Egypt
Should I buy or rent a home in Egypt?
If you have not spent a lot of time in Egypt, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Egypt can be a great investment, as the country has a strong economy and real estate market. However, it is important to consider the cost of living in Egypt, as well as the availability of financing options, before making a decision. Renting a home in Egypt 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 affordable in the short-term. Ultimately, the decision to buy or rent a home in Egypt should be based on individual needs and preferences," commented one expat who made the move to Egypt.
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Other Questions:
- What do I need to know before retiring in Egypt?
- How do I meet people in Egypt?
- What is life like in Egypt?
- Is there a lot of crime in Egypt?
- Is there a lot of diversity? Are people in Egypt accepting of differences?
- What are the schools in Egypt like?
- Is the cost of living in Egypt high?
- What advice do you have for expats having a baby in Egypt?
- What are healthcare services like in Egypt?
- Is the cost of living in Egypt high?
- What type of recreational facilities are in Egypt?
- What is the weather like in Egypt?
- Are there good restaurants in Egypt?
- Where will I buy groceries and do other shopping in Egypt?
- What are the visa & residency requirements in Egypt?
- Are healthcare and health insurance expensive in Egypt?
- What do I need to know when buying property in Egypt?
- Are foreigners allowed to own property in Egypt?
- What appliances are typically included in a rental?
Should I buy or rent a home in Egypt?
If you live in Egypt, newcomers to Egypt 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.
