What is the type of Visa required ? Is this feasible ?

Member since 08 March 2019

aeonsleoMember08 March 2019 09:39:18

Hi,

I like Ecuadorian culture, the mountains, and the weather.
I am an Indian Software professional. I would like to move to Ecuador with my wife.
I can invest up to $30,000.
Initially, I would like to work remotely for my foreign clients (mostly European) and later set up a software company.
Is that possible for me to do?
My average earnings per month are around $3000.
I prefer Cuenca, but Quito is equally promising. I know very basic Spanish but I will work to learn it fully.

antialiased Contributor

Member since 04 February 2018

antialiasedContributor08 March 2019 16:08:20

131

Shouldn't be a problem for you as you easily meet the investment and income requirements (investor visa).

It may not work for you, but another method that a lot of migrants here forget is the professional visa (if you have a university degree). No need for an offer of employment within Ecuador and you only need to show a minimal monthly income. Added bonus is that your money is free to be moved around as you like.

aeonsleo Member

Member since 08 March 2019

aeonsleoMember09 March 2019 07:59:47

Thanks.
For professional visa, I don't find my University listed here: https://docs.wixstatic.com/ugd/f36c22_4 … 484575.pdf

Does that mean I am not entitled to a professional Visa?

Bigbrad2008 Serial expat

Member since 04 January 2019

Bigbrad2008Serial expat09 March 2019 08:05:21

258

I am working on getting the professional visa. If your University is not on the list (mine was) you can still get that visa but it is on review of your application and if the University is deemed realm in addition, the courses must be face to face. Remember, I might be wrong as I am using a visa service as my knowledge on this is not perfect.

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antialiased Contributor

Member since 04 February 2018

antialiasedContributor10 March 2019 12:44:47

131

You can still get the professional visa, but Brad is right. For non-listed schools they require much more paperwork (transcripts, course descriptions, I think also a letter attesting to in-person instruction). If it's a 4 year (or more) degree from a "real" school, then I doubt there'd be much trouble if you can provide all the documentation (but I'm just going off what I've heard).

If you choose to go that route, there are "facilitators" or attorneys you can hire from overseas who will go through the process of registering your degree before you arrive in Ecuador. Obviously that adds to the cost, but it can be worth it for peace of mind (it was for me).