12 countries in 12 years

Showing posts with label renting in cuenca. Show all posts
Showing posts with label renting in cuenca. Show all posts

Wednesday, February 17, 2016

Spacious Corner House $370 - Best Rental Value in Cuenca Ecuador

230M (2,410’) spacious house! In today’s Cuenca rental market, this one spells VALUE written all over it!  This corner house is also new. DOGS are ALLOWED!  The home has 5 bedrooms and 4 bathrooms and the price is $370!   Sure, house rentals in this price range pop up on occasion but NOT this big, NOT Brand New and NOT that Take Dogs (very rare at this price). We just called it and it is still for rent but this one really will not last long and that’s no joke.  This house is no longer available!
 


Do you want to see the inside?






5 bedrooms - 3.5 baths







We are not paid commissions from Ecuadorian landlords or Agents for procuring this house for you. We’re on YOUR side. Do you like this house or others you have seen? Check out our Gringo Good Samaritans assistance packages, and tell us on the form what your needs/requirements are.  



We're an Expat Family of Five, Living Frugal, Healthy and Happy Abroad. We live in Cuenca, Ecuador and travel the Ecuador coast whenever we get a chance. We just adventured throughout the country of Panama for five weeks! Come along and enjoy some of our experiences with us!

Sunday, January 31, 2016

Ecuadorian Taxi Driver Says, "Don’t Pay more than $250 to $300 For Rent" - UPDATED 2016

Update January 2016 - This article was first published July 28, 2011. As you know we strive to keep our articles updated for you.  Please note, all new updates are in red text.



The taxi driver who told us not to rent for more than $300 has a budget for rent and it is $250 to $300!  It's what the prices used to be in 2011. Here's something to think about. Taxi drivers before meters made more money and now with the meters since 2014 taxi drivers make less but housing has gone up twofold. 



Update 2016 - There are no more houses in the $300 price range anymore, unless they are old, too far out, don't have a yard and or, are in need of repair. Gringos won't rent those.  



NOTE August 2013: This was said to us by a taxi driver over two years ago...more foreigners here now renting at unreasonable prices, causing the rental market to shoot up. You can still find $300 three and four bedroom home rentals but they are more rare, unfortunately. :-( 



Update 2016- again, no more (nicer with yards) house rentals (maybe apartments) in the $250 to $300. Punch in on OLX Ecuador, then add 4 bedroom homes to the left side column and all that pops up is $420 homes and up and there's just a few at the lower $420 price range, mostly you see $500 to $600, which once were $250 to $300!!


 --------- 




Sitting in San Blas Park in El Centro - Cuenca Ecuador


As the taxi pulled up in front of the house that we rent here in Cuenca Ecuador, the driver asked us, “How much do you pay for rent”? After we told him $250 a month he went on to tell us that paying anything over $300 month for a 3 or 4 bedroom house or apartment is paying too much. He then said, shaking his head and with a tone of disapproval that some Gringos are paying $500-$600, which hikes the prices up, making it hard for local families to find decent homes for themselves. We didn't say this, he did.




We do have to put things into perspective, however. Paying more than $300 for a 3 bedroom means that there might be a 24 hour security guard, or there may be a great view of the city, or that the home or condo is huge with many bedrooms, or perhaps the condo is furnished. Still, it is smart to do your research and not jump in emotionally and overpay, because most gringos that come here and rent are paying too much! Don't be another gringo target and be taken advantage of. When in Ecuador live as the Ecuadorians.



The Cuencanos like us Gringos to come here and spend money in their markets, shops, restaurants, and hotels, BECAUSE WE'RE TOURISTS, but they don’t like us to come here and pay exorbitant (to them) prices on housing because it makes it harder for them to find decent housing for themselves....except for the RE agents and landlords of course..... "sigh".... "sigh" again.



The average wage in Cuenca is about $350 to $400 month, give or take. With Minimum wage at $2.50 to $3.00 how can they rent a 3 or 4 bedroom for their family for $500 or $600 a month? They can’t!! If this isn’t reason enough to help keep rents stable, then I don’t know what would be reason enough.



