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Month: October 2020
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Should you hire a real estate agent when buying or renting a property in Bahrain?

Author: admin
Categories: bahrain,foreigners in Bahrain,real estate agents
real_estate_agent

The real estate market is flourishing in Bahrain, and that’s why it makes sense more than ever to buy a home in the country. The thing to keep in mind here is that you need to know where you can find the best deal, while also having a property that fulfills all your requirements. That can be a bit of a challenge at first, but with the right approach you can make it work.

Why is it a good idea to work with a real estate agent?

When you’re an expat, you don’t know Bahrain that well, let alone its real estate market. That’s why you want to address the situation and ensure that it delivers the best possible results and experience. We believe that working with a real estate is the better approach because it helps you save a lot of time and money.

Not only that, but you have access to the knowledge and experience of a vetted expert in the industry. Once you work with a professional, you know that he will do everything in his power to assist and ensure that you have only the best results on the market.

A real estate agent will also know the market traps, properties that look great but they have high maintenance prices or which bring in challenges with them. Without a real estate professional, you can easily buy such a property and deal with the issues.

Stellar support for all clients

When you work with a real estate agent in Bahrain, he will be able to find the right property for your desired price point. The real estate agent also has the power of networking on his side. Even if he might not find the right property for you, he has a network of agents and professionals that can help him. So you will find the desired property a lot easier.

Some real estate agents will help during the negotiation process too. Which means you might be able to spend less on the property. You might even get some help with the paperwork too. That alone can be very important, since you will finish everything properly and not have to worry about legal issues. The real estate agent can give you the much-needed support, while bringing in front the best experience and quality.

Conclusion

It’s a very good idea to hire a real estate agent if you want to buy a property in Bahrain. He will be there to assist with pricing guidelines, not to mention the agent has real estate knowledge and connections to help you pick the right options. Yes, there will always be challenges as you try to find a good property on your own. A professional will help with that, and he will ensure that the purchase process goes smoothly. That’s why it’s crucial to work with a Bahrain real estate agent right away. You will finally obtain the results you want as you buy a great property within the desired price point!

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Should you buy or rent a house in Bahrain?

Author: admin
Categories: bahrain,foreigners in Bahrain

Bahrain is a great country with tons of amazing opportunities. What makes it unique is the overall location, but also the astounding business options and careers you can have here. A lot of industries are thriving here, which is why many people come to Bahrain to create their own startup. That being said, you have to wonder, should you rent or buy a house in the country? Which is the right approach?

Buying a home

Everyone wants to buy a home and not have to worry about paying rent. Of course, buying a property does come with its own expenses, so just because you’re not owning the property, that doesn’t mean you are out of the hassle just yet. What you will like about buying a home in Bahrain is that the prices are very affordable.

Some locations can be a tad more expensive, so you really need to study the market to see where you can find the better deal. Usually, lower prices are in neighborhoods that are not close to the center. So if you want a central location, you must be ready to pay up. But at the same time, if you have a car and you don’t want to be near the central regions, you will be fine. It all comes down to understanding the process and finding an appropriate location according to your own needs.

Renting a home

If you want to buy a home and you have a limited budget, you will be forced to live in the outskirts for the most part. However, if you choose to rent a property, you can go anywhere you want in Bahrain. This offers a lot more versatility. You can eventually prepare to buy a home and that can help more than you imagine.

But you need to take your time and study the market to find the right rental. That alone can be well worth it. However, you need to realize that as long as you rent a home, prices can fluctuate. So you may have to pay more in a few months from now. Basically, there are pros and cons on both sides, which is why you need to be very careful. If you study the market and assess all possible options, you might be able to obtain great results.

Conclusion

Which is the better option, to buy a home or to rent one in Bahrain? That all depends on you. Most of the time, renting a home is better if you don’t have a lot of money and want to avoid a mortgage. Investing in a property is the ideal thing to do, but it needs to be in a place you enjoy. You can’t just buy a home far from the desired location just because it’s cheap. Ideally you want to- rent and set money aside so you can buy a home. That’s what gives you the best results. It might be a more time-consuming process, but you get to live anywhere you want, and in the long run you will have money to buy a property.

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Questions you should ask when viewing a property Agent in Bahrain?

Author: admin
Categories: bahrain,foreigners in Bahrain,real estate agents

Buying a property in Bahrain sounds like a great idea, and it has the potential to bring in astounding benefits. It can take a bit of time to find the right property, but the most important thing you can do is to work with a property agent. He will be able to figure out what house is suitable for your requirements, based on your budget and expectations. Here you have a list of questions you may want to ask the property agent.

