Would you have guessed? We have already booked our ticket back to Ecuador in June. The air travel is quite expensive, but so long as you stay in Ecuador for a reasonable period, the lower costs-of-living quickly compensate for the high travel costs ‘ stay for 60-90 days and it is about break-even. But any successful opportunities sourced soon make the trip very viable.It has been quite a shock to get used to the higher costs here in Australia fuel, food, clothes, accommodation, entertainment. I think we became very accustomed to living on the other side of the world, in comfort with relatively very few dollars being expended. It really is true that a couple can live easily on less than $20,000 year ‘ and that includes rent. The requirement to get a “retirement residency” is that a person has to prove that they get at least US$800 per month as a pension or from superannuation (US$900 per couple). The Australian single pension is about US$1,050 so that easily qualifies (US$1,780 per couple). That benchmark provides an idea as to what the Ecuador government thinks is required to live adequately.And the best thing is that we will be […]

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