Menu

Free 200+ Page eBook

Top 57 Places to Live & Invest in the Tropics

Quickly find out which country is right for you.
No-hype updates & resource guides. No Spam. Ever.
Limited offer. Instant Download.

Join More than 58,187 people who are breaking free


we value your privacy

6 Things That Make Ecuador Affordable

Affordable Cuenca, Ecuador

Affordable Cuenca, Ecuador

Thinking about making the move abroad and wondering where is the best location for a soon-to-be expat? Your answer might just be Ecuador, the newest hot spot destination for retirees and expats wanting the good life without the financial stress.

Ecuador is the world’s best place to retire overseas on a retirement budget. Here you can live better than you do in the U.S. for less money. The cost of living is low, and the cost of real estate is one of the lowest for Latin America. With monthly estimated living expenses ranging from $900 to $1,400, Ecuador surpasses Panama, Mexico, and Costa Rica.

1. Real Estate in Ecuador Is Affordable

If you want to call Ecuador home for good, the process of buying a house is straightforward. Real estate prices are still relatively low. Some expats find it is still possible to build new residential construction for under $100 per square foot. But remember, this is local construction… cement or red clay brick. There is almost no wood construction in Ecuador.

2. Getting Around Ecuador Is Cheap and Easy

Most expats find getting around Ecuador easy; most choose to ditch their cars and use public transportation or walk. Ecuador also has a good mass transit system. Quito, the nation’s capital, is well-equipped with buses and taxis, most of which are constantly available and cost an average of $1.00 per hour of travel.

3. Ecuador Offers Great Health Care

Most expats are pleasantly surprised with the medical system in Ecuador, especially the quality of care. Medical costs are one-tenth of what they are in the States and the hospitals are state-of-the-art and offer many healthcare options for expats.

4. Latin American Cuisine at Its Best

So how’s the food? One would be hard-pressed to go hungry in Ecuador for lack of options. In Quito and Guyaquil, you can get any type of food in the world; while outside of the city, local fruits and vegetables are in abundance along with chicken and pork. As one moves closer to the shore, the cuisine varies slightly. The same fresh fruit and vegetables are complemented by a huge variety of fresh fish.

Ecuador's affordable Cuisine

5. American Culture

As much as an expat retiree may want to get away from it all, a little homesickness is inevitable from time to time. Ecuador’s English-speaking expats along with other English-speaking people and American franchises, is enough to ward off homesickness should it arise. Cuenca is a popular mountain town, which now has a few thousand English-speaking expats living there.

6. Ecuador’s Currency Is the U.S. Dollar

One thing to remember about Ecuador is that this country uses the U.S. dollar. For an American expat, this means it’s easier to understand what things really cost; it’s easier to keep track of your spending; and, very important, you avoid any currency-exchange risk. You may still have local inflation to contend with, but you won’t have to worry about that being compounded when the exchange rate goes against you.

Up Next

Best Place to Live in the World: Power Rankings

The best place to live in the world? Our Power Rankings report will shed some light on how the Latin Tropics stack up against the competition. (Read It)

Central America's Best Real Estate Buy

Don't miss this up and commer. It has the tropical lifestyle, stunning beauty, and smokin appreciation potential. (Read It)

Start Using Your IRA to Invest Overseas

Disappointed in your IRAs past performance? Find out how you can invest in real estate to improve your returns and better your retirement prospects. (Read It)
Costa Rica phrases

Don't Move to Costa Rica Without Learning These 15 Phrases

If you're planning on becoming an expat in Costa Rica, it would probably be a good idea to learn a little bit of Spanish before you go. It isn't necessary to be fluent in the …

(Read It)
international real estate

The Real Reason Your Broker Isn't Recommending International Real Estate

The investment and securities industry can be a complicated thing for most people to understand. As a result, many depend on the services of a licensed broker or financial advisor to help them navigate the many …

(Read It)
buy an island

Buying a Deserted Island? Here's How to Not Get Stranded.

If you've spent even five minutes on our site, then you know we're pretty big fans of international real estate as an investment. It's tangible, stable, and even pretty predictable if you've been doing this …

(Read It)
tropical rental home

The Surprising Secret to Owning a Rental Home in the Tropics

If you've settled on the place you plan to live in retirement and haven't yet made an offer on your dream home, then what are you waiting for? Not only does owning a home in …

(Read It)
beach-1846183_1920

8 Facts You've Got Wrong About Life in the Latin Tropics

Quick! What are the first five adjectives that come to mind when I tell you to think about the Latin Tropics?All done? What were they? I'm guessing most of them were probably pretty positive. Words like "breathtaking," "eco-diverse," …

(Read It)
expats-thinking-outside-the-box-02

6 Cities Only the Most Adventurous Expats Should Consider

Expats thinking outside the box means finding destinations that can offer a combination of adventure and the challenge of living in a different environment. The Latin Tropics have a number of locations that can offer …

(Read It)

One thought on “6 Things That Make Ecuador Affordable

  1. 1

    did not get notice of you sending my download

Leave a Reply

Your email address will not be published. Required fields are marked *

Hot Real Estate Offer

Real Estate In The Area

Bahía de Caráquez
Ecuador
At Las Olas Ecuador, our vision is first and foremost to create a warm, friendly active community. The Las Olas community was not created with large multi-milli...
For Sale
2 beds
2 bath
Building Size:1,350 sq.ft.
$172,550
Salinas
Ecuador
Your dream come true! The Alamar is definitely one of the nicest buildings in Salinas! Step into the lobby... you will think you are in a grand hotel! This is a...
3.0 beds
3.5 bath
Building Size:2,002 sq.ft.
$235,000
Salinas
Ecuador
Your dream come true!  The Alamar is definitely one of the nicest buildings in Salinas!  Step into the lobby...you will think you are in a grand hotel!  This is...
3.0 beds
3.5 bath
Building Size:2,002 sq.ft.
$1,200
See All Listings In The Area
Free Tropical Toolkit
Free 200+ Page Report: Top 57 Places to Live & Invest
  • The only book in the world that ranks investment and lifestyle in one place.
  • Over 200 information packed pages with hundreds of beautiful photos.
  • Download the book instantly (for free!) with this limited time offer.
*We value your privacy. No spam. Period.