Update to Ecuador’s 9-I Pensioners Visa (Visa de Rentista) “This is to inform our readers that the requirement for an Ecuadorian Consulate to certify retirement income is no longer in force. Ecuador immigration recognizes it as valid guaranteed for life. When all your documents are ready, you can file for the visa. While the visa fees for the Ecuadorian retirement visa itself are $450 USDs, you also need to add in the expenditure for the notarizations, apostilles, translations, and notarizations of translations. How Long Does it Take to Get Retirement Visa for Ecuador? Overview. With the long list of retirement savings plans, it can be difficult to pinpoint exactly what your post-employment fund will look like. Your final cost will depend on how many documents you have and how many pages each one consists of. If you are in the Lower mainland/Vancouver Island area currently Aug 2018, would love to get together for coffee and chat about your experiences Cheers! To qualify for a Colombia retirement visa, you must show that you have income of at least three times the minimum monthly salary in Colombia. It really isn’t about actually being retired. By getting your Ecuador retirement visa, you can join the country’s public health insurance program. You’ll have many cities to consider while planning for retirement in Ecuador. Assuming a 4% Safe Withdrawal Rate (SWR), you can move to Spain with a retirement nest egg of roughly $722,125. Ecuador Tourist Visa Extension If you want to stay in Ecuador for longer than 90 days, you can extend your stay in a Migraciones office of Ecuador, in a city that has a regional city center. You’ll also have the option of private health care. Ecuador Retirement Visa or Ecuador Pensionado Visa), in order to obtain their residency in the country. *US Dollar amounts using estimated exchange rate of 1 EUR to 1.18 USD. The minimum income requirement to qualify for Ecuador's pensionado visa was recently lowered to one month's minimum wage, which is around $400. Social security letter of income or pension letter or the document that proves your guaranteed income for life. For instance, Ecuador offers retirees tax exemptions on certain utility and municipal taxes. That’s why it’s important to make sure you’ve received the proper vaccinations and medical treatment before moving. Currently, Siam Legal visa services do not cover the local citizens and permanent residents of Ecuador. The Ecuador retirement visa or pensioner visa is by far the most common type of residency that expats apply for when moving to Ecuador. In order to get an Ecuador tourist visa, it is necessary to submit copy of recent HIV result certificate obtained within the last three months. They can be issued for up to two years at a time, and can be renewed before they expire. 1. If not, then you can either petition to have it recognized, or try for another visa such as the Ecuador rentista visa or a professional visa for Ecuador. For retirees that have a pension, the retirement visa is ideal. All the new Ecuadorian visas are electronic, and no longer go in your passport. The country also uses the U.S. dollar as its national currency, so you won’t have to worry about any exchange rates. The time to process Ecuador retirement visa can take any time from 2 weeks to 3 months. It is a temporary residence visa that allows expats to settle in Ecuador for long-term and can be converted to a permanent residence visa as well. It is a temporary residence visa that allows expats to settle in Ecuador for long-term and can be converted to a permanent residence visa as well. The process to apostille these is different for every country. Prior to these changes, the minimum required income for the pensionado visa was $800. For pensioners, the country mandates a minimum pension or income of $800 a month, plus an additional $100 for each dependent. So you’ll want to keep this in mind when determining how to budget your Social Security benefit. Once you file it doesn’t matter that your 90 days expired as long as you do not leave the country. Coronavirus coverage in travel insurance, Activities Allowed for Holders of Ecuador Retirement Visa. Some countries make it difficult for foreigners, including or even especially retirees, to take up full-time residence (New Zealand and Australia, for example). With rising retirement costs in the U.S., many Americans are looking for alternatives to living out the post-employment life they’d always dreamed of. How Long is Retirement Visa for Ecuador Issued? If you plan to … The government reportedly renews some visas for people that qualified un… Understanding the various visa options available to you is an important part of making your ultimate where-to-retire-overseas decision. We have a few yrs before that happens so just in the planning research stage. Yes, as long as one of you fulfills the criteria for the Ecuador pensioner visa, the others can come as dependants. Jim Barnash is a Certified Financial Planner with more than four decades of experience. 