Should I buy or rent a home in Cambodia?
If you have not spent a lot of time in Cambodia, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Cambodia can be a great investment, as property prices are still relatively low. However, it is important to consider the costs associated with buying a home, such as legal fees, taxes, and other associated costs. Renting a home in Cambodia can be a more cost-effective option, as it allows you to avoid the upfront costs associated with buying a home. Additionally, renting a home can provide more flexibility, as you can move to a different location more easily. Ultimately, the decision to buy or rent a home in Cambodia should be based on your individual needs and financial situation," wrote a member who made the move to Cambodia.
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Other Questions:
- What should I pack when moving to Cambodia?
- Where should I setup a bank account in Cambodia?
- Will I be able to find a job in Cambodia?
- What is life like in Cambodia?
- What do expats in Cambodia appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in Cambodia?
- Is there a lot of diversity? Are people in Cambodia accepting of differences?
- What are the schools in Cambodia like?
- What are healthcare services like in Cambodia?
- What are medical services in Cambodia like?
- Are healthcare and health insurance expensive in Cambodia?
- What are emergency services like in Cambodia?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Cambodia?
- How are local medical facilities in Cambodia?
- As a foreigner living in Cambodia, 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 Cambodia?
If you live in Cambodia, newcomers to Cambodia would love to hear your answer to this question.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.