Olon, Ecuador
Last updated on Jul 11, 2023
Summary: Expats, digital nomads and retirees discuss what it is like to live in Olon, Ecuador: Cost of living, Finding a home, Meeting People and more.
What do I need to know about living in Olon?
When we asked people what advice they would give someone preparing to move to Olon, they said:
"Expats considering retirement in Olon should be aware of several key factors. Firstly, the cost of living in Olon is relatively low compared to many Western countries, making it an attractive option for retirees. However, it's important to understand that this lower cost of living comes with a different standard of living. Healthcare in Ecuador is generally good, but it may not be up to the standards that some expats are used to. It's recommended to have a comprehensive health insurance plan that covers medical treatment in Ecuador. The official language in Ecuador is Spanish, so it would be beneficial to learn the language or at least basic phrases. English is not widely spoken outside of the major cities. The climate in Olon is tropical and humid, with a rainy season from December to May. It's important to consider how well you can adapt to this type of climate. Ecuador uses the US dollar as its official currency, which can make financial transitions easier for American retirees. Ecuador's visa requirements for retirees are fairly straightforward. The most common type of visa for retirees is the pensioner visa, which requires proof of a stable income. Olon is a small town with a laid-back lifestyle. It's important to consider whether this slower pace and smaller community is what you're looking for in a retirement destination. Finally, while Ecuador is generally safe, there are still issues with crime. It's important to take standard safety precautions, such as not displaying wealth openly and being aware of your surroundings," wrote one member in Olon.
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Allianz Care's plans ensure that you have access to quality healthcare whenever you need it. Our flexible solutions allow you to tailor your cover to meet your needs and budget. You can submit your claims digitally and our helpline is available 24/7 to help you anytime.
Allianz Care's plans ensure that you have access to quality healthcare whenever you need it. Our flexible solutions allow you to tailor your cover to meet your needs and budget. You can submit your claims digitally and our helpline is available 24/7 to help you anytime.
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What do I need to know before moving to Olon?
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About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.