Should I buy or rent a home in New Providence?
If you have not spent a lot of time in New Providence, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"The decision to buy or rent a home in New Providence will depend on your individual situation. Buying a home can provide more stability and you may be able to build equity, but it also requires a large initial investment and more responsibility for upkeep. On the other hand, renting may be more affordable and flexible, but doesn't provide any long term stability or equity. Ultimately, you should consider your needs and financial situation when deciding whether to buy or rent a home in New Providence," said a member in New Providence, Bahamas.
Connect
Traveling Mailbox serves thousands of travelers, expats, digital nomads, businesses, individuals and others in over 47 Countries by scanning their postal mail so they can view it online anywhere in the world. They provide customer service 7 days a week so if you need assistance, it is just a phone call away. Traveling Mailbox works with Evernote, Bill.com and Dropbox. And, there are Traveling Mailbox apps available for iOS and Android devices.
Click connect to have our partner contact you via e-mail and/or phone.
Traveling Mailbox serves thousands of travelers, expats, digital nomads, businesses, individuals and others in over 47 Countries by scanning their postal mail so they can view it online anywhere in the world. They provide customer service 7 days a week so if you need assistance, it is just a phone call away. Traveling Mailbox works with Evernote, Bill.com and Dropbox. And, there are Traveling Mailbox apps available for iOS and Android devices.
Connect
Click connect to have our partner contact you via e-mail and/or phone.
"When we first arrived we purchased a small condo which was rather easy to do. There are a lot of taxes and fess involved and the real estate laws are a little complicated here so it is highly recommended you get a good real estate agent involved and not purchase directly from the seller," remarked another expat who made the move to New Providence, Bahamas.
Other Questions:
- What should I pack when moving to New Providence?
- Where should I setup a bank account in New Providence?
- Will I be able to find a job in New Providence?
- What is life like in New Providence?
- What do expats in New Providence appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in New Providence?
- Is there a lot of diversity? Are people in New Providence accepting of differences?
- What are the schools in New Providence like?
- What are healthcare services like in New Providence?
- What are medical services in New Providence like?
- Are healthcare and health insurance expensive in New Providence?
- What are emergency services like in New Providence?
- Will I need to travel to see a specialist?
- Are common prescription medications available in New Providence?
- How are local medical facilities in New Providence?
- As a foreigner living in New Providence, 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?
Should I buy or rent a home in New Providence?
If you live in New Providence, newcomers to New Providence would love to hear your answer to this question.