Should I buy or rent a home in Jordan?
If you have not spent a lot of time in Jordan, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Jordan can be a great investment, as the country has a stable economy and a growing real estate market. However, it is important to consider the cost of living in Jordan, as well as the availability of financing options, before making a decision. Renting a home in Jordan can be a more affordable option, as it allows you to live in the country without the long-term commitment of a mortgage. Additionally, renting can provide more flexibility if you are unsure of how long you will be living in Jordan. Ultimately, the decision to buy or rent a home in Jordan should be based on your individual needs and financial situation," remarked another expat who made the move to Jordan.
Other Questions:
- What do I need to know before retiring in Jordan?
- How do I meet people in Jordan?
- What is life like in Jordan?
- Is there a lot of crime in Jordan?
- Is there a lot of diversity? Are people in Jordan accepting of differences?
- What are the schools in Jordan like?
- Is the cost of living in Jordan high?
- What advice do you have for expats having a baby in Jordan?
- What are healthcare services like in Jordan?
- Is the cost of living in Jordan high?
- What type of recreational facilities are in Jordan?
- What is the weather like in Jordan?
- Are there good restaurants in Jordan?
- Where will I buy groceries and do other shopping in Jordan?
- What are the visa & residency requirements in Jordan?
- Are healthcare and health insurance expensive in Jordan?
- What do I need to know when buying property in Jordan?
- Are foreigners allowed to own property in Jordan?
- What appliances are typically included in a rental?
Should I buy or rent a home in Jordan?
If you live in Jordan, newcomers to Jordan 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.