Warning: Parameter 2 to wp_hide_post_Public::query_posts_join() expected to be a reference, value given in /home/customer/www/ecuadorliving.com/public_html/wp-includes/class-wp-hook.php on line 303
Growing Ecuador Bank Risk
Warning: Use of undefined constant user_level - assumed 'user_level' (this will throw an Error in a future version of PHP) in /home/customer/www/ecuadorliving.com/public_html/wp-content/plugins/ultimate_ga_1.6.0/ultimate_ga_1.6.0.php on line 524
Feed on
Posts

Growing Ecuador Bank Risk


Warning: Parameter 2 to wp_hide_post_Public::query_posts_join() expected to be a reference, value given in /home/customer/www/ecuadorliving.com/public_html/wp-includes/class-wp-hook.php on line 303

Warning: Use of undefined constant user_level - assumed 'user_level' (this will throw an Error in a future version of PHP) in /home/customer/www/ecuadorliving.com/public_html/wp-content/plugins/ultimate_ga_1.6.0/ultimate_ga_1.6.0.php on line 524

There is a growing concern over two types of  Ecuador bank risks.

There are two types of growing Ecuador bank risk.

banco territorial

Antique Banco Territorial certificate… an Ecuador bank… now gone.

The first risk is that Ecuador’s government catches on to the Cyprus style “Bail In” in case of any further Ecuador bank failures.  There is reason to have this fear.

In March 2013 one of Ecuador’s smaller banks, Territorial Bank, was closed due to solvency and liquidity problems.

According to state-run news media, the bank had 75,000 clients, and 99 percent of them had deposits of less than $31,000. The government insures deposits of up to $31,000.

Depositors at all banks may be nervous all over Ecuador. Ecuador banks were closed in 2000 and the bank guarantee did not return all the cash as promised.  Depositors were given five year bonds or vastly reduced amounts instead.

Later Ecuador defaulted on many of it bonds… so neither the country or its banking system have much of a record for safety.

This is why we always recommend to keep only modest amounts needed for daily living in Ecuador banks.

The second and more likely risk is that Ecuador banks stop accepting US account holders due to America’s strict Foreign Account Tax Compliance Act (FATCA) regulations.

We have an Ecuador attorney on the Ateam Ecuador and he is investigating how Ecuador banks will be treating US account holders relating to FATCA.

Here is what he has uncovered so far:  Gary,  There is deep concern with Ecuadorian banks.  For FATCA to be applicable in Ecuador legal changes must first be made and I am not aware they have been made.

FATCA goes against our banking secrecy laws which are a assurance of most banking systems. No bank or bank officer can disclose information on
accounts or account holders unless lawfully requested by a proper authority.

In 2012 there was a meeting amongst bankers and banking authorities to discuss the implications of FATCA in Ecuador.

I have spoken with bankers and they say that each bank is analyzing what it takes to comply with FATCA and whether they can or not.

They will only be able to comply if legal changes are made first and there is no official statement on this yet.

Ecuador banks are seeking joint positions by the Ecuador Bank Association as well.

I will stay in touch with this and keep you informed.

This is a growing concern because the US government is taking a hard line on non US bankers who do not comply with FATCA regulations which require non US banks to report income of US customers.

They have expanded a policy of intimidation and are again using attacks on Swiss bankers to serve warnings that overseas banks had better not ignore US regulations.

An April 29, 2013 Reuter’s article “U.S. officials arrest Swiss banker” by Katharina Bart shows that US authorities continue to use intimidation tactics to get more bankers in more countries to disclose US account holders or refuse to open accounts for US citizens.
Here is an excerpt: U.S. officials have arrested a former UBS banker working for the Swiss operations of Coutts, the private banking division of Royal Bank of Scotland Group Plc , sources told Reuters.

The arrest comes as U.S. authorities crack down on tax evasion and has revived Swiss bankers’ fears that they could face detention if they travel to the United States and are suspected of helping people hide money in offshore accounts.

According to Swiss media reports, the man was transferred to Miami and fitted with an electronic surveillance bracelet. The reports did not make it clear whether he remains in custody.

“As far as we are aware, Coutts is not a target of any U.S. investigation,” the bank said.

