ECUADOR on SOCIAL SECURITY?

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We've made it easy to move to Ecuador! Just take the Ecuador Expat Fast Track! Learn How Here: liveabroadnow....
Amelia And JP VLOG 273: We get this question a lot: Can I live in Ecuador on my social security income?
So in this video we take a look at the most common expenses to estimate your cost of living in Ecuador. Then we compare those to the average social security income to paint a picture of your quality of life in Ecuador during your retirement years.
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2 окт 2024

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Комментарии : 568

@AmeliaAndJP 2 года назад

We've made it easy to move to Ecuador! Just take the Ecuador Expat Fast Track! Learn How Here: liveabroadnow.com/course/

@briannickel6813 2 года назад

Not sure why RU-vid stopped bringing up your videos ....Great job breaking it down....Love the Condo you two ended up with. Ecuador seems right for me in a few years, medical is my hesitation and being able to get the medication I have needed to function.....JP's back looks like it is treating him fairly, has the weather helped at all with that? Do you bulk buy vitamins online?

@siboneypeltier2307 2 года назад

For a couple's retirement visa, do you need to have the $600/month proof of health insurance, or can you wait until you qualify for Equidor's health plan? secondly, what is "schedule" as mentioned by JP @ timestamp 4:52 "temporary residency and your schedule" thank you so much!

@longbeach225 2 года назад

I heard the minimum income requirement for retirement visa in Ecuador is $ 1,275.

@JoseReyes-jc7re 2 года назад

@sirgalahad1470 2 года назад

I got a deep cut on my foot recently that required stiches. After sending me home from the ER my wound got infected. I went back and spent the night in the hospital having an IV drip of antibiotics to stop the infection. The hospital billed my insurance company $42,000 ! I had to pay 10% after a $4000 deductible. Healthcare in the US is highway robbery.

@curiositylandrover 2 года назад

I live in the UK and we are so lucky. There is no cost at all. We all pay a bit higher taxes but healthcare is free and some dentisty is subsidised. A tooth extraction or filling for example is under $100 Equador does sound like a fantastic place.

@anniesshenanigans3815 2 года назад

I have a cousin that died from poor care here locally in the US. She went to the ER 6 times in a month and the last time she went to emergency surgery and died.. US healthcare is declining. I work in healthcare and I can say that truthfully...

@DiogenesOfCa 2 года назад

Don't pay, f-them.

@philippinecowboy 2 года назад

That's one bill that wouldn't get paid!

@maryannwaters339 2 года назад

@@curiositylandrover How long do you have to wait for your dentistry/medical care in the UK?🤔 I work in a major hospital in Miami and the elites of Ecuador as well as others from throughout Latin America and Canada come here for their major medical surgeries.

@chrisb508 2 года назад

My wife often says how she wants to live near a beach. Ecuador sounds perfect, but we have small grandchildren and she wants to be near then too. Maybe in another 10 years when they aren't cute anymore. ;-)

@jeremytutivencaicedo8500 2 года назад

Hahah you kill me with that comment

@gem3132 2 года назад

Use those 10 years to become fluent in Spanish. (500 million people worldwide).

@mikedhsr007 2 года назад

How often do you see the grandkids? We have six going on seven. We see them on avg once a year because the closest is seven hours. They would probably jump at visiting us in Ecuador - you know the equity inclusion mentality of our kids

@chrisb508 2 года назад

@@mikedhsr007 We see my grandson a few times a week since he lives in town. My grand daughter lives about three hours away and we see her a couple of times a month. As far as visits, I'm not so sure. We lived in Germany for about 6 years and only three people visited in all that time.

@mikedhsr007 2 года назад

Chris B then you are blessed to have them so close.

@alexcamacho5230 2 года назад

Ecuador is a relax country, Amelia and jp looks younger now. Amelia looks like teenager

@swedishgirl2506 2 года назад

I stayed in Ibarra as a single person and the cost seemed considerably less than they quoted, though good to be conservative, I guess. I think it's quite comfortable at $800, likely less. Most of the fancy gated houses were $300-350/mo, but they were unfurnished. I split the rent with a friend that already had an established home like that. Whenever I went shopping at the supermarkets, which I did maybe once a week or less often cus it was a hassle just cus it was a new experience, I bought what I thought was a lot, and I was always in disbelief when the cashier said it was like $40-50. Besides, I had a grocery roller bag stuffed and stacked to the max, carried plastic bags in my hand, and I simply couldn't carry more home in a taxi at one time. Ecuador was the first trip I had money left over when I came back to the US.

@Sharon-py5ns 2 года назад

Thank you Amelia and JP! Been thriving in Cuenca since 2013, on Social Security and will say ALL your budgeting figures are exactly on target. My monthly expenses are easily 1/3 the cost of Texas/USA. Also, I find the Ecuadorian people are kind, respectful and compliant even in these pandemic times. Am proud of this little country and grateful for allowing me a permanent resident visa.

