Should I buy or rent a home in Indonesia?
If you have not spent a lot of time in Indonesia, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Indonesia could be a good investment and provide both financial security and a sense of stability. Renting may be a better option for those who do not plan to stay in Indonesia for a long period of time, as it is less expensive and does not involve the commitment of a long-term mortgage. Additionally, renting may allow for more flexibility if you decide to move within the country or need to move out of the country. Consider your needs and circumstances before deciding to buy or rent a home in Indonesia," commented one expat who made the move to Indonesia.
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SJB GlobalSJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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Click connect to have our partner contact you via e-mail and/or phone.
Other Questions:
- What do I need to know before retiring in Indonesia?
- How do I meet people in Indonesia?
- What is life like in Indonesia?
- Is there a lot of crime in Indonesia?
- Is there a lot of diversity? Are people in Indonesia accepting of differences?
- What are the schools in Indonesia like?
- Is the cost of living in Indonesia high?
- What advice do you have for expats having a baby in Indonesia?
- What are healthcare services like in Indonesia?
- Is the cost of living in Indonesia high?
- What type of recreational facilities are in Indonesia?
- What is the weather like in Indonesia?
- Are there good restaurants in Indonesia?
- Where will I buy groceries and do other shopping in Indonesia?
- What are the visa & residency requirements in Indonesia?
- Are healthcare and health insurance expensive in Indonesia?
- What do I need to know when buying property in Indonesia?
- Are foreigners allowed to own property in Indonesia?
- What appliances are typically included in a rental?
Should I buy or rent a home in Indonesia?
If you live in Indonesia, newcomers to Indonesia 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.