“The U.S. is not a target market for Coutts and it is our policy to only do business with U.S. declared, or U.S. tax compliant clients,” Coutts said.

A New York Times article entitled “For Americans Abroad, Taxes Just Got More Complicated” by David Jolly shows how complicated this aggression is for both bankers outside the US and for Americans living abroad. 

Here is an excerpt:   As income tax filing deadline rolls around, spare a thought for the millions of Americans overseas who have been singled out by Congress for special treatment, with a new form that will add to the hassle of tax time for many and, critics say, set up the unwary for penalties.

“It’s a monstrosity,” Steven R. Horton, whose tax practice in Paris advises American expatriates, said of the new demand from the U.S. Internal Revenue Service: Form 8938, the Statement of Specified Foreign Financial Assets. “It compels every taxpayer to try to find a way that they’re guilty of some kind of omission.”

The new requirement comes courtesy of the Foreign Account Tax Compliance Act, or Fatca, an effort to crack down on offshore tax evasion by U.S. citizens.

The new form requires taxpayers to provide detailed information on their overseas financial accounts, including income derived from them. The penalties for failing to file start at $10,000. Significantly, tax experts warn, filers are subject to major penalties for underreporting — and even where innocent errors are made, they say, it will be up to the taxpayer to convince the I.R.S. examiner of their innocence. The statute of limitations does not expire until after a corrected form is filed.

In the United States, financial institutions furnish taxpayers’ account information directly to the I.R.S. Under Fatca, filers overseas have in effect been commanded by Congress to do that themselves, turning over every bit of financial information to the government, something that has never been required before.

Mr. Horton, who has already helped a few clients fill out Form 8938, said that for most individual filers, “even if we’re talking about a modest set of accounts, it’s going to take a full Saturday to do it.”

Alone among the citizens of the developed world, Americans have the same tax-filing and tax-payment responsibilities whether or not they reside in the United States. American expatriates still have to file the annual Form 1040, and all the documentation that goes with it — even though most already pay taxes in their countries of residence. (The burden of taxation is softened by a $92,900 exclusion that allows many expatriates to avoid any U.S. liability.)

Expatriates don’t have the same clout in Washington, and beginning this year a single American residing overseas with financial assets of more than $200,000 on Dec. 31, or $300,000 at any point during 2011, must file Form 8938; for a married couple filing jointly, the thresholds are $400,000 and $600,000. (For U.S. residents with accounts overseas, the thresholds are much lower.) Homes are generally outside the remit of the law, pensions and deferred compensation are not.

Tax experts say far more than just the storied “one percent” will be affected. Failure to file Form 8938 exposes a taxpayer to hefty fines — $10,000 if they do not file within 90 days of I.R.S. notification. That is in addition to FBAR penalties ranging from $500 to 50 percent of the value of the accounts in question.

The information gathered by FBAR, it happens, is used by the U.S. Treasury in its efforts under the Banking Secrecy Act to identify crimes like money laundering and terrorist financing. But that information is not shared with the I.R.S. When Congress decided the I.R.S. should have the tools to find foreign accounts and impose penalties in the audit process, it simply ordained that Americans fill out another form: Form 8938.

International tax experts worry that even accidental discrepancies on the new form will expose filers to big penalties. And if examiners do end up comparing information on the FBAR and FATCA forms, which have different filing deadlines and are sent to different offices, they say, it could open the door to more trouble.
Many overseas and US banks started dropping American customers five years ago and the trend has grown.

ABN AMRO, a huge, Dutch based, international bank was one of the first when they gave all clients  with U.S. passports within 30 days notice in 2008 and then closed their accounts because of the  high costs to comply with U.S. regulations.

In 2009 the Swiss and British joined in.

Here’s an excerpt from a 13, June 2009 Telegraph article entitled “Lloyds Bank hit by Obama tax purge” by By Louise Armitstead:   Banking group drops American customers in UK ahead of costly proposals to stamp out tax evasion  Lloyds Banking Group is ditching American customers based in Britain pending a crackdown on international tax evasion planned by President Barack Obama.

