HELP

by Iris
(Middletown PA USA)

I have just had my insides torn out. I found out from a Canadian friend of mine who is moving to Cuenca later this year that she must come up with almost $9,000 in cash in order to get into the country. She went to the Toronoto Ecuadorian Embassy to apply for her Visa. The most of which is $5,000 in the bank to live on for several months. I will be 66 in January and planned on retiring after my 66th birthday. However now I don't know if I can. I'll never be able to get that kind of money. I live pay to pay. I feel like my dream that I had for four years is broken.
PLEASE can someone tell me it is different for Americans.
I'm now upset and very desperate. Please reach me at irislhiggins@yahoo.com

Iris


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Sep 16, 2013
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relocating
by: Anonymous

for answers regarding relocation of household goods - please inquire with the link "Relocation" on the left side of this forum - know that you know you don't have to have millions of dollars to move here.

Apr 26, 2013
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Your post for HELP
by: Anonymous

As I understand it, and I am in the throws of moving myself and my wife to Ecuador, if you have $800 (net) to yourself and $100 for each additional dependent you should be OK, but it would pay to remember the word (net) i.e. if you have payments on vehicles, or mortgages or other financial commitments to pay in Canada or the USA those amounts from what I understand, will be deducted from the gross figure you have available. The Ecuadorian consul in Vancouver told me that you could have a bulk some of $1,000,000, but that would not cut is because you could make a bad investment or lose it in a casino in one night, then, you would become a liability. That's why they want a net figure and a guaranteed amount of income that will not stop. Are you sure your friend it applying in the right category?



Apr 23, 2013
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Update on Pension Visa
by: Retire in Ecuador

Hola Iris,

We have just updated information re Pension Visa. Please take a look at the following link http://www.retire-in-ecuador.com/pensioner-visa-ecuador-requirements.html

Saludos and best of luck in your endeavours.

Retire in Ecuador

Apr 23, 2013
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Thank you
by: Iris

Thank you so much Charles. I knew it didn't sound right.
Iris

Apr 22, 2013
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Required Pension for Pensioner
by: Charles

According to my research if I decide to live in Ecuador I need to prove to the Ecuador Embassy I have a pension of at least $800 a month.

I have not seen anything that states you have to have a minimum amount of money in the bank.

One individual indicated he had no pension but a large 401K of which you can place in a fund that will provide evidence of a pension of $800 a month to himself.

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.


Good luck.

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