Ecuador Tax


Ecuador tax benefits can help you smell the roses.

This was my thought as we viewed property on our recent Ecuador real estate tour.  My mind was not on the taxes, but on the flowers as I viewed the flora at just one river house we visited.   Gardening is a favorite hobby and Ecuador is an amazing place for flowers.  Everything grows…and fast!

This house sits on the Chone estuary.  The building is a dog, probably a tear down…but its on the river with this view and…

ecuador-beach-property a boat dock.

The gardens have such potential.  I shot some pictures of delegates under the mature trees…

Ecuador-beach-property

Bougainvilla

Ecuador-beach-property

of numerous colors.

Ecuador-beach-property

twenty feet tall

Ecuador-beach-property

Azelea

Ecuador-beach-property

Firecrackers

Ecuador-beach-property

What a nice place to garden and smell the roses…and other plants.

To do so is much easier because of two huge Ecuador tax breaks.

First Ecuador does not tax income earned abroad.  So those on a corporate pension or Social Security can live in Ecuador and spend it all because there is no Ecuador tax on that income.

Furthermore there is no capital gains on the occasional real estate sale.

Just like in the US, if you make a business of  buying and selling cars or real estate you become a dealer and may be taxed.

If you just buy a property once in awhile and sell for a profit…even though it could be a large profit…there is no Ecuador tax liability.

So one can live in Ecuador on a pension ($1,000 a month is the minimum for residence). They can supplement the pension by keeping an eye open for the once-in-awhile real estate deal…earning it all tax free from an Ecuador point of view.

We saw low cost living in Cotacachi and Ecuador coastal low cost living in our last two messages.

This low cost of living and Ecuador’s tax benefits make it much easier for those of us who like to garden…to grow and smell the roses!

Gary

Join us in Cotacachi in February when our courses focus on health and wealth.

Merri, our webmaster and I have created a new course on how to build a web business with a webmaster.  Here is a special offer on this new course.

You can enroll in this special course for $299. However if you sign up for all three courses in February or March 2009, I will send it to you free. You save $299.

Sheri Clary will be at our February courses and available for consultations about bio-identical hormones. Our February Cotacachi schedule is:

Feb 9-11 Beyond Logic Keys to More Wealth & Better Health

Join Merri, me and Blaine Watson, plus enjoy a shamanic ceremony in the Cotacachi Shamanic Valley.

Feb. 13-15 International Business & Investing Made EZ

Join Merri, me and Peter Laub of Jyske Global Asset Management at OUR INTERNATIONAL INVESTING & BUSINESS COURSE IN ECUADOR. We review economic conditions, Ecuador real estate, my entire portfolio plus investing and business ideas for the months ahead.

Feb. 16-17 Imbabura Real Estate Tour

March 8-9 Imbabura Real Estate Tour

March 10-15 Ecuador Import Export Expedition

March 16-19 Ecuador Coastal Real Estate Tour

Bob Shane will be at our March course and will be available to provide health balancing.

Get our web based course FREE if you join us in Ecuador this February or March.

Attend any two Ecuador courses or tours in a calendar month…$949 for one.  $1,349 for two

Attend any three Ecuador courses or tours in a calendar month…$1,199 for one.  $1,799 for two

Future 2009 courses

May 29-31  JGAM Global Asset Strategy Seminar

June 12-14 Shamanic Mingo Tour
June 16-17 Imbabura Real Estate Tour
June 18-21 Ecuador Coastal Real Estate Tour

July 3-6 Ecuador Import Export Expedition
July 8-9 Imbabura Real Estate Tour
July 10-13 Ecuador Coastal Real Estate Tour

July 24-26 IBEZ North Carolina

Sept. 17-21 Ecuador Spanish Course
Sept. 23-24 Imbabura Real Estate Tour
Sept. 25-28 Ecuador Coastal Real Estate Tour

Oct. 9-11 IBEZ North Carolina

Oct. 21-24 Ecuador Import Export Expedition

Nov. 6-8 IBEZ Ecuador
Nov. 9-10 Imbabura Real Estate Tour
Nov. 11-14 Ecuador Coastal Real Estate Tour



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