Why Ecuador Is Better than Mexico for Retirees & Expats!

Amelia and JP VLOG 274: After hearing about the Mexico perpetual tourist visa changes from several people who live in Mexico, we wanted to share why we think Ecuador might be a better option.

If you’re on a tight budget and don’t qualify for a Mexico temporary residency visa, you may want to consider Ecuador, instead.

The monthly income requirement for an Ecuador temporary residency visa, as well as a permanent residency visa is only $400 (as of 2021) with no additional savings requirement. That means most expat retirees living on social security will qualify for a visa in Ecuador.

CORRECTION: The Mexico residency visas require monthly income OR savings. Not both. We’re not Mexico visa experts and we made a mistake. Lo siento mucho! However, this doesn’t change the fact that a lot of retired expats won’t qualify for a visa in Mexico, while Ecuador only requires $400/month in income for the pensioner visa.

Here’s our last Cost of Living video showing you what your quality of life will look like on the average social security check.

Planning a move to Ecuador? Check out our A-to-Z Expat Fast Track eCourse!

 


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