Should I buy or rent a home in Saudi Arabia?
If you have not spent a lot of time in Saudi Arabia, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Saudi Arabia is a great investment, as the real estate market is both reliable and secure. Property values continue to rise with great prospects for the future, and homeowners benefit from generous tax incentives. Renting is also an attractive option as rental prices are comparatively low and Saudi Arabia offers attractive rental rates. Ultimately, both rent and buy options have their own pros and cons, so it's essential to take into account your individual needs, budget and plans when making this decision," explained one expat living in Saudi Arabia.
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Other Questions:
- What do I need to know before moving to Saudi Arabia?
- How do I find a place to live in Saudi Arabia?
- What is a typical expat home or apartment like in Saudi Arabia?
- What is the average cost of housing in Saudi Arabia?
- Should I buy or rent a home in Saudi Arabia?
- What should I pack when moving to Saudi Arabia?
- What cultural faux pas should I try to avoid making in Saudi Arabia?
- Why do people move to Saudi Arabia?
- What are healthcare services like in Saudi Arabia?
- What are medical services in Saudi Arabia like?
- What are typical rents in Saudi Arabia?
- What appliances are typically included in a rental?
Should I buy or rent a home in Saudi Arabia?
If you live in Saudi Arabia, newcomers to Saudi Arabia 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.