Should I buy or rent a home in Russia?
If you have not spent a lot of time in Russia, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Russia can be a great investment, as the country's real estate market is growing rapidly. However, it is important to consider the cost of living in the area you are looking to buy in, as well as the cost of the home itself. Renting a home in Russia can also be a great option, as it can provide more flexibility and allow you to save money in the short-term. Ultimately, the decision to buy or rent a home in Russia should be based on your individual needs and financial situation," remarked another expat who made the move to Russia.
Other Questions:
- What do I need to know before moving to Russia?
- How do I find a place to live in Russia?
- What is a typical expat home or apartment like in Russia?
- What is the average cost of housing in Russia?
- Should I buy or rent a home in Russia?
- What should I pack when moving to Russia?
- What cultural faux pas should I try to avoid making in Russia?
- Why do people move to Russia?
- What are healthcare services like in Russia?
- What are medical services in Russia like?
- What are typical rents in Russia?
- What appliances are typically included in a rental?
Should I buy or rent a home in Russia?
If you live in Russia, newcomers to Russia 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.
