If you are one of the many people who are considering moving to Ecuador as a possible retirement destination then you’ve probably already read up on Ecuador and wondered if all the things you’ve learned are true. Is it really as great as they say? Or as inexpensive?
And what about all the things you haven’t yet learned about Ecuador? Is there any scary information out there that you have yet to discover?
To help you out with your preparation, we’ve rounded up 11 things you need to know before moving to Ecuador. These should give you a good start to getting a better understanding of this popular expat haven.
Malcolm Surgenor
1. You will miss your family.
If you come from a close-knit family and you move to Ecuador, you better believe you will miss your kin. Yes, you can go visit but let’s be realistic. With flights back to the U.S. costing thousands of dollars, taking biannual or even annual trips to the States can add up fast.
2. There are still significant expenses in Ecuador.
Yes, you can save money living in Ecuador, and there are some great Ecuador real estate deals. But take a hard look at the numbers when deciding what you can afford, and always plan for the unexpected. Also remember that prices may vary from location to location, so choosing the right spot is key to making your budget for paradise go even farther.
3. Prepare for culture shock.
Get ready to move out of your comfort zone, immerse yourself in an entirely new culture, a different language, and a different way of looking at life. If you can do this, adjusting to Ecuador will be easier.
We recommend trying it out first. Spend some extended time there before making a final decision. If you can’t do that, then do something else to get in the habit of being out of your comfort zone, anything you can do to “try on” a new adventure.
4. Visit once, and then visit again.
It is a good idea to visit before making the move to Ecuador. As much as possible, in fact. It may sound absurd to think someone would make such a leap without ever setting foot in Ecuador, but trust us. People do it all the time.
Even within the same country there are huge varieties of climate, culture, and lifestyles in Ecuador. So make a trip down and travel around. Find a place you love and stay for a few weeks to get a feel for the way of life.
Knight 725
5. Take a hard look at your stuff.
Should it stay or should it go? This is a heavily debated question among would-be expats. The government will help you out a little, as import taxes can be waived on household goods or work equipment brought into the country by those moving to Ecuador. But is it worth all the other associated expenses and hassle?
This depends on your level of attachment to your personal items. The truth is that most things that can be bought in the U.S. are also available in Ecuador. Will they be of the same quality? Probably not. The answer to whether or not you’re okay with that will help you as you select which items to pack or toss.
6. Get your finances in order.
Start now getting your financial life in order online. No matter where you move in Ecuador, the chances are good that you will still have credit cards or bank accounts or other financial concerns back home. The more of these you can manage electronically, the better.
7. Decide whether you can live without peanut butter.
Any way you slice it Ecuador is going to be different from where you came from. That includes everything from what you can buy at the store to the level of services and amenities you can get. Some people never think of this…until they can’t find their favorite brand of peanut butter or other cherished item from back home.
Take some time to sit down and make a list of everything you use, right down to the brand of crackers you buy, the medicines you take, the favorite foods you eat. Then go back down the list and imagine your life if you couldn’t get each of those items.
Khedara
8. Determine what Ecuador visa you need before you move.
No matter where you move in Ecuador, you will need a residence visa. Planning for your visa before the move to Ecuador might mean a much better visa experience once you get there. Need help determining which visa is right? There are many resources that can help you determine exactly which one is best for you.
9. Yes, brush up on your Spanish.
It is a good idea to learn at least some Spanish before moving to Ecuador. You can get by with just speaking English, but what happens when you are in an emergency situation and cannot communicate? There will definitely be situations where knowing at least a little bit of Spanish could make a big difference.
Another fact you may not have considered is that learning Spanish will increase your self-esteem and help you better assimilate to the new culture when moving to Ecuador. Learning to communicate in Spanish might help you avoid feeling like an outsider in your new environment.
10. Fido and Fluffy can be expats too.
If you are taking your pets when you move to Ecuador, do yourself a favor and learn what will be required for them. They can only enter the country if they’ve received their appropriately timed vaccines, and you’ll need a health certificate signed by your pet’s veterinarian. It’s not exactly a piece of cake to bring your pet to a foreign country, but if you do your homework you’ll find it can be done.
11. Double-check, and then check again.
When preparing to make the move to Ecuador, double-check everything on your list. And then do it again. You’ll undoubtedly be running a bit ragged right before the move to Ecuador. But taking the time to proactively ensure things like your paperwork and finances are in order can save you a lot of headache on the back end.
These 11 tips may not apply to everyone who wants to move to Ecuador. But they’re a great start for anyone who’s considering such an important step. By thoroughly researching and carefully planning, you can take a lot of guesswork out of the process and head more confidently into the exciting new life that awaits you!
Something we at VivaTropical get asked all the time is “Where is the best place to live/invest/retire in the tropics?” And the answer to that is…we don’t know.
I mean, we know a LOT of really great places down here. We just don’t know the one that’s best for YOU.
So, while we can’t tell you exactly where you should move or retire to, we can give you a lot of really great options. In fact, we recently did just that when we listed the “Top 57 Places to Live and Invest in the Tropics.”
It’s a free download of over 200 pages of facts and amazing photos detailing what we think are the best overall places to live your life, invest your money, or both.
It’s based on a lot of different factors, such as the cost of living, quality of life, and real estate outlook for each area. I suggest you check out the whole ebook, or at least the places that interest you in the table of contents.
Meanwhile, here are our top three picks, as well as a few others that we think are great up-and-coming destinations.
#1 Nosara, Costa Rica
Nosara, Costa Rica is the perfect example of development done right. When the town was first established in the 1970s, the developer had a master plan to make it a top notch destination, and the residents have carried it out for decades. Most notably, the beach remains free of any high-rises to block the incredible sunsets.
Nosara has top-notch surfing, first-world amenities, and modern conveniences you won’t find elsewhere. Yet it’s not overcrowded or touristy. It’s clean, healthy, safe, and has great schools, making it ideal for young families. And did I mention that it’s breathtakingly beautiful?
Mihai
#2 Cuenca, Ecuador
One thing that attracts a lot of people to Ecuador is its affordable cost of living, but that’s far from being the main reason you should consider Cuenca. While it is less expensive than many expat destinations, it delivers big on amenities, culture, and community.
The best of both worlds, Cuenca offers big city conveniences in a quaint little small-town atmosphere. Its architecture is striking, and it’s rich in history. The town’s many colleges and language schools make it a virtual melting pot of unique people and ideas.
Dark Times Press
#3 Boquete, Panama
One of the neat things about Panama is its incredible infrastructure. And you won’t find many places in Central America as well developed as this expat haven. Decades of North American influence have paved the way for a first-world experience for expats living in Boquete.
But before you think it sounds too much like the U.S., consider the incredible nature that surrounds you in Boquete. Known as the “Valley of Flowers,” the hillsides around the town boast orchids and coffee farms. The rivers offer world-class whitewater rafting. And the rainforests are home to a variety of birds and other wildlife.
Some Honorable Mentions
photo by VivaTropical
#8 Boca Chica, Panama
Though it’s still relatively unknown, or more likely BECAUSE it’s so unknown, this destination scores off the charts on our Real Estate Prediction Meter. This coastal town and its 50+ islands in the Gulf of Chiriqui deliver all the things people love about ocean adventure and island living, but at a fraction of the cost.
As it becomes more and more accessible, we think this area is really going to take off. Its close proximity to David, plus new roads and a newly expanded airport mean big appreciation for real estate investors in Boca Chica.
#13 Dominical, Costa Rica
Costa Rica is truly an amazing place to visit or live. And Dominical has the best of everything this country has to offer. From the unparalleled surfing to the breathtaking panoramic views, this is one place not to be missed.
