Tag Archive | "Pichincha"

Quito and Mindo Real Estate Tour


Quito and Mindo Real Estate Tour.

Prices for real estate in Quito and the surrounding valleys are still low.  For example below you can see brand new 861 square foot three bedroom condos for $29,999.

Carlos Tobar, who is conducting our Quito and Mindo real estate tour, just sent me this note.


quito-real-estate-for-sale

Gary, Quito real estate offers outstanding quality, alternatives and value for expatriates visiting Ecuador.

The picture above shows a shot of the more modern, northern part of Quito, with the impressive Pichincha in the background.

The city is a world heritage renowned for its historic downtown, the largest Spanish colonial town in South America.  The historic colonial city center offers several real estate opportunities, nested in this most impressive colonial ambiance.

However, Quito is characterized as a city of diversity.  The city is over 30 miles long while not  much more than a few miles wide.

The north is more modern, home to most of the banking sector and large business, as well as the more expensive neighborhoods.  The south is more
commercial, with less expensive neighborhoods.  Quito also boasts its surrounding valleys such as the valleys of Tumbaco, Los Chillos, Calderon and Pomasqui.  Here is a map.

quito-real-estate-for-sale

Our Quito – Mindo tours will take us to see opportunities in old town Quito.  We will look at
properties in the northern business sector of Quito, such as these condos located in the
heart of the business, banking and hotel sector of Quito:

quito-real-estate-for-sale

Prices in a modern brand new building such as this are about $64,000 for a 572 square foot
condo.

The general floor plans of the condos are as follows:

quito-real-estate-for-sale

As you can tell, Quito offers both modern and classic architecture.  It also offers a wide variety
of prices, depending on what you may be looking for.

For instance, we will also visit this development:

quito-real-estate-for-sale

It is located in the Valley of Pomasqui, very close to the zero latitude “middle of the world”.

This energetic center was known even as far back as the Incas, and they were so drawn to it
that they were not satisfied until they made it part of their empire.

quito-real-estate-for-sale

Comfortable and quality town houses are available in this  complex
starting for US$ 29,999 for a cozy 861 square foot 3 bedroom unit.  Here we have a
few shots of the interior of these properties (the furniture is that of the model home but is not
included in the sales price):

The living room

quito-real-estate-for-sale

The dining room leading to the kitchen area

quito-real-estate-for-sale

The bed room comfort

quito-real-estate-for-sale

As part of our continuing tasting of the variety Quito has to offer, delegates who will attend the
Quito-Mindo tour will visit the higher end project as well, located where the new airport is being built.

quito-real-estate-for-sale

The project lies next to a renowned Golf and Country Club.

It boasts 3.5 acres of green communal areas, fresh air, a privileged micro-climate, in an
exclusive, high-appreciation sector.

quito-real-estate-for-sale

The project is made up of 99 lots to be sold in 2 stages.  Each lot owner will be allowed to build
a single home in each lot, sized 240 m2 or 300 m2 (approximately 2,550 ft2 and 3,200 ft2,
respectively), following general architectural guidelines set forth in the purchase documents.

quito-real-estate-for-sale

Lot prices start at $54,000 for lots that begin at 5,200 square feet.

Our Quito – Mindo tour also offers you the possibility to travel outside of Quito, to the north-
western part of the Province of Pichincha.  We will visit the Mindo area, known for its abundant
bio-diversity (just Google “Mindo” to find out more about this bird-watchers and ecotourism
paradise).

quito-real-estate-for-sale

Mindo is an ecotourism hotspot where nature enthusiast can find plenty of activities and enjoy
their natural surroundings.

quito-real-estate-for-sale

There we will visit the project Arboretto Riverside Villas (ARV), a novel concept in ecotourism
presold villas.   ARV is made up of 36 custom homes, to be built within an extension of 25
acres.   We have built the first model home in ARV, which we will be able to visit during our
tour.

quito-real-estate-for-sale

Prices start at $150,000 for a 1,300 square foot custom home built on a lot of an average of
10,000 square feet.

quito-real-estate-for-sale

The key characteristic of these homes is their transparency and the way
they are immersed in nature:

quito-real-estate-for-sale

Each house has its own outside Jacuzzi, literally allowing you to enjoy nature in the warmth of
your own deck.

quito-real-estate-for-sale

In summary, Quito and the Mindo area have a great deal to offer to those who are looking for a
modern, city life-style as well as to those of you who enjoy a more relaxed way of life in a
smaller town (without being out of reach of the big city).

