Have you ever wondered how to retire in Ecuador as a foreign national? This is possible through an Ecuador Retirement Visa, which can allow you to stay in the country for up to two years until you are eligible for permanent residency.
Undoubtedly, the Republic of Ecuador is on top of the list of foreigners who are considering retiring somewhere in northwestern South America. Living in Ecuador benefits pensioners as it offers exemption from some taxes, top-notch healthcare, inexpensive cost of living, and a moderate climate year-round. Therefore, Ecuador is an excellent country for retirees of different ages and interests.
If you desire to retire in Ecuador, you need an Ecuadorian retirement visa, which requires you to meet some conditions and requirements.
In this blog post, you will find out a lot about Ecuador Retirement Visa, including reasons to consider retiring in the country, the visa eligibility criteria, requirements, fees, the application process, and more.
In this article
- What is Ecuador Retirement Visa?
- Reasons to Retire in Ecuador
- Eligibility Criteria for getting an Ecuador Retirement Visa
- Ecuador Retirement Visa Requirements
- Cost of Getting an Ecuador Retirement Visa
- Ecuador Retirement Visa Processing Time
- How to Get an Ecuador Retirement Visa
- Step 1: Assemble all required documents
- Step 2: Fill out the Ecuador Retirement Visa application form
- Step 3: Submit your supporting documents to an Ecuadorian diplomatic mission
- Step 4: Pay the Ecuadorian visa application fee
- Step 5: Wait for the Ecuadorian diplomatic mission’s decision
- Step 6: Pay the other visa fee and pick up your passport
- Validity Period of an Ecuador Retirement Visa
- Frequently Asked Questions (FAQs)
What is Ecuador Retirement Visa?
An Ecuadorian retirement, pensioner, or Jubilado visa authorizes foreign retirees to stay in the Republic of Ecuador for up to two years. This type of visa is open exclusively to retired persons who intend to live in Ecuador temporarily or permanently.
Reasons to Retire in Ecuador
The following are reasons to consider retiring in the Republic of Ecuador.
- Ecuadorians welcome foreign nationals, and there are no reports of xenophobia or discrimination in the country. Hence, there are high chances of enjoying your retirement in Ecuador as the country allows for a fantastic way of life.
- Ecuador has many tourist attractions, including the most stunning islands. These include Bartolomé Island, North Seymour Island, South Plaza Island, Rabida Island, Tortuga Bay, Quilotoa Lake, and Charles Darwin Research Station.
- Retired persons in Ecuador can benefit from notary and registration fee exemptions and certain tax exemptions. They will also get special care, supposing that there is a disaster or an emergency.
- The Republic of Ecuador is a very safe country for retirees. The country has low occurrences of criminal activities.
- Above all, Ecuador boasts incredible weather, a better lifestyle, and an affordable cost of living.
Eligibility Criteria for getting an Ecuador Retirement Visa
To be eligible for an Ecuadorian retirement visa, you are required to fulfill several conditions as follows.
- Your current age must not be less than 65.
- You must earn a minimum of $800 per month.
- It is equally important to have no criminal record.
- You have to prove your financial capability to fend for yourself upon arrival in Ecuador.
- You must not pose any form of threat to people in the Republic of Ecuador.
Ecuador Retirement Visa Requirements
To obtain an Ecuadorian retirement visa from anywhere in the world, you must possess copies of several documents, which must be in Spanish. Otherwise, you need a certified translator to help interpret the affected documents.
Later on, you must notarize the documents.
Here is a list of the required documents for Ecuador Retirement Visa applications.
- A filled out and signed application form for an Ecuadorian visa
- Your original passport, along with photocopies of its pages
- Evidence of Ecuador visa fee payment
- Police clearance certificate obtained from your country of origin
- Regular immigration status (if applicable)
- Migratory Movements Certificate (only if applicable)
- Proof of funds such as your accounts statement or a letter from a financial institution
- Official documents from the organization in charge of your pension or income
Cost of Getting an Ecuador Retirement Visa
Foreign retirees applying for an Ecuadorian retirement visa must pay certain fees to facilitate their application. These fees do not include value-added tax.
- Visa application fee: $50
- Other fees required upon visa approval: $400
Ecuador Retirement Visa Processing Time
The processing time of an Ecuador Retirement Visa application takes between two weeks to three months.
Within this period, you will have received your visa from the Ecuadorian Ministry of Foreign Affairs and Human Mobility (MREMH).