The town is really growing, but not in a manner that takes away from its natural beauty or the whole idea of what the place is really about. The incredible opportunities to experience nature, plus the renewed interest in the area make it a great option for expats and investors.
You can find out more about these and the other 52 destinations that made our list by downloading our ebook. Take a look! Which one of the top 57 places to live and invest is right for you?
Did you know there are dozens and dozens of great resources on Ecuador for expats and investors? We gave you an extensive list on Costa Rica and Panama so let’s do that again with Ecuador!
Sure we have a ton of resources for Ecuador here on our site, and a whole bunch of Ecuador property for sale, but that doesn’t mean that there aren’t other really good ones out there!
Check out our list of the top Ecuador websites! c
Dan Lipinski
Blogs About the Ecuador Lifestyle
Most of these Ecuador blogs are written by expats. From them, you’ll get a great perspective about life in Ecuador.
You’ll notice you get a bit of a different viewpoint from each blogger, which is great.
Use them to find out if Ecuador is the right fit for you!
- South of Zero – This blog is all about making the move to Ecuador, what you need to know, and a few things you had no idea you needed to know.
- Day in Quito – All about expat life in Quito.
- Pro Ecuador – An insider’s guide to moving to Ecuador.
- Living and Retiring in Ecuador – In June of 2010 these bloggers sold off everything and moved to Cuenca, Ecuador with only four suitcases.
- Baños Ecuador – All about Baños in one spot!
- Life in Ecuador – Tips for having a long-term or short term-life in Ecuador.
- Cuenca High Life – This is really a must-visit blog for those interested in life in Cuenca, Ecuador.
- Conquistador in Ecuador – How to make your move to Ecuador.
- Ecuador George – Interesting information for those making the move to Cuenca.
- The Ecuador Gringo – Life in Ecuador from the perspective of a dude who’s been traveling for 11 years.
- Nancy and Chuck Retire in Ecuador – They went to visit Ecuador, fell in love with Cuenca, and decided to relocate there.
- Cuenca Perspectives by Jim – Follow Jim and learn why he chose to settle in Cuenca.
- Gerry Goes to Ecuador – A retired orchestra teacher and cellist who wants to move to Ecuador full time.
- EcuaAssist – Moving to Ecuador? What you need to know.
- Destination Ecuador – A family perspective of moving to and living in Ecuador.
- Discover Quito Ecuador – They live in Cuenca, but love Quito and want you to as well.
- Cuenca Residency – All about Cuenca, Ecuador for those considering a move to the Andes.
- Cotacachi Living – Get the native expat perspective on what life is like in the Ecuadorian Andes town of Cotacachi.
- My Quito – A visitor’s guide to Ecuador – travel, tourism, and accommodations.
- Your Escape to Ecuador – Those looking for information on making the transition to life in Ecuador.
- Living in Ecuador – Resources for those wanting to make the move to Ecuador, including real estate offerings.
- Ecuador Explorer – The 411 on all things Ecuador, a great resource for those unfamiliar with Ecuador’s offerings.
- Pro-Ecuador – An insider’s guide to living in Ecuador.
- Ecuador Expat Bloggers – This site keeps track of all Ecuador bloggers who are writing about Ecuador.
Lorie
Ecuador Real Estate Websites
Yeah, real estate is our main focus at Viva Tropical. But that doesn’t mean that there aren’t tons of other great Ecuador real estate companies. Below are some of our top picks.
- Ecuador Estates – Properties in Salinas as well as real estate tours.
- Ecuador Property Shelf – Partnership with Ecuador’s top real estate agents to access Ecuador’s top properties.
- Cuenca Properties – Showcases only properties found in Cuenca’s historic center.
- Cuenca Real Estate – Might be the top, one-stop shop for real estate offers in Cuenca.
- Cuenca’s Best Properties – Offering concierge-style real estate services for those looking to rent, lease, or buy in Cuenca.
- Chantal Realty Ecuador – Featuring properties in Cotacachi, Otavalo, and throughout Ecuador.
- Ecuador Home Sales – Specializes in houses, apartments, condominiums, beachfront property, business opportunities, and development projects.
- Abundant Living Ecuador – Abundant Living Ecuador offers a full service real estate and relocation experience.
- Ecuador Beachfront Property – Provides listings from Crucita and most of the Ecuadorian coastal region.
- Real Estate Ecuador – Ecuador Real Estate.
- Ecuadorian Coastal Properties – The premier real estate company in Manta, Ecuador.
Copyright: Romantic Suite Corazón de Chocolate – Luna Runtun, Adventure SPA – Baños – Ecuador. Luna Runtun, All rights reserved 2016. lunaruntun.com
Ecuador Boutique Hotel Sites
You might be surprised to find hotel websites on the list. But the fact is that lots of them are run by expats.
- Cabañas San Isidro – Nestled in the lush subtropical zone of the eastern Andes, Cabañas San Isidro is a well-known cloud forest lodge in Ecuador.
- La Selva Jungle Lodge – Located high on Lake Garzacocha, deep in Ecuador’s Amazon basin, the richest primary forest on earth.
- Urcu Puyujunda Ecological Cabins – Located in Quito, Ecuador, aims to conserve the cloud forest and help the community strive for a better condition of life as its guest enjoy a more authentic experience.
- Mansion del Rio – A lovely boutique hotel in a former colonial residence a short distance from the main square in Guayaquil.
- Mansion Alcazar Boutique Hotel – Sleep in a colonial mansion and UNESCO world heritage hotel in Cuenca.
- Hotel Casa del Aguila – A new, boutique hotel in a beautifully restored center courtyard of a colonial house built in 1802.
- Casa de Campo Tababela Hotel – Boutique hotel located in Tababela, Ecuador. Known for its vast green spaces and natural setting.
- Grand Victoria Boutique Hotel – Loja’s grandest, 5-star boutique hotel.
- Casa Grande Oceanfront Boutique Hotel – This private home converted into a “boutique hotel” is beautifully decorated and very comfortable. Located in Bahía de Caráquez.
- La Casona de la Ronda Heritage Boutique Hotel – Located in the heart of the historic center of Quito. Known as an oasis of tranquility in the heart of a bustling city.
- Anahi Boutique Hotel – A modern hotel with a friendly atmosphere in Quito.
- Hotel Boutique Carvallo – This old mansion has a homey, welcoming feel with multiple common areas. Located in Cuenca.
- Casa El Edén – Found in the heart of Quito’s historic center, Casa El Edén is set in a magnificently restored colonial style building.
- Canoa Beach Hotel – Your place in Canoa where you can take surf lessons, go paragliding, and more.
- Sacha Lodge – Discover the Amazon with a trip to Sacha, Ecuador’s top ecolodge.
- Hosteria La Barquita – An arm’s lengths from Ecuador’s famous “Ruta del Sol” and Machalilla National Parks.
- La Posada del Quinde Hotel in Otavalo – The top-rated hotel in Otavalo according to TripAdvisor. Known for its warm and cozy ambiance.
- Ecuador Boutique Hotels – A complete list of Ecuador’ most unique lodging at small and private hotels, haciendas, and lodges.
And many have valuable information on their websites and blogs. Check them out! Nobody wants to stay in a chain hotel when scouting the tropics.
Sigred Philipsen
Ecuador News Sites
You’ve got to know what is happening in Ecuador. Here are some of the top sites. These are English-only.
- Ecuador News – Stay up-to-date on all things happening in Ecuador.
- Ecuador Times – The latest information about what is happening in Ecuador and its surrounding areas.
- Cuenca HighLife News – Claims to be the largest English website covering all news in Cuenca, Ecuador.