@ThePeacevine 2 года назад

Sharon Kay, I'm on SSI and am wondering if you I lose it if I become a resident of Ecuador.

@petercarroll2323 2 года назад

@@ThePeacevine no, you will not lose your benefits

@kevinstanford8506 2 года назад

Sharon, I plan on living in Cuenca. Wish I could ask you a few questions!

@Nefertiti7788 2 года назад

This is great to hear. I'm Ecuadorian myself and left Ecuador for US, now with all tbe mass shooting in NY and Texas I'm rethinking that I should just return to our safe friendly country 😔 Ecuador 🇪🇨

@blk1735 2 года назад

@@Nefertiti7788 I live in Minnesota, and I've been thinking the same thing. The gun violence is out of control here.

@Veterans_for_Harris 2 года назад

I'm hoping to take a trip there soon. My wife is leaning towards Spain but it's almost as expensive as here in Ohio. I would love to live in the mountains. Cotacachi looks charming.

@AmeliaAndJP 2 года назад

Cotacachi is also very affordable!

@tjrioux3059 2 года назад

Thank you so much! I am learning Spanish and deflated to hear of the changes and chaotic implementation of Mexico’s evolving immigration requirements. It sounds like Ecuador is not only an alternative to Mexico for retirement, but preferred.

@friscoeddie3223 2 года назад

Been in Cuenca since 2010, and at that time I had an income of $1,650+ per month. At that time I was single and there was no health insurance prerequisite for my rentista visa. Now that I’m married to a Cuencana, I pay into her Social Sevurity (Ecuadorian) and she adds me to her health insurance plan. A $100 per month, and it’s a win/win. She gets her retirement benefits, health insurance benefits, and I get a cheap ride on the health insurance. My cedula expires in 2025, and I know I’ll have to show proof at that point. And with my Spanish speaking facilitator wife, it’s a breeze. Work the system.

@ecuadorhusker2449 2 года назад

You guys are spot on for monthly expenses. I think since we live in Crucita we do spend about $50 more than what you budgeted for taxi back and forth to Porto Viejo and Manta. If you own your own house you can easily live here for $1,600 a month, Great video

@AmeliaAndJP 2 года назад

Gracias!

@jeanniepeters5341 2 года назад

👍❤ Guys, your videos just get better and better. That's the kind of info that really puts things into perspective. Thanks Amelia and JP!!!! Great stuff 👏

@kristybobby 2 года назад

Great video! I really like how you refer to Cuenca as Cruise Cuenca...it's true! When I was there for two weeks in July of 2018, I was busy having fun pretty much all the time. I had made connections before hand...at least for volunteering opportunities. But, it's easy to make new friends there. Also, I've thought a lot about the financial requirement differences for immigration in Ecuador and Mexico. You're right about Mexico requiring about $2K a month income...( & it goes up every year) for temporary residency. As for the perpetual tourist visa...that is ending. You are also now required to carry original passports and official documents with you at all times so they can make sure you are not overstaying and/or taking advantage of the tourist visa. With the $2K requirement minimum for temp. residency, I feel like you're a walking target now for those who might be wanting some of your wealth. In Ecuador, with the minimum being $400 a month for residency...who knows? Take care! Thanks!

@AmeliaAndJP 2 года назад

Thanks for the update on the Mexico perpetual tourist visa! That makes Ecuador even more appealing to retirees on a tight budget!

@psoltan 2 года назад

As someone who lives near Quito, I can attest that this is a very accurate video. I think the amounts they quoted are very conservative since I live on much less. Of course, I have an Ecuadorian girlfriend who helped me tremendously. I live more like a local so I save money that way. For most Americans the issue is not going to be money, it's going to be culture shock and social isolation. Especially if you are married and have kids and grandkids in the US then you might not last long in Ecuador.

@AmeliaAndJP 2 года назад

Very true! Culture shock is a real issue for a lot of new expats. We have a video about it here: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-m8b8J7E2vYE.html

@frankrevoredo8414 2 года назад

My plan is to escape Canadian winters for a 6 month period, then return to Canada. Our spring, summer and fall are beautiful here. I spent a year in the Yukon away from my kids and grandchildren, it is hard but the internet makes it easier to keep in touch. Of course it's not the same as being there, but my kids love traveling. I have a feeling I will be getting a lot of visits from them LOL. The problem will be trying to get rid of them hehe.

@amywalker7515 2 года назад

That's why being near other Americans for tips, socialization and camaraderie is helpful. In Cuenca there is a huge expat community. Not sure about the other cities though.

@claylifto2356 2 года назад

Another really great job. That monthly expense summary is a terrific periodic theme. And, you sound very knowledgeable.

@AmeliaAndJP 2 года назад

Glad it was helpful!

