Should I buy or rent a home in Cali?
If you have not spent a lot of time in Cali, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"We are currently renting, but when I get there permanently next year, we will be buying. We actually were able to sign up for a government plan through a local bank. We make monthly deposits & in a year, they'll offer us our mortgage," explained one expat living in Cali, Colombia.
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"Buying a home in Cali can be a great investment, as the city is known for its vibrant culture and beautiful scenery. However, it is important to consider the cost of living in the area, as well as the availability of housing. Renting a home in Cali can be a great option for those who are not ready to commit to a long-term purchase, as it allows for more flexibility and can be more cost-effective in the short-term. Ultimately, the decision to buy or rent a home in Cali should be based on individual needs and preferences," said another expat in Cali, Colombia.
Other Questions:
- What do I need to know before retiring in Cali?
- What do I need to know before moving to Cali?
- How do I find a place to live in Cali?
- What is a typical expat home or apartment like in Cali?
- What is the average cost of housing in Cali?
- How do I meet people in Cali?
- What should I pack when moving to Cali?
- Where should I setup a bank account in Cali?
- Will I be able to find a job in Cali?
- What is life like in Cali?
- What do people like (and dislike) about Cali?
- What type of social life can someone expect in Cali?
- What is the social scene like in Cali?
- What advice to expats in Cali have about housing?
- What are medical services in Cali like?
- Are healthcare and health insurance expensive in Cali?
- Is the cost of living in Cali high?
- What are the visa & residency requirements in Cali?
- Why do people move to Cali?
Should I buy or rent a home in Cali?
If you live in Cali, newcomers to Cali would love to hear your answer to this question.