Should I buy or rent a home in Kuwait?
If you have not spent a lot of time in Kuwait, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Kuwait is a great investment, as the country has a strong economy and real estate market. However, it is important to consider the cost of living in Kuwait, as well as the availability of rental properties. Renting a home in Kuwait 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. Ultimately, the decision to buy or rent a home in Kuwait should be based on individual needs and preferences," said another expat in Kuwait.
Other Questions:
- What do I need to know before retiring in Kuwait?
- How do I meet people in Kuwait?
- What is life like in Kuwait?
- Is there a lot of crime in Kuwait?
- Is there a lot of diversity? Are people in Kuwait accepting of differences?
- What are the schools in Kuwait like?
- Is the cost of living in Kuwait high?
- What advice do you have for expats having a baby in Kuwait?
- What are healthcare services like in Kuwait?
- Is the cost of living in Kuwait high?
- What type of recreational facilities are in Kuwait?
- What is the weather like in Kuwait?
- Are there good restaurants in Kuwait?
- Where will I buy groceries and do other shopping in Kuwait?
- What are the visa & residency requirements in Kuwait?
- Are healthcare and health insurance expensive in Kuwait?
- What do I need to know when buying property in Kuwait?
- Are foreigners allowed to own property in Kuwait?
- What appliances are typically included in a rental?
Should I buy or rent a home in Kuwait?
If you live in Kuwait, newcomers to Kuwait 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.