This is just one more example of Ecuador’s diversity and this tour will provide you the
opportunity to experience the many faces that Quito and Mindo have to offer.   We look forward
to sharing this experience with you.  Regards Carlos.

Our January Quito Mindo real estate tour is full but there is still time to join this tour in February.

Enroll in our Quito / Mindo Ecuador Real Estate Tour here. $499. Couple  $749.

Join us at a seminar or tour to share ways to invest, do business and live that protect as they provide joy, satisfaction, better health and enhanced wealth.

Join us in February or March.Feb. 11-14   Quantum Wealth Florida -International Investing & Internet Business, Mt. Dora, Fl.

February 15-16 Travel to Quito and tour Quito

February 17     Travel Quito to Manta

February 18-19  Manta & Mid Coast Real Estate Tour

February 20 Travel Manta to Cotacachi

February 21-22 North Andes, Imbabura & Cotacachi Real Estate Tour

February 23-24  Quito & Mindo Real Estate Tour

February 25 Travel Quito Cuenca

February 26-27  Cuenca Real Estate Tour

March 2010

March 11-14     Super Thinking + Spanish Course, Mt. Dora, Fl.

March 15    Travel to Quito

March 16 Travel Quito Cotacachi

March 17-18  North Andes, Imbabura & Cotacachi Real Estate Tour

March 19-20    Cotacachi Shamanic Tour

March 21  Travel Cotacachi to Manta

March 22-23   Manta & Mid Coast Real Estate Tour

March 24 Travel Manta to Cuenca

March 25-26 Cuenca Real Estate Tour

March 27  Travel Cuenca to Salinas

Mar. 28-29   Salinas & South Coast Real Estate Tour

There is one week left to gain the largest savings on our Ecuador tours.

The Ecuador airfare war makes it cheaper to get to Ecuador than ever before… and there is still time to enjoy great Ecuador tour savings.

You enjoy discounts by attending multiple seminars and tours. Here are our multi tour adventure discounts.

Two Pack… 2 seminar courses & tours $998 Couple  $1,349 Save $149 on couple

Three Pack… 3 seminar courses & tours   $1399 Couple  $1,899 Save $98 single or $348 on a couple or more

Four Pack… 4 seminar courses & tours   $1,699 Couple $2,299 Save $98 single or $697 on a couple or more

Five Pack… 5 seminar courses & tours  $1,999 Couple $2,699 Save $496 single or $1,046 on a couple or more

Six Pack… 6 seminars courses & tours  $2,199 Couple $3,099 Save $795 single or $1,395 on a couple or more

Even Better.  Greater Savings. Our 2010 International Club membership allows you and a guest to attend as many of the 51 courses and tours we’ll sponsor and conduct in 2010  (fees would be $40,947 for all these courses individually) is only $2,999.

The International club fee rises to $3,500 January 25 2010. Enroll in the International Club now at the original fee of $2,999. Save $501 extra before January 25, 2010.

Because holiday expenses often tighten the winter cash flow, you can enroll with three monthly payments… $1,025 in January… $1,025 in February and $1,025 in March 2010.

If you join the International Club, the entrance fee for 2010 is $2,999 (until January 2010).  Your attendance fees at all courses will be waived. You and a guest of you choice can attend courses worth $40,947.You can calculate the savings as our schedule of all 2010 courses here.
International Club 2010 Membership $2,999 Enroll here

Ecuador Banking & Currency Excerpts


Ecuador banking for gringos can be made easy.

You can use banks like this without even opening a bank account.  We’ll see why in a moment.  First…

Ecuador-multi-currency-atm

First this is day three in Ecuador health week.

Ecuador Health Tip #3  is to simply eat more simply and eat less.

Good nutrition is a vital part of good health. But what nutritionally is right?

Having lived around the globe, I have learned so many schools of thought on nutrition (starting with McDonald’s my primary food provider when in high school and I’m still paying for that bad habit) to shamanic Andean nutritional routines., that my head spins when I think about it. Plus Merri and I nrolled in a doctorate degree program (not for the degree but the knowledge) on holistic nutrition.

Program for Health

The problem is, the more one reads, the more the experts seem to contradict themselves! Some say eat raw, others only cooked. Some say something is good others bad and the list of conflicts goes on and on.

Many of them are right, but the crunch is they are only right part of the time, or in some instances or only if an entire program is followed. And of course, most of them don’t take into account body types, which for us is of utmost importance.

Merri’s and my program for health falls into three categories-nutrition, exercise, consciousness and purification. The three parts are so intertwined that one cannot look at any one of them totally alone.