- Today in Ecuador – Ecuador’s news in English by Ecuador’s largest newspaper, Diario Hoy.
- Ecuador Coastal Newsletter – Quick news about Ecuador.
Michel
Ecuador Tourism Sites
Looking for reputable tourism companies? Here’s lots of good info for would-be expats and investors.
- Adventure Life Galapagos Eco-Tours – Offers Galapagos tours on yachts or land-based multi-sport adventures.
- Galapagos Adventure – Pioneers in Galapagos adventure and land-based tours.
- Galapagos Destiny – Programs that typically range from 5 to 10 days and feature top-rated hotels located on the Santa Cruz, San Cristobal, Isabela, and Floreana islands.
- Adventure Life Ecuador Tours – Cultural Ecuador tours offer an authentic guided experience.
- Latin Trails – See, listen, smell, touch, and taste Ecuador. Soft adventures and off-the-beaten-path travel.
- Enchanted Expeditions – Specialists in Galapagos Islands cruises and mainland Ecuador vacations.
- Ecuador Tours by Ecuador Adventure – Operating since 1991 they take travelers to the mountains, rivers, and more.
- Andean Discovery – Customized Ecuadorian tours and travel to the Galapagos Islands.
- Bertini Tours – A wide selection of tours to the Galapagos Islands and mainland Ecuador. Specializes in mini tours.
- Columbus Ecuador Tours – One of the highest rated tour operators in Ecuador.
- Scuba Iguana – Offers scuba diving cruises, courses, and expeditions in the Galapagos Islands.
- Imagine Ecuador – Offers eco-tours to off-the-trail spots in Ecuador.
- TerraDiversa – Here you will find all the “Must-Do Tours” of Ecuador.
artur
Ecuador General Info Sites
Go to these top picks first.
- Ecuador Articles and Research by Viva Tropical – We’ve written dozens of articles and guides about investing and living in Ecuador. So of course we are going to add them to our list. Give them a look. We are certain there isn’t much about Ecuador that you won’t find on those pages.
- Get Quito Ecuador – The complete source for all things about, in, and around Quito, Ecuador.
- All You Need Is Ecuador – Ecuador’s official travel and tourism site.
- Ecuador Travel blog – Ecuador’s official travel blog. In both Spanish and English.
- Ecuador.com – Great resource on Ecuador and activities available.
- Quito.com – Essential for anyone thinking about visiting or living in Quito.
- Ecuador.US – Great wealth of information on all things Ecuador. Geared more toward travel.
- This Is Ecuador – Billed as the most complete guide to Ecuador.
- Ecuador at Your Service – Ecuador at-a-glance. Geared to those thinking of relocating to Ecuador.
- The Best of Ecuador -An Ecuador travel guide and business directory.
Did we miss your site?
If you have a great site about Ecuador and think it should be on this list, give us a shout, and we’ll review it for you!
Jesse Thomas of Abundant Living Ecuador and I discuss the reasons to move to Ecuador. We talk about both the negatives and positives of living and working in South America. And explore why he chose to call the mountains home instead of the beach.
The podcast is investor-oriented, but we also cover life in Ecuador and that should appeal to anyone considering this diverse country. I also get Jesse to confess if he has tried the Ecuadorian mountain treat, Guinea Pig. Enjoy the show.
Listen to the show
You can listen to the show using the player above or grab it and listen on the go via one of the following options:
- Click here to download the mp3
- Click here to subscribe via iTunes
- Click here for the RSS feed (non iTunes)
- Click here for the show archive
Show Notes
Get to know Jesse better here.
React to the Show
We appreciate your reaction to episodes of Viva Tropical Radio and feedback about how we’re doing. Send us your thoughts any time in an email or comment below.
Canoa, Ecuador is not the first place expats might consider when thinking of a tropical destination. However, this beachfront community is poised to become part of Ecuador’s “Gold Coast” along with the neighboring villages of San Clemente, Bahia, Manta, and Crucita.
With the longest stretch of beach in Ecuador (17 km), this rustic fishing village is an ideal location for intrepid investors seeking to get in on a ground floor opportunity. With lots available at very reasonable prices, there is a strong potential for growing your investment dollars.
Elkin Sulvará
The One Thing That You Must Understand About Canoa Ecuador
For those who are considering adopting the expat lifestyle for the first time, Canoa, Ecuador may seem a bit out of the way. Yet it is important to understand that the potential of this small community is nearly limitless both in terms of living there as well as developing a profitable investment base.
There are a number of reasons why Canoa’s prospects are so bright. Some of the highlights can be found below:
The Laid-Back Atmosphere Is a Value-Added Feature
One of the major elements that contributes to Canoa’s potential is the relaxed lifestyle. This is the vibe that one would expect from a beach community where the “endless summer” is always being pursued by lovers of ocean sports.
While there are tourists, the area is not overwhelmed by them. Retirees and others who want a more serene existence will find such an atmosphere easy to come by. Additionally, developers seeking to build investment properties will find a residential market waiting to be established.
Remote But Still Connected
Canoa, Ecuador does not have the infrastructure of some of the larger communities of Manabi Province. That being said, access to the larger towns of San Vicente and Bahia requires no more than a short bus ride.
With the same shopping options, banking facilities, and other services normally found only in larger population centers, Canoa is well connected to the rest of the country, while retaining all the benefits of its more remote location. For those needing the 24/7/365 connectivity of the internet, many of the hotels and hostels in Canoa do have access to the web.
Finding the “Perfect Wave” Is Still Easy
The adrenaline-fueled sports of surfing, paragliding, stand up paddleboarding, and kite surfing have all become popular pursuits in Canoa. Enthusiasts (amateur and experienced) seeking to find a less crowded destination to sharpen their skills have made this Ecuadorian fishing village a popular location. For entrepreneurs seeking to find investment potential, this ready-made market holds great promise.
Building Paradise Is Less Expensive
One of the key aspects that adds to the potential of Canoa, Ecuador is the lower cost of materials and labor. Being able to construct and develop property at a lower cost is another enhancement that makes Canoa a prime location for growth.
You Aren’t Alone
As more and more foreign visitors discover the beauty of Canoa, the English-speaking expat population continues to grow. For those who are not comfortable with a new language, having neighbors who speak English can make the transition to life in this fishing village much more comfortable.
The Tax Burden Doesn’t Loom As Large
One of best features about owning property in Ecuador is the extremely low property tax rate. Assessed between 0.025% and 0.5%, it is rare to pay more than $400 per year.
Another benefit is that those over 65 are only required to pay half of the tax assessed; this certainly is an important benefit for retirees who are living on fixed incomes. When combined with affordable prices, a great beachfront location, and a laid-back lifestyle, it is easy to understand the potential waiting in Canoa Ecuador for those adventurous enough to seek it out.
Canoavilla
Building Your Tropical Dream in Canoa, Ecuador
Finding affordable land in Canoa is an easy proposition. There are a number of parcels, with attractive views of the ocean, that an adventurer could turn into his or her own tropical oasis. Here are some prime examples of what’s currently available:
Canoa Beachfront Lot. For $90,000 you can purchase a beachfront lot that’s located close to town but still quiet and unassuming. It’s ready to build on and could be the perfect place to establish the tropical destination of your dreams.
Beachfront with Income Potential. Also available are twin 1,000 square meter beachfront lots that could easily be used to build four mini casitas. With only an $80,000 initial investment, buyers could have the opportunity to to live in paradise, while having rental income from the other three units. This is a rare opportunity that should not be overlooked.
One Important Consideration
Ecuador has designated the land within 50 km of the national borders and coastlines as National Security Areas. As a result development in these zones is prohibited.
