Bangladesh
Real Estate in Bangladesh
Last updated on Jan 04, 2024
Summary: An expat looking to buy a home in Bangladesh should start by researching the local real estate market. They should look for reputable real estate agents and brokers who can help them find the right property. It is also important to research the local laws and regulations regarding foreign ownership of property in Bangladesh. Foreigners are allowed to own property in Bangladesh, but there are certain restrictions. For example, foreigners are not allowed to own agricultural land or land that is used for industrial purposes. Additionally, foreigners are not allowed to own more than four residential properties in Bangladesh. Houses in Bangladesh typically include basic amenities such as running water, electricity, and sanitation. Many homes also have air conditioning, internet access, and other modern amenities. Depending on the location and price range, some homes may also include a swimming pool, garden, or other luxury features.
How do I find a place to live in Bangladesh?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"One of the best ways to find a place to live in Bangladesh is to use online resources such as rental websites, classifieds, and real estate agents. You can also ask friends and family for recommendations. Additionally, you can look for rental postings in local newspapers and magazines. Once you have identified a few potential places to live, it is important to visit the area in person to get a better sense of the neighborhood and to ensure that the property is suitable for your needs," explained one person living in Bangladesh.
"Basically my company decided. All expats lived in Gulshan area so we went for same. Baridhara seemed nicer but it was more expensive too. Now they have started construction on high buildings everywhere in both Gulshan and Baridhara and it is quite tough to live in these areas. In a few years these areas will not be so called residential anymore. My company used an agent to see apartments," said one expat in Dhaka.
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What is a typical expat home or apartment like in Bangladesh?
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About the Author
Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad 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.
Get a quote for international health insurance from our partner, William Russell.
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