Should I buy or rent a home in Chile?

If you have not spent a lot of time in Chile, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...

"Buying a home in Chile can be a great investment, as the country has a stable economy and real estate market. However, it is important to consider the cost of living in Chile, as well as the cost of purchasing a home, before making a decision. Renting a home in Chile can be a more affordable option, as it allows you to live in the country without the long-term commitment of buying a home. Additionally, renting can provide more flexibility if you are unsure of how long you will be living in Chile. Ultimately, the decision to buy or rent a home in Chile should be based on your individual needs and financial situation," remarked another expat who made the move to Chile.

Should I buy or rent a home in Chile?

If you live in Chile, newcomers to Chile 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.