Are foreigners allowed to own property in Ecuador?
When we asked expats in Ecuador if foreigners are allowed to own property, they answered...
"Yes, foreigners are allowed to own property in Ecuador. The Ecuadorian Constitution guarantees the right of foreigners to own real estate in the country, as long as they are legally registered with the Ecuadorian government. Foreigners must obtain a cedula, or national identification card, in order to purchase property in Ecuador. This process is relatively straightforward and can be completed with the help of a lawyer or real estate agent. Additionally, foreigners are subject to the same taxes and regulations as Ecuadorian citizens when it comes to owning property," remarked another expat who made the move to Ecuador.
Other Questions:
- What do I need to know before retiring in Ecuador?
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- Is the cost of living in Ecuador high?
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- Where will I buy groceries and do other shopping in Ecuador?
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- Are foreigners allowed to own property in Ecuador?
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Are foreigners allowed to own property in Ecuador?
If you live in Ecuador, newcomers to Ecuador would love to hear your answer to this question:
About the Author
Joshua Wood, LPC is one of the Founders of InternationalTravel.ai and serves as Co-President of Expat Exchange. Prior to Expat Exchange and InternationalTravel.ai, Joshua worked for NBC Cable (MSNBC and CNBC
Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist. Connect with Joshua on LinkedIn.
