Ecuador’s Digital Nomad Visa vs. Rentista Visa
Written by Sara Chaca, Attorney – Abogada, January 7th, 2023
Very many foreigners have contacted me recently, so as to inquire about Ecuador’s new Digital Nomad Visa, in direct comparison/contrast to Ecuador’s now (several year) older Rentista Visa, which itself remains quite the
enigma, in still being among the least accessed/accessible Visa qualification type by Expats.
Presumably, with the new release of Ecuador’s Digital Nomad Visa, light shall be brought to darkness and Expats the world over will embrace its ease of application for those who don’t fit the standard cookie-cutter Visa
options of the past for Investors, Retirees and University matriculates.
And so now, in this article, I will do my very best as Ecuadorian Immigration Attorney, to make clear the options that exist for those who either work online, remotely and/or via atypical venue(s), such that they too can
now qualify for Residency in our beautiful country of Ecuador.
That said, kindly note as follows for the most pertinent information, as it regards the Digital Nomad Visa:
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One must be receiving a NET income of at least $1350+ per month by virtue of the SINGLE source of a Work Contract, Freelance Activities, Equity Trading or quite similar to one of the immediate above qualifications (per
which ordinary printed bank statements will be required to evidence that such income), for the prior 6 months before formally applying for Temporary Residency (that being a 2 year Residency Visa which is convertible to
Permanent Resident or instead renewable as a further 2 year Temporary Residency).
-
One must provide their Background Check(s) from any country(ies) where they have been a Citizen, Resident and/or Tourist for more than 90 days total in the 5 years immediately prior to applying for their Digital Nomad
Visa form of Temporary Residency, besides evidencing their proof of current Marital Status, plus each of those documents necessarily being with their respective Apostille/Legalization (as the case may be by country),
and the same for any bloodline family member Dependents also applying for Temporary Residency along with them.
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One may be outside of Ecuador for an UNLIMITED amount of time as a Temporary Resident, though if they are outside of Ecuador for more than 90 days total in their first 2 years as a Temporary Resident, then they won’t
be able to convert to Permanent Residency and will instead need to renew their Temporary Residency Visa for a further 2 years, unless/until they comply with the immediate above referenced 90 day rule.
In the same way now, please further note as follows for the most pertinent information, as it regards the Rentista Visa:
-
One must be receiving a NET income of at least $1350+ per month by virtue of the SINGLE source of a Real Estate Rental Contract, Non-guaranteed Corporate Income/Pension, Settlement Agreement (i.e. Alimony Payments or
Business Sale) or quite similar to one of the immediate above qualifications (again per which ordinary printed bank statements will be required to evidence that such income), for the prior 6 months before formally
applying for Temporary Residency (that again being a 2 year Residency Visa which is convertible to Permanent Resident or instead renewable as a further 2 year Temporary Residency).
-
One must provide their Background Check(s) from any country(ies) where they have been a Citizen, Resident and/or Tourist for more than 90 days total in the 5 years immediately prior to applying for their Rentista Visa
form of Temporary Residency, besides evidencing their proof of current Marital Status, plus each of those documents necessarily being with their respective Apostille/Legalization (as the case may be by country), and the
same for any direct family member Dependents also applying for Temporary Residency along with them.
-
One may be outside of Ecuador for an UNLIMITED amount of time as a Temporary Resident, though if they are outside of Ecuador for more than 90 days total in their first 2 years as a Temporary Resident, then they won’t be
able to convert to Permanent Residency and will instead need to renew their Temporary Residency Visa for a further 2 years, unless/until they comply with the immediate above referenced 90 day rule.
Certainly, there are times when and where it’s not so clear cut as per if or how one and/or their family members can qualify for either the new Ecuadorian Digital Nomad Visa, or rather the longer in existence (but often
even less understood) Rentista Visa of Ecuador.
Surely though, the very best suggestion is to always from the very beginning of any plan to move to Ecuador, consult with an Ecuadorian Immigration Attorney (whether in person meeting or via WhatsApp/Zoom video call),
so as to determine which option may be best for you (as well as any family members), as oftentimes, Expats assume that they can qualify for one type of visa when either they don’t, or rather they qualify for another
type of visa entirely – this can be a tricky wicket, thus it’s best to bring in a professional early on so as to preempt any possible confusion or other considerations.
Always I’m glad to help Expats solve/resolve their visa qualification matters, and this can be done months or even years in advance of their plans to relocate to Ecuador, so don’t wait a moment longer than you need to,
as in my much experience in serving Expats. For assistance contact me, I am an English speaking Ecuadorian Attorney (principal office is located in Cuenca but services all of Ecuador). I should
get back to you in less than 24 hours (usually much faster) – plus for every Expat, I'll provide a complimentary consultation regarding immigration to Ecuador specific to your circumstances.