These categories wrap around themselves in every material and consciousness aspect of health. For example, what we watch on TV is a consciousness aspect of nutrition. Our entire being has to digest what we watch, see and hear. So what we see is a type of nutrition. What we see, hear, smell, feel and taste as we eat (and even before a meal) also impacts the digestion of food. Digestion works with every sense and affects the nutrition we receive.

So the rule of KEEP IT SIMPLE seems to be one that almost all the systems I have blundered across agree on.

Certainly a secret of slowing the aging process is do not eat too much!

This sounds so simple but the fact is almost every diet book in the world tiptoes around this simple fact. Many claim you can eat as much as you want on a diet. Rubbish. The only way that scientific research has ever shown to live a longer life is by cutting back calories.

Biologist Siegfried Hekimi learned how to lengthen the average lifespan of tiny transparent worms from 15 to 20 days (the equivalent of increasing a human lifespan from 75 to 100) and confirmed what many scientific studies have found. There is a link between metabolism and lifespan. Eating less can slow the metabolism down.

Our Andean shaman stressed this fact in many ways.  As mentioned in tip #2, I once asked him his most important rule for nutrition. “Eat only on an empty stomach,” was his reply.

This is hard to do if you eat too much. Your blood sugar rockets (from all the food). This causes your adrenalin to kick in to keep the blood sugar in balance. This causes the blood sugar to plummet. This makes you hungry way before the body has had a chance to digest its meal.

There are more reasons. The body is very adept at confirming to our circumstances by creating habits. We eat a lot and the stomach is stretched. The body worries about this and grows the stomach. The bigger stomach instills the habit for more food to fill it. Habits are hard to break except because we are subject to the law of diminishing returns, we want to eat more and more and more.

That’s a universal rule. Let’s look at some specifics. The Andean nutritional system keeps a good fat, protein carbohydrate balance. The Andean shamanic health diet  does not mix sweet with salt. They avoid fermented foods and divide foods into three group: sweet, savory and neutral. You can mix sweet and neutral or salt and neutral but not sweet and savory.

Melon and pineapple are only eaten alone. The Shamanic way is to have light sweet meals morning and evening and full savory meal at noon.

Keeping life simple makes sense when it comes to Ecuador living and banking.   This excerpt of a full report on Ecuador banking, just sent to our Ecuador Living subscribers shows why. Here is the excerpt.

Ecuador’s currency is the US dollar so no currency exchange is required coming or going.  This makes banking easy to begin…but how can one operate money wise on a day to day basis.

There are several ways to bank in Ecuador without having an Ecuador bank account.

Let me add to begin.  I do not trust Ecuador banks. I  lost a fair amount of money in Ecuador banks when they crashed in 1999.  Once bitten twice shy.  plus it is hard for anyone without a resident visa (which Merri and I do not have nor desire) to open an Ecuador bank account.   There are better ways.

One way is  to use ATMs.  Merri and I never had an ATM card in the US but found that this is a good way to access cash here. We also have a safe in all our rooms in Meson de las Flores. Most  hotels  offer free safety deposit boxes so when we arrive, we just put all our cash, wallet with credit cards and passports in our safe box. Then we just have a bit of cash like $20 or so in our pockets.

Ecuador ATM’s

Merri and I live off of ATMs in Ecuador for our day to day cash needs..

ATM’s are in almost every village in Ecuador and are compatible with international credit cards.

Visa credit cards work at ATMs operated by Bank of Guayaquil, Pichincha, Produbanco and Banco Pacífico. Each ATM shows the logos of which cards can be used on that machine. We use our regular ATM cash card issued by our Florida bank at this Bank of Pichincha branch (shown above) on Cotacachi’s second smaller plaza.

Ecuador-multi-currency-plaza

The plaza is pristine because it is maintained by the bank.

Ecuador-multi-currency-atm-sign

The bank is next to the police station and the second smaller Cathedral.

Ecuador-multi-currency-atm-cathedral

Bes ure to see further on what they are doing behind the bank.  There are two Cathedrals in Cotacachi and one bank…a nice ratio.

However there are three Cotacachi ATMs. The other two are on the main street 10th of August. Here is one of them…the newest of the three.

cotacachi-road-work

We are allowed to take $500 a day from the Pichincha ATM and $300 a day from the others.

Jyske ATM Banking in Ecuador

One nifty way to combine global investment management bank and your cash needs in Ecuador is through Copenhagan with Jyske Bank’s VISA debit cards.

