Should I buy or rent a home in Nepal?
If you have not spent a lot of time in Nepal, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Nepal can be a great investment, as the country is growing rapidly and real estate prices are on the rise. However, it is important to consider the cost of living in Nepal, as well as the availability of financing options, before making a decision. Renting a home in Nepal 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 affordable in the short-term. Ultimately, the decision to buy or rent a home in Nepal should be based on individual needs and preferences," mentioned another expat when asked about moving to Nepal.
Other Questions:
- What do I need to know before moving to Nepal?
- How do I find a place to live in Nepal?
- What is a typical expat home or apartment like in Nepal?
- What is the average cost of housing in Nepal?
- Should I buy or rent a home in Nepal?
- What should I pack when moving to Nepal?
- What cultural faux pas should I try to avoid making in Nepal?
- Why do people move to Nepal?
- What are healthcare services like in Nepal?
- What are medical services in Nepal like?
- What are typical rents in Nepal?
- What appliances are typically included in a rental?
Should I buy or rent a home in Nepal?
If you live in Nepal, newcomers to Nepal 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.