With Canoa being located on the beach, obtaining the services of an experienced real estate attorney can help you ascertain the legal status of any property before committing time and money to the project. This due diligence on the front end will certainly save you a tremendous amount of headaches in the long run.
paradiseintheworld
Summing Up
For those just beginning to explore Canoa, Ecuador as a potential destination, understanding the scope of the possibilities that exists is a necessity. The best way to identify this potential? Go there, walk on the sands, and envision yourself as a part of the growth of what promises to be the next Pacific “Gold Coast.” There is no time like the present to begin the journey.
Perhaps the most important question for expats considering a move to Latin America is: What is the cost of living? The differences in prices for basics, such as food, utilities, and rent, can often be the determining factor in choosing one location over another.
By comparing the cost of living of three of the most popular Latin American destinations – Costa Rica, Panama, and Ecuador – you can get a better understanding of the budget needed to make your tropical dream a reality. Learning about these (and other) popular destinations is a great way to begin the search for that perfect piece of tropical paradise.
Super0923
What Goes into Figuring the Cost of Living
There are a lot of factors that can be included when calculating how much it would cost to live in one place as compared to another. Looking at the big picture is one way to get an idea of the comparative pluses and minuses of each location.
Below is a chart that compares prices and consumer spending power (on a macro level) between Costa Rica, Panama, and Ecuador:
| Ecuador | Costa Rica | Panama |
| Rent Prices are 59.25% lower than in Panama | Rent Prices are 86.62% lower than in Panama | Rent Prices are 59.25% higher than in Ecuador |
| Consumer Prices are 17.89% lower than in Panama | Consumer Prices are 9.65% higher than in Panama | Consumer Prices are 17.89% higher than in Ecuador |
| Grocery Prices are 23.82% lower than in Panama | Grocery Prices are 5.78% higher than in Panama | Grocery Prices are 23.82% higher than in Ecuador |
| Local Purchasing Power is 20.15% lower than in Panama | Local Purchasing Power is 19.03% higher than in Panama | Local Purchasing Power is 20.15% higher than in Ecuador |
Information Source is Numbeo.com as of May 2015
As can be seen, each country has positives and negatives in terms of the cost of living. Ecuador has the lowest rent, Costa Rica has the highest local purchasing power, and Panama occupies the middle ground on most categories.
This is also a direct reflection of the stage where each of the three countries find themselves in terms of growth. Costa Rica has the most developed market in terms of expats, Panama is in the middle of a growth spurt, and Ecuador is just now emerging as an expat hotspot.
sitzmansitzman
Looking at Specific Items That Go into the Cost of Living
To better explain how these percentages impact expat budgets, it helps to look at the actual dollar amount that such things as food, housing, and transportation cost in these three countries. This comparison appears in the chart below:
| SAMPLE GROCERY ITEMS | Costa Rica | Ecuador | Panama |
| Milk (regular), (1 liter) | $1.40 | $1.06 | $1.47 |
| Loaf of Fresh White Bread (500g) | $1.61 | $1.45 | $2.06 |
| Rice (white), (1kg) | $2.14 | $1.41 | $1.48 |
| Eggs (12) | $2.83 | $1.81 | $2.17 |
| Local Cheese (1kg) | $6.35 | $4.76 | $7.73 |
| Chicken Breasts (Boneless, Skinless), (1kg) | $6.97 | $5.94 | $7.15 |
| UTILITIES | |||
| Basic (Electricity, Heating, Water, Garbage) for 85m2 Apartment | $70.65 | $44.13 | $69.84 |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) | $ 0.07 | $ 0.17 | $ 0.14 |
| Internet (6 Mbps, Unlimited Data, Cable/ADSL) | $53.16 | $44.07 | $41.99 |
| TRANSPORTATION | |||
| Gaosline (1 Liter) | $1.34 | $0.50 | $0.90 |
| Volkwagen Golf 1.4 90 KW Trendline (or similar new vehicle) | $22,569.12 | $25,000.00 | $19,500.00 |
| RENT PER MONTH | |||
| Apartment (3 bedrooms) in City Centre | $833.13 | $661.34 | $1,780.77 |
| Apartment (3 bedrooms) Outside of Centre | $654.21 | $524.29 | $ 967.86 |
| Information Obtained from Numeo.com as of May 2015 |
Again, the differences reflected in the cost of certain items mirrors each country’s particular characteristics. Panama, long recognized as the commercial hub of Latin America, benefits from the ready access to imports in the form of lower prices for cars and gasoline. Both Costa Rica and Ecuador have significantly lower rental costs than Panama; the modern wonder that is Panama City is a prime example of this disparity.
Interestingly, the food items selected for comparison are all roughly the same in cost across the three countries. The accessibility of locally grown produce and meat can further reduce the food budget across the board.
Mauge
What Does It All Mean?
Panama, Ecuador, and Costa Rica each have unique qualities that have made them three of the top locations for foreign investors, expats seeking a new or different lifestyle, and retirees looking for that tropical paradise. Depending on where you live, the cost of living may be higher or lower than these examples.
If a more rustic lifestyle is the preferred choice, the amount spent will be lower; conversely, for those seeking a luxury residential location with modern amenities, the cost will obviously be higher. In any event, what one would spend for these items in the U.S. is going to be different than in any Latin American location.
Ultimately, the question that has to be answered is a simple one: Does this place (Panama, Costa Rica, Ecuador, or elsewhere) call to you? Being realistic about your own monetary resources is another important facet in the expat process.
Learning about each country by connecting with others who have made this leap of faith, and, hopefully, visiting those places that appeal to you, is the best way to put everything into context. You can then measure the cost of living in the context of the cost of making a dream come true.
The continuing growth in popularity that Cuenca, Ecuador is enjoying comes as no surprise to expats and investors who have made the decision to become part of this thriving Andean Highlands town. The combination of a great climate, an established expat presence, and property values that are still reasonable are all reasons many prospective expats love Cuenca and why it promises to be a magnet for relocation, retirement, and investment potential for years to come.
Keeping a balance between having the amenities of a major metropolitan community while maintaining the rich, cultural heritage of the region, is an important value-added element to Cuenca’s real estate market. Taking a look at properties, both in the city center and the outlying area, is a good way to get an understanding of what Cuenca may hold for your long-term living and investment plans.
M&MdelEcuador
So Many Reasons to Love Cuenca
There are many reasons to love Cuenca. Discovering and experiencing them firsthand will only add to the allure that has made this vibrant Ecuadorian destination figure so prominently in the future plans of those seeking to live and invest in Latin America.
Awesome Weather
When most people hear the word “tropical,” the first impression concerning the climate is, generally, hot and humid. Cuenca’s weather is a far cry from that stereotypical image. The moderate daytime temperatures average in the high 60s to low 70s, while the nights offer great sleeping weather in the 40s and low 50s. It’s a good idea to have a sweatshirt or jacket available for those evening strolls and early morning walks.
This Andean highlands climate translates into savings on electricity (not needing the air conditioner as often) which in turn makes life more affordable, an important feature for retirees on fixed incomes. Additionally the lower humidity and lower dew points of the region are much more tolerable than humid, tropical locations for those with chronic sinus issues.
A Symbiotic Blend of History and Modern Amenities
Another reason that investors and expats love Cuenca is the unique blend of a historical and cultural setting that comes complete with modern amenities. The clean streets, functioning utilities, access to cable television and high speed internet service mesh perfectly with the colonial buildings, (the city center is a UNESCO World Heritage Site) the vibrant atmosphere of a college town (there are several institutions in Cuenca), and a growing artistic scene.
