Venezuela
Should I buy or rent a home in Venezuela?
If you have not spent a lot of time in Venezuela, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Venezuela can be a great investment, as the country has a strong economy and real estate market. However, it is important to consider the current political and economic situation in the country before making a decision. Renting a home in Venezuela may be a more cost-effective option, as it allows you to avoid the costs associated with buying a home, such as closing costs, taxes, and maintenance. Additionally, renting a home can provide more flexibility, as you can move to a different location if needed. Ultimately, the decision to buy or rent a home in Venezuela should be based on your individual needs and financial situation," mentioned another expat when asked about moving to Venezuela.
Other Questions:
- What should I pack when moving to Venezuela?
- Where should I setup a bank account in Venezuela?
- Will I be able to find a job in Venezuela?
- What is life like in Venezuela?
- What do expats in Venezuela appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in Venezuela?
- Is there a lot of diversity? Are people in Venezuela accepting of differences?
- What are the schools in Venezuela like?
- What are healthcare services like in Venezuela?
- What are medical services in Venezuela like?
- Are healthcare and health insurance expensive in Venezuela?
- What are emergency services like in Venezuela?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Venezuela?
- How are local medical facilities in Venezuela?
- As a foreigner living in Venezuela, 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 Venezuela?
If you live in Venezuela, newcomers to Venezuela would love to hear your answer to this question.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International
and Mass Market Marketing. She graduated from Ohio Wesleyan University
with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