@larry1754 2 года назад

Thanks for this very informative video! One thing I want to point out is that in your comment about inter-provincial bus fares (and so many other situations), people over 65, maybe even 60, are what are called "tercera edad" (third age), basically seniors. That gives them 50% off of many things there.... like the normal bus fare between Cuenca and Guayaquil is $8, but with tercera edad it is only $4! Tercera edad qualifies one for 50% off of electric and water bills, if the bill is in their name, not that of a landlord. Anyway, I just wanted to point this out, it can be a big advantage for "senior citizens" living there!

@c123ray 2 года назад

Larry, That is wonderful to find out from your post. Thank you.

@sampallottiniiii709 2 года назад

Absolutely delightful as usual. Thanks for all you do. Especially for sharing your lives. Sam

@egreene59 2 года назад

One thing I really miss about Ecuador are the fabulous soups. When I worked at the U.S. Embassy, the Embassy cafeteria used to offer soup every day with the meal. I always got soup because it was so delicious. The other thing is the awesome food at the beachside restaurants on the coast.

@MelissaCoup 2 года назад

You both look absolutely adorable in those clothes. Thanks for the great videos!

@ivanhoe6145 2 года назад

Thanks for the great information. You guys are the best!

@EvaOwen 2 года назад

I am glad to hear that Ecuador is just as affordable as it was years ago when I spent a year in Guayaquil.

@healthyaging7901 2 года назад

Retirees can also choose to receive their benefits paid to the DirectExpress prepaid debit card. There are no fees when requesting cash at a teller window in a bank outside the US. However, fees are applied, like use at an ATM or using the card at a merchant outside the US.

@MG-otg 2 года назад

Yes, I have the SS Direct Express Card and heard it works well abroad.

@bela-sofia34 2 года назад

@@MG-otg I have read that a free Charles Schwab account is the way to go for fee free access as an add on in this case.

@alexanderfuentes718 2 года назад

What a great video, regarding food when You are at mercados , for us as locals is very common to ask for YAPA, basically the seller gives you a bit more of the product they sell, however to ask for YAPA You have to speak spanish. Greetings from Quito.

@monicadzisiak7291 2 года назад

With you in spirit I'll get there sooner or later manifestation the video is a big help thank you good to be with you

@OpsBasedNav 2 года назад

Yet another great video....factual, logical, and filled with common sense! A few questions: Reliability of power...need a place with a generator? Natural Disasters: What are the threats to watch for depending on location? Volcanic, earthquakes, flooding, tsunami? How prepared does one need to be? Amazon/eBay: can you order form online services? What if anything is restricted?

@AniluBlog 2 года назад

Great timing for this video. I am planning on moving to Ecuador since USA has become extremely expensive. I have dual citizenship in the USA and Ecuador.

@dwdelve 2 года назад

Marry Me

@phyl1283 2 года назад

How do you do that? Is that OK with US citizenship or do you have to be Ecuadorian?

@scottandmercemm132 2 года назад

@@dwdelve 😂

@AniluBlog 2 года назад

@@phyl1283 I am Ecuadorian by birth. Came to US as a child at age 8 became resident of US at 12 and US citizen by age of 21.

@AmeliaAndJP 2 года назад

Come home! Ecuador misses you! :)

@soysanto9939 2 года назад

Enjoyed your video, but expats should not purchase a home until they've lived there for at least two or three years. For example, if you had purchased a home in Cuenca, your move to the coast would have been much more complicated, or you might have been stuck there. Renting provides much greater flexabilty. Retirees can either sell their home and invest the money or rent it out and live off the income.

@patriciomora9663 2 года назад

Wise advise

@patriciadominguez6344 2 года назад

Excellent as always. I will be there next year for visit .

@AmeliaAndJP 2 года назад

Gracias!

@kenelliott8944 Год назад

I absolutely love your channel I've watched it for a couple of years now and I think you've about convinced me that Ecuador is probably where I'll end up (but I've got about 10 years yet before I retire) and it's an exciting prospect I admit - to move to a new country and try a completely different lifestyle. I absolutely love this channel and I hope you keep doing it and I'll keep watching, thank you!!

@lisas44 Год назад

You guys have the best informative videos

@AmeliaAndJP Год назад

Glad you think so!

@stevecutter9678 2 года назад

What do you do about Medicare expenses overseas? Do you still have to have it deducted from your social security? Do you still need supplemental? This is an area that would be good to hear about.

@FLANNELSHIRT 2 года назад

US Medicare insurance won’t be accepted outside of the US. We plan to stop paying the Medicare premiums when we leave the US. You can buy a local healthcare policy in the country where you end up living.

@Tao-ji2sb 2 года назад

I have a super health insurance(BC/BS which covers overseas) which came with my pension ( and cost around $1,000 a month/ I have a very small amount that I pay - $25, on top of Medicare A/B: $170 ), but the latest Ecuador update doesn't mention if you can bring your own coverage... and I couldn't find the answer anywhere: too bad because if I drop my US Health insurance it would cost a fortune to reinstate both.