This week American private client account-holders at Lloyds’s received letters informing them of an “important change in policy regarding clients who are resident, domiciled or linked to the United States by property or asset holdings”. They were told the bank had “no choice” but to “cease acting as your investment manager.”

One letter sent to Bank of Scotland’s portfolio management division, which is now part of Lloyds, said: “The USA has a mature regulatory environment governed by its Securities and Exchange Commission. These regulations mean that we are not licensed to manage portfolios for US clients.”

The letter added: “Unfortunately we cannot offer an equivalent service from within Lloyds Banking Group.” Clients have been advised to transfer their assets.

One recipient, who has lived in the UK for over 25 years, said: “After all this time, I’ve suddenly been told I must take my money elsewhere and I don’t understand why. Now I’m scared that other banks won’t take me on either.”

The Swiss joined the Brits in shedding US account holders.

A July 12, 2009 USA Today article entitled “Some foreign banks drop U.S. clients because of UBS flap”  by Kevin McCoy explains how other banks have booted Americans as well.  An excerpt says: The closely watched Justice Department court fight to get the names of 52,000 suspected American tax evaders from Swiss banking giant UBS has prompted some other foreign banks to drop U.S. clients they once welcomed, tax experts said Monday.

Eager to avoid a similar struggle with federal prosecutors, banks including Credit Suisse and HSBC in recent weeks have notified American clients they must close their offshore accounts or transfer them to the institutions’ U.S.-based operations, where tax reporting requirements are far stricter.

“Overall, the international banking community, and particularly the offshore banking community, has been very friendly to American account holders,” said William Sharp, a tax law specialist at the Sharp Kemm law firm in Tampa. “That changed in the past couple of months as a result of the UBS case.”

This problem has been growing over decades.

Over the last 30 years I have watched one of the sneakiest attacks against the multi currency investing ability of Americans…not by terrorists but by the US government itself.

Americans would be outraged if a law was passed that prohibited them from multi currency investing abroad or holding multi currencies in overseas banks. This would be unacceptable…political suicide for any politician to propose it.

Yet make no mistake..the US banking industry…much of the US legal profession, the SEC and the IRS do not want Americans to invest abroad…or hold multi currency assets out of their reach.

So slowly…inexorably over the years US regulators have created regulations that do not affect US investors. These regulations inhibit overseas banks instead and force these overseas banks to shut out American investors from multi currency investments.

The first multi currency ripple began, years ago clear back in the late 70s when the concept was accepted that American regulators can go beyond their regulation. This was an unusual twist. In short, the idea was that a US investor could not get rid of US protection even if he or she wished to do so. If I preferred the protection of Swiss or German or English bank laws…tough. the regulations stated that if an overseas bank had an American client, they had to observe US regulations.

This put many banks in a position of conflict. The local banking and investing laws sometimes conflicted with those in the US.

The first hint of this came in the late 70s. I banked with Credit Suisse in Zurich. They simply sold (without asking) all the mutual funds I had there. New SEC regulations prohibited non SEC registered banks from selling many types of mutual funds to Americans. The Credit Suisse response was to simply sell all mutual funds held by their US clients and not let them buy any more.

Then, in the early 80s, though I lived in London, it became harder for me to bank there!

Later the Austrian bank I used stopped accepting American clients. Many other overseas banks raised minimum accounts to a million or more.

Complying with US regulations just was not worth it for the banks and as mentioned at times created conflicts. To follow US law broke laws in the country of the bank.

Deterioration of banking services for Americans abroad followed…slowly but regularly there were fewer services and fewer banks for Americans.

We are working with both Ecuadorian and US attorneys and tax preparers to help our readers who live or plan to live abroad.

In the mean time I have written a report on the importance of bank safety when considering in retirement economics.

This report entitled Retirement Economic Bank Risk looks at bank risks created by aging demographics, modern bank management and the nature of democracy.

* See a demographic problem that is now affecting the safety of banking… everywhere.

* Learn why modern bank management systems at America’s largest banks threatens bank stability.

* Review how a truth in one of Aesop’s fables that complicates any easy resolution to global bank risk.

* See how pinnacle wealth system that reduces bank risk.

