Should I buy or rent a home in Luxembourg?
If you have not spent a lot of time in Luxembourg, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Luxembourg can be a great investment, as the country has a strong economy and a stable housing market. However, it is important to consider the cost of living in Luxembourg, as it is one of the most expensive countries in Europe. Renting a home in Luxembourg can be a more affordable option, as it allows you to enjoy the benefits of living in the country without the long-term commitment of buying a home. Additionally, renting a home in Luxembourg can provide more flexibility, as you can move to a different area or even a different country if your circumstances change. Ultimately, the decision to buy or rent a home in Luxembourg should be based on your individual needs and financial situation," commented one expat who made the move to Luxembourg.
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William 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.
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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Other Questions:
- What do I need to know before moving to Luxembourg?
- How do I find a place to live in Luxembourg?
- What is a typical expat home or apartment like in Luxembourg?
- What is the average cost of housing in Luxembourg?
- Should I buy or rent a home in Luxembourg?
- What should I pack when moving to Luxembourg?
- What cultural faux pas should I try to avoid making in Luxembourg?
- Why do people move to Luxembourg?
- What are healthcare services like in Luxembourg?
- What are medical services in Luxembourg like?
- What are typical rents in Luxembourg?
- What appliances are typically included in a rental?
Should I buy or rent a home in Luxembourg?
If you live in Luxembourg, newcomers to Luxembourg 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.
