Thailand
Should I buy or rent a home in Thailand?
If you have not spent a lot of time in Thailand, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"No ownership although many people are building and condo are offering incentives," said a member in Chiang Mai, Thailand.
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William RussellWilliam Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
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"We bought a condo, but it is in are family name, then we went and bought another condo and put this in my wife's name - she is Thai. We had to pay cash for the condo, because you cannot even get a short term loan in Thailand. Even if you make 80% more than most Thai people coming in every month, the only way to get a loan is to be working even if you only may 10,000 baht a week, it's better than 200,000 baht in the bank," remarked another expat who made the move to Nonthaburi, Thailand.
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Other Questions:
- What do I need to know before moving to Thailand?
- How do I find a place to live in Thailand?
- What is a typical expat home or apartment like in Thailand?
- What is the average cost of housing in Thailand?
- Should I buy or rent a home in Thailand?
- What should I pack when moving to Thailand?
- What cultural faux pas should I try to avoid making in Thailand?
- Why do people move to Thailand?
- What are healthcare services like in Thailand?
- What are medical services in Thailand like?
- What are typical rents in Thailand?
- What appliances are typically included in a rental?
Should I buy or rent a home in Thailand?
If you live in Thailand, newcomers to Thailand would love to hear your answer to this question.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International
and Mass Market Marketing. She graduated from Ohio Wesleyan University
with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
