Y
ou're not alone if you dream of living abroad without breaking the bank. Growing unrest and skyrocketing property costs in the US have led many Americans to seek out locations where they can buy real estate at a fraction of the price. Fortunately, several countries welcome international buyers and offer easy residence options and affordable properties.
Here are five places to consider for your next big move:
Panama is becoming increasingly popular with expats due to its low cost of living and large English-speaking community. The country's stable real estate market means you can buy a beachfront property or city apartment at a lower price than in the US. To apply for residency, you'll need proof of just $1,000 in income per month.
Belize is another attractive option, with its turquoise waters, thriving expat community, and low property prices. The country is also a tax haven, so you won't pay taxes on income earned outside Belize. In areas like the Corozal District, you can find beautiful homes for as little as $100,000.
Thailand offers an exciting blend of tropical landscapes and vibrant culture. While foreigners can't own land, you can purchase condos or other portable housing at incredibly low prices. The country also boasts exceptional healthcare, affordable living, and an active expat community.
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