Kuwait
What do I need to know when buying property in Kuwait?
When we asked expats what advice they would give a foreigner before buying a property in Kuwait, they said...
"1. It is important to research the local market and understand the current trends in the real estate market in Kuwait. 2. It is important to understand the legal requirements for purchasing property in Kuwait, including the need for a valid residency permit. 3. It is important to be aware of the different types of property available in Kuwait, such as residential, commercial, and industrial. 4. It is important to be aware of the different taxes and fees associated with purchasing property in Kuwait, such as the real estate transfer tax and the registration fee. 5. It is important to be aware of the different financing options available in Kuwait, such as bank loans and mortgages. 6. It is important to be aware of the different types of contracts used in Kuwait, such as the sale and purchase agreement and the lease agreement. 7. It is important to be aware of the different types of insurance available in Kuwait, such as property insurance and liability insurance. 8. It is important to be aware of the different types of services available in Kuwait, such as property management and legal services," remarked another expat who made the move to Kuwait.
Other Questions:
- What should I pack when moving to Kuwait?
- Where should I setup a bank account in Kuwait?
- Will I be able to find a job in Kuwait?
- What is life like in Kuwait?
- What do expats in Kuwait appreciate most about the local culture?
- What do expats find most challenging?
- 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?
- What are healthcare services like in Kuwait?
- What are medical services in Kuwait like?
- Are healthcare and health insurance expensive in Kuwait?
- What are emergency services like in Kuwait?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Kuwait?
- How are local medical facilities in Kuwait?
- As a foreigner living in Kuwait, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?
What do I need to know when buying property 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.