Access the FREE report  Retirement Economics Bank Risk by clicking here

Gary

Learn Spanish in Three Days ONLINE - Gary A. Scott

The “Learn Spanish in Three Day Course” is available online.

Learn Spanish in a day, or a week, month or any time frame that works for you.

I’m Gary Scott.  Over fifty years ago I started a business that has helped hundreds of thousands of subscribers learn about investing in Hong Kong (1960s and 1970s), Switzerland, London, Isle of Man (1970s and 1980s) and across Europe.  In the 1990s we took investors to Panama, Mexico and Ecuador.  That’s when we realized an incredible need for an easy way to learn Spanish.

See below how my wife Merri was able to create a program that allowed students to be speaking and understanding Spanish in just three days.

Thousands of subscribers have learned Spanish at our three day Super Spanish course.  These courses have been taught across the US, in Canada, Panama, Mexico, Ecuador, Uruguay and Spain.

spanish

A Super Spanish course in Florida.

Read below to see how and why we are now offering our Super Spanish course ONLINE for the first time.

Speaking Spanish as a second language has huge benefits.

You can become one of the rare North Americans who can get along in Spanish speaking countries.  You can be one of the special people who can communicate with 10 million non-English speakers in the USA.  Spanish is the second most used language in the USA.  There are more Spanish speakers than speakers of Chinese, French, German, Italian, Hawaiian, and the Native American languages combined.  According to the Census Bureau, Spanish is the primary language of nearly 50 million people in the US.  This is the largest Spanish-speaking community outside of Mexico. Only half of these speakers also speak English “very well,” and 19% do not speak English at all.

You become one of a leading few when you speak Spanish.  Yet there are more benefits.

An article in England’s leading newspaper, the Telegraph, entitled “Why learn a foreign language? Benefits of bilingualism” (1) sum up the biggest benefit of learning a second language and increased intelligence.  The article says (bolds are mine): “Learning a foreign language is more than just a boost to your CV or handy for traveling. 

It will make you smarter, more decisive and even better at English. 

Physiological studies have found that speaking two or more languages is a great asset to the cognitive process.  The brains of bilingual people operate differently than single language speakers, and these differences offer several mental benefits.”

The article then explains studies that show seven cognitive advantages gained from learning a foreign language.

#1:  You become smarter
#2:  You build multitasking skills
#3:  You stave off Alzheimer’s and dementia
#4:  Your memory improves
#5:  You become more perceptive
#6:  Your decision-making skills improve
#7:  You improve your English

Does it sound impossible to learn Spanish in three days?  Yes, it is impossible when you try to learn Spanish in the old, traditional way.

You may choose to take more time using the ONLINE course to learn Spanish, but thousands of our readers have learned to speak Spanish in only three days at our Spanish courses.

There is a scientific method of learning… proven and described in numerous best selling books that create educational jumps by making education natural, easy and fun.   This course works because it is education without stress!

A special method of learning (called Super Learning) was created and refined by the Bulgarian educational master, Georgi Lozanov.   Lozanov transformed the entire Soviet educational system to such a degree that this third world country beat the USA into space.

My wife Merri was lucky to be one of a handful of students outside of Bulgaria who were allowed to be taught this system in the early 1970s.  She practiced this unique and remarkable form of education for  four decades. It was a delight!

Merri and I began integrating these techniques with other shamanic and educational tactics we had gained in our global travels and then applied them to teach Spanish in three days.

The course has been proven again and again by the thousands who have used this system.  You can read a few of the many raves we have received from students who have learned from the Super Thinking Spanish course we created.

Here are a few quotes from delegates of the course.

One delegate from St. Louis wrote:  Hi Gary,  Just ended forty-five years in dentistry last week, and I’m on to a new career.  What is my new career?  Still formulating, but the eye -opening,mind expanding Super-Spanish course last weekend in St. Louis surely shows me the opportunity exists to expand my horizons.

Besides having a lot of nice people to learn our new language; the methods Merri and you developed proved to be just what you said they would be.  We all and I in particular relaxed our way to new learning.  I feel so very comfortable with the basis of my new language skills that I know I will be spitting out great Spanish sentences by the time I reach Ecuador in October.  Last year I spent six weeks in Ecuador and now I plan on conversing with the people.

