Video Briefing

Goodlife Investor: Exit Ecuador ASAP?

Aug 12, 2023Video Briefing4:47Watch on YouTube

Ecuador’s security situation has raised concerns for people considering residency there, especially after the assassination of presidential candidate Fernando Villavicencio. The transcript frames the event as part of a broader rise in organized crime and violence in Ecuador, while arguing that residency applicants should assess the risks practically rather than assume the entire country has become impossible to visit.

Fernando Villavicencio, a presidential candidate in Ecuador, was shot dead shortly before the transcript was recorded.

The killing prompted questions from people interested in Ecuadorian residency, especially those who may need to travel to Ecuador to complete the process.

The transcript identifies two main questions:

  • what is happening in Ecuador;
  • whether applicants should continue, delay, or abandon an Ecuador residency process.

Why violence has increased in Ecuador

The transcript links Ecuador’s rise in violence to regional organized crime changes after the peace process in Colombia around 2016.

The argument is that, after changes in Colombia, some organized crime activity shifted into nearby countries. Ecuador became one of the affected countries.

The transcript says this began on a smaller scale but grew over time. It also notes that Ecuador is not the only country in the region facing organized crime pressures.

Villavicencio is described as having been vocal against organized crime and cartels. Because of that, he was considered a target and had reportedly faced multiple threats.

What this means for outsiders

The transcript argues that violence exists in many Latin American countries and should be treated as a practical risk rather than a reason to dismiss an entire country automatically.

It compares Ecuador with other countries where crime exists, including:

  • Mexico;
  • Brazil;
  • the United States;
  • other countries affected by conflict or instability.

The practical advice is that visitors and residency applicants should behave carefully and avoid unnecessary exposure.

Recommended precautions include:

  • choose the right locations;
  • stay in safer areas;
  • keep a low profile;
  • avoid making public comments on sensitive local issues;
  • do not get involved in political or criminal disputes;
  • remain vigilant;
  • use common sense when moving around.

The transcript emphasizes that outsiders should not act as though they belong inside local political or security conflicts. Even if a local figure is acting for a cause, foreign visitors should avoid becoming vocal on issues that could put them at risk.

Should residency applicants continue?

The transcript says the Ecuador residency process itself has not dramatically changed because of the assassination.

For someone already in the middle of an Ecuador residency process, the transcript’s view is that there may be no automatic reason to stop, as long as the person is comfortable with the risk and takes precautions.

However, this is framed as personal opinion, not legal or immigration advice. Each person must decide based on their own risk tolerance.

If a person is afraid of the security situation or does not want to proceed with Ecuador, the transcript says there are many other residency options available.

Alternative residency options

For people who decide Ecuador is not suitable, the transcript mentions several alternatives:

  • Brazil;
  • Argentina;
  • Mexico;
  • Dominican Republic;
  • other residencies worldwide.

The transcript does not provide detailed requirements for these alternatives in this segment, but presents them as possible substitutes for someone who wants a different Plan B route.

Practical conclusion

The assassination of Fernando Villavicencio is presented as a serious event, but not necessarily a reason for every residency applicant to abandon Ecuador.

The transcript’s main position is that Ecuador already had security issues in some regions, and the broader situation has not suddenly become entirely different for ordinary outsiders.

The practical decision depends on the applicant’s comfort level, need to travel, ability to choose safe locations, and willingness to remain low-profile.

For people already pursuing Ecuador, the process may still be worth completing if they take precautions. For those who feel uncomfortable, other Latin American residency options such as Brazil, Argentina, Mexico, and Dominican Republic may be considered instead.