How to Get an Ecuador Retirement Visa
You can apply for an Ecuadorian retirement visa within Ecuador or from your country of origin. It is also allowable to apply for the visa online or in person via an Ecuadorian embassy or consulate.
Below are the steps to take in getting an Ecuadorian retirement visa.
- Assemble all required documents
- Fill out the Ecuador Retirement Visa application form
- Submit your supporting documents to an Ecuadorian diplomatic mission
- Pay the Ecuadorian visa application fee
- Wait for the Ecuadorian diplomatic mission’s decision
- Pay the other visa fee and pick up your passport
Step 1: Assemble all required documents
The first step in getting an Ecuadorian retirement visa is to put together all the documents the embassy or consulate needs to process your application. This requires you to satisfy Ecuador’s pensioner visa requirements and eligibility criteria.
Step 2: Fill out the Ecuador Retirement Visa application form
Next, you must complete a visa application form in person at the nearest Ecuadorian embassy or consulate. Be sure that you appropriately and correctly fill out the form.
Step 3: Submit your supporting documents to an Ecuadorian diplomatic mission
As the third step involves getting an Ecuadorian retirement visa, you must submit all documents necessary to support your application.
Step 4: Pay the Ecuadorian visa application fee
After submitting your supporting documents to an Ecuadorian diplomatic mission, you must pay a visa application fee of $50.
Step 5: Wait for the Ecuadorian diplomatic mission’s decision
The fifth step in getting an Ecuadorian retirement visa involves waiting until the embassy decides on your application.
Step 6: Pay the other visa fee and pick up your passport
After its approval, you must pay another fee of $400 and provide your email address to prove that you have picked up your visa and passport.
You can then proceed to book a flight to the Republic of Ecuador.
Validity Period of an Ecuador Retirement Visa
An Ecuadorian retirement visa allows its holder to stay in the Republic of Ecuador for two years. After being an Ecuadorian temporary residence permit holder for this period, you will be eligible for permanent residency in the country.
Frequently Asked Questions (FAQs)
How do I apply for an Ecuador Retirement Visa?
You can complete the Ecuador Retirement Visa application online or at an Ecuadorian diplomatic mission. The process requires you to fill out an application form and submit several documents. Such documents include your original passport, police clearance certificate, proof of funds, and Migratory Movements Certificate, among others. Supposing you prefer to apply online, you must begin the process by signing up on the Ecuadorian Ministry of Foreign Affairs and Human Mobility’s official website.
How long does it take to get an Ecuadorian retirement visa?
It takes an Ecuadorian embassy at least two weeks to process an Ecuador Retirement visa application. However, bear in mind that the visa processing takes longer, which does not exceed three months.
What are the cons of living in Ecuador?
There are a few cons to living in the Republic of Ecuador. Among these is that the country lacks infrastructure. Besides, English is not widespread in the country, which can be a language barrier to foreign nationals from English-speaking countries.
Which city is the safest in Ecuador?
The safest city to live in in the Republic of Ecuador is Galapagos Islands. The country has many safer cities than South American countries like Colombia and Peru.
Is it reasonable to retire in Ecuador?
Yes, the Republic of Ecuador is an excellent country to live in after retirement. Some pros of living in Ecuador are that the country has friendly people, a reasonable cost of living, and a warm climate.
What are the best places for retired persons to live in Ecuador?
Some of the best places for retirees to live in Ecuador include Otavalo, Cuenca, Loja, Salinas, Vilcabamba, and Quito.
Can my application for an Ecuadorian retirement visa be rejected?
Yes, the Ecuadorian embassy can decline your application for a retirement visa for several reasons. These include if you failed to meet the visa eligibility criteria and requirements.
How much does Ecuador Retirement Visa cost?
While applying for an Ecuador Retirement Visa, you must pay two fees, which amount to $450. These include an application fee of $50 and another fee of $400, which is required when you want to pick up your visa at the embassy or consulate.
In essence, To sum up, an Ecuadorian retirement visa is the best option for foreigners who are looking forward to retiring in northwestern South America. Retiring in Ecuador offers a wide range of benefits that would make you want to stay permanently in the country.
If you have further inquiries on immigration, employment, or education overseas, do not hesitate to contact the Work Study Visa team.
Thanks for reading!
RECOMMENDED LINK: How to Immigrate to Canada from Ecuador