China’s export of labor faces scorn: the country often insists on using its own workers if Chinese money finances projects on foreign soil

December 22, 2009 09:03 by Admin
Editor’s note: Growth in the number of Chinese nationals in Ecuador has been a concern of the Ecuadorian government since the late 1990s. In 2007, an immigration office official in Quito was arrested for selling residency documents to dozens of Chinese workers. More recently, the number of C... [More]

Retirees turn to Latin America for a lower cost of living and inexpensive real estate; Ecuador is one of the top choices

October 23, 2009 01:57 by Admin
Many a traveler has wondered, as they found a city they liked, “What would it be like to live here?” Many people who spend their days working remotely anyway start thinking, “Why don’t I just work from here and cut my expenses by half?” In most of Latin America,... [More]

LIVING ABROAD
Considering moving overseas? Do your research but, in the end, you will have to follow your heart

September 9, 2009 02:56 by Admin
This is the first of a three-part series about the experience of moving and living abroad. The author, Kathleen Peddicord, was publisher of International Living for more than 20 years and is currently publisher of Live and Invest Overseas, a web and publishing service for propective expats an... [More]

REALITY CHECK
Cost of living is cheap in Ecuador, but not as cheap as some say

August 13, 2009 05:33 by Sylvan Hardy
“Is it as cheap to live in Ecuador as they say?” The question came from an English friend but it’s one I’m asked fairly often. What he's referring to are the claims made by a number of publishers and web services, particularly International Living, Gary Scott and ... [More]

'Dental tourism' is booming in Ecuador as foreigners discover that they can pay for a vacation from savings at the dentist's office

July 13, 2009 03:10 by Admin
The Galapagos Islands, colonial cities, the Amazon jungle, and beach resorts are not the only reason that foreigners visit Ecuador. Tourism officials say the fastest growing attraction may be the country’s dental care. Although it is hard to nail down accurate statistics, tour operator... [More]

Ecuador continues to review foreign debt, claiming that criminal acts were committed by previous governments

June 15, 2009 05:04 by Admin
The Ecuadorian government needs to decide how it will treat the debts, which accounted for two-thirds of the $10 billion the country owed last December ahead of its second default in a decade, Correa said yesterday in Quito. As with the defaulted bonds, criminal acts were committed by previous gov... [More]

Ecuador's anticipates Sunday's election with a sense of calm; is it the beginning of better times or just an interlude in the usual chaos

April 22, 2009 10:36 by Admin
One local candidate is comparing his crime-fighting abilities to Batman's. A would-be president has promised to raise the minimum wage to $77, because seven is a good number. And the government's "revolutionary" version of the Beatle's song "Hey Jude" has incurred t... [More]

Ecuador real estate prices are leveling off but don’t show the steep declines seen in other Latin American countries and North America

March 1, 2009 04:10 by Admin
“Is Ecuador recession-proof?” It is a question that Quito attorney and business advisor Rick VandDercreek hears frequently these days and he notices that most of those asking are North American and European investors. “I’m not sure where people are getting the i... [More]

Developers announce plans for 'new kind of residential community' in Cuenca, citing the city's growing popularity with foreigners

February 18, 2009 00:22 by Sylvan Hardy
U.S.-based developers have announced plans for what they are calling “a first of its kind residential community in Cuenca.” Daryl Lassiter, project spokeman for Cuenca Casas, said that the community will be designed to appeal to both foreigners and local residents. &ldq... [More]

Policy Minister Diego Borja says Ecuador will ‘defend’ use of U.S. Dollar

February 17, 2009 01:47 by Admin
Ecuador’s Economic Policy Minister, Diego Borja, defended the country’s use of the U.S. dollar and said President Rafael Correa wasn’t planning to abandon the system. “The president has been clear, we are going to defend dollarization,” Borja said today in an in... [More]

Ecuador, Latin American construction costs spike as commodity prices rise and the dollar drops

September 5, 2008 15:55 by Sylvan Hardy
Hit hard by higher commodity and fuel prices and the drop of the U.S. dollar, constructions prices in Ecuador and Latin America generally, have shown a sharp escalation in recent months. Most of the increase comes in the area of materials, particularly steel, concrete, electrical, plumbing and oth... [More]