Includes how foreign exchange is managed and implications for U.S. business.
Last Published: 8/2/2016

Ecuador uses the U.S. dollar as the country’s official currency. The dollar replaced the Sucre in the year 2000. There are no foreign exchange or capital remittance controls as of January 2016.  Ecuador charges a 5 percent capital exit tax on capital remitted out of the country, although there are exemptions for certain industries.

Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.