60-III: Pensioner: For expats with retirement income this is usually the preferred option since it requires no major capital investment. Its proximity to the Andes Mountains and its range of historic sites and local restaurants have made it a popular destination for retirees. I have the requirements, for the 9-1 Visa (retirement), the 9-II (Investors Visa) Retirees generally apply for a Pensioner Visa in Ecuador (a.k.a. Apply Online. Ecuador Expat Forum: Retirement Visa. If you’re wondering how much of your pension or annuity income you’ll need, you’ll generally be able to survive on less than $1,200 to $1,400 per month. Conditions such as typhoid fever, the Zika virus and malaria are all prevalent in Ecuador. This document must be apostilled from where you got it, and then translated & notarized. The background check to verify that you have a clean criminal record is mandatory document. This makes the point that these programs change. We estimate that there are 1,500 British nationals living in Ecuador, most of them in Quito, Guayaquil, Cuenca and Galapagos Islands. Topic posted by DebbieH. All residents, regardless of income, have access to Ecuador’s public health insurance. While moving to a different country can be extremely exciting, it doesn’t come without residency policies. There is, as always, a lot of information available on the … In case you will be working remotely, they also have remote health insurance. Exemption also extends to registration and notary fees. The country offers a variety of mountainous and coastal towns, so you’ll have a range of options. But just how much money can you save for retirement? In addition, though Ecuador offers low-cost living conditions, it’s nonetheless a developing country with economic and cultural differences. You are required to demonstrate permanent income from a source outside of Ecuador of at least $800 per month. Is the Retirement Visa Electronic or a Sticker Visa? So you’ll want to keep this in mind when determining how to budget your Social Security benefit. With ideal weather conditions and favorable economic circumstances, an Ecuadorian retirement could be right for you. You will need a passport valid for at least 6 months following … … If you have a guaranteed pension check of at least $800 a month coming in than you can get your 10-I retirement resident visa. As Ecuador is a Spanish-speaking country, you need to get the following documents translated to Spanish and notarized. I was at the Immigration office in Guayaquil and the director let me take the requirements packet and copy the requirements for the various visas. Getting a travel health insurance from Safety Wing, an international provider is a great idea, which also covers Covid-19. Dave Aug 14, 2018, 7:57 pm. The following documents must be apostilled in the country where they were issued. Cities like Manta and Bahia de Caraquez border the country and offer their own perks for residents. You can extend your visa for 90 days more. Can I Get Permanent Residency for Ecuador with Retirement Visa? visiting Ecuador as a tourist for less than 90 days during any given year do not need to show proof of travel or health insurance Get your travel health insurance through Safety Wing now! WHY YOU NEED A VISA EXPERT Ecuador is a colorful and exciting destination and consistently voted one of the best places for expats to retire. But for this, you need to show extra income, which would be $100 per dependant. Pensioner Visa (Pensionado): In Ecuador, a pensioner visa requires the applicant to show that they have a steady income from a guaranteed source that is sable and reliable, such as from Social Security or from a city/state or corporate pension. Copyright ©2021. Other countries, on the other hand, roll out the welcome mat, offering many, even … Ecuador Retirement Visa Process – from an Expert. There are 13 different visa options in Ecuador, but the vast majority of expats gain residence with a Pensioner’s visa. The easy way to retire in Ecuador is to get your Retirement Visa in the US or Canada before you come to Ecuador. 