The people of Ecuador do not have a $2000 dollar retirement check coming in the mail or a $2800 social security check each month. If you want to come here and live then live as they do and say no to being scammed for more rent than the local Cuencano’s would pay! In the end you will be doing the locals a big favor.



Update 2016 -  too late....referring to the statement above.



Cuenca Ecuador the best Retirement City



When we first started researching Ecuador two years ago, Internet real estate prices were about 20% lower than they are now. So what happened in the last two years? 



Well, Cuenca Ecuador has been named the best retirement city in 2009 and 2010 (still waiting to find out about the year 2011) and more and more Gringos are coming here renting at ridiculous prices and buying property at super ridiculous prices. 



International Living magazine loves to exploit new cities for people who want to have a better life with their resources than they have in the states and in Europe. It happened with Costa Rica and Panama. 



We believe Ecuador is the next tourist boom country. Cuenca has the highest rents and property prices out of all the cities in Ecuador and the most Gringos’. Go figure. 



Update 2016 - Cuenca Ecuador has been named in 2009, 2010, 2011, 2012, 2013 best place to retire, not sure about 2014 and 2015



Gringo’s come Here and Buy Property at Internet Prices



Gringos are selling their homes in California, Portland and North Carolina and then buying property here at Internet prices. Many of these house/condo seekers don’t speak very much Spanish so they get a Gringo real-estate company to help them find a property or rental. The Internet prices seems so good to them they just say, ok to the listed price. 



Update 2016 - Don't think there are that many foreigners buying without doing their due diligence first.



The problem is the prices are going up way too fast. Don’t misunderstand me, there are luxury furnished condos that perhaps should rent for the $600 to $700 price range, but we need to compare apples to apples and oranges to oranges. When we see the same amount of housing for two totally different price tags, it makes us wonder. Someone is not negotiating, or walking away. 



Update 2016 - And what is considered "luxury" here is just nice or ok to U.S standards. Just saying...it's reality.



in June 2011, our family moved into a brand new 170M 3/3, office and sun room all on one level, with a back yard for $250 a month (see the pictures here). So, why are some people paying $500 to $600 a month for a 3 bedroom apartment or house when others are only paying $250? It’s called negotiation. If they won’t lower the price, go somewhere else. There are numerous houses and apartments for rent in Cuenca for less than $300 monthly.  Sadly, not anymore...



Update 2016 - We still pay $250 for rent and if we were to try and find the same amount of house today in Cuenca, it would cost around $500 to $600 depending on the area



The best way to get a good price on rent is to NOT go to realtor's that obviously target foreigners. Scan the local papers for deals (use google translate if you need to) and if the price seems out of line, walk away. Meet local Cuencano’s and make friends with them. They will gladly tell you where some houses or apartments are for good value on your rent. There are so few good deals for houses anymore, they should save what's out there for the local people.



Update 2016 - We put much of the blame on the greedy, greedier, greediest real estate agents and home owners who obviously are targeting foreigners. More and more ads say, "rent to foreigners". It's a tourist game.



Ecuadorians want you To Negotiate over Rent



The truth is Ecuadorians like for you to haggle with them over everything you buy, unless you are shopping at the grocery store (Supermaxi) where the prices are fixed. I’ve been told that haggling and bargaining is accepted practice in Ecuador and if you don’t try and haggle over the price they don’t respect you as much. They want you to bargain with them!! 



Update 2016 - It depends on who you are talking with if they will bargain or not. If they have a stake in it, they are less likely to negotiate with the gringos. This is what's happening to Cuenca Ecuador...its changing...just giving a heads up on what's happening here. 



We hope you enjoyed this 2016 update. Talk to us and let us know in the comments if there is anything you would like for us to cover in an up-coming post. We will do our best to offer you the latest information, updates and changes that are happening in Cuenca Ecuador and to share our experiences of living abroad in a Latin America country.



Until we write again.



If you liked this article, we think you like these too.




