Should I buy or rent a home in El Salvador?
If you have not spent a lot of time in El Salvador, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Bought a house, same process as in Canada, have a lawyer make sure everything is done properly," explained one expat living in La Libertad, El Salvador.
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"Buying a home in El Salvador can be a great investment, as the country has a growing economy and real estate market. However, it is important to consider the cost of living in El Salvador, as well as the cost of purchasing a home. Renting a home in El Salvador can be a more affordable option, and it can also provide more flexibility if you are not sure how long you will be living in the country. Ultimately, the decision to buy or rent a home in El Salvador should be based on your individual needs and financial situation," said another expat in El Salvador.
Other Questions:
- What should I pack when moving to El Salvador?
- Where should I setup a bank account in El Salvador?
- Will I be able to find a job in El Salvador?
- What is life like in El Salvador?
- What do expats in El Salvador appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in El Salvador?
- Is there a lot of diversity? Are people in El Salvador accepting of differences?
- What are the schools in El Salvador like?
- What are healthcare services like in El Salvador?
- What are medical services in El Salvador like?
- Are healthcare and health insurance expensive in El Salvador?
- What are emergency services like in El Salvador?
- Will I need to travel to see a specialist?
- Are common prescription medications available in El Salvador?
- How are local medical facilities in El Salvador?
- As a foreigner living in El Salvador, 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 El Salvador?
If you live in El Salvador, newcomers to El Salvador 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.