Bienvenidos!
• Founded in 2011 by
Company overview
Gordon Poole Yves Cormier
• Mission: Simplify real estate purchase in Ecuador for Canadians, in accordance with both Ecuadorian and Canadian commercial laws, in English and in French.
• Objective: Being a world class leader for foreign real estate development in Ecuador
1. Personalized sales network throughout Canada and (soon) United States
Company overview
2. Leverage the strengths of Ecuadorian and Canadian construction standards to build a team that exceeds the North American clientele’s expectations
Our team
VP Sales & Marketing
Yves Cormier
VP Design &Construction
Gordon Poole
Design
Josée Sigouin, Designer
Vickie Charlebois-Savoie, Designer
Jeremy Cheff, Designer
Oscar Fong, Contract Coordinator
Marketing, finance, administration
Isabelle Coulombe, Marketing Coordinator
René Angers, Accounting
Linda Lee, Executive Secretary
Joachim Braun, Administrative support
Sales
Wayne Tessier, Directeur
Sylvie Beauchesne, QC
Bruno Coulombe, QC
Andrew Ezeard, ON
Yanick Goulet, QC
Paris Lalonde, Équateur
Yolande Lapointe, QC
John Leask, MB, SK, AB, USA
Mario Pelchat, QC
Michel Sylvestre, QC, ON
+ 150 subcontracted
partners in Ecuador
• 8 000+ Canadians met each year in free informational seminars
• Coming soon: expansion to the US
Sales achievements
• Since 2010: 1000+ land lots in Montecristi, Manabí
• 2015 : 300+ land lots sold
Sales achievementsDec. 2012
Dec. 2015
• Construction is ramping up quickly
Construction achievements
Our future in Ecuador
• 15 minutes from Manta
• Kite surfing « mecca »
•Malecon project
•Wealthy Ecuadorians
• Condo market growing at 10% per year in Manta
Santa Marianita
• 4,000 m2
• 50m x 80m (approx)
• Between main road and malecon
Santa Marianita
• 4,000 m2
• 50m x 80m (approx)
• Between main road and malecon
• Trip to Ecuador December 10, 2015
Land seeking in Ecuador
Opportunity for investors
Advantages of doing business in Ecuador• Dependable infrastructure
Air & road excellent Good communications network - ex: fibre optic to the home, 4G LTE cellular network Electrical infrastructure getting better and better
• Human resources Access to affordable, high quality professional resources (engineers, architects, accountants) - some are
cheaper than India!
• Technology Increasing level of services available online - income tax reporting, labour contracts, visas, etc.
• Asset acquisition Relative ease of construction permits (Ecuador in top third of latin american countries) Relatively easy to register property / change title
• Same time zone
Opportunity for investors
Challenges / Barriers to entry• Language
• Business culture barriers can be significant
• Legal and accounting: practices quite different and often more complicated (a bit of "red tape") very heavy on the reporting requirements (but for the right reasons) anti-laundering legislation
• Limited access to debt
• "Gringo" pricing
Opportunity for investors
Summary…Ecuador is a very interesting location for investment
with the right financial backing and experienced partners
Partner of choice for real estate investment in Ecuador
Thank you for your attention