Ecuadorian Citizenship Benefits of the Permanent Residency
To begin, a Permanent
Residency or Ecuadorian citizenship in Ecuador lasts for a lifetime.
However, this is contingent upon the visa holder not departing Ecuador for over
90 days during their initial two years of Permanent Residency, or leaving the
country for more than 18 months in a single trip after completing the first two
years of Permanent Residency (this can vary based on when you obtained your
Permanent Residency, so the rules may not apply the same way to everyone).
An important point to keep in
mind is that according to the current guidelines for applying for Ecuadorian
Citizenship, an individual is ineligible to apply if they leave Ecuador for
more than 90 days in either of the first two years after receiving their
Permanent Residency Visa stamp in their Passport, or for over 180 days in their
third year of Permanent Residency.
Dual Ecuadorian citizenship
Contrary to popular belief,
Ecuadorian citizenship laws have consistently allowed Dual Citizenship,
regardless of the citizenship held from another country. Although some
countries might express concerns, in my experience as an immigration attorney,
this is generally quite uncommon.
American and Canadian citizens
will have no issues relating to their home countries, as they can apply for
Ecuadorian citizenship. Thus, the decision to seek Ecuadorian Citizenship after
the first three years of Permanent Residency is a personal one. The
aforementioned rules apply equally to foreigners who are married to an
Ecuadorian Citizen (meaning they also need to wait three years since their
Cedulazation to apply for Ecuadorian Citizenship). In the past, an Expat could
marry an Ecuadorian Citizen and quickly, or within just a few months, attain Ecuadorian
Citizenship. However, that is no longer the situation.
It’s worth noting that any
individual born in Ecuador, or to an Ecuadorian Citizen, will automatically
qualify for Ecuadorian Citizenship by Birth or through their Parents.
It is important to clarify visa
requirements Ecuador and also know that there is no process to acquire
Ecuadorian Citizenship by Investment. First, you must achieve Permanent
Residency in Ecuador and wait the previously mentioned three years.
The primary advantage of
securing citizenship lies in the ability to apply for an Investor Visa using an
Ecuadorian Bank CD or Ecuadorian Real Estate Property. An important point to
keep in mind is that according to the current guidelines for applying for Ecuadorian
Citizenship, an individual is ineligible to apply if they leave Ecuador for
more than 90 days in either of the first two years after receiving their
Permanent Residency Visa stamp in their Passport, or for over 180 days in their
third year of Permanent Residency. Once
you become an Ecuadorian Citizen, you have the freedom to liquidate or sell
your asset and use the funds as you wish.
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