Should I buy or rent a home in Viti Levu?

"The decision to buy or rent a home in Viti Levu, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Fiji for a long time, buying a home could be a good investment. Owning a property allows you to build equity over time and could provide a sense of stability and permanence. However, buying a home also comes with significant upfront costs, including a down payment, closing costs, and potential renovation expenses. It also requires a long-term commitment, as selling a home can take time and effort. If you're not sure about your long-term plans or if you prefer not to deal with maintenance and other homeowner responsibilities, renting might be a better option for you. Renting a home in Viti Levu offers more flexibility, which can be beneficial if you're unsure about your long-term plans or if your job requires you to move frequently. It also allows you to avoid the financial risks associated with homeownership, such as a potential decline in property values. However, renting doesn't allow you to build equity, and you may face annual rent increases. You also have less control over your living space, as you'll need the landlord's permission to make significant changes to the property. In conclusion, whether you should buy or rent a home in Viti Levu, Fiji, depends on your financial situation, long-term plans, and personal preferences. It's important to carefully consider these factors and potentially seek advice from a financial advisor or real estate professional before making a decision," remarked another expat in Viti Levu, Fiji.