The Best Countries Where U.S. Citizens Can Buy Property in 2024

Now is the perfect time to explore the exciting world of foreign real estate. Mansion Global reports that over 90% of high-income Americans invest in such properties to enrich their lives and their families’ futures. However, where are the best countries where U.S. citizens can buy property, and what options exist for new buyers who want to find their dream property?

In this article, we’ll take a journey through some of the most beautiful and culture-rich locations around the globe.

So, let’s explore these picturesque locations and get ready to own a little bit of culture today.

Best Countries to Buy Property as a US Citizen

Tropical: Costa Rica  

Costa Rica is an easy choice as one of the best countries to buy property in due to its welcoming nature and simple property laws. Working with a knowledgeable real estate agent, navigating Costa Rica’s property laws is easy. Many happy homebuyers from the US, have found their own little piece of paradise in this tropical oasis and discovered that living in the country is a breath of fresh air.

The region’s breathtaking natural beauty, biodiversity, and political stability are all great bonuses for anyone looking to connect with nature and make it the perfect place to relax. There is also a thriving ex-pat community, meaning you will easily fit in.

Close to Home: Mexico  

With Mexico so close to home and Cancun Airport having so many direct flights from many U.S. cities, many of our clients have found investing in Mexico easier than ever before. Many have even chosen to settle down, nestled in Mexico’s diverse geography. 

The cost of living and real estate are also lower than those in the U.S. So, you can often find some of the cheapest real estate in the world to further your portfolio or find a serene place to call home.

However, if you choose to move in yourself, then expect to enjoy everything that Mexico has to offer, such as:

• – Deep cultural richness
• – Dreamlike vistas and stunning locations
• – Friendly locals
• – Delicious gastronomic options
• – Favorable exchange rates
• – Explicit benefits for retirees
• – A varied climate

While a few restrictions exist for buying property near Mexico’s coastline or borders, there are simple ways around them. Working with an experienced real estate like Azul Mexico Realty can make the whole process seamless. We have already helped hundreds of clients navigate moving in, ensuring them the peace of mind they deserve.

Sun and Sea: Spain  

From one Spanish option to another, Spain itself is beloved by many Americans, offering a captivating blend of:

• – Mediterranean climate
• – High quality of life
• – Strong ex-pat population
• – Rich history and culture
• – Proximity to many other European destinations

Although moving to Spawn might require permission to reside in the country, the “Golden Visa” program makes it much simpler. Dozens of homeowners and investors have already used this program successfully, and the country’s requirements are clearly defined, making it easy to understand what one needs to do.

Charming: Portugal  

Like Spain, Portugal’s Golden Visa program is a welcoming way to gain residency. With the right estate agent, you can expect the process to be straightforward. They can guide you in investing in the country or finding your own place in the sun.

Portugal offers a lot for residents and those looking to invest in real estate for short-stay vacationers. The country enchants visitors with its:

• – Long golden coastlines
• – Historic cities
• – Serene countryside
• – Vibrant folklore
• – Local culture

The cost of living in Portugal also tends to be lower than in the U.S. So, it’s one of the best countries to invest in real estate on this list if you don’t mind crossing the ocean to visit people at home.

Perfect for Retirement: Panama  

This Central American country has become a wonderful and popular choice as a retirement destination due to its:

• – Favorable climate
• – Low living cost
• – Lack of foreign ownership restrictions
• – Thriving expat community
• – High number of Western doctors

According to Business Insider, these have led to thousands of American retirees living in the country as of 2024.

Exotic: Thailand  

This famous location’s tropical climate and friendly culture make it a true gem for many visitors. Whether buying in a bustling urban center like Bangkok or visiting tranquil Koh Samui island, there is something for everyone.

The cost of real estate in Thailand is also very low, so you may even be able to invest in several properties. However, limits apply to how many you can own in specific locations. For example, you can only own up to 49% of all residences in one building.

Blissful: Belize

Belize is an English-speaking country, making it easy to move there and enjoy the dreamlike Caribbean coastline. The mix of pristine beaches and lush jungles can even make you feel like you are on a deserted island.

Another reason to invest in this picturesque location is the lack of capital gains tax and stable political climate. Due to the lack of legal barriers, it is also one of the easiest countries to buy property as a foreigner. So, you can own your own little slice of this gorgeous country without many challenges.

As such, if you want to rent out holiday locations or move here permanently, this destination is perfect for budget-conscious buyers. You can expect to enjoy the fruits of your labor in the long term.

Invest in Countries Where U.S. Citizens Can Buy Property

Each of these beautiful locations is waiting for you to invest, whether for living in or renting out. Either way, you can give yourself a greater feeling of independence than ever before.

Azul Mexico Realty wants to help you with that. We believe that Mexico is the best investment when it comes to countries where U.S. citizens can buy property. We stand ready as your guide to help you navigate taking your first step into the country and expand your horizons. So, get in touch today and discover the best place to invest in real estate in the world.