We're
an Expat Family of Five, Living Frugal, Healthy and Happy Abroad. We
live in Cuenca, Ecuador and travel the Ecuador coast whenever we get a
chance. We just adventured throughout the country of Panama for five
weeks! Come along and enjoy some of our experiences with us!

Tuesday, January 12, 2016

Robert & Joy Cohen from Canada Talk about Their Experience with GGS 'Best Package' Cuenca Ecuador

Today Robert and Joy are talking with us about their experience using Gringo Good Samaritans Best Package. 

                       


We're an Expat Family of Five, Living Frugal, Healthy and Happy Abroad. We live in Cuenca, Ecuador and travel the Ecuador coast whenever we get a chance. We just adventured throughout the country of Panama for five weeks! Come along and enjoy some of our experiences with us!

Monday, January 4, 2016

Moving Abroad (Ecuador) ONLY Because It’s Cheap? UPDATED






This is part 1.



Update: 2016: When we first wrote this article we'd only been living in Ecuador for 5 months...wow that's almost just a long vacation. Read on to find out any changes and updates in Cuenca in the last 4.5 years.  



We’ve written on this subject before, but we have to say it again because we think it is important. Are you prepared for a move to South America? 



This blog post is not going to be talking just about moving to Cuenca but South America  and Latin America in general.  Why? Because all Latin America culture is going to be pretty much the same way of life, such as how they do things, how they live, how they prevent crime and how they will behave toward the foreigner. 





Manana Land is Latin America 



Any Latin American culture is going to be manana land.  Being here for five months now, we’re getting used to this “way of life” and really try and go with the flow of things—we put it behind us rather than complain about it. It can be a little frustrating when you’re waiting for paper work to get processed but it’s not about your paperwork but about when they get around to processing it.







You can’t get angry about it because it’s not in your control to control—you’re in their country now and that means getting used to the way they do things. If this kind of laid back lifestyle annoys you then no Latin America country is going to be compatible with your personality. If you don’t want to put up with manana land, probably the best countries to live are North America or Europe but there goes your great cost of living. 



UPDATE 2016 - We've lived in Cuenca going on five years and have actually adapted to life here. We've written our fair share about, processing paperwork, getting a document notarized and trying to find certain items for a project because at the time it was worth writing about so we could let folks know how things are done here...but it's starting to just seem normal now...and that is because we now know what to expect. And that is the key to adapting; do not expect anything and then you won't be disappointed. 



Motto: Do not expect things to be a certain way and accept things the way they are.





Internet





When waiting to get your Internet connected, you may wait up to two to four weeks. They may say that they’ll be out on a certain day, but never show up, or never call to say they can’t make it. HINT: Although if you know someone here who can go down to the Internet Company with you it may get them to get on the ball and connect your Internet sooner.



UPDATE 2016 - about Internet Service: the service is much, much better now; they even come out within a few days vs. sometimes not at all. 




Deliveries





If you’re waiting to have anything delivered like furniture or appliances, you may not get it delivered on your time schedule. If you’re having furniture custom built, here again, you may wait for weeks or months for them to finish your furniture. These things are all just a part of the Latin American way of life. No worries though, manana does come, even if it’s later than sooner. 



Update 2016 - we have found that if we call them and keep reminding them about it they will respond quicker. 





Wild Goose Chase





This has happened to us on several occasions. When we have asked for directions to something we are looking for, even if they don’t know where it is, they will act like they know where it is and give you directions somewhere, but not to where you are going. This can be exhausting if you’re walking on foot, which both times we were walking downtown and led to not the place we were actually looking for. But at least it is good for your health. Be prepared to be taken on a wild goose chase at least once while living here.



Update 2016 - this has not changed 2016 (LOL)





Taxi cab drivers usually know where most hotels, hostels, major stores restaurants, and government offices are, but some don’t. Just the other day an expat friend of ours told us that  when she was taking a taxi, the driver all of a sudden stopped the cab and told her to get out of the cab. She thought it was really strange and later she was told that when the taxi driver does not know where a certain place or address is, he’ll just tell you to get out of the cab, rather than admit he doesn’t know where the address is. 







