Welcome to INBIENES!
Why to invest in Ecuador?
The numerous opportunities for investing in Ecuador have made the country one of the favorite locations for overseas investing and retirement. Equal treatment is given to local and foreign investors, so when you invest in Ecuador, you’ll receive the same rights of entry into any market as Ecuadorian citizens. Practically all sectors are open to investors and profits and capital can be repatriated without restriction.
Is the cost of living in Ecuador expensive?
The low tax rates payment in real estate, and the low cost of living, makes Ecuador a nice opportunity of investment.
INBIENES Real Estate – Frequently Asked Questions
1. Is it legal for a foreigner to own property in Ecuador?
2. Do I need to have a special Visa to buy a property in Ecuador?
3. If I buy a property as a foreigner in Ecuador, do I become a resident?
4. What type of visa do I receive when I enter the country?
5. How do I buy a property with INBIENES?
6. What about property taxes in Ecuador?
ANSWERS:
1. Yes, foreigners have the same legal rights as Ecuadorians to own properties anywhere in Ecuador.
2. No. If you wish to buy a property in Ecuador it is not necessary to have a “special visa”. Your Tourist Visa (the one you are given when you enter the country) is more than enough, but if you planning to stay longer you should change your visa status, all this information it’s available in the web page of
“Direccion Nacional de Migracion del Ecuador”
3. When you buy a house, apartment or land in Ecuador after the purchase has been successfully completed then, you’ll be more than able to apply for a resident visa, because you’re investing in the country. This process is carried out within a month with a good lawyer. After legalities and/or formalities (immigration process) have been completed with your lawyer, you’ll become a formal resident, being able to enter or leave the country according to the local Law.
4. Depends of the country where you are from it will determine if you need a Visa to enter the country. For more information check out in the web page of
“Direccion Nacional de Migracion del Ecuador”.
5. INBIENES, guarantee the legal condition of our properties for sale. All the properties showed in our web page had been investigated carefully in order to give confidence to your future investment; you also get technical assistance and technical support until all the formalities are accomplished and the legal proceeding is completed.
6. The tax system yearly applied to properties in Ecuador is inexpensive, depending where the property is located it will determine the amount.
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