Renting or Buying Property Abroad – What Expats Should Know

Housing is the biggest decision after choosing your destination. Should you rent or buy?

Renting:

Pros: Low commitment, test neighborhoods, easier legal process Cons: Risk of short-term contracts, rent hikes, or limited options in small towns

Tips:

• Always get a local to review your lease
• Use reputable agents
• Look for flexible contracts

Buying:

Pros: Investment opportunity, stability, customization Cons: Legal complexity, taxes, unclear ownership rights

Tips:

• Research if foreigners can buy
• Hire a local lawyer
• Avoid buying unseen

Real-Life Advice:

• Renting is better for the first year
• Always check the neighborhood during day and night

Make smarter housing decisions. Download our Expat Housing Decision Guide and learn when to rent or buy abroad.