Should I buy or rent a home in Azerbaijan?
If you have not spent a lot of time in Azerbaijan, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Azerbaijan can be a great investment, as the country is experiencing rapid economic growth. However, it is important to consider the cost of living in Azerbaijan, as well as the availability of housing in the area. Renting a home in Azerbaijan can be a more affordable option, and it can also provide more flexibility if you are not sure how long you will be staying in the country. Ultimately, the decision to buy or rent a home in Azerbaijan should be based on your individual needs and financial situation," explained one expat living in Azerbaijan.
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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 Azerbaijan?
- Are foreigners allowed to own property in Azerbaijan?
- What appliances are typically included in a rental?
Should I buy or rent a home in Azerbaijan?
If you live in Azerbaijan, newcomers to Azerbaijan 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.