Should I buy or rent a home in Taiwan?
If you have not spent a lot of time in Taiwan, 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 Taiwan, it is important to consider your budget, lifestyle, and long-term plans. Buying a home in Taiwan can be a great investment, as property values tend to appreciate over time. However, it is important to factor in the cost of maintenance and repairs, as well as the time and effort required to manage the property. Renting a home in Taiwan can be a more affordable option, and it can provide more flexibility if you are not sure how long you will be living in the country. Ultimately, the decision to buy or rent a home in Taiwan should be based on your individual needs and preferences," explained one expat living in Taiwan.
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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. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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Click connect to have our partner contact you via e-mail and/or phone.
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- What do I need to know when buying property in Taiwan?
- Are foreigners allowed to own property in Taiwan?
- What appliances are typically included in a rental?
Should I buy or rent a home in Taiwan?
If you live in Taiwan, newcomers to Taiwan would love to hear your answer to this question.
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.