Should I buy or rent a home in Israel?
If you have not spent a lot of time in Israel, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Israel can be a great investment, as the country has a strong economy and real estate market. However, it is important to consider the costs associated with buying a home, such as closing costs, taxes, and maintenance fees. Additionally, it is important to consider the length of time you plan to stay in Israel, as buying a home may not be the best option if you plan to move in the near future. Renting a home in Israel can be a great option for those who are not ready to commit to buying a home, as it allows for more flexibility and can be more cost-effective in the short-term," mentioned another expat when asked about moving to Israel.
Other Questions:
- What do I need to know before retiring in Israel?
- How do I meet people in Israel?
- What is life like in Israel?
- Is there a lot of crime in Israel?
- Is there a lot of diversity? Are people in Israel accepting of differences?
- What are the schools in Israel like?
- Is the cost of living in Israel high?
- What advice do you have for expats having a baby in Israel?
- What are healthcare services like in Israel?
- Is the cost of living in Israel high?
- What type of recreational facilities are in Israel?
- What is the weather like in Israel?
- Are there good restaurants in Israel?
- Where will I buy groceries and do other shopping in Israel?
- What are the visa & residency requirements in Israel?
- Are healthcare and health insurance expensive in Israel?
- What do I need to know when buying property in Israel?
- Are foreigners allowed to own property in Israel?
- What appliances are typically included in a rental?
Should I buy or rent a home in Israel?
If you live in Israel, newcomers to Israel 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.