Crime Prevention in Latin America





The other day while we were out shopping, we briefly met up with some retired gringos visiting Cuenca. We talked with him and his wife for a brief period of time and they seemed like nice people, until we asked him how they liked Cuenca. He adamantly shot back with “I hate it!”




We were mildly shocked at such a response. Usually when you ask someone how they like it here they might have a few complaints or they absolutely love it here. But in this case it was an adamant, “I hate it”!





We asked him why he hates it here and he said “the security”. At first we all just looked at him with blank stares, not really understanding what he meant. And then he blurted it all out. He said he hated the tall walls around the homes and the tall locked gates, and the security guards all over town with sawed off machine guns, and broken glass for some of the roofs, and always having to be on guard to protect your things, and lada, lada, lada. At the end of his rant about how he hates the feeling of having to always be fearful living here, we noticed he was pretty agitated.





We cordially said our goodbye’s and went back to our shopping. After listening to this man’s frustrations we realized that he and his wife did NOT do their homework. It was a good thing they were just here on a 3-month visit (typical tourist visa) because he clearly was not a happy camper. 





This type of visitor or mover to Ecuador, who does not do their homework is probably quite typical. What the problem is they simply read a few articles from a popular travel magazine about how “wonderful” moving to a certain hyped up city abroad is and they jump on the band wagon and come here with blinders on. Basically this retired couple was going through the process of culture shock because they didn’t know what to expect when coming here—they weren’t prepared!





Anyone who does their due diligent research will know that any Latin American culture is going to be like this as far as crime prevention goes, whether it's Mexico, Spain, Argentina, Panama, Dominican Republic, Uruguay, or Costa Rica. They all have bars, gates, tall walls surrounding your home, broken glass roofs, and security guards with scary looking loaded weapons, at least in certain neighborhoods. 



Update 2016 - we hardly ever see the sawed off shot guns anymore; it's now regular rifles and pistol.  I think they were just too intimidating for some tourists and they are doing away with them. And most of the tourist police only carry batons and maybe tasers.





Funny thing is there is more violent crime in many smaller cities in the states than there is violent crime in Cuenca! You have to be aware and security conscious anywhere you live, just about. Here you do have to worry about petty theft; there you have to worry about petty theft and violent crime. Not to say that violent crime does not happen here, because it does, it just means there is less of it.





Crime prevention techniques seem and look dramatic here because it is dramatic, but it is what works for Latin America. For an example, the house on the street that does not have a tall gate, tall walls, and a whole house alarm system will get broken into while you are away and your valuables will get taken. This is because that house is a target—it’s the most vulnerable house on the block!



Update 2016 - this still holds true today. Cuenca will never do away with tall cement walls and gated bars around the homes, at least not in this generation. It's just the way it is and we must accept it for what it is.





No, you won’t see guards with sawed off shotguns in North America, and no, there are no bars on the windows or tall walls surrounding homes, or cut-glassed roofs in North America but this does not mean that an armed robber will not break into your home while you are sleeping and rob you blind, or if you’re a woman alone, rape and beat you. This kind of violent crime happens in the states everywhere. Both rape and armed robbery is almost nonexistent in Cuenca.





The point is, if you don’t like dramatic security prevention, or if it makes you “feel” more fearful, then perhaps Latin America is not for you.  You may be better off finding a nice small secluded town in Kansas somewhere where you won’t have to worry about personal security, maybe a sleepy little town like Hutchinson, Kansas.





Do Your Research





It’s funny how people watch a few retire abroad videos and read a few articles from the retirement press that hype up Ecuador and then think that Cuenca or some other city in Ecuador is “thee place” to live. It may very well be “thee place” to live for certain types of people, but are you that type of people? Maybe you are and maybe you aren’t.





Only you can figure out if you and your family are that type of people, and you do that by being diligent in how you decide on the best place to live is.  



The most important thing to remember when trying to figure out the best place to live is: understand that the best place to live will never be the best place to live if you are not a happy and content person to begin with.  



