Think of anywhere in the world where American homeowners like to buy property, and it comes as little surprise that the answer is almost anywhere. From beachside resorts to ski resorts, lakeside getaways to urban apartments; there doesn’t seem to be much that appeals less to U.S. buyers than remote hilltop farms or desert wasteland communes.
In fact, there are now so many overseas properties where Americans have chosen to reside that entire agencies have emerged specifically catering to them. Here, we look at 6 countries where Americans like to buy property.
Mexico
Like Florida, Mexico is defined by its tropical climate and its beaches, which makes it a natural fit for American residency seekers. Indeed, the popular resort town of Cabo San Lucas has long been a favorite for U.S. buyers, thanks to its excellent climate and its abundance of spas and golf courses.
The fortunes of Mexican real estate have waxed and waned over the years but it looks as though it may now be getting back on its feet again, making it a very interesting place to retire in Mexico.
The Bahamas
With its almost cliched tropical dreaminess, it’s no surprise that the Bahamas has been a favorite for American buyers for decades. Indeed, the U.S. Virgin Islands are a part of the Bahamas, and so are the Florida keys, which means that much of what is appealing about the Bahamas is also true of Florida.
Moreover, the Bahamas has a long-established legal framework that makes it relatively easy to buy property there. What’s more, it’s easy to fly there from the U.S., and it’s also a very affordable place to buy property, given its tropical location.
Spain
Given its status as a world-class tourist destination, it should come as no surprise that Spain is a place where many Americans like to buy property. Indeed, many have long been drawn to the Spanish lifestyle and to the idea of buying property and taking up a “retire in Spain” lifestyle.
In recent years, Spain has enjoyed a resurgence, thanks in part to the popularity of its cuisine and also due to the fact that it is a relatively cheap place to live. What’s more, it’s easy to buy property in Spain, and the legal framework is well established and relatively straightforward.
Turks and Caicos
Turks and Caicos, a developing country, can have some differences from other countries. It is located North of the Dominican Republic and boasts stunning beaches and breathtaking ocean views.
Its stunning beauty, warm climate, and marine environment are all compelling. The majority of the development has been made on Providenciales. Here you will find most of the infrastructure, utilities, stores, and accommodations. Although the smaller islands are beautiful, they can be a bit limited in terms of amenities and other services.
There are very few properties available, but those that do exist offer breathtaking views – provided you are able to afford the price. Non-residents can get loans from banks in Turks and Caicos. You should be cautious about any mortgage you take out due to the high price of luxury rentals in this area.
Real estate price varies considerably based on the island and location. Beachfront properties command a premium, as is to be expected. You can make unforgettable memories by purchasing a property here.
France
For millennia, France has been a place where many Americans have liked to buy property, thanks to its culture and its cuisine.
Indeed, many have been drawn by the almost cliched “French life”, which is to say the idea of retiring to a small French village, sipping wine, and eating French bread. What’s more, France has a relatively low cost of living, and much of the lifestyle that has drawn people to France is also available in the more affordable French provinces.
Moreover, France has a legal framework that makes it relatively easy to buy property there.
Thailand
Thailand’s popularity among American property buyers has waxed and waned over the years, thanks to the fact that Thailand is a place that has been particularly affected by the rise and fall of global economies.
What’s more, Thailand’s tropical climate has long been a draw for people looking to buy property abroad. What’s more, Thailand has long been a very affordable place to buy property; its main cities have even been home to a large ex-pat community of Western retirees. The legal framework in Thailand makes it relatively easy to buy property there.
Conclusion
All in all, there are many places where Americans like to buy property; indeed, there are many places where Americans like to live full stop. What’s more, there are many different types of properties that appeal to Americans, from beachside condos to mountain cabins.
Indeed, the only thing that unites these places is the fact that they have attracted large numbers of Americans looking to buy a place to call home. People are increasingly looking for a new home, either for work or for retirement, and that often means leaving the country.
With so many choices, it can be hard to decide where to go. Luckily, there are many factors that can help you decide where to go.
