Each and every year, Ecuador remains one of the best (most nominated/voted) places in the world for retirees to enjoy their retirement on a budget (not to mention having a great weather climate, plus the US dollar as its sole currency at that!). It is also one of the few countries in the world that allows you to enter with an automatic 90-day tourist visa that you receive on arrival to the country (i.e. no need to get a first time Tourist Visa before flying to Ecuador for retirees from North America, Europe, China or Australia/New Zealand).
Whilst visiting and you decide to stay longer you can apply for a further 90-day extension of the tourist visa, which is called a Tourist Visa Extension. Always check with an Ecuadorian Immigration Attorney, as rules and regulations can change quite rapidly in Ecuador.
Senior Citizen Benefits in Ecuador
If you receive a pension that has a minimum income of $800 that you receive from a guaranteed lifetime pension (i.e. from Social Security, a State Pension/Teacher’s Pension or Lifetime Guaranteed Annuity), then you are eligible to apply for a 9-I Pensioner Visa. If you have a spouse or a dependent an extra $100 per month would be required to be received by you making the total $900 per month. Note as well with the Pensioner Visa (and if applicable to your situation) that you will also need to have $100 additional for each Dependent that is moving to Ecuador with you. The Pensioner visa will further entitle you to all of the associated senior retirement benefits in Ecuador for seniors.
Thus, if you are a senior citizen in Ecuador who is 65 years of age or older, and you are legally established in Ecuador as a senior citizen Resident, the following Ecuador retirement benefits will apply to you too:
- Access to reduced price health care and
- 50% discounts in public and private transportation
- Discounts for special events, such as for movie tickets or sporting events. Discounted entry to galleries and theater plays are provided as well, plus many are FREE in the city of Cuenca as well as in other cities of Ecuador
- Special tax
- Exemption from notarial and registration fees in accordance with the
Sara Chaca (Attorney -‐ Abogada) is a seasoned Ecuadorian Lawyer, who principally serves Expats in making their moves to Ecuador, as well as for any legal issues that arise or become actionable for her Expat clients to undertake in their new lives here in her beautiful country. Sara resides in Cuenca with her family, which consists of her American husband and 2 daughters (as well as her parents and siblings), and when not working, she enjoys spending time with her family in Cuenca’s majestic Cajas Mountains and local parks & fairs of Cuenca, plus visiting the coast as well as the many gem towns of Ecuador. Sara’s personal email address is firstname.lastname@example.org, and her personal cell phone number is 099.296.2065. Sara has a less than 24 hour first response policy, in that if you email or call her, she WILL return your first email or first phone call in less than 24 hours (more typically closer to 24 minutes). Most importantly, all first time consultations with Expats for any type Visa or Legal matter(s) are always FREE OF CHARGE.