On the opposite end of that spectrum: if you are content person within yourself then you can pretty much bet that you’ll be happy living just about anywhere.



Update 2016 - when you first get here there will be mild shockers, whether you adapt or not remains to be seen but we think it starts with moving abroad for the right reasons and not for the wrong reasons. Wrong reasons for m0ving abroad might be because the new place you are moving to is cheap and you think you'll have a better life...maybe you will and maybe you won't.  But moving abroad because you heard it is cheap might not be a reason to keep you here. 




If you liked this article, you might like to read these articles too.



We're
an Expat Family of Five, Living Frugal, Healthy and Happy Abroad. We
live in Cuenca, Ecuador and travel the Ecuador coast whenever we get a
chance. We just adventured throughout the country of Panama for five
weeks! Come along and enjoy some of our experiences with us!

Wednesday, December 16, 2015

UPDATE Dec. 2015 - Can You Still Find the $250 a month Rental in Cuenca?


To see part 1 of this article click here.






We like to keep our readers updated on what's really happening with Cuenca Ecuador. It's been almost four years since the original posting of this article on February 14, 2012.



The BIG question that many people may want to know is if it is still possible to find rents in the $250 price range... and the Ecuadorians are saying, yes! That was then and this is now. 



Look at our update in 2013 below.



UPDATE August 2013: It is rare to find the same amount of house in the same condition as ours in the $250 price range. We have not yet found a $250 rental as nice and as big as our home rental. We do not want to be discouraging but it just is what it is. However, in the $350 price range and even in the $300 price range you can still find nice 3 and 4 bedroom homes. And we're here to help you find a nice rental in the local price market.






When we moved to Cuenca we already knew that it was possible to rent for $250 or lower.  We're renting in that price range now. But until one sees it and hears it for themselves it may be difficult to believe. 



UPDATE December 2015: Not only is it rare to find a $300 4 bedroom 3 bath home in Cuenca, it is non-existent. That price range was gone a long time ago in 2014.  We can only presume and hope that the Ecuadorians have their own underground market so they are not priced out of their homes. We see a lot of Ecuadorian families "searching" for homes in the $200 to $250 price range. See more new updates at the end of this article. 



We've read on blogs and forums of how people say, "yeah you can rent at $200 to $250 a month in Cuenca but you'll be living in squalor". Uh? Who would say such a thing? Those who have a vested interest in the rental market in Cuenca Ecuador!!






This is a great article written by Karen and sums up her experience talking with the Ecuadorians about rentals here in Cuenca. To see the slide show photos that she attached with her article click here and go to Karen's Blog.



Below is the article on Karen's website. 


What You Get for $250 – Cuenca, Ecuador



In one of my earliest posts, I said that it was possible to live in Cuenca and only pay $250 in rent per month.  A kind commenter, who currently lives in Cuenca, then replied that really the monthly rates are more in the range of $300-$500. So, delaying further discussion, I decided to see for myself.




After a week in Cuenca, talking to everyone from taxi drivers, to friends, to shop keepers and bank officers, I can say that the commenter was WRONG!!  You can absolutely live in a nice place in Cuenca for $250 or under and $250-$300 is considered the higher-end by the average Cuencano.  Yes ladies and gentlemen, that is a fact.






Sure if you want to live the high life/expat life, with the other expats, paying higher rental fees to live in condo buildings that are essentially occupied by other retired expats from North America (ex Mexico)….then go ahead and pay more. [There's also that really fabulous, fully furnished house for $600 that I really want.]  

However, if you are moving to Ecuador to make friends AND save money, well then you are in luck, because there are lots of options, you just need to have patience, a little flexibility and some time.






Okay, so why the serious difference in rental rates (perceived or real) between me and the commenter?  Language skills, living standards, other stuff ….take your pick.  All the conversations I had with people regarding living expenses were in Spanish.  While I did contact one of the expat real estate agents, it was on the last day I was in town and we really did not have a chance to speak.  For $250 and below (and it should be below), you can get a two bedroom newly renovated, apartment and the further you are from El Centro, the cheaper it gets. 






