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Latin America Investment News on Viva Tropical

The Great Gringo Invasion of Cuenca

Article Summary:

Cuenca Ecuador continues to be one of the hottest destinations for English-speaking expats as the total number now exceeds 4,000 residents, and there is  no denying the city’s growing popularity among foreigners looking for a new home.

Photo Credit: Today in Ecuador

Original Article Text From Today in Ecuador:

Cuenca: Home away from home

Although it’s been called the “Gringo invasion” in newspaper, magazine and website articles, Cuenca´s influx of English-speaking foreign residents hardly represents the action of conquering hordes. There is, however, no denying the city´s growing popularity among foreigners looking for a new home.

Cuenca´s status as a world-class expat destination can be dated to September, 2009. That´s when International Living, a magazine and internet-based service for North Americans considering moving overseas, named Cuenca the world’s number one retirement destination. The story was quickly picked up by other publications and websites, including MSN, Yahoo, U.S. News and World Report and USA Today.

“The growth of North Americans in Cuenca has been amazing in the last four years,” says Sonia Gonzalez, a graduate student researcher at the University of Cuenca. “My studies show there were only 200 or 250 in 2008, so we’ve seen a ten-fold increase.”

For the record, immigration authorities estimate that Cuenca has 4,000 native English speaking foreigners living in the city. The number includes both permanent residents, which number about 2,000, and those on long-term visas, mostly students, teachers, volunteers, missionaries and those in town to check out the city as a place to relocate.

What´s the attraction?
The answer is simple, according to former British journalist and part-time Cuenca resident Sylvan Hardy. “This is a great place to live.”

Hardy says that the claims made by International Living are mostly true. “The cost of living is less than half of what it is in the U.S. and U.K. The weather is pleasant. The culture and history are rich. The infrastructure, transportation and medical care are good.”

He adds: “Cuenca is large enough to have some of the conveniences we had back home, such as malls, supermarkets and good restaurants.”

Another draw is that Cuenca is not your typical expat community.

“The foreigners here have not changed the town´s sense of identity,” says Sonya Sommers, a California native who had lived in San Miguel de Allende, Mexico and Boquete, Panama before moving to Cuenca. “I have seen places where the gringos have transformed the town and have tried to make themselves the focal point. In Cuenca, there are no gringo-only subdivisions and there are very few American fast food joints.”

Hardy and Sommers attribute much of Cuenca´s attractiveness to its size. “This is a town of half a million so it can easily absorb a couple thousands gringos, and probably quite a few more, before there’s a dramatic affect on the local culture,” says Hardy.

Sommers says that the size of the city also makes it easier to get involved in local activities. “I attend a few gringo events but mostly I take advantage of what the larger community offers, whether it’s symphony performances, crafts shows, art exhibits or indigenous festivals.”

Making friends with locals is also easy, Sommers says. “In Panama and Mexico, almost all of the locals we knew were service workers. In Cuenca, my Ecuadorian friends are architects, artists, professors and lawyers.” She adds: “Since I´m still struggling with my Spanish, it helps that most of them speak English.”

Despite integrating into the local life, expats also have their own meeting places and activities. “We can’t deny our heritage and it’s nice to get together occasionally with folks from the old country,” says Hardy.

A growing number of expat-owned businesses provide a social network for foreign residents. Although expat-owned bars and restaurants cater to a mixed crowd of Ecuadorians and expats, most host special gringo events.

California Kitchen, DiBacco, and Nectar, are three restaurants that make space available for special events. Other popular expat-owned restaurants and cafes include Eucalyptus Café, Kookaburra Café, Café Austria, Inca Lounge and Bistro, Café San Sebas and Windhorse Café .

The Carlolina Bookstore on Calle Hermano Miguel, owned by former North Carolina residents Lee and Carol Dubs, serves as a de facto community center for foreign residents. A retired language professor, Lee discovered Cuenca in the 1960s when he served in the U.S. Peace Corps, and returned nine years ago to live.

Are there downsides to the expat surge? “Of course,” says Hardy. “You will always have a few folk who have heard that Cuenca is the place to be and come down to make a fast buck. It´s the usual gang of hucksters and snake oil merchants you find in any expat community. Fortunately, most of them don´t hang around too long.”

Another problem, says Gonzalez, is Internet -generated hype, particularly about real estate costs. “We keep hearing that you can buy luxury condos here for $40,000 in Cuenca. That’s simply not the case anymore. Real estate prices have been appreciating at 10% to 12% a year for five years, so prices have gone up dramatically. If you are looking for bargain basement prices, you will disappointed.”

Link to Original Article:

From Today in Ecuador

  • dean

    I have lived in Esmeraldas for the past 12 years and love it here. Relocating from the U.S. shortly after the Dollar was introduced to Ecuador. I always hear stories about how cheap everything was when the Sucre was the official currency in Ecuador. Also remember peoples wage were almost nothing ,so you had a haves and have nots society. Today it isnt uncommon to see young ladies with brand new cars cruising about town. Something almost unheard of when I arrived here. So all in all the U.S. Dollar has had a good impact on Ecuador. More middle class with real buying power. Correa, while not perfect has rebuilt the infastructure and traveling from one end of the country is much safer and accessable. Something his predecessors could never seem to get done. Probably too busy getting the millions of stolen dollars out of the county to personal foreign bank accounts. I love Ecuador and hope the country and its people continue to prosper.

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