Should I buy or rent a home in Saudi Arabia?
If you have not spent a lot of time in Saudi Arabia, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Saudi Arabia is a great investment, as the real estate market is both reliable and secure. Property values continue to rise with great prospects for the future, and homeowners benefit from generous tax incentives. Renting is also an attractive option as rental prices are comparatively low and Saudi Arabia offers attractive rental rates. Ultimately, both rent and buy options have their own pros and cons, so it's essential to take into account your individual needs, budget and plans when making this decision," explained one expat living in Saudi Arabia.
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SJB GlobalSJB-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.
Connect
Click connect to have our partner contact you via e-mail and/or phone.
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- Should I buy or rent a home in Saudi Arabia?
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Should I buy or rent a home in Saudi Arabia?
If you live in Saudi Arabia, newcomers to Saudi Arabia 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.
