Foreigner Tax

When buying real estate in Ecuador, don’t forget about the foreigner tax. It is not a government tax, but something you will have to pay, none the less. What I am referring to is the difference between the price a local Ecuadorian will pay for a property and what a foreigner will pay. If you are not paying attention, that difference can be as much as 300%. Even if you are paying attention, it will still be somewhere between 25% and 50%. Just chalk it up to the price of doing business in Ecuador.

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