You cannot buy a domain name permanently.
Domain name registration is done on a yearly basis.
However, you can pre-pay for up to 10 years which guarantees that you will have a domain name for 10 years.
Can I own a domain name forever?
You can now buy domains forever. It works the same way as privacy proxy where you are appointing a registrar as your agent. In this case, we renew the domain for the maximum period and then renew each year on the anniversary. This service is only offered through Epik.
Does it matter who you buy a domain name from?
Once you register a domain, it’s yours – it doesn’t matter which service you purchased it from. If a domain is available, you can usually buy it anywhere you’d like. However, some domain registrars offer services or advantages that others don’t.
Who owns unused domain names?
The .com TLD is owned by Verisign, who charges $6.42/year for a domain. Then you also have to pay another $0.20/year to ICANN, who controls the whole domain name system for the public internet. The registrar can charge you whatever they want. As long as Verisign and ICANN get their money, the domain name is yours.
Do you have to pay yearly for a domain name?
The fee you pay the domain name registrar is an annual fee. In other words, you “own” the domain only as long as you keep paying the yearly fee for it. Instead, it’s more like a rental fee where, as long as you pay the “rent”, you can continue to point that domain name to your website.
Does GoDaddy own my domain name?
Domain names are relatively cheap to register through an Internet Domain registrar like GoDaddy.com or Register.com, though they must be renewed every year or few years. Anyone can register a domain name, and the name is yours until you stop renewing it.
Who is the legal owner of a domain name?
The legal owner of a domain name is the person and/or organization listed as the domain’s registrant or owner contact. Domains typically have four contacts: registrant/owner, admin, technical, and billing.