@amywalker7515 2 года назад

@@Tao-ji2sb I have a similar situation and what I understood is with the Bc/BS you pay the bill on site and submit a claim for reimbursement.

@belle42 Год назад

My understanding is that you still have about $169 deducted from SS for part A Medicare no matter where you decide to live. And without supplemental insurance or an Advantage plan you will pay $1600+ for each hospital stay. Part B is important for all outpatient surgeries and doctors visits, labs and imaging. Without a supplement it's a 20% copay. My mother just had to pay $44000 for a two night hospital stay in the US because she didn't want to pay the premiums for the supplemental insurance. 😮

@bananapatch9118 2 года назад

We hope to retire in 8-10 months and start very slowly traveling from Mexico to Gustemala, to Nicaragua, to Colombia, Ecuador, and Peru…..over 3-5 years. We’ll be looking for cool weather cities only. We speak Spanish and have lived abroad before. We are retiring early (55 and 60) so a couple years out of pocket, then 5 years with the first SS check of $1800/mo before the 2nd SS check starts. Cost of living depends a lot on the country and the city. According to Numbeo , Colombia will be the cheapest at about a 35% discount from Ecuador….looking at Río Negro and Manizales. Lots of really great places to explore ! Love your videos !

@raiz91 2 года назад

I currently live in the USA, and I was looking forward to watching some videos to show me regarding this important aspect. Thank you Amelia and JP.

@montebrown9528 2 года назад

Your content is so very helpful. Thank you for taking the time to share. The housing market is getting totally out of control in Denver. May be forced to leave soon.

@slick43jlm 2 года назад

Yes, We, my husband and I, live in Cotacachi on his Social security. Love it here.

@garyji 9 месяцев назад

Thanks for a very systematic breakdown of the cost of living in Ecuador. You've covered all the major bases, which gives me confidence that Ecuador will be a do-able fit for us economically. Now, on to studying Spanish!

@judykinsman3258 2 года назад

Excellent video. Thanks for the great info!

@luisalbertoonofrezapata9285 2 года назад

Muy interesante. Hello

@wellnessbydesign4905 2 года назад

Hi! Love your videos, could you make one about taxes in Ecuador specifically for foreign income (not local)? I think they don't tax you on any income from abroad where you already paid taxes, I've been looking for a LOT of info online but it's very confusing! Thank you so much for all the value you both share! I'm moving there in 2022!!! :D

@Hard_Car_Life Год назад

Did you move to Ecuador? How are you there? Enjoying the country?

@wellnessbydesign4905 Год назад

@@Hard_Car_Life No, I moved to Brazil!

@edwardsavin1410 Год назад

You guys are great!

@jeffnorris7789 2 года назад

Thank you for all your hard work

@evb7569 2 года назад

Well done video! If we stay in the States as retirees, it would be very expensive. Ecuador would be much less stressful financially and medically!

@valentinosilvanotenorioleo1287 2 года назад

Increible ecuador vonito video

@aintwurfnufnifitaintfree2853 2 года назад

That apartment you guys got there looks pretty sweet!

@tomsaxton970 2 года назад

The cost of living varies considerably depending on where you live. I live near a small, nearly expat empty city of Riobamba. $500 rent will get you much more here. 2 years ago we looked at a 5 bedroom fully furnished house for that price. It was new and modern. Ultimately rented a small 3 bedroom 2.5 bath town house in a gated community for $250. Since then, we have built. The expat heavy areas tend to cost more.

@richardswanger523 2 года назад

You are living the life I want to live if I make it to Ecuador. Expat empty sounds fine to me.

@tyrelmcallister3634 2 года назад

What is the name of the gated community? We also don't enjoy living around too many expats here in Fiji and are looking to make the shift over to Ecuador in the new year. Looking for a smaller city with decent public schools for the kids.

@tomsaxton970 2 года назад

@@tyrelmcallister3634 There are many in Riobamba. That one is called Pradero 1. Riobamba is like spring and fall in the eastern US, but year around.

@anniesshenanigans3815 2 года назад

@@tomsaxton970 sounds nice. How do you find these gems? I assume you will not find any advertised on the internet... Other question is about hospitals.. are there any there? I would like to be able to either work or volunteer at one. I took a 3 month 'trial retirement' and went nuts... So I went back to work.. gotta have something to do!! I paint, but that is not the same as using my left brain.

@ElenaCarvajal 2 года назад

Hi, since you live there, would you know a good service to send luggage ahead from Ipiales? My husband is returning in a couple days and still has too much to carry by bus coming back into Ecuador.

@c.johnson2215 Год назад

I really enjoyed your video concerning the cost of living difference between the US and Equador. Well Done, thank you! I spent seven years in overseas assignments while I was in the service. I am considering Ecuador and Thailand. I lived in Asia and am familar with the culture and love it. My social security is about $3k a month so based on your video I should be ok as a single man. I also have about $200K in savings to use as a cushion. The one concern I have is I am a chronic pain patient. I have a back problem and require pain medication daily. I am concerned that it would be difficult to get the medical care I need. I would welcome your comments on the subject. I certainly enjoy your video's and Thank both of you for your wonderful producations. Be Well and ENJOY!