What makes all of this even more special is the fact that Cuenca is a distance away from the major commercial centers of Guayaquil and Quito. As a result, the area is not burdened with the frenetic pace of a major urban center yet still has all of the infrastructure advantages of those larger communities.
Henry Vélez
A True Sense of Community
Of all the reasons to love Cuenca, one of the most important is having a true sense of belonging to the community. Cuenca is very English-friendly which greatly reduces the trepidation potential expats may have about moving to a country where English is, generally, not the principal language.
The ever-increasing numbers of expats who live there make transitioning to life in Cuenca much easier than other locations. Being able to have contact with those who have already “learned the ropes” is a great way to become part of a significant population group.
An important aspect of the number of foreigners living and investing in Cuenca has been the increasing amount of expat-friendly businesses that cater to these new transplants to highlands life. A new arrival can easily find merchants, restaurants, and entertainment venues where English is spoken as frequently as Spanish.
Great Real Estate Investment Potential
Cuenca’s growing expat community is one of the major financial engines driving the strong return on investment dollars. Here are some prime examples of what is on the market:
- Farm 39 acres / 16 Hectares. For investment and development potential, this 39.5 acre farm located just 13 miles from the heart of Cuenca is a perfect location for residential development. The pasture area, which has good interior roads, ready-to-use building pads, access to electricity, and other basic infrastructure elements is roughly 11 acres in area. The remaining 28 acres is highlands forest; being able to have the natural beauty of the region as a backdrop for homes, and close to the city, makes this an opportunity meriting serious consideration for an incredible price of $160,000.
- Beautiful house in Balzay, Cuenca. Located within walking distance of the Old Cathedral, in the heart of Cuenca, this unique property actually is comprised of two buildings. With 6+ bedrooms and bathrooms total, there is more than sufficient space for a large family. The separate suite, complete with its own kitchen, bedroom, dressing room, and bathroom, is independent from the rest of the house and can only be accessed through the garage. This arrangement makes for a great rental potential even while the property is being used as a retirement or expat home with an unbeatable asking price of $368,000.
- 4 Bed / 3 Bath / Office / 3 story House. Being offered for $380,000, this unique property has ample room for everyone. In addition to the four bedrooms an three bathrooms, this home has two livings rooms, a large entertainment room and both a formal and informal dining room. For those who value security, the home is secured (enclosed) with a 12′ concrete privacy wall in the back courtyard and nicely constructed 12′ iron fenced wall in the front. With s an updated security system and ts no less than 7 guard stations (24/7) in the neighborhood, you can feel comfortable that your investment is secure and safe.
Along with modern construction, there are also possibilities of finding colonial era properties that can be restored, as well as undeveloped lots that can be customized or retained as investments as property prices continue to rise. Exploring the real estate market helps both the investor and the expat find the perfect location to fulfill their tropical dreams.
Casey
Is Cuenca Worth It? YES!!
For investors, retirees on fixed incomes, and expats seeking a new start, the big question is whether the cost of living in Cuenca will translate into a value added scenario. The answer is an unqualified YES!!
With rental prices averaging between $300-$1500 per month (depending on location, size, amenities, etc.), and basic utilities costing less than $100 per month, life in Cuenca is definitely affordable. When compared to all that Cuenca has to offer, the value (both intrinsic and actual) returned on investment far exceeds that of most U.S. cities of comparable size.
The cultural richness, moderate climate, vibrant entertainment and educational venues, and the serenity of the highlands lifestyle make the idea of investing or living here an almost irresistible proposition. Visiting this Ecuadorian gem is the best way to learn whether the Cuenca “big picture” features you in a starring role.
Cuenca, Ecuador has become one of the premier retirement and expat destinations in the world. Forbes and other publications consistently rank comfortable Cuenca as one of the most desirable locations in terms of culture, a growing expat presence, and cost.
In addition to all of those accolades, one of the major pluses of this Andean city is the climate. Cuenca, Ecuador weather is ideal for those looking for the allure of a Latin American community without the extremes of heat and humidity. Owning property in Cuenca, Ecuador could be the answer to finding a place in paradise with the perfect temperate climate.
Howard Wood
Cuenca, Ecuador Weather – A Tale of Two Seasons
Like most of Latin America, Cuenca, Ecuador has two seasons – rainy and dry. The rainy season occurs from January to May, while the dry season generally runs from June through December.
During the rainy part of the year, mornings in Cuenca can be bright and sunny with afternoon rain showers. Much like spring in the U.S., the heaviest rainfall occurs during the months of March through May.
Regardless of which season, temperatures in Cuenca reflect the subtropical highland climate of most communities in Ecuador’s Andean highlands. With daytime temperatures in the mid 60s to high 70s and evening temperatures in the high 40s to low 50s, the air conditioner can certainly get a rest.
Below is a climate data chart for Cuenca that provides a good picture of what kind of weather expats can expect in this highlands city:
| Climate data for Cuenca, Ecuador | |||||||||||||
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
| Record high °C (°F) | 26.7 (80.1) | 26.1 (79) | 27.2 (81) | 24.4 (75.9) | 25.0 (77) | 25.0 (77) | 22.8 (73) | 25.6 (78.1) | 25.0 (77) | 27.2 (81) | 27.2 (81) | 27.2 (81) | 27.2 (81) |
| Average high °C (°F) | 20.6 (69.1) | 21.1 (70) | 20.6 (69.1) | 20.6 (69.1) | 19.4 (66.9) | 18.9 (66) | 18.3 (64.9) | 18.9 (66) | 20.6 (69.1) | 21.1 (70) | 21.7 (71.1) | 21.7 (71.1) | 20.3 (68.5) |
| Daily mean °C (°F) | 15.3 (59.5) | 15.8 (60.4) | 15.6 (60.1) | 15.3 (59.5) | 14.4 (57.9) | 13.6 (56.5) | 13.3 (55.9) | 13.3 (55.9) | 14.7 (58.5) | 15.3 (59.5) | 14.7 (58.5) | 15.6 (60.1) | 14.7 (58.5) |
| Average low °C (°F) | 10.0 (50) | 10.6 (51.1) | 10.6 (51.1) | 10.0 (50) | 9.4 (48.9) | 8.3 (46.9) | 8.3 (46.9) | 7.8 (46) | 8.9 (48) | 9.4 (48.9) | 7.8 (46) | 9.4 (48.9) | 9.2 (48.6) |
| Record low °C (°F) | 3.3 (37.9) | 2.8 (37) | 3.9 (39) | 1.1 (34) | 0.0 (32) | −0.6 (30.9) | −1.7 (28.9) | −1.1 (30) | 2.2 (36) | −0.6 (30.9) | −0.6 (30.9) | 1.1 (34) | −1.7 (28.9) |
| Average rainfall mm (inches) | 67 (2.64) | 85 (3.35) | 107 (4.21) | 109 (4.29) | 77 (3.03) | 68 (2.68) | 53 (2.09) | 47 (1.85) | 56 (2.2) | 73 (2.87) | 69 (2.72) | 67 (2.64) | 878 (34.57) |
| Avg. rainy days (≥ 0.1 mm) | 20 | 21 | 22 | 19 | 15 | 11 | 10 | 10 | 12 | 16 | 13 | 10 | 179 |
| Mean monthly sunshine hours | 155 | 113 | 124 | 120 | 155 | 150 | 186 | 186 | 150 | 155 | 150 | 155 | 1,799 |
| Source #1: Sistema de Clasificación Bioclimática Mundial (temperatures)[1] | |||||||||||||
| Source #2: Cuenca Climate Guide [2] | |||||||||||||
Sources: Sistema de Clasificación Bioclimática Mundial (temperatures) and Cuenca Climate Guide
A Matter of Geography
With spring-like temperatures most of the year, expats should remember that sweaters and jackets may be necessary during the evenings. Cuenca, is, after all, in the mountains and, at 8500 feet above sea level (Denver, by comparison, is 5,278 feet), cooler nighttime temperatures are to be expected.
