Finding Your Home Away From Home: A Guide to Housing Abroad
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Now that you have a sense of the cost of housing, you must go one step further and examine other conditions relating to real estate that could significantly impact your ability to find quality housing in your new location.
Even if the rental or real estate market looks affordable housing in your location, there are factors such as availability and laws relating to renters and foreign buyers that could impact your housing search.
For example, there are housing shortages in many locations that are also popular with expats. These shortages lead to localized increases in rental and purchase prices, as well as a lack of viable options.
Therefore, doing some area-specific research is wise to make sure the housing market in your new location is not impacted significantly by these other factors.
STEPS TO TAKE…
- Research real estate sites in your locations of choice. Do a detailed search using your exact needs and specifications to see how many options are available. Reach out to the listings to ask questions and make sure they are still available. A lot of agents will maintain old listings as bait.
- Research and examine general housing trends, articles, and news about housing in your city and location of choice, both current and historical.
- Research laws and rights pertaining to foreign buyers and renters in your location. Are the laws challenging to navigate for foreigners or do they favor the tenants?
- Ask questions, research, and explore expat communities in forums like Facebook and Reddit to get first-hand accounts of what it is like to find housing in your preferred location. Ask questions specific to your circumstances where input from locals could be helpful.
- When you first arrive, it can be helpful to have a temporary place while you get a feel for the area and look at longer-term housing options in person. So research the availability of temporary housing options through rental agencies and sites like www.VRBO.com, www.airbnb.com, and www.booking.com
- Reach out to realtors and real estate agencies seeking their professional advice and support with respect to your search. Many real estate agents are happy to help provide assistance with your search, as the owner pays them a commission for helping both renters and buyers. But don’t sign anything that says you will work exclusively with them, as other agents or you yourself may find the right place.
- Fill out the worksheet below with details and listings related to housing.
HOUSING | COUNTRY ONE | COUNTRY TWO | COUNTRY THREE |
CRITERIA | Neighborhood One | Neighborhood One | Neighborhood One |
Inventory Cost Market Trajectory Desirability Temporary Housing | |||
CRITERIA | Neighborhood Two | Neighborhood Two | Neighborhood Two |
Inventory Cost Market Trajectory Desirability Temporary Housing | |||
CRITERIA | Neighborhood Three | Neighborhood Three | Neighborhood Three |
Inventory Cost Market Trajectory Desirability Temporary Housing | |||
Overall Perspective Based on Comparison |
Choosing Your Perfect Country to Move Abroad
Whether you want to move abroad for a career, to study, for love, retirement, or to raise your family, this engaging, easy to follow roadmap will help you find the perfect location to start your new life.
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We started our family travel blog in hopes of supporting other families move abroad and travel the world. Through straightforward, sincere and supportive information we hope to provide a reliable guide for those moving overseas with a family and traveling the globe.