Should I buy or rent a home in Cambodia?
If you have not spent a lot of time in Cambodia, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Cambodia can be a great investment, as property prices are still relatively low. However, it is important to consider the costs associated with buying a home, such as legal fees, taxes, and other associated costs. Renting a home in Cambodia can be a more cost-effective option, as it allows you to avoid the upfront costs associated with buying a home. Additionally, renting a home can provide more flexibility, as you can move to a different location more easily. Ultimately, the decision to buy or rent a home in Cambodia should be based on your individual needs and financial situation," commented one expat who made the move to Cambodia.
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Other Questions:
- What do I need to know before retiring in Cambodia?
- How do I meet people in Cambodia?
- What is life like in Cambodia?
- Is there a lot of crime in Cambodia?
- Is there a lot of diversity? Are people in Cambodia accepting of differences?
- What are the schools in Cambodia like?
- Is the cost of living in Cambodia high?
- What advice do you have for expats having a baby in Cambodia?
- What are healthcare services like in Cambodia?
- Is the cost of living in Cambodia high?
- What type of recreational facilities are in Cambodia?
- What is the weather like in Cambodia?
- Are there good restaurants in Cambodia?
- Where will I buy groceries and do other shopping in Cambodia?
- What are the visa & residency requirements in Cambodia?
- Are healthcare and health insurance expensive in Cambodia?
- What do I need to know when buying property in Cambodia?
- Are foreigners allowed to own property in Cambodia?
- What appliances are typically included in a rental?
Should I buy or rent a home in Cambodia?
If you live in Cambodia, newcomers to Cambodia 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.
