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," said a member in Vientiane, Laos.
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Other Questions:
- 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 expats in Vientiane appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in Vientiane?
- Is there a lot of diversity? Are people in Vientiane accepting of differences?
- What are the schools in Vientiane like?
- What are healthcare services like in Vientiane?
- What are medical services in Vientiane like?
- Are healthcare and health insurance expensive in Vientiane?
- What are emergency services like in Vientiane?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Vientiane?
- How are local medical facilities in Vientiane?
- As a foreigner living in Vientiane, 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 Vientiane?
If you live in Vientiane, newcomers to Vientiane would love to hear your answer to this question.