REI Posts

Simple answer: No, most U.S. banks will not give mortgages for property outside the United States. If you want to buy property abroad, you usually have to: Some international or specialty lenders exist, but they are rare and often have higher interest rates and stricter terms. 👉 So if you’re an American buying property abroad, … Read more

Yes, some countries allow you to live there if you buy property. These programs are often called Golden Visa or Citizenship by Investment. The rules and costs vary by country. Country Minimum Property Investment Residency/Citizenship Details Portugal €280,000 Residency after investment; citizenship possible after 6 years Greece €250,000 Residency; citizenship possible after 7 years Spain … Read more

1 acre of land in Mexico costs anywhere from about $5,000 to $1,200,000 USD, depending on location. Type of Area Price Range (USD per acre) Cheapest (rural inland) $5,000 Most expensive (tourist hotspots/coastal) $1,200,000 Related What country is easiest for Americans to buy property? Luxury House in New York for $99 Million Can US citizens … Read more

The “hardest” country for foreigners, including Americans, to buy property usually depends on strict laws, bureaucracy, or government restrictions on foreign ownership. Some of the toughest countries include: Country Why it’s difficult Switzerland Strict restrictions for non-residents; many cantons require special permits; luxury property heavily regulated. Singapore Foreigners can buy only certain types of properties … Read more

If you’re seeking an affordable, American-friendly country to live in, several destinations stand out in 2025 for their low cost of living, welcoming environments, and ease of settling in. Here are some top options: 🇲🇽 Mexico 🇪🇨 Ecuador 🇵🇦 Panama 🇨🇷 Costa Rica 🇲🇾 Malaysia 🇺🇸 Belize 🇹🇷 Turkey Top Picks Summary: Each of these … Read more

Yes, as a U.S. citizen, capital gains from foreign property are generally taxable in the U.S., even if the property is overseas. Avoiding capital gains tax completely is very difficult, but there are legal strategies to minimize or defer it: 1️⃣ Primary Residence Exclusion If the foreign property is your primary home: 2️⃣ 1031 Exchange … Read more

Here’s a table showing the easiest countries for Americans to buy property: Country Can Americans Buy? Notes / Restrictions Extras / Benefits Mexico 🇲🇽 Yes Bank trust needed in restricted zones Close to US, low cost of living Costa Rica 🇨🇷 Yes No restrictions Great healthcare, stable government Portugal 🇵🇹 Yes No restrictions Mild climate, … Read more

Some of the cheapest countries to buy property in 2025 are Northern Cyprus, Bosnia and Herzegovina, Greece, Romania, and Turkey. Prices are much lower than in the U.S. or Western Europe, making them attractive for investors or expats. Country Average Property Price Notes Northern Cyprus $118 per sq. ft. Growing tourism, new developments Bosnia and … Read more

Yes, U.S. citizens and resident aliens must report certain foreign property holdings to the IRS, but the specifics depend on the type of property. Here’s a clear breakdown: ✅ Key takeaway: Owning foreign property itself usually doesn’t need to be reported unless it generates income or is tied to foreign financial accounts/assets above reporting thresholds. … Read more

Yes, U.S. citizens and resident aliens may have to pay taxes on foreign property, but it depends on the type of tax we’re talking about. Let me break it down clearly: 1. Property Tax Abroad 2. Income from Foreign Property 3. Capital Gains Tax 4. Reporting Requirements 💡 Key takeaway: Owning foreign property doesn’t automatically … Read more