This card makes it easy to access cash from your Danish bank account.

Why a Danish bank?  As mentioned earlier I do not trust Ecuador banks. On the other hand Danish banks are among the safest in the world.

First let’s examine safety.  How safe?

In recent years Denmark has been rated by Standard & Poor’s as one of the safest country in the world in which to bank.

Jyske Bank is well established with a history of over 100 years. Jyske is Denmark ’s second largest bank, with 450,000 clients in Denmark and over 30,000 abroad.

Jyske Bank has over 23 billion euros in assets and also happens to be one of the leading currency traders in the world. Many other large banks use Jyske to handle their off hour currency positions. This means that Jyske is huge when it comes to multi currency activity. In fact their turnover reaches $50 billion dollars a day.

Bank Safety Point #1: A recent Yahoo Canada article shows a survey by the World Economic Forum listed five safest countries in which to bank.

Canada
Sweden
Luxembourg
Australia
Denmark

So Denmark is a safe place to bank. Now let’s look at Jyske Bank’s safety rating.

Bank Safety Point #2: On October 10 2008, Moody’s affirmed Jyske Bank’s long-term Aa2 rating. This decision came despite the deteriorated economic prospects in Denmark, particularly in respect of the property market.

Bank Safety Point #3: Also on Friday 10 October 2008, the Danish Parliament passed a bill that secured all deposits and unsecured claims against losses in Danish financial institutions. The rating of the Kingdom of Denmark is Aaa/AAA with Moody’s and Standard & Poor’s respectively.

The people at Jyske are common sense bankers. They had minimal sub prime exposure when that scandal broke. Jyske had zero Madoff exposure.

That’s safe!

How about service?  First of all,  Jyske can manage your wealth. For anyone with $50,000 or more to invest Jyske can buy, sell and hold investments from all over the world, stocks, liquid assets, bonds and commodities. They provide full managed or advisory only services.  They even lend in multiple currencies to leverage investments for investors with $100,000 or more.   Almost no bank in North or Latin America can do this.

Once you have Jyske caring for your wealth, they can then provide a steady stream of cash when you need it…via a global debit card.

Jyske Ecuador & Global Service.

Even US clients who have managed accounts at Jyske Global Asset Management  (JGAM) can have a VISA debit card.

JGAM opens a specific on demand account with Jyske Bank so funds can be made available via the card.

These cards can provide access to cash anywhere in the world…including Ecuador.

Here is Cotacachi’s third ATM.

cotacachi-road-work

Jyske offers three different cards to match different needs.   Each type of card provides considerable flexibility.

You can choose to have the card denominated in a number of currencies based on your choice.  An account is created at Jyske bank in the same currency. No matter the account currency,  the cards can be nominated in euro, US dollar,  British pound, Swiss franc, Swedish or Danish kroner.

If you have have dollars invested and are drawing dollars in Ecuador, you can eliminate forex costs by nominating your card in US dollars.

For more information US investors contact Thomas Fischer of Jyske Global Asset Management at fischer@jgam.com

Non US investors contact Rene Mathys of Jyske Bank at mathys@jbpb.dk

You can read the entire report on how to protect against Ecuador banks, Ecuador bank fees and access money in Ecuador …to pay bills, live and invest  etc. as an Ecuador Living subscriber.

Keeping your investing simple in these complex and difficult times can also be easy as the excerpt below form our multi currency course explains.  Here is the excerpt.

Inflation…to be or not to de… Deflate that is. That is the question…we must answer to invest correctly in the days ahead.

I lean further towards inflation over deflation each day.  We can see it coming…governments (led by the USA) spending so much money they do not have, that currencies lose purchasing power.

Here is another inflationary note from the New York Times in an article yesterday that said:

President-elect Barack Obama plans to include about $300 billion in tax cuts for workers and businesses in his economic recovery program, advisers said Sunday, as his team seeks to win over Congressional skeptics worried that he was too focused on government spending.

The legislation Mr. Obama is developing with Congressional Democrats will devote about 40 percent of the cost to tax cuts, including his centerpiece campaign promise to provide credits up to $500 for most workers, costing roughly $150 billion. The package will also include more than $100 billion in tax incentives for businesses to create jobs and invest in equipment or factories.

This may seem like really good news for business, but bad news for the US dollar and hence inflation.   Spending that is not matched by production is inflationary.

For most people, this is bad.

Yet inflation creates fortunes for those of us who know what to do.

There are three ways to profit and stay ahead of inflation. Multi currency investments in distorted shares….distorted commodities and distorted real estate.

