hotel, condo or house for vacation?

Posted on: 23 October 2015

If you are drawn to the warm climate and laid-back atmosphere of Ecuador, you may decide it is the perfect place for your retirement. Just like any major move, preparation is key. This is especially the case when you are moving permanently out of the United States. The following tips can help you plan your move successfully.

Tip #1: Gather Your Documents

You will likely need many documents to make your move easier. You will need to apply for an immigrant visa to Ecuador. If you fill out the visa application in English, you will also need provide a copy in Spanish. All English documents, including birth certificates, marriage licenses, and identification cards will need a Spanish translation attached to the application. A criminal background check will also be necessary. Contact the Ecuadoran consulate that is closest to you for the most up-to-date immigration requirements.

Tip #2: Arrange for Temporary Housing

Unless you plan to spend a lot of time traveling back and forth to look at houses, chances are you won't have a permanent residence right away. Rent an apartment or a home to start with. Real estate agents that specialize in renting to expats are your best option. You can provide them with your short term needs – type and size of housing, cost, and preferred location – and they will find you several options to choose from.

Tip #3: Hold of On Shipping

You may be tempted to ship your belongings to your rental as soon as it is secured, but it's a better idea to put them into storage. Ship down only the bare minimum that you need to be comfortable. Wait to ship everything until after your visa issues are completely settled and your immigration status is completely approved. Then, wait a month or two longer to make sure you really want these items. Often, you can purchase new items in Ecuador for less than you can ship your existing belongings, so you may opt to do that instead.

Tip #4: Begin a Permanent House Hunt

Although it's tempting to begin house-hunting right away, wait for at least six months. This gives you time to get adjusted to Ecuador as a resident instead of as a tourist. If you are still happy with your decision after six months, or even better, a year, then begin looking for your dream home.

Tip #5: Work with a Real Estate Agent

Ecuadorian home ownership and purchasing laws differ from those in the United States. You need a real estate agent, and possibly a real estate lawyer, to help you find legitimate Ecuadorian homes for sale and to ensure that the title and ownership of the property transfers to you properly. Many agents that work with expats keep their own lawyers on staff, or they work closely with a law office. Not only can the agent help you find the perfect home, they can also help you navigate the entire purchasing process.