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Can a U.S. Citizen Buy Property on Guam? Yes. Both U.S. citizens and permanent residents can buy property on Guam without restrictions, including houses and condos. By the way, the same isn't true of Guam's neighboring islands, the Commonwealth of the Northern Mariana Islands.
But median price has grown (by) double digits in the past five years. Single-family median price in Guam as of 2022 is $420,000, the condominium is about $315,000.
Investing in rental property in Guam is a great option for those looking to build wealth. Not only is the island - a good destination with an enviable tropical climate, but it can also be an attractive option for many military members.
Guide To Buying A House On Guam Determine your budget. The first step in buying a house is to determine your budget. ... Find a Real Estate Agent. ... Get pre-qualified by a lender. ... Start House Hunting. ... Make An Offer. ... Complete A Home Inspection. ... Obtain A Home Appraisal. ... Secure A Mortgage.
Depending on your nationality, you may also need to present a valid foreign passport, visa and 2 or more valid photo IDs. By simply buying real estate in Guam, being a U.S territory, does not give foreign owners any rights or privileges concerning legal stay and status.