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Ecuador Real Estate Archive
XIV
Updated July, 23 2005
By
Gary Scott
To help you get a feel of Ecuador
real estate we have posted this special archive that lists many of the hundreds
of messages we have shared with our readers about Ecuador real estate this decade.
More Ecuador Updates
Here are further answers to the
questions you have asked me about Ecuador.
We have been reviewing replies
to the questions below from my many contacts in Ecuador. This reply is from a
real estate broker who comes from a prominent business family on the Pacific coast.
He lived a year in Seattle so also has a good sense of what Westerners want.
The questions you asked began:
With the events of 9-11, everything everywhere has been shook up to some degree.
I think it would be of interest for some words on how Ecuador is faring.
Q: Is tourism down? At this moment A: Yes
Q: Any effect on real estate
prices yet? A: There is a tendency of going up, but there are still great deals
if you look very hard
Q: Are the exports holding up? A: No
Q: Any new laws we need to be
aware of as strangers in a strange land? A: There is no changes everything is
still the same
Q: Have attitudes towards Americans
changed? A: No. North Americans are very welcome in this country
Q: Are the new airport and pipeline
initiatives still on track, or have they been delayed? A: Yes it's still on the
track the pipeline and the work should start early next year and will bring various
opportunity for many business and the airport of Manta has been completed by the
U.S military which have signed an agreement with the government of Ecuador for
10 years of use.
Q: Is the inflation rate still continuing to
go down? A: Yes
Q: Is the new president still
able to get any reform measures in place? Does he still have a chance to win the
election next year?
A: He will not be ruining for
President next year and any reforms can be taken care while he's the President.
Q: Is the war with Peru really over? A: Yes
Our friend ended by saying, "I
can say that Ecuador has enormous potential in all the fields of business, it
just needs to be worked.
What foreign investors don't
really know is that with a few thousand of dollars they can start any business
that in some other country of the world or in the United States it will cost millions
and as I said here it will just be thousands of dollar only.
Learn more about Ecuador real estate and exports
Learn more about Ecuador bananas
We have continual Ecuador
real estate tours.
I hope to see you in Ecuador. Until then, good
investing!
Gary
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