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New Holland Island in St. Petersburg, Russia

Should I buy or rent a home in Russia?

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If you have not spent a lot of time in Russia, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...

"Buying a home in Russia can be a great investment, as the country's real estate market is growing rapidly. However, it is important to consider the cost of living in the area you are looking to buy in, as well as the cost of the home itself. Renting a home in Russia can also be a great option, as it can provide more flexibility and allow you to save money in the short-term. Ultimately, the decision to buy or rent a home in Russia should be based on your individual needs and financial situation," commented one expat who made the move to Russia.

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Traveling Mailbox serves thousands of travelers, expats, digital nomads, businesses, individuals and others in over 47 Countries by scanning their postal mail so they can view it online anywhere in the world. They provide customer service 7 days a week so if you need assistance, it is just a phone call away. Traveling Mailbox works with Evernote, Bill.com and Dropbox. And, there are Traveling Mailbox apps available for iOS and Android devices.
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Should I buy or rent a home in Russia?

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About the Author

Betsy Burlingame 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.

New Holland Island in St. Petersburg, Russia

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