One benefit of the higher altitude is drier air. For sinus sufferers, the mountain climate can be a welcome relief from the chronic troubles more humid conditions and higher dew points often bring.
Paul De Andrade
What to Expect on an Average Cuenca, Ecuador Weather Day
Learning what clothes are needed and how to dress comfortably is an important part of acclimating to your new Latin American home. Here is what to expect on an average day in Cuenca:
The Morning
Cool, crisp mountain air, brilliant sunlight and fathomless, deep blue skies paint a perfect portrait of a Cuenca morning. The chill of the night may be lingering, so grab a sweater or jacket before venturing out for morning coffee.
Midday
A few wispy clouds may begin to appear that may, or may not, herald the approach of rain. As the temperatures have warmed up, you can leave the outerwear at home, open your windows to let in some of the gentle breeze, and enjoy another day in your mountain paradise.
The Late Afternoon
If this is during the rainy season, expect a rain shower (Have that umbrella or windbreaker ready). Fortunately, it won’t last long and will leave freshness in the air.
Nightfall
When going out for the evening – perhaps to a concert or dinner – be sure to have a jacket or heavy sweater along. By the time you return home, the temperatures could dip into the high 40s. That makes for good sleeping weather under an Ecuadorian blanket; if you have a fireplace, a nice fire can warm both the living space and the soul.
Micheal
The Cuenca, Ecuador Weather Is Moderate in Other Ways
With lower mountain temperatures than those that expats would encounter in beach or tropical rainforest areas, the cost of electricity (specifically for air conditioning) in Cuenca is dramatically lower than in regions where air conditioning is, virtually, a necessity. This translates in to a more budget friendly environment for expats who have a fixed or limited income.
Another benefit, albeit a more intangible one, is that the comfortable climate can act as a catalyst to more outdoor activity. Walking through the historical district – designated a UNESCO World Heritage site – is even more pleasurable while enjoying the cool mountain air under the stunning azure sky.
The Best Way to Discover the Meteorological Advantages of Cuenca – Go There!
For those expats who want to find a highland retreat that combines a great cultural and community environment, a comfortable mountain climate with moderate temperatures, lower rainfall, and drier air, as well as a vibrant social and art scene, Cuenca, Ecuador is for you.
If you are among those who have wondered about how you would enjoy life in the Andean Highlands, visit Cuenca and see for yourself. The spring-like weather that Cuenca enjoys year-round makes any season a great time to visit and immerse yourself in this gem of Ecuadorian life. Come on in; the weather’s fine.
Lisa Cho
Ecuadorians love to celebrate. Regardless of the time of year, colorful displays of dancing, parades, and costumes can be found somewhere in the country.
Embracing both the pre-Columbian past and the Spanish colonial era, as well as honoring the religious significance, these festivals are just another reason that Ecuador continues to grow as a great expat destination for vacations or permanent relocation.
For expats and those considering Ecuador as a possible location to live, immersing yourself in one of these holiday festivities is an enjoyable way to experience the culture of this fascinating country firsthand. Importantly, foreigners are as welcome as native Ecuadorians to participate in these events and enjoy all that they offer.
We asked Lisa Cho, a California native who writes the Cuenca Culture Shock blog, to share with us about her firsthand experiences with these celebrations as an expat living in Ecuador. Here’s what she had to say:
Lisa Cho
Guest Post: Ecuador’s Must-See Festivals
Thinking of living in Ecuador? Get ready to immerse yourself in an entirely new culture, a different language, and a different way of…partying? Yes! Ecuadorians certainly know how to celebrate and there are several festivals throughout the year.
Depending on the holiday, there might be parades, street parties, folkloric dancing, and a variety of special foods. Expats who live in Ecuador can keep celebrating Christmas and Thanksgiving while learning a rich variety of new traditions. These are my three favorites.
November Festivals of Cuenca
Each major city has its own festival that celebrates its independence. In Cuenca, Ecuador, these festivities last an entire week and there are activities every day. Along the river, there are hundreds of arts and crafts stalls from all over Ecuador and Latin America. The city government helps bring in the best and most unique selection of vendors, so you can find necklaces made of seeds from remote Amazon tribes, or hand-knit alpaca scarves from Chile.
Meanwhile, the downtown area hosts different smaller cultural events, all for free. There are guitar playing workshops, art receptions, documentary screenings, and live music events. Toward the end of the festival, the streets explode with life as folkloric dancers, schools, and other local organizations parade down the streets, and at night, the town stays awake all night partying in the street to the boisterous sounds of local bands.
Corpus Christi
This is a religious celebration that celebrates the body and blood of Christ. In Ecuador it also happens to be a feast where people gorge themselves on hundreds of kinds of sweets. In Cuenca, stalls cover the main plaza and sprawl out into side streets. There are honey-rolled coconut balls, sweet cheese-filled “quesadillas”, alfajores filled with dulce de leche, chocolate bonbons, and more.
As a religious festival, there aren’t wild parties at night but you will see amazing parades during the day. They also light a wooden castle which creates a whirlwind of spinning wheels, exploding colors, and fireworks. It’s all too easy to gain 10 pounds during Corpus Christi, but there’s always a brisk walk by the river and freshly-squeezed carrot juice to help you burn it off.
Lisa Cho
Carnaval
Carnaval is celebrated completely differently in Ecuador. Rather than ongoing wild parties, Ecuadorians engage in ongoing public water fights. You may be walking down the street and be hit with water guns, water balloons, or even a bucket! Carnaval is a love-it-or-hate-it affair in Ecuador. Some cities have even banned the public throwing of water balloons, pushing the water-soaking parties into the backyards of families. Other cities, however, embrace it.
My favorite place to celebrate is Gualaceo, a small town 30 minutes from Cuenca where people gather for an enormous all-day water fight. Families gather along the riverside alternating between grilling food, especially “cuy” or roasted guinea pig, and going completely wild. The town’s river supplies an endless supply of ammunition for water guns and buckets, and the sunny weather makes getting soaked part of the fun. The “get-the-gringo!” attitude is very common among the local kids, so don’t expect to sit on the sidelines!
Expats choosing to retire to Ecuador are taking the “road less traveled’ and enjoying it. Though not as well-known as other popular Latin America destinations, Ecuador has an untapped potential that could make it the most popular retirement destination in the region.
There are more options for retirees in Ecuador today than ever before. Improvements in the country’s infrastructure have opened more areas for expats looking for a less cluttered existence.
Johnny Gustavo
Retire to Ecuador, Save Money, Live the Life You Want
Ecuador’s cost of living is certainly one of the most affordable in Latin America. It is important to remember, however, that some online claims about living there for practically nothing are overblown. Like anyplace else, how much you spend will depend on the choices you make concerning location, amenities, and luxuries.
The fact that the U.S. dollar is the currency of Ecuador is an important plus. Knowing the cost of things and not having to deal with currency exchange rates certainly makes budgeting for your retirement much easier – especially for those on fixed incomes.
Being able to buy or rent your retirement retreat at reasonable prices is one of the biggest draws of Ecuador. Even in the larger cities like Quito or Guayaquil, a spacious three-bedroom apartment can rent for under $1,500 per month. Rental and sale prices in smaller towns make finding a home much less stressful.