@baileyreport. 2 года назад

It is possible to live in Lima, Peru on Social Security. My wife and I are doing it now!

@darr1954 2 года назад

This was just fabulous! I need to put pen to paper (or fingers to spreadsheet) and see the astronomical cost of living in the USA. I need to cave in and learn Excel! Greetings from chilly Greeley, Colorado. Love you guys.

@AmeliaAndJP 2 года назад

You can do it!

@trenarichardson690 2 года назад

Amelia you look beautiful as always super cute top

@randyw3553 2 года назад

I live in China with my wife. Married to a Chinese citizen, I can easily get renewable residence permits every 3 years. But if something were to happen to her, I expect it would be difficult to stay. It's good to know that there's an affordable alternative to moving back to the states. Thank you.

@threegoodeyes7400 2 года назад

Hoping your wife stays nice and safe!

@tommerryman6647 2 года назад

Ok, i have now watched a few of your videos stretching from at least 1 yr ago. You both are awesome, smiles, hair and attitudes. Thank you for your time and effort to make the videos that are very informative. Please be safe, keep up the great work and live well.

@AmeliaAndJP 2 года назад

Wow, thank you!

@rorybellamy2533 2 года назад

Thank You thank you ! what a great report ! this sounds very attainable . good advice

@johnshellenberg2329 2 года назад

We're a bit older than you, I'm retired, my wife is about to retire, and our pension income will be ~ 6K CDN a month (~$4700USD) and this amount gives us so many option around the world in terms of places we can afford. That said, we'd sure like to not spend the entire amount every month, and Ecuador looks like a pretty nice place and we'd actually save some money along the way. We're also looking at Mexico and on the other side of the ocean, Portugal. Your videos are fantastic, thanks to much for posting so much great content.

@johnshellenberg1383 2 года назад

@chronicreader It's not that much in Canada now thanks to the very high cost of housing, which is getting worse all the time. A significant and growing number of Canadians are paying well over 50% of their income to housing alone. Canada is a great country for many reasons, but foreign and corporate ownership of our housing market is making it difficult to make ends meet here now, sadly.

@harryhall197 2 года назад

Lovely couple. Thank you for your videos. Your information is very enlightening. Subscribed.

@AmeliaAndJP 2 года назад

Gracias! 😊👍

@Neosan1982 2 года назад

Este video es un excelente resumen de los costos de vida en Ecuador. ¡Gracias! Uds. lo hacen con gracia tan naturales ... PD. Nuestras pensiones suman a USD$1800. Veo ahora, gracias a sus videos, que eso es suficiente para la visa de residente y también es suficiente para vivir en un pueblo humilde en la parte central de Ecuador, ¡aunque no sea suficiente para vivir frente la playa! Está bien. Preferimos montaña a playa.

@proyectonuevo7487 2 года назад

With 1800 you reach and spare, you can rent something in 300 dollars, and you have 1500 leftover, the. Food will cost you 300 a month, you have 1200 left, you spend 100 on electricity, Internet, pay TV, you have 1100 left, you pay 70 dollars for social security and you have 1000 a month left to save hehe

@tmcdon 2 года назад

This is great information! As always, thank you for sharing! Can’t wait to get there!

@manie3232 2 года назад

A lot of raw vegans have moved there. I guess cause you can start a garden anytime of the year and grow almost anything.

@frankrevoredo8414 2 года назад

Hi guys, thanks for the information, I've been following you for a while now. I'm just a few years away from early retirement and started to compare Mexico to Manta. Many of your videos touch on the topics I'm concerned with but I'm having trouble visualizing the social life. Can you do a video that gets more into the social life in that area? Where do the expats and locals hang out? What do the fiestas look like? Mexico has a square where most of the community gets together and they have parades, music is in the air and expats regularly get together to chat or listen to music. Do they have things like that in Manta? Maybe you can video tape some of those events or show what those events look like. Keep making those awesome videos. :)

@marizanirati5199 2 года назад

Che brutta l’Ecuador io sono in Italia e nn potrei vivere lì

@dodgerblue7381 2 года назад

I think that you guys have discovered the Fountain of Youth. You both look Great!. Retiring in March, haven't decided what to do. Ecuador looks great but I have breathing issues at higher elevations and my wife is tormented by mosquitoes. You have really found your place though.

