How to deal with Ecuadorian immigrants

Ecuador applies for legal residence mainly by investing and setting up private companies. The Immigration Bureau of Ecuador promulgated the new immigration law in the middle of June 5438+ 10, 2005, which stipulated that investors must deposit 2000 dollars in the Central Bank of Ecuador before they can apply for local legal residence. After the residence is approved, the applicant must deposit another $23,000 within 90 days to keep the residence valid. If the applicant fails to deposit within 90 days, the applicant will be deported. If the applicant has left Ecuador, his green card will be cancelled and he cannot return to Ecuador. The way to set up a private company is for investors to register a company in Ecuador or buy shares in other companies in order to participate in the operation. After verification by the Immigration Bureau, legal residence can be approved. Both of the above methods require the applicant to go to Ecuador in person.