Or country domains of your own country.
Or if the country moves underneath you. Quite a few Brits lost their existing .eu domains after Brexit.
And they sometimes have undesirable policies. For example, .us prohibits any kind of WHOIS protection. It’ll be tied to your real name, address, and phone number, unless you take some steps like getting a P.O. box or buying in the name of a shell corporation.
The new owners didn't even use them properly.