How long has the property been on the market?

Usually a good home won’t sit on the market for a long time. If the answer is more than a month or two, then you may start questioning why the home is not selling. It’s definitely a thing that you need to think about, so try to keep that in mind. You can also ask if the property was re-listed on the market or not. All these things will matter a lot.

Is the price negotiable or not?

Some property owners won’t negotiate the price at all. So you want to know from the start if there’s any room for negotiation. That alone will make it easy to see if you can actively afford the property in the first place.

Were there any recent renovations?

This will give you a good idea of what repairs you still need to do. If the property was renovated recently and the renovations are done right, that means you should be ok with spending a little more than expected. After all, you don’t have to perform repairs on your own.

Is the property structurally sound?

Ideally you want to hire a good surveyor that will offer an objective assessment of the property. It really helps a lot if you approach this adequately, and the outcome itself can be great. You need to know if the property is structurally sound, as any type of foundation work can be very expensive.

Why are the owners selling?

You need to ensure that the answer is truthful. Sure, people might be selling just to move to another location. But there are some that sell just because they want to get out of that neighborhood or if the house has severe problems. Understanding these reasons can make a major difference.

How noisy is the property?

Noise can be an issue, especially if you work from home or have to stay around the property many hours every day. Which is why asking about noise is very important. You can also assess that slightly when you visit the property as well.

Conclusion

Buying a good property in Bahrain will require a lot of knowledge and expertise. Asking the right questions never hurts, so try to commit to the process and ensure that you obtain the best experience. Once you contact a good professional and work closely with him, nothing will stand in your way. What really matters is to find a property agent that’s honest, as you want to know the truth about every property before you commit to one!

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Health and medical in Bahrain as an expatriate

Author: admin
Categories: bahrain,foreigners in Bahrain,health

Health and medical systems are different in every country, and Bahrain is no different. If you’re an expat, then you must figure out a way to protect yourself from a medical standpoint. There are solutions, but it’s crucial to understand them and see what works for you here. Thankfully, Bahrain has a Universal Health Insurance, but the expats need to handle the health insurance on their own.

Compulsory Health Insurance

Residents in Bahrain will get access to healthcare services for free. In case they go for a private clinic, they are still subsidized 60%. If you are an expat in Bahrain, things are different. The employer needs to fund the mandatory package, this only covers emergency and primary healthcare. So if you have a cap on spending, then that can be a problem. Getting Bahrain private health insurance becomes mandatory, but since there are so many options, it’s close to impossible to find the option that works very well for you.

Private expat health insurance

The good thing about private expat insurance in Bahrain is that you usually get better care when compared to the employer policies. You will be able to visit private hospitals and clinics with this insurance, and the care standards are on par with the USA and the UK at this time. Some insurance policies are also covering things like dental insurance or medical repatriation, which can be very helpful.

Medical examinations for expats

It’s important to note that the healthcare system in Bahrain requires expats to attend not one, but two medical examination. The first one is usually the most detailed one, and it will take place in your home country. Then you will need to arrive in Bahrain and you will be accepted based on that medical document. When you arrive, you will be subjected to another examination. The one in Bahrain is not as detailed however, which is something to take into consideration.

Prescriptions and vaccinations

Antidepressants and sleeping pills are not allowed in Bahrain. However, doctors are allowed to offer prescriptions to expats too. You will be able to find most of the stuff you need at the major pharmacy chains. When it comes to vaccinations, it’s a good idea to take standard vaccinations as well as Hepatitis and Rabies vaccinations, aside from Rubella, Mumps or measles, among many others.

Conclusion

Getting the right medical care and attention in Bahrain is very important, especially as an expat. Granted, it might cost you to quite a bit of money to obtain great assistance and medical support, but it’s definitely worth it and that’s the thing you need to consider the most. At the end of the day, Bahrain does have one of the best medical systems in the region, so it’s ok to pay as an expat as long as you receive the best case. And yes, you can expect high quality medical services that rival those from the UK or the US. Which is why you need to ensure that any medical costs and challenges are dealt with from the start when you move to Bahrain!

