Wednesday, June 18, 2014
It's harder to be expat now, no matter what country you're from. Quito, Ecuador. June 2014.
While English speaking expats in Ecuador discussing FATCA, its big worldwide rollout July 1, 2014 and that " Almost all Ecuadorian banks have met the requirements. A searchable website is available here: http://apps.irs.gov/app/fatcaFfiList/flu.jsf "
Here is the approved list of Ecuadorian banks that have complied and have obtained a GIIN from the IRS for FATCA compliance.
Note: This list can change as a new list is published each month by the IRS.
AFP Genesis Administradora de Fondos y F
ContiSea Holdings Cia. Ltd.
Banco Internacional S.A.
Akaoasesores Cia. Ltda.
Banco de la Produccion S.A. Produbanco
Banco Promerica S.A.
BANCO PICHINCHA C.A.
Banco de Loja S.A.
Banco General Ruminahui S.A.
Diners Club del Ecuador S. A.
INTERDIN S. A.
Banco ProCredit S.A.
Banco Bolivariano C.A.
BANCO DE MACHALA S. A.
Banco del Pacifico SA
PACIFICARD SA COMPANIA EMISORA Y ADMIN
BANCO DEL PACIFICO S.A.
CORPIFEXSA Corp de Inversiones y SA
Cititrading S.A. Casa de Valores
VectorGlobal WMG Casa de Valores, S.A.
Banco de Guayaquil S.A.
Meanwhile Russian speaking expats in Ecuador are worried about Russia criminalizing ‘concealment’ of dual citizenship and permanent residence outside of Russia.
Russian citizens have not only Russian, but also any other passport, shall within two months from the date of receipt of written notice to the Federal Migration Service. If this does not happen - they have to pay a fine (up to 200 thousand rubles), or go to compulsory work (400 hours).
So far nobody knows how? where? etc. to send "written notice to the Federal Migration Service" including Federal Migration Service itself.
We have a 2 bedroom, 1 bath totally remodeled
Colonial Quito, furnished apartment for rent.
For booking, pictures and more info