd get kicked out, and lose my property
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EARLABS
7/22/2020 17:45 EST
Best to consult a professional as the visa requirements and regulations change often and without notice Sara Chaka is great and no cost for first consult https://www.ecuadorvisas.com/ good luck
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EARLABS
7/22/2020 18:41 EST
There is more than one visa option if you purchase property as well she can discuss all your options with you.
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GringoinQuito
7/23/2020 06:43 EST
Yep. Screw the poor Ecuadorians by saving $194 on your property taxes. Gringo greed.
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kmarch
7/23/2020 10:43 EST
GringoinQuito - You also have the option of making a direct contribution to the Ecuador Treasury of Three Million Dollars (or more) if you so choose. Ken March
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windshadow
7/23/2020 11:41 EST
Kmarch, and that is the reduced amount! (:
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windshadow
7/23/2020 11:46 EST
Kmarch, Did you make it to Spain? I might add that the new $3 million contribution dropped effective June 1 from $4 million. The government already credited my Copera account so we will all be aligned. It is still and extra $3.50 for the Cedula.
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kmarch
7/23/2020 12:41 EST
WindShadow - Yes - Less than $6 in real estate taxes is the reduced amount.. Ken March
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JoeJarhead
7/23/2020 18:08 EST
It isn't greed, it's a legitimate resource and courtesy extended to those over 65. It isn't like the Ecuador economy is going to go down the tubes over $150. Besides, the Ecuador business model appears to be "charge the Gringos more than the locals" anyway. It's available, it's legal, it's offered. I would take advantage of it as well.
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JoeJarhead
7/23/2020 20:45 EST
It isn't greed, it's a legitimate resource and courtesy extended to those over 65. It isn't like the Ecuador economy is going to go down the tubes over $150. Besides, the Ecuador business model appears to be "charge the Gringos more than the locals" anyway. It's available, it's legal, it's offered. I would take advantage of it as well.
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kmarch
7/23/2020 20:45 EST
Thank you Joe for your rational and reasonable comments. Ken March
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windshadow
7/23/2020 22:58 EST
Kmarch, Have a great time for all of us stuck here.'
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GringoinQuito
7/24/2020 06:42 EST
Yeah I know. Think of this. Ecuador is seriously in debt. Teachers havent been paid.The oil industry is bad, tourism gone.The Corona Virus might have put the last nail in the coffin.So youre living here taking advantage of money that was meant for poor ecuadorian seniors, who may gat $50 to %1oo pert month in benefits. That is who theses breaks were made for, not for Gringos who dont have to worry where the next meal is coming fro. How can yo be so callous? Pay the full amount of taxes, dont suck up the IVA rebates, pay the full fare on the bus and the electricity bill.. Have a heart. I recently heard that the govt is going to allow these breaks for citizens only. Good!
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parrotsrest
7/24/2020 09:17 EST
these are the laws, they are part of the reason many expats came to Ecuador. If you want to make a charitable contribution, because you feel you are taking advantage of the Ecuadorian people you are free to do so. Like the immigration laws in the states, enforce them or change them. Personally, an extra dollar tip to a person on a vegetable cart or a taxi driver makes me feel a little better.
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EARLABS
7/24/2020 09:30 EST
TOTALLY AGREE WELL SAID!!! So many gringos take advantage of the discounts that are offered to poor Ecuadorians. PAY OUR SHARE! Most of us don"t have to worry where our next meal is coming from like so many Ecuadorians do!
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kmarch
7/24/2020 11:05 EST
The way I see this argument about taking those Tercera Edad benefits is that it's part of the way the system works in Ecuador and any benefits we've gained, we've returned to the community at least three times over. I won't count the ways for you - I believe more in random acts of kindness - or "when you see a need fill it". If you are short on available funds, there are tons of volunteer opportunities for certain. But just know that we have done our part in helping Ecuador, Cuenca, and any other place we've lived our lives doing our best not to live our lives like it's our last day on earth, but living our lives like today is our last opportunity to leave this planet in better shape than we found it. (You'll be also happy to hear, this will be my last comment on this thread.) Ken March
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remoore2001
7/24/2020 18:33 EST
Going Gringo. I might catch hell, but I agree with you 100%. These discounts should be only for the citizens who have paid there dues for all there lives. I just can't understand why someone who has done little or nothing for the country should be rewarded just for living to 65 yrs. Usually the same people who gripe because immigrants in the US get benefits
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remoore2001
7/24/2020 18:36 EST
Thankyou Kmarch for this being your last post. I think you think way to much of what you have done for the country of Ecuador
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SabrinaFair
7/26/2020 17:37 EST
thank you.
i assume you used her and got favorable results. thanks
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kmarch
7/27/2020 12:19 EST
remoore2001 - - - -
"Judge Not Lest Ye Be Judged" - - - Matthew 7::1 - - -
"Give Until You Can Give No More" - - Congressman John Lewis - - - - (I know I promised no more posts on this thread - - - but don't use that as an excuse to attack me while hiding behind your sockpuppet identity.) - - - - Ken March
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remoore2001
7/27/2020 18:25 EST
Oh you poor baby. I hurt your feelings. Get a life man. You are one of those who really think that you are a gift to mankind. And by the way, I'm an atheist. So the bible stuff means nothing. Maybe your head will get a little smaller in Spain, because it's swollen beyond all belief here
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windshadow
7/27/2020 20:45 EST
Kmarch, You are the type that has to have the last word, even if you are full of it. Give it a break. Leave.... and take a mask with you.
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kmarch
7/28/2020 02:39 EST
windshadow - - - - - Did somebody say "Last Word" ? = = = Ha! - You're killin' me! - - - while too hiding behind your sockpuppet identity. - - - - Give it a Break.
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remoore2001
7/28/2020 15:15 EST
And the Kmarch mouth just keeps on running. And quit talking bad about sock puppets
Ron Moore
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user001
7/29/2020 09:34 EST
guys I think you should get a room then can continue this little lovers tiff in private
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