A new immigration law which provides for a substantial reduction in the amount of landing deposit required from immigrants has been adopted by the National Assembly as a result of the improvement of Equador’s economic position, which is attributed to the influx of Jewish and other immigrants from Europe.
The new law permits unrestricted immigration into Equador, provided that the immigrants settle on the land or devote themselves to the development of new industries. Instead of $5,000 hither to required from each immigrant, the arrivals will have to deposit only $400 per family, plus $100 for each adult member of the family, which will be repaid to the immigrants when they will prove that they are actually engaged in the work for which they were admitted into the country.
The severe economic crisis which Equador suffered last Spring, during which the value of the Equadorian currency dropped twenty per cent, has now passed, partly as result of the funds deposited by newly arrived European immigrants. It is estimated by the local press that if applications for Equadorian visas registered with the Consulate in Geneva alone were approved, they would yield an additional $400,000 in landing deposits to the treasury.
In addition to reducing the landing deposits, the new immigration law relaxes the regulations for bringing over immediate relatives from Europe. Such relatives will be admitted without any special restrictions if their relatives in Equador can prove that they are in a position to maintain them.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
