Retirement in Ecuador

Ecuador Visa and Residency Information There are a number of ways to become an Ecuadorian resident and the process is fairly straightforward. Although you submit your immigrant-status visa application at the Ecuadorian consulate nearest your former residence, it is, in fact, approved through the Ministry of Foreign Relations, so expect the approval process to take four to eight weeks. Visa applications for your dependents, however, can be processed directly by the consulate once your application has been approved. We strongly recommend that you hire an Ecuadorian immigration attorney to help you navigate the visa process. Contact your attorney for the latest. Staying in Ecuador on a Tourist Entry When you first enter Ecuador, you will receive a T-3 tourist stamp in your passport, allowing you to stay in the country for 90 days. If you wish to stay more than 90 days within a year, go to an Ecuador consulate in your home country and apply for the 12-IX visa often referred to as a Tourist, Commercial or Sports Visa> This visa allows you to stay in the country for up to 180 days in a year. If you are planning to apply for permanent residency, you are required to have the 12-IX visa when you file your application. Why Get a Resident Visa? While both non-resident and tourist visas can keep you in the country for a while, only the resident visa will allow importation of your goods duty free. Also, the tourist visas given upon entry have cumulative time limits per calendar year that cannot be reset by leaving and entering the country. Resident visas can be obtained while in Ecuador on a tourist visa, but the process can be much simpler at consulate back home if you’re doing it yourself. If you’re using an attorney, the process is even easier, and they can deliver your visa to you here in Ecuador, or have it sent to you in your home country (via the consulate) before you depart. Absences From the Country The resident visas outlined below will grant you permanent residency. That means you’ll be allowed to come and go from Ecuador as you wish. However, you can’t be absent from the country for more than 90 days per year during the first two years of your residency, nor more than 18 consecutive months after your second year of residency. Different Resident Visas: 9-I: Pensioner Visa This visa is intended for retired persons who receive pensions from their native countries (pension from a stable source, at least $800 per month). Also for an annuity recipient or trustee who will live on cash deposited in the Central Bank of Ecuador or on income from a trust. In the case of a deposit or trust, the amount must be that which would result by multiplying the monthly minimum over a period of five years. This amount may vary from $800 monthly and will be determined by the Immigration Advisory Board. 9-II: Investor of Real Estate or Securities Visa This is for real estate and securities investors who are investing at least $25,000. 9-III: Industrial Investor Visa For investors in industry or investors who wish to export agricultural products, livestock, or minerals, provided they bring capital the equivalent of at least $30,000. 9-IV: Legal Representative, Work Visa, or Religious Visa Intended for foreign local agents who possess unlimited power of attorney to represent a company in Ecuador, provided that 80% of the company’s local personnel are Ecuadorian. Also technicians or technical experts under indefinite work contract with a company established in Ecuador, and members of religious organizations. (An indefinite work contract is one that does not have a specified term.) 9-V: Professional Visa For professionals with university degrees recognized by a national university who wish to practice their profession in Ecuador. Should the applicant’s profession not exist in Ecuador, the degree must be locally certified. The applicant must also fulfill the Ecuadorian requirements for such practice, such as bar exams, etc. 9-VI: Economic Dependence Visa This is for individuals economically dependent on a spouse or a blood-related family member with an approved immigration visa. Requirements for Residency The requirements to obtain a visa to live as a resident of Ecuador are relatively simple, and the process can be done by anyone if you’ve got a bit of attention to detail. Alternatively, there are some good attorneys who can do all the paperwork for you for a fee. But remember, you’re still going to have to dig up any required information. In general, keep the following requirements in mind: All documents submitted for this process must be originals or certified (notarized) copies. · Documents provided by the applicant must be obtained only from the responsible U.S. authorities, and authenticated by the Ecuadorian Consul · Documents must be legally translated into Spanish if not already in Spanish · If you’re changing visa status while in Ecuador (for example, going from a tourist visa to a resident visa) the application and associated documents must be submitted no less than 30 days prior to the expiration of the visa that you currently have · You must register your home address with immigration authorities, and report any change of address while living in Ecuador. All applications for resident visas require the following to be submitted: · A visa petition addressed to the Director General of Extranjería, signed by the applicant and an attorney · A completed form ” Solicitud de visa de inmigrante” for the appropriate visa type · Two notarized copies of an up-to-date passport, with the notary attesting to the fact that its status is legally current · A completed form ” hoja de datos para la cédula” (a data sheet, subsequently used for your identity card) · Two current passport size photos, in color with white backdrop · Visa fee of $350. About the fee: These fees are current as of April 2010. In addition to the six items above, there are additional submittals required depending on the type of visa you’re asking for: 9-I: Pensioner Visa · Retirement documents showing a stable income of at least $800 monthly, certified to be correct by the party responsible for the source of the funds, and authenticated by the Ecuadorian Consul in your country of origin · Certification by Ecuadorian Consul that the funds are no less than $800 monthly for the applicant, plus an additional $100 for each dependent. Note: the required income level is subject to change.

