{"id":8456,"date":"2020-11-17T10:28:36","date_gmt":"2020-11-16T21:28:36","guid":{"rendered":"https:\/\/loonglist.com\/?post_type=project&p=8456"},"modified":"2021-04-25T15:57:11","modified_gmt":"2021-04-25T03:57:11","slug":"real-estate-and-tourism-ecuador","status":"publish","type":"project","link":"https:\/\/loonglist.com\/investment-project\/real-estate-and-tourism-ecuador\/","title":{"rendered":"Real Estate and Tourism Ecuador"},"content":{"rendered":"
Prices and costs are moving up and should continue to appreciate for the next several years. Inflation seems to be under control (based on data available through October 2015), and most economic indicators are positive.<\/p>\n
There is a good labor pool available in Ecuador, which makes investing in Ecuador particularly attractive. Minimum compensation levels are set by the Ministry of Labor according to the job and industry and can be adjusted by Congress. The minimum compensation package is about $366 a month, and Ecuador has a wealth of good private sector partners available. All this boils down to a favorable environment to invest in a business in Ecuador.<\/p>\n
The main economic watch areas are the continued and increased dependence on petroleum exports and the level of (and ability to pay) the debt\u2026the latter issue being made more difficult by the political strain created as the indigenous groups push for increased public spending. President Rafael Correa has caused some concern because of his leftist policies, but he maintains that he supports investment in the country.<\/p>\n