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Originally Posted by rickschoppers
I've already retired in Thailand, so I guess the question is moot for me.
I presume you have a Thai retirement visa. So do I. I've been retired in Thailand for the past couple of years. I still consider my options open. For a Thai retirement visa I have to prove that I have income in the amount of approx. $2000 USD/mo. or have approx. $25000 USD in a Thai bank account. There are 3 types of residence visas you can obtain in Ecuador: 1) proof of $800/mo. in income to obtain a Pension's residency visa. 2) Buy a CD worth $25,000 from a lending institution approved by the Ecuadorian government to obtain an Investment visa. 3) Buy a home with a tax value of at least $25,000 to obtain a Real Estate visa. Consider this also (from
Expat 101: Ecuador Visas Made Easy)
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If you are 65 or older you are eligible for phenomenal extra benefits—free medical care and medications, half-price bus transportation anywhere in the country, half-price tickets to movies plus sporting and cultural events, discounted airfare, a free landline telephone, and refund of your 12% IVA (VAT) tax.