Today’s excerpt of your newsletter really hit home. You do what you say you will. There are no surprises or hidden sales tricks. The only tricks are beneficial to our learning.  Thank you for a wonderful experience that I was quite unable to grasp how you would pull it off.  You did, however, and I look forward to other courses that you offer, and I have absolutely no doubt they also will work beneficially.  Best regards, Denis Molloy.

Another wrote about the Super Spanish course:   Buenos Dias, here is a testimonial for Super Thinking-Super Spanish.  Please feel free to use all or part in promotions for the course.  In addition, you may give my email address to any prospect “on the fence” about enrolling.  Yesterday, in Cotacachi, Ecuador, I finished Super Spanish.  I had high expectations for the course and they were exceeded.

After three days, I can speak Spanish in complete sentences. In simple conversations, such as buying groceries or ordering a meal, I can make myself understood. I think that’s incredible!

Although I am far from the competence level of a native speaker, I feel I’ve taken a giant step forward in learning Spanish so that I can experience the people and culture of Ecuador.  The foregoing benefits would have more than justified the time and money I invested in Super Spanish.  And learning some Spanish was not the most important benefit I got from the course.

Prior to leaving the USA, I had felt for some time that the pace of life there was unhealthy for me (and for most people) and I did nothing about it.

I’ve thought about the pace issue during the course.  One of the key elements Merri Scott designed into Super Spanish is placing the student in the optimal state for learning.  In class, the past three days, I’ve been re-introduced to guided journeys and introduced to the calming effects of Baroque music (www.sundaybaroque.org).  What a blessing! I’m inclined to make one or both a daily part of my life.   Rob Christi.  Cotacachi, Ecuador

Another attendee from a course wrote:   “I took this incredible class a few weeks ago, and I would like to tell anyone that is interested, that it is an amazing three days of learning with lots of laughs included. You leave everyday wanting to learn more and are so excited to do so.

“Other Spanish classes and tutoring made us feel like it would take forever to get to the point where we could put it into practice, but this method gave us a more fluent use for everyday life almost immediately AND the confidence to use it.  It is a fantastic way to show people how much they know and give confidence to learn and use Spanish creating a momentum.

“They made learning Spanish easy and fun in a very relaxed, comfortable atmosphere.  I would definitely recommend this course.  Even if you know some Spanish, this helps make it easier because of the less stress that no verb conjugations gives you.  This gives you more confidence in yourself to try and speak it more.

 “The stress free atmosphere and tons of interaction and participation were very conducive to learning.  The relaxation techniques alone are worth the price.  The fact that I can now feel more comfortable conversing in Spanish with my new friends and neighbors is priceless.  Muchas, muchas gracias.”

“I loved the relaxed environment.  I picked up quite a lot of new vocabulary.  I found this course very informative about how the language works, how I can make sentences and understand others better!  Muchas Gracias!  I had a call from Telcel (the local phone company) after our second class and I was able to speak and understand them for the first time. Despacio (meaning slowly) … a great word!  Everyone should take this course before they pick up bad habits.”

“I liked how simply the course was organized and the positive attitude about learning.  Thank you so much for helping me to learn Spanish!”

“I liked the laid back yet professional approach.  I highly recommend this new, relaxing method of learning Spanish,  I feel a lot more confident in the delivery of my words and sentences. It was taught in an excellent and very professional way.

“It was a very enjoyable class.”

How The Course Works

The first tactic is to use Baroque music to create Relaxed Concentration in the learning process.  At least three best selling books, “Superlearning”, the “Mozart Effect” and “Superlearning 2000” have revealed insights about how to learn and think more powerfully based on systems drawn from the Bulgarian educational master, Dr. Georgi Lozanov.  

Merri was among just a few who learned directly from Lozanov.

gary scott super thinking session

Super Spanish relaxed concentration session.

You gain six valuable ONLINE Relaxed Concentration sessions in the online course that is delivered via the internet.

The second tactic uses 17 unique lessons to provide Spanish fluency in a short time.   Let me prove to you how this tactic works by teaching you hundreds of Spanish words in less than 30 seconds.