@drhoy15 2 года назад

Absolutely excellent video. I enjoyed it and I was buoyed with your positive attitude. Thank you so much for yet another great and informative video. Fantastic :)

@trendtrader4010 2 года назад

Cheers

@ExpatsWithTuxedoCats 2 года назад

My husband and I spent time in Ecuador and lived in Mexico for several years before returning to the US. Although ouf decision to return was not economically based, we did find that we still had several "US-based expenses" even though we were living in another country. Most people with grandkids are going to spend an exhorbitant amount of money going back and forth to the US. (Assuming, of course, that you like your grandkids!) Also, not all of your prescription meds will be available to you in Ecuador (for example, bioidentical hormone treatments). We also did not want to have our US Medicare lapse as it's super difficult and expensive to obtain as you age. So, we were paying US-based health insurance premiums as expats on top of our foreign health insurance. Life insurance, birthday and Christmas gifts for kids/grandkids also incurred US pricing. And if you are tall, as my husband I are, finding clothing and shoes in Ecuador is very difficult. If that's the case, expect to buy your clothes in the US. So while I'm sure these calculations are spot-on, be sure to assess your own financial picture before making the leap. Not all of your US-based expenses will evaporate.

@AmeliaAndJP 2 года назад

Good insight. We don’t take any medications and haven’t been back to the US in over 3 years so our experience is different than yours. 👍

@belle42 Год назад

Thank you for these comments and tips! My only caution and retiring to a foreign country is missing my family. And when grandkids start being born I'm afraid I will not want to be far away. Great tip about finding clothes for tall people. I hadn't thought about that. I have enough trouble in the u.s. trying to find tops and pants that are long enough!

@robinpettit7827 2 года назад

I am interested in living in Ecuador. Fortunately, we do own our place and have significant savings. I also have a pension that I can take now. We will be eligible for Social Security in 5 years. So we could likely buy a place or two, rent out one and live in the other. I am also very upset about what is happening in the US and am thinking of moving out due to that.

@Kwk16534 Год назад

Totally agree with you about the US

@alexneroogando9514 2 года назад

Do you guys know families that moved to Ecuador with their kids? if so it would be great to see how it is and how much money they need to live comfortable. Love your videos...Thanks!

@lindahehemann7949 2 года назад

Every video you produce moves me further towards making moving to Ecuador my goal! I'm a single woman at close to retirement age, and I don't want to have to work until I'm 67. I visited Ecuador in 2019, and I was enchanted with the culture. I'm hoping that social security will work for me to be able to afford a lifestyle that is comfortable in Ecuador!

@proyectonuevo7487 2 года назад

You can have it, life is cheap, depending on the city where you move will depend on how safe it is, normally high cities are safe, I live in Galapagos and here there are many expats although first they must have Ecuadorian residence to live there

@anniesshenanigans3815 2 года назад

single female looking to retire at 62 as well.. I got a little over 3 years to go.

@CARACAS1 2 года назад

Definitely you will enjoy early retirement in a low budget country as an expat. At 62 you'll forgo about 30% of you SS benefit but life is more than money. Best of luck

@ralphwells9405 2 года назад

Schwab charges $25 for an international wire, and is very fast (2 days typical)

@oscarnavarro8886 2 года назад

It is possible to do direct deposit into an Ecuadorian bank. You will need to fill out a 1199 form (specific to Ecuador). For this contact IBO (international benefits office) of SSA.

@jmsunlinenet 2 года назад

I believe this is correct, but it is more complex if you have an account in a savings and loan like JEP, and recently one international Ecuadorian bank, Banco de Pichincha seems to have come under some pressure due to alleged computer hacking and many people consider it to be unreliable.

@jmsunlinenet 2 года назад

It may also be possible to open an account at Citi Bank for this purpose, which has branches in Guayaquil and Quito. You can also open savings (not checking) accounts at Ecuadorian full service banks like Banco de Guayaquil, Boliviano, Pacifico, Produbanco, and others, though you may need a reference from an existing customer. Seeing that the authors of the video are promoting a a paid course that claims to tell you everything you need to know to move to Ecuador, I am a bit surprised at the opinion they offer regarding receiving Social Security directly to an account in Ecuador. I would approach banks mentioned here and explain that you want to be able to receive a Social Security check for $x each month from the USA and see how accommodating they would be in making that possible for you.

@MrJrweir Год назад

Little bit late to this party. Great video on lifestyle costing there in Ecuador. This country is high on my list for many reasons, affordability and lifestyle. I would love the Cuenca area, looks heavily invested in the local culture and a good jumping of point to visit the host country. I'm also impressed with the retirement visa, gives you a bit more time to immerse yourself. As a single person of color, any suggestions?

@kevinstanford8506 2 года назад

Love it! Already bought my ticket. Seriously thinking about trashing everything or giving it away. Those checked bad luggage fees add up

@mr.waynes7555 2 года назад

lots of good info.

@CharlesNowlin-d5t 19 дней назад

Outdated information. It's now Sept 2024 and the visa minimum is no longer $400.00/monthIy .It is now $1425.00/month

@michaelfeist4683 2 года назад

Accurate

@xvader9445 2 года назад

I'm considering leaving the US before the next POTUS election... Is Ecuador a good place for black ppl? What is the internet like there for the purpose of remote working? Is there a good website to find remote jobs?

