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Paradise Island, Bahamas | Should I buy or rent a home in Paradise Island? | Expat Exchange
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Should I buy or rent a home in Paradise Island?

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If you have not spent a lot of time in Paradise Island, 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 Paradise Island, there are many factors to consider. Renting gives you the flexibility to move quickly and easily when needed as well as not having to worry about maintenance and repairs. On the other hand, buying a home in Paradise Island provides you with an asset that can appreciate in value, as well as possible tax benefits, and a sense of permanency. Ultimately the best decision for you will depend on your financial situation, budget, and long-term goals," mentioned another expat when asked about moving to Paradise Island, Bahamas.

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Should I buy or rent a home in Paradise Island?

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


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