Should I buy or rent a home in China?
If you have not spent a lot of time in China, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"As I mentioned earlier I rented an apartment. Wasn't hard but I needed some friends to help me. Took me all of one afternoon to find a place. As I mentioned earlier, it was fully furnished, also had three air-conditioner, refrigerator, clothes washer and big screen TV," remarked another expat who made the move to Nanning, Guangxi Provence, China.
"My wife owns a condo which is basically what many Chinese own in liu of Americans buying a house. Many more rent apts/condos from others," explained one expat living in Xi'an, China.
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William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
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Other Questions:
- What do I need to know before retiring in China?
- How do I meet people in China?
- What is life like in China?
- Is there a lot of crime in China?
- Is there a lot of diversity? Are people in China accepting of differences?
- What are the schools in China like?
- Is the cost of living in China high?
- What advice do you have for expats having a baby in China?
- What are healthcare services like in China?
- Is the cost of living in China high?
- What type of recreational facilities are in China?
- What is the weather like in China?
- Are there good restaurants in China?
- Where will I buy groceries and do other shopping in China?
- What are the visa & residency requirements in China?
- Are healthcare and health insurance expensive in China?
- What do I need to know when buying property in China?
- Are foreigners allowed to own property in China?
- What appliances are typically included in a rental?
Should I buy or rent a home in China?
If you live in China, newcomers to China would love to hear your answer to this question.
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.