Friday, 12 July 2024 17:24 99
Category: Local News
AA
QSBEZXRhaWxlZCBHdWlkZSBmb3IgVVMsIFVLLCBhbmQgQ2FuYWRpYW4gQ2l0aXplbnM=

Your Pathway to Residency in Ecuador

A Detailed Guide for US, UK, and Canadian Citizens

Are you considering a move to Ecuador? Thrift Marketplace comprehensive guide provides all the essential information you need, from understanding Visas and Residency Options in Ecuador

For citizens of the US, UK, Canada, and several other countries, the application process for Ecuadorian visas is relatively straightforward. If you plan to stay for more than 90 days, you must apply for a Temporary Resident Visa (TRV). This visa is valid for up to two years and can be renewed.

Application Process:

  • You must apply at an Ecuadorian consulate in your home country. The process typically takes between two to three months.

Required Documents:

  • You’ll need to provide a valid passport, a completed application form, proof of health insurance, and other documents such as proof of financial status.

Fees:

  • The application fee is approximately $50, with an additional $400 for the visa itself.

Translation Services:

  • If you’re not fluent in Spanish, expect to pay around $300 for translation services.

Types of Temporary Resident Visas:

Investor’s Visa

  • Requirements: Proof of a minimum investment of $45,000 in an Ecuadorian bank or real estate.

Digital Nomad Visa

  • Requirements: Provide services outside of Ecuador and have earned a minimum of USD 1,275 per month in the last three months or a total of USD 15,300 over the past year.

Retirement Visa

  • Requirements: Must be at least 65 years old with a $1,275 per month. Additionally, you must have an extra $250 for each dependent.

Professional’s Visa

  • Requirements: A degree from a recognized university and a job offer or contract from an Ecuadorian company.

Regular renewal of your visa is essential to maintain your legal status in Ecuador. After living in Ecuador for 21 months on a Temporary Resident Visa, you can apply for a Permanent Resident Visa.