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Buying properties for foreigners in Bahrain

Author: admin
Categories: bahrain,foreigners in Bahrain
Image-for-country-banner-Marina-Durrat-Al-Bahrain-1024x482-1

Foreigners have a very relaxed system in Bahrain, they are encouraged to come to the country and invest in businesses. They can also invest in properties too. That’s why there are lots of flats for rent in Zinj Bahrain and all over the region. The costs of living are low, and creating a new startup is extremely easy and convenient. With that being said, is it possible for a foreigner to buy a property in Bahrain and if so, how can you do it? Let’s find out.

Can foreigners buy properties in Bahrain?

Yes, you can do that. There is a limit, since you can only buy freehold properties. You do want to make sure that you work closely with a real estate expert or lawyer to ensure that you are allowed to buy here. You can invest in or buy properties in Dannat Hawar,Amwaj Islands, Manama, Seef and a multitude of other locations.

Do you need to pay taxes for the property?

A lot of people find this confusing but yes, Bahrain requires foreigners to pay taxes. Even if Bahrain is a tax-free country to begin with, people from other countries still have to pay a 10% municipal tax on the properties they own. It’s not a lot when compared to other countries, but it’s still quite a bit.

Then there’s also the residency aspect. If you are a freehold property owner, then you have a 5-year self-sponsorship that you can renew in any way you want. There’s also the option for you to obtain a residence permit that helps you sponsor your kids and spouse as well. Once you have all that legal aspect sorted out, you can find some great apartments for rent in Bahrain Juffair or neighboring regions.

Understanding more about the property purchases

After you agree with the owner when it comes to the property price, you will need to sign a reservation agreement. What this does is it locks the property to you and the seller can’t sell it to any other person. After that happens, you sign the sales agreement and provide the downpayment. The payment schedule and structure will differ based on a multitude of factors.

You need to deposit the full payment, and once that happens you will get the title deed. This agreement needs to be fully notarized by the Legislation Court. You also need to register the property with the Bahrain Survey and Land Registration Bureau. Here you have to pay a registration fee that will be anywhere from 1.5% to 3% of the property price.

Conclusion

It’s very important to know how the system works when you are buying properties for foreigners in Bahrain. Understanding the purchase process and making sure you stick to it matters quite a bit. Once you know how the system works, it’s easy to buy a property here. Thankfully, the legal system is not that restrictive, which means you are getting a very good set of results, and nothing will be able to stand in your way!

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Safest areas to live in Bahrain

Author: admin
Categories: areas to live in Bahrain,bahrain
bahrain is a safe place to live in

Bahrain is a very good place to start a new life or create a startup. The possibilities are limitless, since the cost of living is low and you can also find affordable rentals for villas and flats. This does bring the question, which neighborhoods are safe if you want to move to Bahrain? Are some of them better than others. It’s important to assess the situation and see which is the better option. In general Bahrain is a safe country as a whole. People are welcoming and friendly.

Adliya

It’s a very good idea to move to Adliya because this is a very friendly, quiet location where you can live without any worries. It’s a really safe neighborhood and a lot of people love it just because it’s so distinctive and unique. It’s impressive right from the start, and you will appreciate the affordable rental costs too.

Juffair

We recommend the apartments for rent in Bahrain Juffair because these are a great deal. And they are also in a very safe environment. They really bring in a very good value and return, plus people appreciate them just because they are so unique and different. It makes a lot of sense to look for some great rentals in Juffair because this is one of the safest locations in Bahrain.

Muharraq

Muharraq also comes as a great option. The location itself is astounding, it looks amazing and you are close to a vast range of amazing sights too. The thing to note here is that you can also enjoy swimming and water sports, which might be an amazing thing to consider.

Amwaj Islands

Speaking of being close to water, the Amwaj Islands can also be a very good, safe place to live in. All you need is to find the right flats for rent, and it will be well worth the effort. Just try to use that to your advantage. Keep in mind that this can be a rather expensive place to live in, but if you have the money, it’s well worth it.

Zinj

There are lots of flats for rent in Zinj Bahrain, and the costs are very affordable. Zinj doesn’t have a high crime rate, it’s a safe town and you do have a low cost of living. It’s one of the ideal options you want to keep in mind when you want to move to a new location in Bahrain or if you want to start a new business. You should consider giving it a try if possible, as it’s well worth it.

Conclusion

If you want to move to Bahrain, then there are lots of great options. You can move here fast and easy, and the opportunities are astounding. Yes, it will take a bit of trial and error to find the right place, especially if you come from outside the country. But if you get past that, you will find Bahrain to be an amazing place to live in with plenty of stellar features. Just check it out right away, and it will be well worth it. Just make sure that you select the right areas to live in, like the ones listed above!