@jamescalifornia2964 2 года назад

- I am considering leaving the USA as well. Can't blame anyone these days for leaving...

@sammiesmith6690 2 года назад

I was there for five weeks back in early 2020 & it is a good 😊 place for Black Americans 🇺🇸. It is especially good for Black American 🇺🇸 Men.

@blk1735 2 года назад

Such great info! I live in St. Paul, MN. now, but definitely considering a move in a few years once the last one gets out of school. I love the moving resource you created.

@Hard_Car_Life Год назад

Y'all are great! I'm going back and forth where to retire: Mexico or Ecuador (only because of you) and although Mexico seems a more interesting choice with the diversity in the different states, it will be easier to retire to Ecuador. Mexico now wants expats to prove an income of $2700 a month or something like $150,000 in savings, bank statements and investments. I have no savings. Work full time still at 65. I intend to retire next year before my full retirement age of 66.8. I will live solely on SS and a very small pension. I also like that Ecuador deals in dollars and not pesos. Pesos confuse me. I'm so sick of the work force and watch all these videos of people enjoying life in Mexico and you both in Ecuador. I haven't seen any other channels on Americans living in Ecuador, so thank you for this channel.

@michaellalanae7228 2 года назад

You can if you bring your own boat to live in or on .

@pedronemm 2 года назад

Very expensive... for hous all incl. 350usd.. and food at marcet 200 and Restaurant one day 4usd..

@fourtywater77 2 года назад

Hey! Im loving these types of videos. My wife and I lived in Quito but had to come back to the states because of loss of income and a death in the family. We wanna come back so bad and cannot stand to live in the US anymore. Do you offer some consulting to help people find a remote opportunity to live abroad. We would love to come back there again.

@RM-zt5mo 2 года назад

Great video Amelia and JP. Would you say that one could work with companies offering worldwide jobs besides teaching English? Lately a lot of companies are offering worldwide jobs or work from anywhere pretty much. Do you know of expats who are doing this in Ecuador to supplement their social security?

@soloncoleman2691 2 года назад

I am very intersted in moving as an expat to Ecuador and greatly appreciate yout RU-vid videos and/or channel. I was considering Medellin but the crime rate is higher than what they profess on RU-vid videos and it is cheaper there than in Cuenca, but the expat community seems more wholesome and I got immediate feedback on their noon, English speaking, AA meetings which occur everyday (important to me). I am a retired English teacher and make about $3200, after insurance and taxes. I would like to live on $1000.00 a month so I can plan travel adventures. I am still studying the economies and costs of living around Latin America, but am very excited to make the change and begin a newer life in Ecuador. I starting to believe Cuenca to be my better choice. Thank you, LOL Doug Coleman

@jmsunlinenet 2 года назад

On your income you would be able to live very well indeed in Cuenca, but your idea of using Cuenca as an economical pied a terre base to explore Latin America is an excellent one. Agree Cuenca expat community may be more 'wholesome' than Medellin. Airline prices for tickets between South American countries are surprisingly high, so it could be more economical to sometimes use discount airlines to fly back to hubs in the USA. Also with an Ecuador temporary residency permit, you need to be sure that you are not exceeding limits on time spent out of the country. Visa rules have recently changed and seem to be unclear or disputed at the present time. Some visa advisors say that you can now spend unlimited time out of the country, but my (recently issued) visa says in writing that the limit is 90 days per calendar year. By the time you make your decision the issue will probably be clearer.

@allia6374 Год назад

AMAZING VIDEO! Thanks a million to both of you, Darlings!!

@amul7430 2 года назад

Hi,Yes nice information. My life has been unconventional in that I am preparing my move to Ecuador... A little irritated that my messages to Ecuadorian lawyer are not returned... Other than that, I think everything will be good. Too bad you didn't mention a big plus for the viejos perros like me in than there is a big reduction in many daily services. Can't wait to hear your next video.

@maryjaneharber7193 2 года назад

Greetings Amelia & JP Thank you.............what about health food stores? Kay La

@zuidema161 2 года назад

Thank you so much for all your videos. I am learning Spanish in anticipation of one day moving there. You have giving me hope for a happy retirement.

@AmeliaAndJP 2 года назад

You can do it!

@MediumKimCopeland 2 года назад

Wonderful Video! I have been thinking Ecuador a couple of years and just visited over Dec 2021. LOVED it@ Went to Mindo in the N.W. Have not been to Cuenca yet, but will this summer. Thank you so much for your videos. Love them. You two look great too, very inspirational.

@SteffanRhoads 2 года назад

I’d be interested to know if people loose weight because they eat better (lower carb; fewer seed oils; fewer processed foods/snacks).