Published
Retirement in Ecuador
Location: Quito, Pichincha, Ecuador
Languages: English, Spanish
Description: Ecuador Visa and Residency Information There are a number of ways to become an Ecuadorian resident and the process is fairly straightforward. Although you submit your immigrant-status visa application at the Ecuadorian consulate nearest your former residence, it is, in fact, approved through the Ministry of Foreign Relations, so expect the approval process to take four to eight weeks. Visa applications for your dependents, however, can be processed directly by the consulate once your application has been approved. We strongly recommend that you hire an Ecuadorian immigration attorney to help you navigate the visa process. Contact your attorney for the latest. Staying in Ecuador on a Tourist Entry When you first enter Ecuador, you will receive a T-3 tourist stamp in your passport, allowing you to stay in the country for 90 days. If you wish to stay more than 90 days within a year, go to an Ecuador consulate in your home country and apply for the 12-IX visa often referred to as a Tourist, Commercial or Sports Visa> This visa allows you to stay in the country for up to 180 days in a year. If you are planning to apply for permanent residency, you are required to have the 12-IX visa when you file your application. Why Get a Resident Visa? While both non-resident and tourist visas can keep you in the country for a while, only the resident visa will allow importation of your goods duty free. Also, the tourist visas given upon entry have cumulative time limits per calendar year that cannot be reset by leaving and entering the country. Resident visas can be obtained while in Ecuador on a tourist visa, but the process can be much simpler at consulate back home if you’re doing it yourself. If you’re using an attorney, the process is even easier, and they can deliver your visa to you here in Ecuador, or have it sent to you in your home country (via the consulate) before you depart. Absences From the Country The resident visas outlined below will grant you permanent residency. That means you’ll be allowed to come and go from Ecuador as you wish. However, you can’t be absent from the country for more than 90 days per year during the first two years of your residency, nor more than 18 consecutive months after your second year of residency. Different Resident Visas: 9-I: Pensioner Visa This visa is intended for retired persons who receive pensions from their native countries (pension from a stable source, at least $800 per month). Also for an annuity recipient or trustee who will live on cash deposited in the Central Bank of Ecuador or on income from a trust. In the case of a deposit or trust, the amount must be that which would result by multiplying the monthly minimum over a period of five years. This amount may vary from $800 monthly and will be determined by the Immigration Advisory Board. 9-II: Investor of Real Estate or Securities Visa This is for real estate and securities investors who are investing at least $25,000. 9-III: Industrial Investor Visa For investors in industry or investors who wish to export agricultural products, livestock, or minerals, provided they bring capital the equivalent of at least $30,000. 9-IV: Legal Representative, Work Visa, or Religious Visa Intended for foreign local agents who possess unlimited power of attorney to represent a company in Ecuador, provided that 80% of the company’s local personnel are Ecuadorian. Also technicians or technical experts under indefinite work contract with a company established in Ecuador, and members of religious organizations. (An indefinite work contract is one that does not have a specified term.) 9-V: Professional Visa For professionals with university degrees recognized by a national university who wish to practice their profession in Ecuador. Should the applicant’s profession not exist in Ecuador, the degree must be locally certified. The applicant must also fulfill the Ecuadorian requirements for such practice, such as bar exams, etc. 9-VI: Economic Dependence Visa This is for individuals economically dependent on a spouse or a blood-related family member with an approved immigration visa. Requirements for Residency The requirements to obtain a visa to live as a resident of Ecuador are relatively simple, and the process can be done by anyone if you’ve got a bit of attention to detail. Alternatively, there are some good attorneys who can do all the paperwork for you for a fee. But remember, you’re still going to have to dig up any required information. In general, keep the following requirements in mind: All documents submitted for this process must be originals or certified (notarized) copies. · Documents provided by the applicant must be obtained only from the responsible U.S. authorities, and authenticated by the Ecuadorian Consul · Documents must be legally translated into Spanish if not already in Spanish · If you’re changing visa status while in Ecuador (for example, going from a tourist visa to a resident visa) the application and associated documents must be submitted no less than 30 days prior to the expiration of the visa that you currently have · You must register your home address with immigration authorities, and report any change of address while living in Ecuador. All applications for resident visas require the following to be submitted: · A visa petition addressed to the Director General of Extranjería, signed by the applicant and an attorney · A completed form ” Solicitud de visa de inmigrante” for the appropriate visa type · Two notarized copies of an up-to-date passport, with the notary attesting to the fact that its status is legally current · A completed form ” hoja de datos para la cédula” (a data sheet, subsequently used for your identity card) · Two current passport size photos, in color with white backdrop · Visa fee of $350. About the fee: These fees are current as of April 2010. In addition to the six items above, there are additional submittals required depending on the type of visa you’re asking for: 9-I: Pensioner Visa · Retirement documents showing a stable income of at least $800 monthly, certified to be correct by the party responsible for the source of the funds, and authenticated by the Ecuadorian Consul in your country of origin · Certification by Ecuadorian Consul that the funds are no less than $800 monthly for the applicant, plus an additional $100 for each dependent. Note: the required income level is subject to change.
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