Should I buy or rent a home in New Zealand?
If you have not spent a lot of time in New Zealand, 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 New Zealand depends on a variety of factors. Buying a home can provide stability and long-term security, while renting can provide more flexibility and freedom. It is important to consider your financial situation, lifestyle, and long-term goals when making this decision. Additionally, it is important to research the local housing market and understand the costs associated with buying or renting a home in New Zealand. Ultimately, the decision to buy or rent a home in New Zealand should be based on what best suits your individual needs," said a member in New Zealand.
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Expats interested in International Health Insurance should take a minute to get a quote from our trusted expat health insurance partner, CIGNA.
Expats interested in International Health Insurance should take a minute to get a quote from our trusted expat health insurance partner, CIGNA.
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Other Questions:
- What do I need to know before retiring in New Zealand?
- How do I meet people in New Zealand?
- What is life like in New Zealand?
- Is there a lot of crime in New Zealand?
- Is there a lot of diversity? Are people in New Zealand accepting of differences?
- What are the schools in New Zealand like?
- Is the cost of living in New Zealand high?
- What advice do you have for expats having a baby in New Zealand?
- What are healthcare services like in New Zealand?
- Is the cost of living in New Zealand high?
- What type of recreational facilities are in New Zealand?
- What is the weather like in New Zealand?
- Are there good restaurants in New Zealand?
- Where will I buy groceries and do other shopping in New Zealand?
- What are the visa & residency requirements in New Zealand?
- Are healthcare and health insurance expensive in New Zealand?
- What do I need to know when buying property in New Zealand?
- Are foreigners allowed to own property in New Zealand?
- What appliances are typically included in a rental?
Should I buy or rent a home in New Zealand?
If you live in New Zealand, newcomers to New Zealand 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.