Austria
Should I buy or rent a home in Austria?
If you have not spent a lot of time in Austria, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Whether to buy or rent a home in Austria is a personal decision that should be based on your circumstances and needs. If you are planning to stay in Austria for a long time, buying a home may be advantageous as it will provide a stable long term investment. On the other hand, if you plan on staying in Austria for a relatively short time, renting a home may be more beneficial and cost-effective, as it requires no long term financial commitment. Additionally, you should also consider factors such as the current property market trends and your budget when making your decision," remarked another expat who made the move to Austria.
Other Questions:
- What do I need to know before retiring in Austria?
- How do I meet people in Austria?
- What is life like in Austria?
- Is there a lot of crime in Austria?
- Is there a lot of diversity? Are people in Austria accepting of differences?
- What are the schools in Austria like?
- Is the cost of living in Austria high?
- What advice do you have for expats having a baby in Austria?
- What are healthcare services like in Austria?
- Is the cost of living in Austria high?
- What type of recreational facilities are in Austria?
- What is the weather like in Austria?
- Are there good restaurants in Austria?
- Where will I buy groceries and do other shopping in Austria?
- What are the visa & residency requirements in Austria?
- Are healthcare and health insurance expensive in Austria?
- What do I need to know when buying property in Austria?
- Are foreigners allowed to own property in Austria?
- What appliances are typically included in a rental?
Should I buy or rent a home in Austria?
If you live in Austria, newcomers to Austria would love to hear your answer to this question.
About the Author
Betsy Burlingame is one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad 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.