@jefflovelace7223 2 года назад

Wife is from Ecuador and looking to retire there. Pros/Cons for living there vs. becoming a citizen? Love your videos by the way showing this beautiful country. Been there multiple times. Absolutely love it!!

@dl1130 2 года назад

Jeff. My wife also from Ecuador (Quito). Mine is hesitant on moving. Been trying too convince to do so until at least Medicare age. Health insurance is just too expensive in the states especially when self employed!

@AmeliaAndJP 2 года назад

The only downside to becoming a citizen is that you have to vote or pay a $40 fine. Other than that, we don't see any real cons. You have to live here for 5 years before you can become a citizen though. However, since your wife in Ecuadorian, you can apply for the permanent amparo visa and not have to start with a temporary visa.

@bananapatch9118 2 года назад

My SS at 62 will be $1850. My wife will only receive $900, five years later. We have assets but really want to find a way to spend only my SS, so $1850. We can do that in Mexico for sure. The temporary Mexican visa has a high income requirement but you can also show $43,000 in a bank or retirement account for a couple to qualify. We think we could still do this in Cuenca or Cotacochi. And yes, we are selling our house now ! 😀 In lots of countries we think we can do public healthcare and pay out of pocket for everything else. 6 more months of work….counting the days !

@FidgetyGuy Год назад

The average Social Security payment is not $1565.00 per month. That is the average for people who retired between 66-70 in 2021. The average across all collectors is closer to $900.00 per month.

@talesfromtheleashexpatdogl1426 2 года назад

@ameliaandjp what about bringing your service dog?

@dmdpublicity 2 года назад

Cuenca sucks. Why go to Ecuador to live in a valley - (Mexico has many valleys) Go to the coast. My Dad lives in Manta since 2012. No problems

@DanielFernandez-jv7jx 3 месяца назад

Lovely! Thank you! Can you give us a hint about medication costs in Ecuador? I use a couple of expensive ones.

@MarkWilliams-ix1qf 2 года назад

I know cost of living is lower, but we can't get Medicare outside the US. It's a bargain, and I've already paid for it for decades. The cost of a major medical expense can wipe out any difference in cost of living. Of course, stay healthy as best you can. But as we age, those big medical expenses can pop up and wipe you out. This is a trade-off. The weather and the beach are certainly attractive.

@AmeliaAndJP 2 года назад

Every country except the US has universal healthcare, which is like Medicare only everyone is eligible. We both have aging parents on Medicare. It’s not free. In fact, it’s very expensive if you develop health issues later in life. And it’s financially devastating if you need assisted living or long term care. They take everything you have. In Ecuador and other countries, you’re allowed to grow old with grace and dignity.

@longbeach225 2 года назад

In the US big medical expenses can wipe you out far worse than any other country.

@DennisGonzalezny2honolulu 4 месяца назад

The reason I ask is that I currently earn between my SSA and my small pensions a total of $3861.00 before taxes and I'm 68 years young in good health and love the water activities...

@thomasgun1329 2 года назад

I want to rent a 2 bedroom 2 bathrooms. Not far from a private hospital I have a bad back injuries sustained on the job . Safe neighborhood that’s all I want I make 2,000 a month

@madep.2147 2 года назад

Hello Amelia and JP I see your channel and must yo thanks for to talk so good of my country, only I see dont talk still of Guayaquil my city is the ecnomy capital city of Ecuador and Samborondon what is a n extention of GUAYAQUIL, When you want I can help because I am Realtor Estate here. Enjoy so much your videos. Hvav a good day and greettings.

@anitaboddington4837 Год назад

My Social Security is $1400 a month plus I am legally blind but I’d be safe living there and could I live there on my monthly income

@westcoastkitties 2 года назад

I have been watching a few videos from other people as well and many of them are talking about how moving to Ecuador has helped them lose weight. I strong believe is because of the food, and nothing to do with the stress etc. etc. Is the quality of food in North America that makes its people sick, a lot of garbage food, fast food and even if you don’t eat fast food most of the food in North America is greasy and unhealthy full of GMO’s and who knows what else.

@mhobizal 2 года назад

You guys are amazing! Thanks for providing the valuable info!!!

@marytica123 2 года назад

HOW DO YOU LIVE ABROAD ON SOCIAL SECURITY ? You ADAPT, and you STOP "living American" ! Imported goods are more expensive in foreign countries, thanks to shipping costs & import duties. GET USED to eating the local dishes - NOT steak and trendy fare. If you can get along WITHOUT a CAR, this will save you a BUNDLE. Gasoline is more expensive in most Latin American nations, and some charge very HIGH registration & insurance fees. FINALLY, avoid buying things you DON'T need - shopping at malls, buying souvenirs (you're NOT a tourist anymore !), and expensive cell phones.

@AmeliaAndJP 2 года назад

Excellent advice!

@jencordero4782 Год назад

Are thier any Fincas with Homes 🏡 you can share and where they be located. Love you videos. I think Spain is nice but to complicated in paper work just for residency.