Importing commercial products and registering self-created Products in Ecuador

While most expats who move to Ecuador simply desire a stress-free life or restful retirement, some feel the urge for creating commercial products or services in their new “home away from home.”  If you are one of those energetic types not ready for retirement, the following information is for you. To legally do business in Ecuador, including one involved in importing and exporting products, there are several steps you need to take. First, you must obtain an Ecuadorian tax ID number, or RUC, issued by the Ecuadorian Internal Revenue Service…

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MEDICARE RECIPIENTS SHOULD CHECK PLANS

Since its rocky beginning in 1966, Medicare has become the main health insurance provider to more than 50 million Americans, most of them Seniors over age 65.  However, the program has become intensely complex, resulting in a maze of information, plans, and pitfalls that can often derail an individual’s healthcare.  Many individuals just give up trying to determine the best coverage and accept whatever is presented by just any insurance agent, regardless of whether the coverage is the “best fit” for the individual’s needs. While Medicare is intensely confusing at…

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