The lower health care costs that are offered in Ecuador certainly make living a healthy lifestyle much easier. Modern state-of-the art facilities provide high quality care at a fraction of the expense for the same procedures in the U.S. Dental care and dental tourism is another area where retiree dollars can go farther and enhance the quality of living for years to come.
An important and intangible benefit to retiring in Ecuador is the more relaxed pace of daily living. Being able to appreciate the natural beauty of the country, without the hectic approach to living found in the U.S., can make those retirement years truly “golden.”
Crucita MLS
Investment Potential Continues to Grow
A decision to retire to Ecuador may also provide the potential for a strong return on investments. There are a number of areas that are primed for new projects as expats continue to arrive seeking new housing and commercial options. In addition to already built properties, there is a growing number of undeveloped lots that are available in a variety of locations; both urban and rural.
The beach towns of Canoa and Ancon have a great deal of undeveloped and underdeveloped property that can be purchased quite reasonably. Crucita has become a world-class destination for paragliders and hang gliders. This increase in the tourist trade makes investing in rental properties a viable and potentially profitable action to consider. Along with San Clemente, this area is well on the way to becoming the next Pacific “Gold Coast.”
The beach is not the only part of Ecuador that is an attractive investment option. Cuenca, a World Heritage city in the foothills of the Andes and the Yunguilla Valley are becoming increasingly popular as expat destinations and potential retirement meccas that combine a moderate climate, rich cultural history, and affordable prices.
International Realestate
The Beauty of Ecuador – So Many Diverse Locations
One of the most unique features of Ecuador is the wide diversity of regions that can be your retirement destination.
For those whose idea of a tropical paradise is a cosmopolitan city with attractions and entertainments, Quito and Guayaquil are both modern and filled with the kind of amenities one might find in any major city in the U.S. These cities also are the locations of the two international airports in Ecuador; Mariscal Antonio José de Sucre in Quito and Simon Bolivar in Guayaquil.
Cuenca captures the flavor of the Andean Highlands and retains the essence of its rich colonial heritage. The coastal villages of Canoa, Ancon, San Clemente are rustic, laid-back beach communities just perfect for those looking for a more authentic Ecuadorian experience.
For those truly seeking to ‘”get away from it all,” Ecuador also has a number of island communities that could be your retirement paradise. Santa Cruz, Isla Isabella, Pena and San Cristobal are just some of the places expats are beginning to pay attention to.
The continued growth in the number of expats and retirees coming to Ecuador will increase the options available. Some of the small jungle towns, such as Banos, are in the earliest stages of moving from tourist attraction to a destination for expat arrivals to settle and develop.
Even beyond the possibilities of places to live, there are stunning natural wonders suddenly much closer if you are living in Ecuador. The Galapagos Archipelago, the Andes, and the Amazon Basin become more accessible and easier to explore; adding another dimension to the desirability of this Latin American gem.
Lobitadelsur
So Many Positives to Choose Ecuador and Things to Consider
For retirees, expats looking for a tropical escape, and investors exploring new options, Ecuador has many features to commend it. Constantly improving infrastructure, growing communities of North Americans and Europeans, and affordable properties are all important reasons to retire to Ecuador.
However, even in a tropical paradise, there are a number of factors that you should examine as part of your decision-making process. First and foremost is that English, while growing in usage, is not the dominant day-to-day language – particularly in the smaller rural villages and towns. An honest appraisal of your comfort level of living someplace where communications may be challenging at times is truly an important step to a happy relocation.
A second consideration is the fact that the more rustic communities also have fewer of the modern amenities of major cities such as Quito, Guayaquil, and Cuenca. If having ready access to high speed internet, cable television, etc. is a necessity, this could limit the potential Ecuadorian locations that might be right for you.
Patience is an important facet of expat life throughout Latin America and Ecuador is no exception. Travel, particularly where the only option is driving, can take significantly longer; repairs and improvements to infrastructure items such as roads, electricity, and even water, may involve much more time than one might find in the U.S. or Europe.
In the end, the best way to truly know if Ecuador is right for you (and if you are a good fit for Ecuador) is to talk to others who have made the decision. Do your research and, most importantly, visit this unique land of potential and promise and see if it resonates within you and makes you want to retire to Ecuador.
Thinking about investing in a second home? Retiring or going expat? Why not consider six spectacular places to live in Latin America?
Ingrid Khadijah
Why Should You Choose a Place to Live in Latin America?
For all the same simple reasons full-time expats and retirees flock to this part of the world. Simpler life. Tropical climate. Azure waters and gorgeous beaches. Jungle and mountains of unparalleled biodiversity. And growing numbers of flights from around the world.
You must be thinking, “Aside from the obvious, what else lures real estate investors to Latin America?”
Rich cultural heritage, pure beauty of nature, and simple lifestyle are truly magnificent. But Panama, Belize, Honduras, Ecuador, Costa Rica and Mexico have other ideal investment factors.
Why Do Investors Love Latin America?
These top emerging markets have healthy, growing economies. Construction and reconstruction are on the rise. Tourism, retirees, and expat numbers are steadily increasing. As a result, there are many fresh business opportunities. Generally speaking, there’s a robust need for rental properties.
Infrastructure improvements are a top priority. Internet access is typically a given. World-class hospitals and other modern medical facilities are available. Public transportation is solid.
New international airports are being built. Airline routes are growing. And visas and passports are easy to obtain.
Home prices are a real bargain. You can get a bigger house, a great location, and better views for so much less money compared to most other countries. You can find a modern two-story 3-bedroom/3-bath home with high-end finishes for $115,000.
The costs of living are low. In many places, a mere $2.50 will buy dinner at a local restaurant, and a couple can live really well on less than $2,000 per month.
Taxes, insurance, and utilities are low. And retiree incentives for expats are quite excellent.
So check out these six spectacular places to live in the Latin Tropics.
Cariberry
1. Ambergris Caye, Belize
“Best island in the world!” That’s what Trip Advisor readers said two years in a row. Ambergris Caye strikes a perfect balance between quaint and modern. High-rise buildings and traffic lights are non-existent. Locals, Latin immigrants, and expats from all over the globe traverse the island’s sandy roads barefoot or in a golf cart.
You’ll love exploring the diverse ecosystems around the island. From palm-lined beaches to mangroves, jungles, and reefs, you’ll never run out of things to do. Ambergris Caye is situated less than a mile from the second largest barrier reef in the world (Belize Barrier Reef). And one of the world’s top diving sites (Great Blue Hole). Scuba diving and snorkeling can’t get any better.
Can you imagine yourself sailing to the nearby cayes? Caye Caulker is a popular neighboring destination.
John Colby
2. Roatán, Honduras
Lonely Planet termed Roatán “pitch perfect.” The well-developed tropical setting offers an active lifestyle in a tranquil setting. Picture thirty miles of Carribean paradise with its own international airport, Juan Manuel Gálvez International Airport. Take your guests for a swim with the dolphins and sea turtles in Roatán’s warm Carribean waters.
Go sport fishing or kayaking. Explore shipwrecks, seawalls and Mayan artifacts. Scuba dive and snorkel in the nearby Belize Barrier Reef. And ferry to the mainland port of La Cieba in only an hour.
Take your land lover guests zip lining or ATV riding through the jungle.
Casey
3. Cuenca, Ecuador
Expats of all ages and from around the globe flock to Cuenca for its beautiful Andes mountain location. They’re lured there by Cuenca’s natural beauty, captivating colonial architecture, and 70-degree temperatures year-round.
Modern facilities and solid infrastructure make living here a charm. Among the breathtaking skylines, you’ll have the modern conveniences of pedestrian walkways, bike paths, underground parking facilities, and an excellent light-rail system.