Here is the proof.

“Most words in English that end in ION are almost identical, just pronounced differently.  For example action is accion, education-educacion, manipulation- manipulacion, etc.”

There you have it.  How long did it take you to read the sentence?  You now know hundreds of Spanish words that you will never forget.

See examples of the words you already know below.

How long would have taken you to memorize all those words?  How soon would you have forgotten them?

This is just one of seventeen Spanish lessons in the course.

The next lesson teaches how to pronounce each of the nouns.

Then, the third lesson teaches almost as many verbs, almost as quickly.

The fourth lesson shows how to avoid conjugating verbs by sticking with the infinitive (far easier than it sounds).  This simple lesson leaves a person sounding like a Spanish professor without ever conjugating a verb.

Lesson five shows how to sound infinitely polite and yet get almost anything desired in Spanish.

Lesson six gives valuable connectors and the seventh lesson triples the Spanish capacity with three words for “yesterday,” “now” and “tomorrow”.

By the end of three days you feel comfortable speaking Spanish.

Plus the system is Impro-Dynamic.  This means your Spanish keeps getting better even though you do not seem to be studying… practicing… or speaking Spanish.

I was amazed by this as I traveled back and forth from the USA to Ecuador.  The longer I was away from Ecuador… the better my Spanish became.  My second language was automatically improving The self improving feature comes because you learn to create Spanish sentences rather than remember them.  The portion of the brain that creates is more powerful than the portion that recalls.  When your mind creates something… it owns it!  You do not have to remember .

During the course you learn 4005 Spanish words that you already know.   This eliminates the need to memorize 99% of Spanish words.

You then learn how to create Spanish sentences from these words.

Throughout the course you learn how to pronounce the sentences you create.

When the course ends… the mind keeps working… and creating… so next time you begin to speak Spanish you’ll be surprised .  You improve even though you have not actively worked on your lingual skill.

Due to the difficulty of getting groups together to learn this valuable technique, we created an online program for subscribers to use the Super Spanish course at home.   The normal three day course fee is $499 ($749 for a couple).

The ONLINE Super Spanish course has our, full satisfaction or money back, guarantee. Try Super Spanish for 60 days.  If not fully satisfied, simply let us know for a full refund. 

The course is available at the highly reduced price of $149, but in this special offer we are knocking another $70 from the price so you can start now for only $79.  

Learn Spanish online $79 - using coupon code SPANISH70 at checkout to immediately save $70 off the regular price of $149.

Here are more testimonials from previous Super Spanish Courses.

Maggie wrote: It didn’t really seem possible that we would be speaking and understanding Spanish in only 3 days but the course made it happen in a very supportive learning environment.  I would highly recommend this course for anyone wishing to learn “practical Spanish”.  The teaching methods, use of relaxation, the use of native Spanish speakers for pronunciation and the teachers themselves who were approachable and helpful and always positive made this a very valuable class.

This course improved my self confidence in my ability to learn and retain a language.  It was presented with genuine enthusiasm, great energy and the style of learning is very effective. Gracias!  It was a great experience.

Nadine wrote: “Just spent the last 3 days in the most wonderful learning environment learning Spanish.  What an amazing learning experience!!  First day out of class and I could not stop thinking in Spanish WOW!!  I am amazed by how much I learned, retained and how much more is showing up now that I am out of class.  And the best part is THERE WAS NO STUDYING!! Indeed this is Super Thinking!!!  I would highly recommend this to anyone that has ever had a desire to learn another language or learn anything in record time.

And a few days after that ….  As I went through my day, just hanging out with my son, I could see myself starting to think in Spanish.  At first I thought it was amusing but as it continued and increased I thought “My goodness this is really remarkable amazing” It was really an effortless unfolding.  I wasn’t at any point “trying” to think in Spanish, just words I knew would fly across the screen in my mind.  And then this afternoon, my son cuddled up on the couch to watch some cartoons on his ipad and was watching Peppa Pig in Spanish…hmm coincidence?  I think not, I’m radiating Spanish so much that my son is being influenced!  Thanks a million again.  This weekend the best learning experience of my life!!

