Should I buy or rent a home in Chile?
If you have not spent a lot of time in Chile, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Chile can be a great investment, as the country has a stable economy and real estate market. However, it is important to consider the cost of living in Chile, as well as the cost of purchasing a home, before making a decision. Renting a home in Chile can be a more affordable option, as it allows you to live in the country without the long-term commitment of buying a home. Additionally, renting can provide more flexibility if you are unsure of how long you will be living in Chile. Ultimately, the decision to buy or rent a home in Chile should be based on your individual needs and financial situation," remarked another expat in Chile.
Other Questions:
- What do I need to know before retiring in Chile?
- How do I meet people in Chile?
- What is life like in Chile?
- Is there a lot of crime in Chile?
- Is there a lot of diversity? Are people in Chile accepting of differences?
- What are the schools in Chile like?
- Is the cost of living in Chile high?
- What advice do you have for expats having a baby in Chile?
- What are healthcare services like in Chile?
- Is the cost of living in Chile high?
- What type of recreational facilities are in Chile?
- What is the weather like in Chile?
- Are there good restaurants in Chile?
- Where will I buy groceries and do other shopping in Chile?
- What are the visa & residency requirements in Chile?
- Are healthcare and health insurance expensive in Chile?
- What do I need to know when buying property in Chile?
- Are foreigners allowed to own property in Chile?
- What appliances are typically included in a rental?
Should I buy or rent a home in Chile?
If you live in Chile, newcomers to Chile 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.
