Russia
Should I buy or rent a home in Russia?
If you have not spent a lot of time in Russia, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Russia can be a great investment, as the country's real estate market is growing rapidly. However, it is important to consider the cost of living in the area you are looking to buy in, as well as the cost of the home itself. Renting a home in Russia can also be a great option, as it can provide more flexibility and allow you to save money in the short-term. Ultimately, the decision to buy or rent a home in Russia should be based on your individual needs and financial situation," remarked another expat in Russia.
Other Questions:
- What do I need to know before retiring in Russia?
- How do I meet people in Russia?
- What is life like in Russia?
- Is there a lot of crime in Russia?
- Is there a lot of diversity? Are people in Russia accepting of differences?
- What are the schools in Russia like?
- Is the cost of living in Russia high?
- What advice do you have for expats having a baby in Russia?
- What are healthcare services like in Russia?
- Is the cost of living in Russia high?
- What type of recreational facilities are in Russia?
- What is the weather like in Russia?
- Are there good restaurants in Russia?
- Where will I buy groceries and do other shopping in Russia?
- What are the visa & residency requirements in Russia?
- Are healthcare and health insurance expensive in Russia?
- What do I need to know when buying property in Russia?
- Are foreigners allowed to own property in Russia?
- What appliances are typically included in a rental?
Should I buy or rent a home in Russia?
If you live in Russia, newcomers to Russia 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.
