Laos
Should I buy or rent a home in Laos?
If you have not spent a lot of time in Laos, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Laos can be a great investment, as property prices are still relatively low. However, it is important to consider the cost of living in the area, as well as the availability of amenities and services. Renting a home in Laos can be a more cost-effective option, as it allows you to live in the area without the long-term commitment of buying a home. Additionally, renting can provide more flexibility if you are unsure of how long you will be staying in the area. Ultimately, the decision to buy or rent a home in Laos should be based on your individual needs and preferences," commented one expat who made the move to Laos.
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With over 2 million bookable vacation rentals, Vrbo connects homeowners with families and vacationers looking for something more than a hotel for their trip. The Vrbo community offers families an array of rental property types such as condos, cabins, lake rentals, beach houses, and more. Discover properties in destinations that everyone dreams of visiting.
VRBOWith over 2 million bookable vacation rentals, Vrbo connects homeowners with families and vacationers looking for something more than a hotel for their trip. The Vrbo community offers families an array of rental property types such as condos, cabins, lake rentals, beach houses, and more. Discover properties in destinations that everyone dreams of visiting.
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Other Questions:
- What do I need to know before retiring in Laos?
- How do I meet people in Laos?
- What is life like in Laos?
- Is there a lot of crime in Laos?
- Is there a lot of diversity? Are people in Laos accepting of differences?
- What are the schools in Laos like?
- Is the cost of living in Laos high?
- What advice do you have for expats having a baby in Laos?
- What are healthcare services like in Laos?
- Is the cost of living in Laos high?
- What type of recreational facilities are in Laos?
- What is the weather like in Laos?
- Are there good restaurants in Laos?
- Where will I buy groceries and do other shopping in Laos?
- What are the visa & residency requirements in Laos?
- Are healthcare and health insurance expensive in Laos?
- What do I need to know when buying property in Laos?
- Are foreigners allowed to own property in Laos?
- What appliances are typically included in a rental?
Should I buy or rent a home in Laos?
If you live in Laos, newcomers to Laos 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.