TO KEEP MY GLOBAL INVESTING SIMPLE, I BREAK DOWN MY INVESTMENTS INTO THREE PORTIONS, personal…pension…and property.

Yesterday’s lesson looked at my current personal investments to see how I am reacting to this scenario.  We saw that our current asset  breakdown in our personal liquid portfolio is:
Cash Accounts 36%
Bonds 64%

This cash and bonds have a currency breakdown of

Canadian dollar       9%
Euro                         18%
British pound          3%
Hungarian florin   19%
Norway Kroner        9%
NZ dollar                   9%
Sweden kroner       26%
US dollar                   8%

We asked …why all cash and bonds if I believe in inflation?

You may even wonder more when you see  my pension portfolio breakdown.
The asset breakdown of my pension liquid investments are:

This portfolio is more aggressive than my personal liquid portfolio, with shares, emerging shares and emerging currencies.

You can see my pension portfolio breakdown and why I  keep the investments with the lowest potential profit in my personal account since profits and the high risk investments in my pension as a Multi Currency Portfolio Course

Until next message, may all your money be easy to access in a simple way!

Gary

Join us at a course in Cotacachi or on Ecuador’s coast this winter.

Cotacachi speeds ahead! Yesterday we saw how a new road was transformed in a day.

MERRI AND I WALKED BACK AT 6:40 AM THIS MORNING AND THEY HAD MADE ENORMOUS PROGRESS AND WERE ALREADY ON THE JOB.

cotacachi-road-work

They already have sidewalks complete and…

cotacachi-road-work

are laying the brick pavers. I expect they’ll have made a huge impact by tomorrow and will report then. he workers were tickled when I showed them their picture.

cotacachi-road-work

Jyske Gobal Asset Management will join us Feb. 13-15 for our course International Business & Investing Made EZ

Join us at a course in Cotacachi to learn more about multi currency investing or on Ecuador’s coast this winter.

Feb. 9-11  Beyond Logic Simple Ways to More Wealth and Better Health

Feb. 13-15 International Business & Investing Made EZ

Feb. 16-17 Imbabura Real Estate Tour

March 8-9 Imbabura Real Estate Tour

March 10-15 Ecuador Export Expedition

March 16-19 Coastal Real Estate Tour

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

Better still join us all year in Ecuador! See our entire schedule of 27 courses, tours, mingos and expeditions we’ll conduct in 2009 and how to attend as many of them as you like FREE.

The course fee includes meeting at Quito airport (day before the
course)…transportation (by group bus) to Cotacachi and back to Quito.
Course fee does not include air are. accommodations, food or individual transportation.

Ecuador Currency Tip


This Ecuador currency tip can save you big bucks in Ecuador or any time you need a foreign currency.

I recently spoke at a seminar in Mexico and realized that I have become lazy about carrying multi currencies. Ecuador’s currency is the US dollar so no currency exchange is required coming or going.

I maintain British pound and Danish kroner investments so when I travel to Denmark or England, our two most frequently visited places after Ecuador, I already have the correct currency available in cash.

So when Merri and I arrived at Cancun airport, I realized Mexican pesos would be needed! Ouch. Avoid converting currencies at airports. The forex exchange rates are usually bad.

If you are frequently exchanging currencies the costs can be high, so here is a multi currency, conversion tip sent to me by a trusted friend.

“Gary, It costs me about $1500 a year just to send money to the UK and Sweden in bank and FOREX charges! A friend in Australia recommended www.ozforex.com – you select a buy and sell currency and beneficiaries (destination bank accounts). So far it looks like I’m going to more than halve the annual costs of sending money and their rates seem much better. For example $1500 with current method gives £794.74 but with OZForex, £842.25 – 6% better rates and only A$15 transfer fee.

Ecuador Cash Tips

The US dollar is Ecuador’s currency. Paper money is identical but both US and Ecuador coins are used. Ecuadorian coins minted in Ecuador are the same in size, weight, workmanship and color as US coins but have different reliefs and are only legal currency in Ecuador.

You can bring dollars with you. They work well except $100 dollar bills. These are accepted only with caution. Outside major cities sometimes it is impossible to cash $100 dollar bills. There is a lot of counterfeiting of $100 bills in Colombia, so the Ecuador Central Bank issues a list of valid $100 bill serial numbers. If the serial number of your $100 bill (even though it is real) is not on the validated list, you may not be able to use it in many places.

