Get informed before you retire and buy property overseas!
I will like to point out few things here which I believe are very important to take in consideration. Once a person decides to retire or live overseas, they are opening their minds to a complete new and different perspective in life, of course these underdeveloped countries or emerging economies, as I like to call them, have a whole different situation, may that be political or economical, but on the other hand, they do offer a great compensation by providing natural environments, health and a comfortable lifestyle under a small budget.. Most develop countries are saturated with environmental problems, and their economies are going under huge debt problems.
Saying this, I should also agree that few smart foreigners are taking advantage ahead of the game and overpricing local properties in this heavenly retirement option. One thing to be sure is that properties by the ocean in Ecuador are cheap, you should always buy from locals, anybody can buy properties here, you may need the assistance of a professional who is related to the local market, which will not jump the price to the American standards.
I am even seeing that companies who have been in the business of promoting Latin America as a new found heaven for retirement, are also making money by offering tours and seminars. This is not fair at all, there is plenty of information on the net, and Ecuadorians are very friendly and open people to welcome business from other cultures.
Don´t let anybody tell you differently, I wouldn’t like to see Ecuador being merchandise by people who are just taking advantage of a timing opportunity. Please get informed, of course as with anything else in life, you may come across and find dishonest people, but by asking for professional references, you´ll be able to avoid that, take your time and travel to Ecuador for a visit, see it your self, even if they try to point out that the actual president is following Venezuela’s foot steps.. I can tell you that Ecuadorians are a complete different story, they will never allow it…
Ecuadorians are very business oriented, and a very hard working society, they will always push their Politians to open the doors to the world. They had to go through a hall process of changes with their previous established politics to level the social standards.
I was born in Ecuador and raise in Canada, I have seeing both worlds, plus having worked in other countries, I am a citizen of the world, we should never undermine any place, I just think that there is a perfect place for every type of character in life and budget too….
I started writing about overseas living in Ecuador after my friends and clients ask me to please make all those tips of information available to the world.. so I went on with my brand new blog.. I am open to constructive critics, comments and if any body will like to collaborate please you all are more than welcome, it will be a great cause..
Presently working in the Ecuadorian Construction Industry with a major local firm, I am currently residing in Guayaquil, Ecuador, having moved recently from Miami, Florida where I resided for approximately 2 years.
Don´t forget always check local property market at real local prices! Here I leave you some properties images in Ecuador…
Posted on August 24, 2011, in Ecuador your new spot to live or retire and tagged cheap prices for property in ecuador, local properties, real estate agent, real estate services., retirement option. Bookmark the permalink. 1 Comment.