Guatemala
Should I buy or rent a home in Guatemala?
If you have not spent a lot of time in Guatemala, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Guatemala can be a great investment, as the cost of living is relatively low and the country offers a variety of attractive locations. However, it is important to consider the pros and cons of both buying and renting before making a decision. Renting a home in Guatemala can be a great option for those who are not ready to commit to a long-term purchase, as it allows for more flexibility and can be more cost-effective in the short-term. On the other hand, buying a home in Guatemala can provide more stability and the potential for long-term financial gain. Ultimately, the decision to buy or rent a home in Guatemala should be based on individual needs and preferences," mentioned another expat when asked about moving to Guatemala.
Other Questions:
- What do I need to know before retiring in Guatemala?
- How do I meet people in Guatemala?
- What is life like in Guatemala?
- Is there a lot of crime in Guatemala?
- Is there a lot of diversity? Are people in Guatemala accepting of differences?
- What are the schools in Guatemala like?
- Is the cost of living in Guatemala high?
- What advice do you have for expats having a baby in Guatemala?
- What are healthcare services like in Guatemala?
- Is the cost of living in Guatemala high?
- What type of recreational facilities are in Guatemala?
- What is the weather like in Guatemala?
- Are there good restaurants in Guatemala?
- Where will I buy groceries and do other shopping in Guatemala?
- What are the visa & residency requirements in Guatemala?
- Are healthcare and health insurance expensive in Guatemala?
- What do I need to know when buying property in Guatemala?
- Are foreigners allowed to own property in Guatemala?
- What appliances are typically included in a rental?
Should I buy or rent a home in Guatemala?
If you live in Guatemala, newcomers to Guatemala would love to hear your answer to this question.
About the Author
Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad 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.
