Friday, October 2, 2009

10 Tips to live in Ecuador

My 10 tips for Living in Ecuador
1) Don't be a Dreamer. Keep both feet planted and your eyes wide open (not: "Eyes Wide Shut)
2) Don't spend like crazy. Save your money. Don't invest in land if it's too good to be true.....
3) Choose a nice area to live in. Talk to the people in the neighborhood, smile, wink and nod. But never say I have this and that.
4) Be kind and Humble
5) Keep to yourself in the beginning. Remember you will always be observed due to the simple fact that you are a foreighner.
6) Maintain your money in a U.S. bank. Open an acct in an Ecuadorean bank but just enough to have "escape" cash for you and your family. You have heard of keeping your cash under your mattress this is not a bad idea in Latin America. Things can change quick and not always for the best.
7) Never burn your bridges in the U.S.. If possible leave your home rented for a few years or sell it and downsize your potential residence here in the U.S. Sell your big house and buy a 1 bedroom condo or a small house and maintain it for a few years.
8) Legal papers. Make sure everything is in order. Get your residency , Ecuadorean Drivers License anything where you may need a Lawyer use one. Get everything notarized and have your lawyer verify everything. If you are going to buy a car, land, house etc. check it out first.
9) Schools. Choose the correct school. I taught English at various schools and the inmates run the assylum. These schools are privately owned and the "students" pay $400 a month in tuition so the owner being a good businessman will protect his investment.
10) Have fun. See the country little by little. Always travel in the daytime and use common sense.
Read more article at Expat Exchange

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