Real Estate in Rhode Island

Last updated on Feb 19, 2023

Summary: A newcomer to Rhode Island should begin their search by researching the different neighborhoods and towns in the state. They should consider factors such as cost of living, commute times, and local amenities. Once they have narrowed down their search, they should contact a local real estate agent to help them find the perfect home. Homes in Rhode Island typically include amenities such as central air conditioning, updated kitchens, and spacious yards. Many homes also feature hardwood floors, fireplaces, and updated bathrooms. Some homes may also include outdoor decks, patios, and swimming pools.

What do I need to know when buying property in Rhode Island?

When we asked expats what advice they would give a foreigner before buying a property in Rhode Island, they said:

"When buying property in Rhode Island, it is important to understand the state's real estate laws and regulations. It is also important to research the local market and be aware of any zoning restrictions that may affect the property. Additionally, it is important to understand the tax implications of purchasing property in Rhode Island, including any applicable transfer taxes. It is also important to be aware of any homeowner's association fees or other fees that may be associated with the property. Finally, it is important to work with a qualified real estate agent or attorney to ensure that all legal requirements are met and that the purchase is completed in a timely and efficient manner," explained one expat in Rhode Island.

Are foreigners allowed to own property in Rhode Island?

When we asked expats what advice they would give a foreigner before buying a property in Rhode Island, they said...

"Yes, foreigners are allowed to own property in Rhode Island. The state does not have any laws that restrict foreign ownership of real estate. However, foreign buyers should be aware that they may be subject to certain taxes and fees, such as transfer taxes, capital gains taxes, and income taxes. Additionally, foreign buyers may need to obtain a visa or other documentation in order to purchase property in Rhode Island," said one person in Rhode Island.

What appliances are typically included in a rental?

We asked foreigners in Rhode Island what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:

"When renting a home in Rhode Island, appliances typically included in the rental property are a refrigerator, stove, oven, dishwasher, and washer and dryer. Depending on the property, other appliances such as a microwave, garbage disposal, and air conditioning may also be included," said one expat in Rhode Island.

Additional Information about Searching for a Home in Rhode Island:

We asked foreigners in Rhode Island what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...

"Newcomers to Rhode Island can search for homes by looking online for real estate listings, contacting a local real estate agent, or attending open houses to get a better feel for the area. They can also search for homes by researching neighborhoods and communities to find the best fit for their lifestyle. Additionally, newcomers can look for local resources such as newspapers, magazines, and websites to find more information about the housing market in Rhode Island," said one foreigner living in Rhode Island.

About the Author

Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.