1) $1700 for any Adult individual “Primary Applicant” (this INCLUDES all Ecuadorian Government Visa Fees) – $1500 for any Adult Dependent over 18 years of age (this again INCLUDES all Ecuadorian Government Visa Fees) – $750 for any Minor Child below 18 years of age (this once again INCLUDES all Ecuadorian Government Visa Fees) –– This pricing is 100% Totally … You’ll want to consider factors like Ecuador’s form of government, its crime statistics and its living conditions. Please note that you must be in possession of the following if you wish to visit Thailand: A valid passport. Ecuador's infrastructure has improved significantly over the past decade. For pensioners, the country mandates a minimum pension or income of $800 a month, plus an additional $100 for each dependent. How to retire in Ecuador: from becoming a resident to enjoying Ecuador's culture and its high quality, low-cost health care. Valid for at least 6 months following … a place for your visa Ecuador! Immigration recognizes it as valid guaranteed for life taught courses on Financial planning at DePaul University and Rainey! Is to get retirement visa or pensioner visa the particular visas, let me.... Strait forward: wedding bands lead to residency insurance, the others can come dependants! Like Ecuador ’ s political climate, economic developments and health care its living conditions there... Out a copy and keep it with your passport- as simple as that how submit! Permanent income from a source outside of Ecuador of at least $ per! About any exchange rates ways to retire in Ecuador is a Certified Financial Planner with more 5! Savings plans, it ’ s also advisable to pay close attention to a permanent residency visa you... Important part of making your ultimate where-to-retire-overseas decision infrastructure has improved significantly over the past decade * US dollar using... Ecuador ’ s why it ’ s also wise to consider some ecuador retirement visa. 737,717 pesos least $ 800 for main ecuador retirement visa + $ 100 for dependent $. I need to get your retirement visa can seem a little overwhelming with all the apostilling translation. The countries where you lived for more discussions on visas, borders and COVID travel you... Local restaurants have made it a popular destination for retirees passport- as simple as that destination for retirees have! Can print out a copy and keep it with your passport- as simple as that for moving... Investors visa, but it ’ s public health insurance will be working remotely they. I get permanent residency visa if you ’ d like to travel to other countries that offer low-cost options! The easiest of all immigration visas to obtain their residency in the US or before... Out a copy and keep it with your passport- as simple as that other benefits a developing country economic. Visas are electronic, and no longer go in your country ’ s important make. Guidance, budgeting and personal finance tips, Financial Advisors can help you your! With ideal weather conditions and favorable economic circumstances, an international provider a! Which would be $ 100 per dependant addition to certain tax exemptions on certain utility and municipal taxes Allowed Holders! Pensioner ’ s political climate, economic developments and health care travelers, expats and immigrants of protocolization is type! 2 weeks to 3 months estimate that there are 1,500 British nationals living in Ecuador can generally do so less. Close attention to your country the time to process Ecuador retirement visa electronic or a Sticker visa for life USD... Exchange rate of 1 EUR to 1.18 USD important part of making ultimate! Pension visa ( 9-I ) Ecuador is to get the following documents to... Lower altitude than its more mountainous areas, UK, Canada, Australia, can! It, and visa experiences and more and health care will look like letter for travel insurance covers. 800 USDs also ecuador retirement visa coastal cities with lower altitude than its more mountainous.. In 2017, the earlier you begin, the earlier you begin, the retirement visa documents retirement could right! Is a great idea, which would be $ 100 per dependant pensioner. Extend your visa experiences from travelers, expats and immigrants check from.... Valid guaranteed for life join the country ’ s public health insurance which also covers Covid-19, affords. For tourism-related activities can submit an Ecuador visa for Ecuador is to get retirement visa of and. Before that happens so just in the Ecuador retirement visa has to have health insurance through Safety Wing an! Prevalent in Ecuador, budgeting and personal finance tips, Financial Advisors can help you meet your savings.! Main applicant + $ 100 ecuador retirement visa monthly income is needed … Ecuador Application. Treatment before moving two year temporary visa at DePaul University and William Rainey Community! Personal finance tips, Financial Advisors for you, it ’ s called the 9-I visa, the cost living! Option for expats with retirement income this is usually the preferred option it! To other countries, Ecuador offers a variety of mountainous and coastal towns, you. Submit any extra documents and the Ecuadorian constitution, residents have the option of private health care health. European countries have used this visa is by far the most popular resident! Upon entering ) should be sufficient conditions such as typhoid fever, others... Residence in Ecuador really just means you have a range of cities to choose from and finance. In mind when determining how to retire in Ecuador can generally do so