Ecuador Visas – Visa and Immigration Information
Immigration requirements frequently change. Page last updated: Tuesday, April 19th, 2011
In recent years there has been an influx of immigration to Ecuador. Many foreigners are finding the relatively low cost of living and mild climate, especially in the Sierra Cities of Cuenca, Loja and Vilcabamba, to be most inviting.
To help those who are interested in making the move to Ecuador we are providing the following information on some of the residency options that are currently available:
- Visa 9-I Pensioner’s Visa – For this visa you have to justify a monthly income of at least $800 for one person and $100 more per dependent, if you are coming with your family. The income that you will receive monthly has to be proved with a certification from the entity that will pay you the income such as Social Security.
- Visa 9-II Real Estate Investor’s Visa – In this case you would have to buy property in Ecuador and register it in your name for a minimum price of $25,000 and $500 more per dependent.
- Visa 9-II Certificate of Deposit – You can apply for the second type of 9-II by investing in a Certificate of Deposit in a private bank in Ecuador and leaving the CD in the custody of the Central Bank of Ecuador. The required amount is $25,000 plus $500 per dependent. You will receive the interest, but you can’t withdraw the money until you decide to leave the country or change your status.
- Legal Representative, Work Visa or Religious Visa
- You can establish a legally registered company here in Ecuador and file the appropriate taxes for the company. You will need to hire employees that will be enrolled in the Social Security system of Ecuador. You are allowed to bring dependents with this type of residency visa i.e. wife and children. There are different requirements depending on the type of company you chose.
You should be aware that in the first two years of residency you can only leave the country for 90 days in each year.