The Minimum income will raise up $6.00

As promised we now know the new minimum income will be $400.00 per month. This will effect many things but for now the CD amount will be $40,000.00 for a new investor visa. The fine for overstaying your visa here in Ecuador will go up to $800.00. Those are the 2 easy to calculate items but we must wait until after the 1st of the year to see if the other fees to apply for a visa will change. As soon as we have that information it will be posted here.

Happy New Year to everyone. We have a few days off as the offices are closed until 2 January 2020. We look forward to welcoming all our new residents who are arriving during the month of January.