Legal precedent: substitution of real estate investment for bank investment approved

As an Immigration Lawyer, throughout all these years I have had to confront positions and decisions of certain public institutions, such as the Ministry of Foreign Affairs and Human Mobility, the Ministry of the Interior, or the IESS, whether due to misinterpretation of the law, non-compliance with constitutional provisions, errors by these institutions, or any denial of an immigration process or a foreign national’s right.

Dr. Lina Ulloa and her legal team at ULLOA ZAMORA Y DELGADO, in response to a denial based on an absurd interpretation of Article 68 of the Regulations to the Human Mobility Law, concerning the right of a foreign national holding a Permanent Residence Visa 9-II based on real estate investment to substitute the investment with a banking investment in a CD, filed an APPEAL before the higher authority in Quito for the analysis and resolution of the case.

This appeal was filed on February 2, 2026, and on September 14, we were pleased to receive APPROVAL of the request to substitute the investment in real estate for a banking investment in a CD, in compliance with Article 68 of the Regulations to the Human Mobility Law.
Although this resolution is issued under the specific names of two foreign nationals, we can use it for all cases requiring this substitution.

For further information, please contact

DR. LINA ULLOA

Uz.asesoresecuador@gmail.com
Uz.servicios@gmail.com
0998672687
0984205336