State-of-the-art medical facilities combined with highly qualified medical professionals are added bonuses. And shopping malls, grocery and hardware stores, restaurants, and bars are plentiful in Cuenca.
Viva Tropical
4. Boca Chica, Panama
The Boca Chica economy is about to explode. Expansion at Enrique Malek International Airport (in David, Panama) will, for the first time, receive flights from major airlines around the world. A scenic 30-minute drive from the airport lands you in the serene little fishing village of Boca Chica. Picture rolling hills and secluded beaches. Sapphire waters and “emerald islands.” A so-called secret “tropical fantasy!”
How cool would it be to take a 10-minute boat ride to your home on Boca Chica Island? You’ll feel like you’re hours away from civilization. And you might even forget what day it is. But the truth is, it’s incredibly easy to get to.
There are no tourist traps on Boca Chica Island. Just unspoiled prehistoric nature. A place where locals and like-minded expats can still own a piece of heaven for a bargain.
Viva Tropical
5. Nosara, Costa Rica
Lonely Planet compared Nosara with Malibu and Oahu’s North Shore. Nosara’s surf-friendly beaches are some of the most beautiful in Costa Rica. Imagine dramatic rocky cliffs, tropical palm trees, and big expansive sand shores.
Internationally-recognized Nosara Yoga Institute made Nosara a popular travel destination with an enthusiastic health-conscious culture. Health food stores and organic markets are plentiful.
International schools with excellent academic and cultural programs make it ideal for raising a family.
Sean Savage
6. San Miguel de Allende, Mexico:
San Miguel is a UNESCO World Heritage Site. This interior city emerged from agriculture and industry to tourism and expat commerce. Although it has no beaches or blue waters, visitors fall in love with San Miguel’s cobblestone streets, rich history, and diverse culture.
The preserved colonial and Spanish architecture is truly breathtaking. And the “eternal spring” climate, combined with moderate costs of living and walkability, seals the deal.
You’ll enjoy roaming the vibrant art community and eclectic shopping venues.
Need you look further than these six spectacular places to live in Latin America?
Latin America provides an ideal lifestyle and perfect conditions for second-home investors, retirees and expats. Property bargains, benefits and amenities make your transition easy.
Take a trip down to see for yourself.
The highlands of Ecuador are pulling many expats to the region, thanks to their mild climate and rich cultural offerings. Whether you want big city amenities, natural beauty, or historic ambiance, these towns have it in great quantities. Here are our Viva Tropical choices for six of the best mountain towns in Ecuador.
Colleen Taugher
Cotacachi
The tranquil, rustic vibe of Cotacachi is what draws visitors to this small town. Situated with a volcano on both the east and west sides, Cotacachi still has much of the flavor of old Ecuador. Most of its activities and festivals revolve around nature and the seasons, and markets feature local arts and crafts. There’s a vibrant Andean music scene there as well, and traditional pan flute music can be heard wafting from the street corners.
Cotacachi is so small, most people find no need for a car there. And the cost of living is so tiny, you may pinch yourself when you see rental fees or grocery prices. The great thing about Cotacachi is that you can enjoy the serenity of life there and go to nearby Ibarra or Quito for more lively activity.
Roberto Sanchez
Otavalo
Cotacachi’s neighbor, Otavalo, is just an inexpensive bus fare away. Surrounded by mountains, Otavalo is known for some of the most beautiful and interesting markets in all of Latin America. Be sure to get plenty of pics of the Incan Mercado Artesanal, where brilliantly colored fabric and clothing, as well as handicrafts, are unparalleled. Otavalo also has an animal market where livestock is bought and sold and a produce market nearby.
Like much of Ecuador, Otavalo is a mix of Spanish and indigenous cultures. Although the nights are cooler (down to the 40s sometimes), days are frequently in the 70s, which is ideal for seeing the abundance of local natural sights. Don’t miss the Imbabura volcanic mountain ranges, Peguche Waterfall, or Lago San Pablo – a perfect one-day hike in this gorgeous setting.
Diane
Vilcabamba
If you want to live a long time, enjoying a healthy lifestyle, you can’t beat Vilcabamba. While the locals there may not be quite as old as their reputed 100+ years, they have virtually no heart disease, diabetes, or serious illness. Much of their longevity is attributed to healthy diet; until the rest of civilization descended on Vilcabamba around the ’60s, Ecuadorians there ate an organic vegetarian diet, full of fresh vegetables and grains, with little fat and no animal products.
Nowadays, Vilcabamba is an ideal destination for anyone who wants to grow their own food. With fertile soil at its altitude of 5,000 feet and temperatures in the 65-80 degree range, it’s a year-round farmer’s paradise. The water is as clean as the air there too. Vilcabamba’s water comes from glacier-fed lakes in the mountains above, and it’s packed with minerals, without any of the chemicals and preservatives found most other places around the world.
Throw in the low cost of living, reasonable real estate market, and stunning surroundings, and Vilcabamba is a winner. You can live like the natives and practice functional exercise by hiking or riding the area on horseback. With views like sacred Inca sites and lush waterfalls, be sure to bring your camera.
Dave Bezaire
Cuenca
Cuenca is the most well-known of the expat magnets in Ecuador. The third largest city in the country, it has a big-city feel with a manageable population of 350,000. While you can find fine arts and gourmet dining there, the cost of living is still quite low; a couple can live very well on $1,500 per month.
Cuenca offers a balance of old Ecuadorian culture and new amenities. The real estate market has slowed down slightly from its rollicking 5-12% appreciation rate of the last decade, which makes it a good time to snag an investment property at a deal. Historic and agricultural properties are available for purchase and are largely accessible via the city’s fine public transportation system. Other reasons people love Cuenca:
- excellent health care
- widespread availability of high-speed Internet
- few cars for a city its size
- family-friendly atmosphere
- safety (very little violent crime)
- year-round temperatures in the 70s
- four rivers in the area
- multiple universities and good schools
- connected but locally assimilated expat community
Gregouille
Ibarra
Nicknamed “The White City,” Ibarra was founded by the Spanish in 1606 at the base of the Imbabura volcano. While it boasts the great climate and low cost of living of many other cities in Ecuador, Ibarra is known for its appeal to outdoor enthusiasts. If you like organized sports competition, try one of their running or bike races. Or how about a public park with climbing walls and an abundance of post-workout hot springs?
Although it’s quite cultured, Ibarra is a less typical expat destination than many spots in Ecuador. This has less to do with what’s offered there than the fact that little English is spoken in Ibarra, so the learning curve as an expat is a bit steeper for some. It’s also tougher to reach, with no direct flights into the city; visitors must fly into either Quito or Tulcan and drive from there.
Fabulousfabs
Loja
Loja, in the Southern Sierra region, is another less frequent expat destination. Located near Vilacamba, with a population of around 200,000, Loja has the warm days and cool nights favored by nature lovers. With temperatures ranging from the mid-40s to the mid-70s, there’s no need for heat or air conditioning, which cuts down on the already reasonable cost of living there.
Loja’s natives and small expat community enjoy the city’s layout, which is organized, Spanish-style, around town squares. What Loja is really known for, however, is being the music capital of Ecuador. With two orchestras and a music conservatory, there is never any lack of melodic entertainment there.
No matter where you land in Ecuador, you are sure to be wowed by the incredible scenery, warm people, and diverse culture of its cities. Once you find a home base, you can take advantage of places like Papallacta, with its volcanic heated hot springs and see more than 130 species of hummingbird in the Amazon Basin cloud forest nearby. The ease of immigration in Ecuador is a fantastic plus. No wonder so many expats are now calling the Ecuadorian highlands home.
Mountain Towns of Ecuador