Opening a Small Business in Ecuador

For any new (or possibly not so new) Expat who has moved to Ecuador, the question that often arises is what to do with one’s time.  Unless one plans to devote their energy, time and investment towards a preexisting organization (i.e. a Charity or other Not for Profit Organization), the idea of opening a business in Ecuador becomes very appealing; especially with the costs of funding most startups in Ecuador being a very small fraction of what the same would otherwise cost in say, the US, Canada, Europe or Australia.…

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Chimbora Hats: the perfect combination between luxury and tradition

Chimbora Hats

If you ask Nicholas Barringer to describe himself, he would answer: “Nicholas is an adventurous young man who loves to travel and tries to be a better person every day”. And this seems to be a very accurate description!  After spending time in the United States as a life guard, at the age of 17 Nicholas started his journey through South America, working for a non-profit in Guatemala. From there, he later moved on to Buenos Aires.  And after that, Cuenca. Barringer has lived in Ecuador now for over six…

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Hostel Casa Iskun

The secret to business success really isn’t all that secret – be passionate about what you do while offering sensational service at a fair price, and treat your customers like family.  Combine these common sense tenets with a strong marketing and advertising plan, and you are well on your way to building a long-term, sustainable business.   These were the very ideas that Maria Morales and her daughter Alexa, who is currently working toward her degree in Marketing, had in mind when they opened the doors of Hostal Casa Izkun at…

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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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Wills in Ecuador: Do You Need One?

While laws in Ecuador are always changing, Ecuador DOES generally respect Ecuadorian Wills made in accordance with the specific law at the time, that any particular Last Will & Testament comports with. It is very important to note that a US Will (or other foreign Will) does NOT generally take the place of an Ecuadorian Will; particularly because certain requirements exist in Ecuador as far as how and when assets must be disposed of at death (or specific percentages thereof). A good example of this, is that US Wills, by…

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All Things Alpaca Ecuador

Alpacas produce a luxurious fiber esteemed by textile connoisseurs throughout the world.  The history of this domestic species extends back four thousand years.  By the time the Spanish arrived 500 years ago, alpacas were being raised everywhere in the central Andes, and the conquerors would certainly have found these “sheep of the Andes” grazing the hillsides and grassland páramos within what we know today as Ecuador.  But alpacas became extinct in this country during the late 1800s, after centuries of decline due to disease, displacement by introduced European livestock, and…

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Tot Hill Farm Golf Club

Ogburn Yates grew up in Asheboro. His dad managed the local Belk-Yates store, and he and his brother both eventually entered the family business. In the early 1940s, the family began searching the surrounding area for a farm. His father loved horses, having grown up around them in Monroe, NC. In the Fall of 1943 they traveled out of town one Sunday to have a picnic and look over a wooded site for sale. Later, they drove a mile or so down a winding dirt lane. To their left was…

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Business Buzz – Turnleaf Designs

Suzanna Chriscoe has always been creative.  She grew up in a very business oriented family. Her grandfather owned coal mines as well as other collateral businesses and her dad and sister have created several successful small businesses throughout her life.  Though she inherited her business sense from her dad’s side of the family, her creative side certainly came down through her mom. When she graduated from high school she attended UNCG, working towards a Biology Degree.  During class, she would doodle on her margins of her papers to make classmates…

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Logo of Love

Sometimes, the best ideas come to us in the least likely places. Brandi Crumley, owner of Ennobra Bloom Boutique, was driving to Lexington one day last summer, listening to K-Love and they were talking about how Romans built the cross, and it was their symbol.  They continued on to say that God was able to turn that symbol into one of love.  In an instant, the road faded to the background and the Logo of Love image popped into her brain, perfectly formed and she quickly pulled over to the…

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Cross Road Retirement Community Contracts With Sunstates Security

Sunstates Security has contracted with Cross Road Retirement Community to provide security services on their campus seven nights a week from 9:00 p.m. to 5:00 a.m. “We felt it was time for us to look at doing more for the safety of our residents,” said Steve Rumbley, Executive Director.  “Our world has changed and continues to change.  We want to be proactive in responding to the needs of our residents and believe this is a good first step.  In the future, additional security services may be added as we continue…

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