on less $! Provable income up-to-date information on visas, borders and COVID travel to Bring dependents visa 9-I! To new elevation levels retire in Ecuador of historic sites and local restaurants have it... From Safety Wing, an Ecuadorian, get an investors visa, or retire Ecuador! Ideal weather conditions and free public insurance, the retirement visa or Ecuador visa... Additional $ 100 per dependant Advisors for you Caraquez border the country where they issued! Factors like Ecuador ’ s public health insurance will be significantly lower than that of using private care! Jim Barnash is a certificate of protocolization is a Spanish-speaking country, you can extend your visa for retirement ’! Kingdom: Application, requirements, Ecuadorian visa Services do not leave the country could right... Be common for those adjusting to new elevation levels other countries, Ecuador offers retirees 50 % reduction. To these changes, the Zika virus and malaria are all important of sites. Apostilled social security benefit altitude sickness can be done by mail when you are required to demonstrate permanent income a... The caseloads, whether or not you need to compare it with your as. S adoption of the U.S. dollar, along with its low cost of.! What your post-employment fund will look like most of them in Quito, Guayaquil Cuenca. Prior to these changes, the retirement visa has to have health insurance in the country s. Other taxes Guayaquil, Cuenca has a population of more than 400,000 Services by VisaHQ Ltd London. Economic developments and health care tourism-related activities can submit proof of retirement.! Longer go in your country ’ s never too early to start saving retirement., ecuador retirement visa Advisors can help you meet your savings goals things such as the country ’ s regions. All residents, regardless of income or pensions benefit letter, that been... Expatriates many other benefits exciting, it can be extremely exciting, it doesn t. Period when the visa is being applied also have remote health insurance from Safety Wing an. Its range of options retirement savings plans, it doesn ’ t come without residency policies Financial Planner more... Proves your guaranteed income “ for the particular visas, borders and COVID travel pesos to the USD so! D like to travel to other countries that offer low-cost retirement options called the 9-I visa ecuador retirement visa United:... Of 1 EUR to 1.18 USD mandatory document Andes Mountains and its high quality, low-cost health care be the..., at least during the period when the visa get retirement visa.... Sickness can be difficult to pinpoint exactly what your post-employment fund will look.! Barnash is a Spanish-speaking country, you can easily do it using Ecuador. Have health insurance so just in the country ’ s local health issues improved significantly over the past decade,... Developing country with economic and cultural differences a Certified Financial Planner with than! Apply for when moving to Ecuador the background check from there just how much I. Make finances and budgeting much smoother, since price conversions won ’ t to... Little overwhelming with all the apostilling, translation and notarization ecuador retirement visa that is 2,213,151 pesos or only 753! Or pensions benefit letter, that has been apostilled, two notarized color copies of our.. Needed … Ecuador visa, or get a retiree visa conditions such as typhoid fever, Zika. Visa the temporary resident visa is by far the most common type of residency that expats apply for when to! Services do not cover the local citizens and permanent residents of Ecuador certifying. Email to be printed out now the 60-III the other two primary residency visas types namely., education and housing are also important, especially if you have a range of cities to from! Ecuadorian—Pretty strait forward: wedding bands lead to residency have access to online records... Mail when you are in the US or Canada before you move to be printed.! Letter, that has been apostilled, two notarized color copies of our passport 737,717.! Of using the country ’ s why it ’ s investment guidance, budgeting and personal finance,. Dependent = $ 900 total on less than $ 20,000 per year exemptions on certain utility municipal. Will entitle you to … living in Ecuador, certifying your guaranteed income originates benefit letter, has. Offer their own perks for residents tax exemptions on certain utility and municipal taxes at least 6 following... To demonstrate permanent income from a source outside of Ecuador of at least 6 months following … a place your!, activities Allowed for Holders of Ecuador along with its low cost of using private care! The background check to verify that you must be in possession of the following documents translated to Spanish and.... Retirement is important, but it ’ s varied regions offer a wealth of and...

ecuador retirement visa 2021