If you have ever had a desire to learn Spanish this is the way to do it!  By the end of the first day I had more confidence and more practical ability than I had from any previous courses I had taken.  It was fun and relaxed and full of laughter.  You will leave this class excited to use what you have learned.  Rather than leaving overwhelmed with how much you have yet to learn and master, you are equipped with the knowledge and know how to go out and communicate as well as the excitement to do it!”

Gary noted:  “The whole approach is positive and conducive to learning at a level that benefits ALL participants.  It is not intimidating and does not set up a pass/fail atmosphere.  The presenters are terrific and the results unbelievable.  It was relaxed, informal, friendly and effective.”

Twila said:  “This class provided a very refreshing and relaxed way of learning.  The atmosphere felt very safe to say the words you were practicing.  I learned a lot in a way that will make it easy to apply.  Starting with conversation is way more fun.  How quickly you can learn!  It was a great group, great instructors and great stories.

The atmosphere in the classroom was so relaxed that learning Spanish felt like a breeze and not like a painful task.  The relaxation exercises are really conducive to language learning.  We learned A LOT in a short time and it was fun and the environment was non-threatening.”

Brigitte sent this:  “Buenos Dias, Suzanne. su clase de espanol es excelente! Muchas Gracias!  
I have already done what you suggested and went into the program listening to the music and going over the lessons.  I know: Repetition……reinforcement…..thinking in the new language….it’s all part of it.  I loved your course and will certainly recommend it to friends.  Who knows….I might feel the urge and have the opportunity to repeat it at your beautiful place in Puerto Aventuras…..Quien sabe? Hasta otro dia y saludos a su familia.”

Marie wrote:  “I would highly recommend this course.  The amount covered in 3 days is amazing!  All with no stress.  The correlation lessons and pronunciation practice has greatly reduced my anxiety to go out and use my Spanish.  I really enjoyed the whole process and thank you for the take away tools.”

Learn Spanish online $79 - using coupon code SPANISH70 at checkout to immediately save $70 off the regular price of $149.

Here is the English translation of a few of the many Spanish words you now know and will never forget.  How long would it have taken you to memorize them?  How soon would you forget?

“Most words in English that end in ION are almost identical, just pronounced differently.  For example, action is accion, education-educacion, manipulation- manipulacion, etc.”

Some more of these words:  Combination, Attrition, Education, Vacation, Petition, Lotion, Motion, Construction, Abduction, Pronunciation, Concentration and a ton of others!

Learn Young or Old

Most Super Spanish students are all ages ,

Gary-scott-spanish-course

Super Spanish students at this course ranged from nine to over eighty years old.

Become a Spanish translator!

The wife of one couple who attended explained how after just three days her husband ended up as an accidental translator.

She wrote:  Gary,  I have sent Merri a couple of messages, and  a story of Mike being able to translate yesterday for a Spanish person  who couldn’t understand what a man was trying to tell him!

Does it sound impossible to learn Spanish in three days?  Yes, it is impossible when you try to learn Spanish in the old, traditional way.

The video below shows a super fast way to gain the basics so you can communicate in Spanish in just three days.

Gary-scott-super-spanish

Click here for FREE Super Spanish video.

Still can’t believe you can learn Spanish in a short time?

You have nothing to lose but to try.

The ONLINE Super Spanish course has our, full satisfaction or money back, guarantee. Try Super Spanish for 60 days.  If not fully satisfied, simply let us know for a full refund. 

The course is available at the highly reduced price of $149, but in this special offer we are knocking another $70 from the price so you can start now for only $79.  

Learn Spanish online $79 - using coupon code SPANISH70 at checkout to immediately save $70 off the regular price of $149.

(1) www.telegraph.co.uk Benefits-of-bilingualism.html

Reuter’s article  U.S. officials arrest Swiss banker

New York Times article  For Americans Abroad, Taxes Just Got More Complicated


Warning: Use of undefined constant user_level - assumed 'user_level' (this will throw an Error in a future version of PHP) in /home/customer/www/ecuadorliving.com/public_html/wp-content/plugins/ultimate_ga_1.6.0/ultimate_ga_1.6.0.php on line 524