I took a tour of a small, 2nd floor, 2-bedroom apartment that had just been renovated and the asking price was $250, which to me means that for a year lease you can get it for $200.  It is a 10 minute walk from downtown and in a decent/typical area.  I also spoke to the owner of a 2 bedroom, new construction apartment that had just rented it for $180.  It is walking distance to a Coral Supermarket (one of the supermarkets that we all would be happy with), a $2 taxi ride or a $0.25 bus ride to downtown and it is a block off a major road and right on the bus lines.






If you are looking for a place, there are tons of rentals, signs are posted on the homes (“se arrienda”) and foreigners are very welcome.  Just bring along some Spanish or a Spanish speaking friend, and negotiate heavily.



Update 2015: Rarely do you see "se arriendas" anymore. Those too have vanished because the real estate companies have them.






The big prize, however, is the home that originally got me excited about living in Ecuador.  I actually got to see the house in person, had dinner on the beautiful handmade/homemade furniture, and it is now the type of house I aspire to have…at the exact same price or less! [Side Note - Frank, Angie and their boys have created some really incredible furniture pieces, my personal favorite is the dining table and its seating.]






To supplement the pictures of the house, below are pictures of the neighborhood. The house is about a 10 minute, $2, taxi-drive from downtown area, or a $0.25 bus ride.






Pictures of the home I visited, before it was furnished, are at following link – Frank and Angie’s Blog.


 


So when someone says it is not possible and you can’t, just repeat these words, “Yes you can!”

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Update December 2015 - As previously stated in our 2015 update above, no more is the $250 or $300 house. The price range now for the same value and standard of home is $450 to $600, and that's unfurnished. We're talking about a house not an apartment. If it has a nice sized yard, it could cost up to $1,500 per month or maybe more. Houses with yards, on one level are a demand from gringos and is why you see they are higher priced.



Rarely you might be able to find a 3 or 4 bedroom for $350 or $400 and the reason it is $350 is because it is on the eastside, or it's a tri-level (gringo's don't like stairs) or it is really old and needs some work, or doesn't have a green space for the dog, or just too far from Supermaxi. 




Apartment rentals in Cuenca have gone up too, but it is easier to find 3/2 apartments in the $400 to $500 range (yes with elevator) and totally furnished for $500 to $750.  However, with that said, apartment buildings with many gringos living there have risen the most and are way over-priced where you will seldom find a 3/2 NOT furnished for under $600. 



Remember the article we just wrote a few days ago about how rents rise so quickly? Here it is again, just in case you missed it. Does Cuenca Have Neighborhoods to Avoid from High Priced Rents? 






Okay then, that is our end of the year (2015) update for rentals in Cuenca Ecuador. Did you like this article? Then you might like these articles too! 







We're
an Expat Family of Five, Living Frugal, Healthy and Happy Abroad. We
live in Cuenca, Ecuador and travel the Ecuador coast whenever we get a
chance. We just adventured throughout the country of Panama for five
weeks! Come along and enjoy some of our experiences with us!




Thursday, July 23, 2015

Cuenca Modern Town House 200M (2,152') 4-Bed/3.5-Baths

Cuenca Modern Town House 200M (2,152') 
4 bedrooms and 3.5 baths.  

Town home is located in private gated community. The first floor has a big living room and dining room with access to the patio and garden area; also on the first floor is the kitchen and guest bathroom and a laundry area. The home has nice finishes and is bright.  

living room area
Second floor has a big master bedroom with walk-in closets and bathroom ensuite (bath tub). Also on floor two is 2 more bedrooms with built-in closets and full bathroom.
 

Third floor has 1 large bedroom and bathroom, plus storage space. 
 

Outside area has covered parking for one car and more storage space. The house is fitted with a whole house alarm system, phone line and ready for cable; just need to call them out. 

