Daily coverage from across the country, written for the expat community
Results for “employers”Clear
A survey of 2,570 companies found that nearly half can't fill open positions. The biggest barriers: lack of experience, weak digital skills, and wages that don't compete.
Your IESS pension isn't based on your last salary or years of service alone — it's calculated from the average of your five highest-earning years. If your employer has been under-reporting your salary, you won't find out until retirement. Here's how the formula works.
Two bills moving through Ecuador's Assembly would redirect a 0.5% employer payroll contribution — currently flowing through IESS — to fund the Secap professional training agency. If you run an Ecuadorian business or employ anyone locally, this changes the math.
The National Assembly approved Ecuador's trade agreement with South Korea on April 14, a 23-chapter deal that could boost Ecuadorian exports by roughly $367 million over five years. 98.8% of Ecuador's exportable goods enter South Korea at zero tariff immediately under the agreement. Shrimp is the headline beneficiary. The deal still needs presidential ratification.
President Noboa signed a decree suspending work on April 30, creating a 4-day weekend alongside May 1 (Labor Day). Banks, government offices, and many businesses will close April 30 through May 3. Expect heavy domestic travel, booked hotels, and coastal congestion.
Holy Week runs March 29 through April 5 this year. Good Friday (April 3) is a non-recoverable national holiday. Holy Thursday is NOT a public holiday. Here is what expats need to know about closures, events, and travel.
Semana Santa runs from March 29 to April 5 this year, with Good Friday on April 3 as the national holiday. Expect bank closures, alcohol restrictions, packed beaches, and one of Ecuador's most significant cultural celebrations.
President Noboa's executive decree MDT.2026-059 allows employers to schedule 10-hour workdays within the existing 40-hour weekly cap. Unions were not consulted, and mass protests erupted on March 13 in Quito and Guayaquil. Noboa's approval rating has dropped to 38%.
Ecuador's tax authority is sending notifications to taxpayers with unfiled income tax declarations from previous years — some going back to 2019. Recipients have just 10 business days to respond, and the SRI's seven-year review window means old oversights can surface without warning.
Everything expats need to know for the February 14-17 long weekend: tourism VAT drops from 15% to 8%, all bank branches close for four days, three highways are completely shut from landslides, domestic workers get double pay, and nearly 47,000 police officers are on the streets.
Ecuador's four-day Carnival holiday runs Saturday February 14 through Tuesday February 17. Galapagos gets five days. Here's the practical guide for expats -- where to go, what's closed, and how to survive the water.