Martin, Ecuador - nice place to visit. I wouldn't live there now.
I've lived there. Have close friends who live there. It's beautiful.
It is a third world country. Yes, there are wonderful aspects to it.
Why I don't live in a third world country now?
I'm a senior. I want better health care than Ecuador offers.
Health care - sure you can get an airlift to another country.
Not my vote when I'm having a medical emergency...
Clean drinking water (even in Ecuador's largest cities
power blackouts are common, causing water treatment facilities issues - resulting in contaminated water. The random loss of electricity is also an issue throughout Ecuador) Very common occurrence in Guayaquil, Quito - the capitol, and the most "modern" cities in Ecuador.
Crime. Crime. Even in the best parts of Ecuador. Crime.
Quote:
Originally Posted by MartinSE
Yes, it is not a good time to purchase almost anything. We plan on keeping our 11 year old Jag and 12 year old Lexus. But are in good condition and run fine. Was hoping to replace them with a Tesla, but that is on hold.
Sadly, inflation seldom reverts back to the previous lows, but does retreat some. So, we plan to just sit tight and wait for lower prices before making any large purchases. If things just continued to spiral down the drain, we have plans in place to immigrate to Ecuador. It is beautiful, extremely friendly, excellent healthcare, welcoming, and silly low cost of living.
Example, 5 acres mature orchids, 4 bedroom home with maid and gardener for $500 to $750 per month. 100% coverage healthcare is around $100/mth covers dental, optical, and healthcare. Eating out at a good Ecuador restaurant for 2 will run about $10 to $20. And on and on. Note: If you want to live with other American's (there are around 15,000 there) the costs are higher - but, all your favorite restaurants (and high prices) are in those areas.
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