Bills that circulate in Ecuador are the $1, $5, $10, $20, $50 and $100. The coins are the penny, nickel, dime, quarter, fifty cent piece. Plus the one dollar coin is very popular in Ecuador. I always wondered where all the Susan B. Anthonys went!

Ecuador prices are low and vendors are poor. They do not have a lot of change. When Merri and I go to Ecuador, we take rolls of quarters and a lot of $1, $5, $10, $20 bills.

Ecuador Traveler’s Checks

Traveler’s checks are not accepted at this time. You usually need to go to the forex houses or banks to cash them. The commission charged varies between 1% and 4%. And often banks will no longer accept these checks as South America is inundated with forgeries. In Cotacachi, no one will accept a traveler’s check

We never even had an ATM card in the US but found that this is a good way to access cash. We also have a safe in all our rooms in Meson de las Flores and Hotel Quito offers free safety deposit boxes so when we arrive, we just put all our cash, wallet with credit cards and passports in our safe box. Then we just have a bit of cash like $20 or so in our pockets.

Ecuador ATM’s

Merri and I live off of ATMs in Ecuador.

ATM’s are in almost every village in Ecuador and are compatible with international credit cards.

Visa credit cards work at ATMs operated by Bank of Guayaquil, Pichincha, Produbanco and Banco Pacífico. Each ATM shows the logos of which cards can be used on that machine. We use our regular ATM cash card issued by our Florida bank at this Bank of Pichincha branch in Cotacachi.

Ecuador-multi-currency-atm

This bank is on Cotacachi’s second smaller plaza.

Ecuador-multi-currency-plaza

The plaza is pristine because it is maintained by the bank.

Ecuador-multi-currency-atm-sign

The bank is next to the police station and the second smaller Cathedral.

Ecuador-multi-currency-atm-cathedral

There are two Cathedrals in Cotacachi and one bank…a nice ratio.

However there are two Cotacachi ATMs. The second is on the main street 10th of August.

Here is a map of Cotacachi.

cotacachi-atm-map

Our hotel, El Meson de las Flores, is by the Cathedral insignia. The bank and ATM are marked by the red box.

We are allowed to take $500 a day from the Pichincha ATM and $300 a day from the other.

When using an ATM take the same precautions you would anywhere. Merri and I do not withdraw cash alone at night. We keep our password hidden. We observe the people around and make sure the machine is working correctly. If we were to note anything odd in the surroundings or the machine, we would not use our card.

This has never happened. We have never had a problem but still always take precautions. The safest ATM’s are those that are found inside banks and shopping centers.

Ecuador Credit Cards

Credit cards can be used at most hotels, restaurants and in most shops, but not in the markets. Places that are recommended for the use of credit cards are first class restaurants, hotels, gift shops, shopping centers and travel agencies. Not all places accept credit cards. Ask before buying if you do not see a Visa or MasterCard sign. Amex is not seen much outside the major cities.

Vendors are gouged by the credit card companies. Some businesses charges extra, up to 12% to cover the cost of this fee they have to pay…so you can often bargain by offering cash.

Money transfers

Bank transfers take at least three working days. The bank sending the money charges a commission for the transfer, usually $30 to $60. Western Union offers quick and efficient money transfers but is much more expensive. For example a Western union wire of $1000 to Quito, may cost $85.

Merri and I do not have a bank account in Ecuador even though we live there half the year. There is one excellent bank that has a US subsidiary and the subsidiary has offices in Ecuador so you can bank in the US but access cash in Ecuador. We are compiling a complete report on “How to Bank in Ecuador” for our Ecuador Living subscribers now.

You will receive this report free when you subscribe to Ecuador Living.

Until next message, may all your money be easy to access and good!

Gary

Our September 17-20 Ecuador Coastal Real Estate Tour; Quito Real Estate Tour is sold out.

Our September 28-29 Imbabura Real Estate Tour is sold out
https://www.garyascott.com/catalog/ecuador-real-estate

Our September Spanish Class is sold out.

Oct 14-18 Ecuador Import Export Course has a few places left.
https://www.garyascott.com/catalog/ecuador-import-and-export-tour

We still have space in November.

Nov 7-9 International Investing and Business Made EZ Ecuador
https://www.garyascott.com/catalog/international-business-made-ez-ecuador

Nov 10-11 Imbabura Real Estate tour
https://www.garyascott.com/catalog/ecuador-real-estate

November 12-15, 2008 Ecuador Coastal Real Estate Tour; Quito Real Estate Tour
https://www.garyascott.com/catalog/ecuador-coastal-real-estate-tour