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"Ecuador exports more bananas then any other country in the world"
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Why Ecuador May Not be For You...

Aug 30, 2013

Why Ecuador May Not be For You...

No matter where you look these days, if you’re considering a property purchase abroad, Ecuador will pop up as the ‘ideal’ retirement destination. And we’re just as guilty about talking it up as any other website out there!

It’s not that the information we’re touting is incorrect. Quite the contrary! Ecuador truly is beautiful, affordable and friendly. But it’s nothing like North America or Europe in terms of culture and infrastructure development. This seems to be what many miss when doing their online research, and what many websites ‘forget’ to mention when trying to sell cheap homes and property.

Today we unmask some of the ‘real’ Ecuador… and as always, encourage you to visit before committing whole-heartedly (go HERE to learn about our Coastal Ecuador Discovery Weekend!). 

Ecuador is a developing country…
Although there have been great strides in the development of Ecuador’s infrastructure (go HERE to read more), it’s still nothing like North America or Europe. There are potholes, washed out roads, half-finished buildings and some very ‘rustic’ places that people call home.

Leave any sense of entitlement behind…
This is tricky, because you may think that you have zero sense of entitlement to begin with. Although difficult to admit to, if you were brought up in a developed country, feeling entitled is almost preprogrammed into you, by no fault of your own! The reality is, you’re a guest in this country, as well as a minority. Be humble, try to learn at least some of the language and keep any sense of an ‘attitude’ for your friends and family behind closed doors.

Don’t throw common sense out the window…
Realistically speaking, no matter where you go in the world there’s crime. Sure, some places are worse then others, but there are elements anywhere you live. Ecuador is no different. And no matter how hard you try to fit in, you are not a local. Instead, you are likely considerably better off then most locals, and a possible target to the unscrupulous ones. To avoid being put in a scary situation, don’t walk around with an unnecessary amount of jewelry on, flash large amounts of cash or walk alone in questionable locales after dark. 

Be careful whom you trust…
Ok, we didn’t want to say, “trust no one” because that’s just not fair. But don’t jump into anything with both feet first. You’ve likely seen them for yourself – unfinished condo buildings, sales offices and fancy entrance gates overgrown with weeds and trees – these are the remnants of dashed hopes (and money) of past developers trying to fulfill dreams for people hoping to live in a beachside community. Until something went terribly wrong. There are plenty of reasons why developments are stopped in their tracks; they don’t get their permits, they can’t find enough water for a development, they run out of money… it’s unfortunate, because it makes it twice as difficult for the reputable builders in the area to prove themselves (go HERE to learn about a reputable developer along Ecuador’s coast). Just remember, you should never have to pay for anything 100% upfront. There should be a clear payment plan, with the final amount due upon completion. Again, this may seem like common sense, but it’s easy to get wrapped up in a good sales person’s story…

These are only some of the reasons why Ecuador may not be an ideal destination for you… every country has it’s idiosyncrasies, it’s just a matter of how well you put up with them. If you’re on the search for your utopia, consider what you can handle and what you absolutely can’t. After all, there is nowhere in the world that checks every single box, for every single person. Keep an open mind, laugh at yourself, take a deep breath and consider yourself lucky that you’re able to even think about living abroad.

The best way to test drive a new country is, of course, to visit it! By heading to Ecuador on a Discovery Weekend, you’ll have a chance to experience the culture, people and your (possible!) future neighborhood.  

Find out if Ecuador is for you! Go HERE now to learn about our Southern Pacific Coast Discovery Weekend…

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Where International exists to recommend a variety of International real estate options. Where International requires developers to meet stringent criteria before offering them to you. Conversely, any inspections we conduct on projects or individuals should not be misinterpreted as a guarantee by Where International. International real estate is not immune to the ups and downs that occur in North American real estate; property values are never guaranteed to increase.

Where International is not accountable for the orchestration or deliverance of Discovery Weekends. We provide them to you on behalf of our developer partners. We recommend that you purchase travel insurance, as you would with any trip out of your home country. In addition, we advise you complete your own due diligence, purchase title insurance and always use a local attorney to assist with all transactions. In the event that a reader purchases a property from a recommended developer, Where International receives a sum from the developer.