Should I buy or rent a home in Dominican Rep?
If you have not spent a lot of time in Dominican Rep, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in the Dominican Republic can be a great investment, as the country has a booming real estate market. However, it is important to consider the cost of living in the area and the availability of rental properties before making a decision. Renting a home in the Dominican Republic can be a great option for those who are not ready to commit to a long-term purchase, as it allows for more flexibility and can be more cost-effective in the short-term. Ultimately, the decision to buy or rent a home in the Dominican Republic should be based on individual needs and preferences," remarked another expat in Dominican Rep.
Other Questions:
- What should I pack when moving to the Dominican Republic?
- Where should I setup a bank account in the Dominican Republic?
- Will I be able to find a job in the Dominican Republic?
- What is life like in the Dominican Republic?
- What do expats in the Dominican Republic appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in the Dominican Republic?
- Is there a lot of diversity? Are people in the Dominican Republic accepting of differences?
- What are the schools in the Dominican Republic like?
- What are healthcare services like in the Dominican Republic?
- What are medical services in the Dominican Republic like?
- Are healthcare and health insurance expensive in the Dominican Republic?
- What are emergency services like in the Dominican Republic?
- Will I need to travel to see a specialist?
- Are common prescription medications available in the Dominican Republic?
- How are local medical facilities in the Dominican Republic?
- As a foreigner living in the Dominican Republic, 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 Dominican Rep?
If you live in the Dominican Republic, newcomers to the Dominican Republic 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.