Where should I setup a bank account in Puerto Cayo?

"Before retiring in Puerto Cayo, expats should know that the cost of living is significantly lower than in many Western countries, making it an attractive option for retirees. The official language is Spanish, so learning the language will make daily life and integration easier. The healthcare system in Ecuador is quite good, but it's advisable to have a comprehensive health insurance plan. Puerto Cayo is a small fishing village, so it offers a slower pace of life which can be a significant change for those from bustling cities. The climate is tropical and the weather is warm year-round, which can be a big draw for those tired of cold winters. The local cuisine is seafood-based due to its coastal location, so it's a paradise for seafood lovers. It's important to know that the infrastructure might not be as developed as in your home country, this includes roads, internet connectivity, and electricity stability. Ecuador uses the US dollar as its official currency, which can make financial transitions easier for American retirees. It's also important to understand the visa and residency requirements in Ecuador, as you will need to apply for a retirement visa to stay long-term. Lastly, while Ecuador is generally safe, like any place, it has crime. Therefore, it's important to take general safety precautions, like not displaying signs of wealth and avoiding certain areas after dark," wrote a member who made the move to Puerto Cayo, Ecuador.

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Traveling Mailbox

Traveling Mailbox serves thousands of travelers, expats, digital nomads, businesses, individuals and others in over 47 Countries by scanning their postal mail so they can view it online anywhere in the world. They provide customer service 7 days a week so if you need assistance, it is just a phone call away. Traveling Mailbox works with Evernote, Bill.com and Dropbox. And, there are Traveling Mailbox apps available for iOS and Android devices.
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