This Cuenca home is located in a super location near Avenida las Americas, grocery shopping (Coral Centro) and bus line. Monthly rent is (Asking price) $350 plus $20 for condo fees. 
*****

Large 200M (2,152') Cuenca Apartment 3/2

This nice four year old apartment is all on one level (no stairs) and is comprised of kitchen, laundry, green area, living room/dining room, master bedroom with bath and two more bedrooms and full bath. Bedrooms all have built-in closets.  The apartment comes with one parking space. Near to shopping and bus line. Asking price $370 per month!

These are the best value rental options in Cuenca today and they are available now.  Take a look at our Assistance Packages and choose the one that fits your needs; and we'll provide the priceless protection for your smooth transition abroad from Gringo Good Samaritans. http://www.gringogoodsamaritans.com

Friday, January 9, 2015

3 Ways “Going Local” Helps Ecuador

1. Going local spreads Commerce throughout the Ecuadorian population and not just for the tourist industry and real estate services. There’s always going to be tourists and that is what tourist services and pricing is all about. However, should a permanent resident of Ecuador and the LOCALS pay tourist pricing too?
 


EXAMPLE: When foreign residents go local it spreads money throughout the entire population, also helping out the small Ecuadorian business establishments and indigenous sellers and services which in turn does two things for Ecuador: 1) establishes good relations with the local community, and 2) gains respect from the Ecuadorians towards the foreigners.
 


Both values go a long way to keep Cuenca and Ecuador a nice and pleasant place to live in for everyone. Pricing the local folks out of their “cost of living market” will eventually cause resentment and animosity from the local community who do not work in the tourism and real estate industries; also it causes more crime and violence against the foreigners. Does that sound like somewhere you would want to live? 





Bottom line: Let the tourists be tourists and if you’re a resident then behave like someone who cares about the local community and stop acting like a rich tourist. 
 


2.  Negotiate and Don’t Accept Gringo Gouging. There’s no such thing as “gringo tax”; it is a made up term by the wealthier gringos so they won’t feel so bad when they are gringoed. By the way, definition of “tax” means duty; it is NOT a duty to overpay just because you’re a gringo.
 


When permanent residents live like the locals it establishes respectful relationships within the local community because the permanent resident will be establishing their relationship based on respect rather than based on money and greed. We have to remember, the root cause of poor business ethics is almost always based on greed. In the long run permanent residents having good business relationships with the locals, provides a better and more vibrant living environment for everyone. 



And so we can see then that a gringo’s attitude of simply “shrugging their shoulders” and paying whatever price is quoted definitely causes greed with some of the Ecuadorian business owners and its services such as tourism and real estate and that greed is what pushes prices up! We also believe it can cause the local people to feel disrespect towards the gringos. It's happening today in Cuenca Ecuador.


Greed also causes bad business principles that establish
pitiful precedents within the Ecuador real estate markets such as charging three
deposits up front. Some gringos, because of their nonchalant view towards getting gringo gouged and behaving as pushovers to the gringo price structures and principles, cause the Ecuadorians to be greedy.  




In the short run it may seem like the noble thing to do just because you have the money, but in the long run, if foreigners simply overpay for everything such as rent, purchasing a home, food, restaurants, doctor visits, tourist services, etc, it will induce dislike among many in the local community that are not profiteering from the gringo-gouging game!   



The profiteers will love you (but not really) and the wage earners and small business owners will dislike you. And there are far more wage earners and mom and pop businesses in Ecuador than profiteers.


3. When gringos integrate within the local community it is clearly a sign of respect towards the local people and you are more apt to be accepted as one of them. Even though we are foreign and different in some ways, we will receive the same price structure as they do. We know this to be true because we have been doing it and living it for almost four years right here in Cuenca! 




What immersion and integration does is: saves you money, and because you are accepted into the community living here, it will feel more like home, and you won't want to leave. 



NOTE: This article applies to living anywhere in South America where gringos are thought to be "rich" and "pushovers" for a new pricing structure and principles by the local profiteers just because they think they can get away with it. 



If going local interests you then you'll be good to go with the DIY Cuenca or Quito or Ecuador Coast Landing Guide in your hands!



We're an Expat Family of Five Living Frugal, Healthy and Happy in Cuenca Ecuador! Enjoy the Discover Cuenca blog!