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Affordable areas to live in Bahrain

Author: admin
Categories: areas to live in Bahrain,bahrain

Bahrain is one of the best places in the world to create a startup right now. Not only are the costs of living rather low, but you have access to amazing funds and programs from the government. It’s more important than ever to find the affordable areas in Bahrain where you can live, and you can easily find quite a lot of them right now.

Juffair

Getting the best apartments for rent in Bahrain Juffair has never been easier. The best part here is that the location itself was absorbed by the Manama extension due to expats coming in here. It’s a great place with a vast range of different industries you can focus on. People love it because it’s super affordable. If you want to initiate a startup in Bahrain, this can be one of the best places for you to check out.

Saar

Saar is very close to the capital, which makes it ideal for a lot of people. There are villas for rent in Saar Bahrain at really low prices, so you can live like a king while also trying to create a great startup. This is a very good place to check out, and you will be impressed with all the amazing opportunities and benefits that they can bring to the table.

Zinj

The reason you want to go to Zinj is because this Manama suburb is actually very affordable. They do have good restaurants, all kinds of shops, and the costs of living are rather low too. Overall, it’s a top place for a lot of people that want to create a startup. You can invest most of your funds in the startup, while still living comfortably here. The flats for rent in Zinj Bahrain are pretty impressive too for the money.

Tubli

Living in Tubli makes sense if you want to go for rental apartments. Villa rentals and apartment rentals are pretty impressive for the money. The area also has budget-friendly homes, so that’s something to keep in mind. Even the idea to rent a space for your startup is very affordable, which means there are plenty of options to pursue and keep in mind here.

Janabiya

This is one of the top residential areas in Bahrain when it comes to costs versus what you get. The apartments for rent here are extremely affordable, and the best part is that you can rent some affordable business locations too.

Conclusion

There’s no shortage of great places to live in when it comes to Bahrain. You will be impressed with the amazing locations and how inexpensive they really are. Anyone that wants to start a business in Bahrain needs to consider this quite a bit, since it really is one of the most impressive locations in the world for this. The costs of living are low, apartments are affordable, and overall you are getting an amazing set of results. All you have to do is to find the right place to live in here, and the payoff can be astonishing!

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5 reasons you should consider Bahrain as your business startup location

Author: admin
Categories: Bahrain Startups,Business,economy

If you’re looking to create a new startup, it’s important to go and create it in a place that supports new businesses and creativity. Bahrain is one of the few countries in the world that continues to expand in amazing ways. It’s bringing in a business-friendly environment, as well as a variety of other things that make it stand out of the crowd. It’s a good idea to try and find apartments for rent in Bahrain Juffair, because this is the place to be for new startup creators.

The government supports business growth

In many countries you will find a lack of focus and attention towards the business world. That’s why many countries are not ideal when it comes to creating a new business there. You want a startup-friendly environment, and Bahrain has that. The local government has worked very hard to enhance the entrepreneurial system. What they dis is they managed to help startups grow by helping them instead of just pushing bureaucracy. That’s why 70% of the young people in the country are interested in starting their own business.

Inexpensive rent and cost of living

Bahrain is not as expensive when compared to other countries. That makes it easy for you to find villas for rent in Saar Bahrain at very affordable prices. The food costs are just as low too, and in general you won’t have to spend a lot of money to live in Bahrain. That’s why you have to check it out and really give it a shot, as it’s an amazing place to live in.

Strategic proximity

Bahrain is very close to the gulf market, and that brings in tremendous opportunities. It encourages growth and value, and it constantly pushes the boundaries to bring in amazing success for businesses. That’s the thing you want to pursue, and you really get to achieve that.

Most industries have amazing growth

There are a plethora of industries you can have a startup in. Of course, IT continues to shine, so that will be a primary option. Then you can enter the construction world, interior design, food, event planning, cleaning services and consulting businesses. As you can see, there’s no shortage of things to focus on here, and the payoff can be incredible.

Very well educated local workforce

When you create a startup, you really want to have access to the best talent out there. Bahrain offers you access to maybe the best talent pool in the region. People here are efficient, educated and they known English, the local languages and many other languages as well.

Conclusion

It’s easy to see why should try to find flats for rent in Zinj Bahrain. The country has amazing opportunities and it encourages people from all over the world to invest in the local economy. Startups are aided by the government, and you do get access to amazing financial features and benefits. If you want to create a great business, then you should consider investing in Bahrain. This is one of the top countries in the world where you can create your own startup, and it’s going to be well worth the effort!

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