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Porlamar, Venezuela | Should I buy or rent a home in Porlamar? | Expat Exchange
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Should I buy or rent a home in Porlamar?

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If you have not spent a lot of time in Porlamar, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...

"When deciding whether to buy or rent a home in Porlamar, it is important to consider the current economic and political situation in the country. The cost of living in Venezuela is high, and the currency is unstable, so it is important to consider the long-term implications of buying a home in Porlamar. Renting a home may be a more cost-effective option in the short-term, but it is important to consider the potential for inflation and other economic factors that could affect the cost of renting in the future. Ultimately, the decision to buy or rent a home in Porlamar should be based on an individual's financial situation and long-term goals," commented one expat who made the move to Porlamar, Venezuela.

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Other Questions:

Should I buy or rent a home in Porlamar?

If you live in Porlamar, newcomers to Porlamar would love to hear your answer to this question.


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SJB GlobalSJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

William Russell
William Russell

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