Should I buy or rent a home in Guatemala?
If you have not spent a lot of time in Guatemala, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Guatemala can be a great investment, as the cost of living is relatively low and the country offers a variety of attractive locations. However, it is important to consider the pros and cons of both buying and renting before making a decision. Renting a home in Guatemala 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. On the other hand, buying a home in Guatemala can provide more stability and the potential for long-term financial gain. Ultimately, the decision to buy or rent a home in Guatemala should be based on individual needs and preferences," mentioned another expat when asked about moving to Guatemala.
Other Questions:
- What should I pack when moving to Guatemala?
- Where should I setup a bank account in Guatemala?
- Will I be able to find a job in Guatemala?
- What is life like in Guatemala?
- What do expats in Guatemala appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in Guatemala?
- Is there a lot of diversity? Are people in Guatemala accepting of differences?
- What are the schools in Guatemala like?
- What are healthcare services like in Guatemala?
- What are medical services in Guatemala like?
- Are healthcare and health insurance expensive in Guatemala?
- What are emergency services like in Guatemala?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Guatemala?
- How are local medical facilities in Guatemala?
- As a foreigner living in Guatemala, 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 Guatemala?
If you live in Guatemala, newcomers to Guatemala 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.
