Should I buy or rent a home in Vientiane?
If you have not spent a lot of time in Vientiane, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Vientiane is a great option for those looking for a long-term investment. Some advantages include the potential for appreciation in value, the potential to build equity, and potential for tax deductions for mortgage interest. Renting a home in Vientiane is ideal for those who are unsure of how long they will stay in the area, those who don't have the savings for a down payment, or those who may not be able to qualify for a mortgage. The biggest advantage of renting is that it is more flexible and generally involves fewer costs up front," remarked another expat who made the move to Vientiane, Laos.
Other Questions:
- What do I need to know before retiring in Vientiane?
- What do I need to know before moving to Vientiane?
- How do I find a place to live in Vientiane?
- What is a typical expat home or apartment like in Vientiane?
- What is the average cost of housing in Vientiane?
- How do I meet people in Vientiane?
- What should I pack when moving to Vientiane?
- Where should I setup a bank account in Vientiane?
- Will I be able to find a job in Vientiane?
- What is life like in Vientiane?
- What do people like (and dislike) about Vientiane?
- What type of social life can someone expect in Vientiane?
- What is the social scene like in Vientiane?
- What advice to expats in Vientiane have about housing?
- What are medical services in Vientiane like?
- Are healthcare and health insurance expensive in Vientiane?
- Is the cost of living in Vientiane high?
- What are the visa & residency requirements in Vientiane?
- Why do people move to Vientiane?
Should I buy or rent a home in Vientiane?
If you live in Vientiane, newcomers to Vientiane would love to hear your answer to this question.