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FREQUENTLY ASKED QUESTIONS

Ecuador

Is it legal to own land in Ecuador as a foreigner?
Answer. Yes foreigners have the same rights as Ecuadorians when it comes to owning property. Unlike other Latin countries, you actually own the land here. U.S. title insurance is available.


How do I buy property or a house?
Answer. Find a reputable source and look for good deals.


Is there financing available in Ecuador for purchasing property?
Answer. Yes financing is available although interest rates are high. Seller financing can be a beneficial way of purchasing your property.


What are the property taxes like in Ecuador?
Answer. Generally, non-existent and very inexpensive per year. Home property taxes are less than $50.00 per year.


What kind of money does Ecuador use?
Answer. Ecuador uses the U.S. Dollar.


What is the weather like?
Answer. Cities such as Quito located in the Andes Mountains have cool temperatures in the low to mid 60’s at night but have intense sunlight during the day with temperatures in the mid 70’s. Along the coast daytime averages are between 80 to 85 degrees. The nighttime averages are between 70 to 75 degrees.


What are the main food dishes and is it safe to eat?
Answer. Yes the food is safe to eat and there is a large variety of options with rice and fish and chicken being the most popular along the coast. Fish is fresh and plentiful.


How do I get to Ecuador?
Answer.United Airlines, American Airlines and Continental fly from the U.S. to Quito and Guayaquil.


​Are television, Internet and phone services available?
Answer. Yes, modern technology services are available.
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