Ecuador is an agricultural country. Ecuador in the 70s and 80s because of oil and rapid economic growth, oil is the country's important source of finance, and in recent years, because of the decline in oil prices, the economic impact on the big, 16 years in the coastal area of the big earthquake, the local economy has also caused a certain degree of impact. 98 years of inflation caused by the economic crisis, the government decided to use the U.S. dollar in order to stabilize the economy.

Ecuador and China's economic exchanges: In 2007, President Correa took office, pay special attention to the relationship with the Chinese side, attracted a large number of Chinese enterprises to invest. Chinese companies over here have contributed a lot to Ecuador's communications, oil and infrastructure development. Entrepreneurial opportunities will always be very much related to the policies of the destination country.

Ecuadorian health care: Ecuador's public hospitals are free, and even tourists traveling here can enjoy the same treatment! However, the disadvantage is that you need to queue up, if you do not want to queue up or demanding medical level, you can choose private hospital clinics. Private health insurance costs about 60 USD/month.

For those who want to come to Ecuador:

Employment:

Working for someone else: If you are a Spanish interpreter, the pay usually starts at 1500USD/month, and if you are an expatriate technician, you will earn much more. For common jobs, the average boss favors hiring local staff, with a minimum wage rate of 400 USD/month.

Entrepreneurship: It is the first choice for Chinese who have lived here for a long time. Import and export trade and catering are the majority. Other industries are available.

Incomplete statistics, there are about 80,000 local Chinese, and among the Chinese community, you can also start a small business with your own skills, private kitchens, beauty salons, massages, electronic repairs ......

Overall: Ecuador is a developing country with a medium level economy. However, it is a very good country to live in and retire. It has a four-season climate, excellent natural environment, better security compared to other Latin American countries, moderate prices for higher education and healthcare, low housing prices, and a dollar economy. Later, we will specifically introduce why Europeans and Americans preferred here as a place to retire. Want to come here to make money, there are opportunities, but, be sure to plan ahead, especially to do catering, there has been a surplus.