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Good evening Sara,
My wife and I are considering a move to Cuenca. While we are of retirement age (63), we intend to relocate on an Investor Visa. Can you give me an idea of how much time is needed to obtain this type of visa, whether it is possible to get this visa prior to arrival and whether we could change our visa status (from Investor to Pensioner) after 3 to 5 years living in Ecuador? I am also concerned with the safety of our investment, as I have read that at least one institution (cooperativa?) was closed by the government but it is unclear whether all depositors recovered their investments.
Thanking you in advance.
With kind regards,
Michael J. Hanley