A domain registration is valid for one year after which you can renew it for another year at an average price of $10.
You can also choose to pay for up to 10 years of renewals at once.
When you are buying a domain name, the registrar asks you for the period for which you want to buy the domain name.
Can you buy a domain name forever?
As long as the company remains in business, you keep your domain name. However, if the company goes out of business, your domain name goes with it. There are two ways to buy a domain for life. Keep your domain name as long as your domain name registrar stays in business.
How long does it take for a domain name to be available after it expires?
Usually, a domain name is not available for re-registration as soon as it expires. Most registrars allow a grace period that can be as short as one or two weeks or as long as a year for registrants to renew expired domain names.
How much does it cost to keep a domain name?
On average, if you intend to purchase a new domain, it should cost you anywhere between $10 to $15 a year depending on the TLD and the registrar. When searching for a new website name you will run into dozens of domain registrars, each with their own set of packages and perks.