Checklist for Buying an Apartment as a US Investor Abroad

Over 5.5 million Americans currently live abroad, and many are investing in international real estate. Why? Because the returns are crazy. One of the main reasons is that the ownership costs are far lower than in the US.

Buying property overseas is no longer reserved for the ultra-wealthy. In countries like Jordan, you can find luxury apartments starting around $100,000-$150,000 in prime areas. That’s a fraction of what you have to pay in major U.S. cities.

But international real estate has its pros and cons. You need to be strategic and smart in terms of planning. From legal paperwork to local market trends, you need someone who helps you with everything. That’s where Sireen Properties comes in. We are there for you, but this checklist will cover all the major things you want to know before investing abroad as a US investor. 

It’s built for investors who want to buy confidently and avoid common mistakes. Whether you’re looking to rent, flip, or live abroad, this blog guide walks you through every essential step.

1. List Down Your Investment Goals

List down everything: your goals, your current standing, and the outcomes you want to achieve.

• Are you buying real estate to earn rental income?
• Do you plan to live there part-time?
• Are you planning to remodel it and sell it?
• Is this a long-term investment for capital growth?

Knowing your purpose. It helps narrow your options and avoid expensive mistakes.

For example, if you want steady returns, focus on rental demand only. If it’s for lifestyle, location and comfort matter more.

2. Research the Real Estate Market

Now that your goals are clear dive into the local market.

• Study current price trends
• Look at upcoming developments
• Compare rental yields in different areas

Use reliable sources like government data and real estate news. Check the local listings as well. And you can also speak with real estate agents who specialize in foreign buyers.

Also, don’t just look at prices. Understand how the market behaves. Is it growing? Is demand strong? What about resale potential?

3. Know the Legal Requirements

Every country has its own set of rules for foreign buyers. Don’t skip this step.

• Can US citizens legally own property there?
• Is the land freehold or leasehold?
• What are the property ownership limits?

You’ll also want to understand the legal process. Stay connected with your agent from title transfers to registration. In some countries, you may need a local co-signer or government approval.

Pro tip: Always hire a trusted local like Sireen Properties attorney who speaks English. Legal documents and contracts should be translated and reviewed before signing.

4. Set a Realistic Budget

Don’t just count the price of the apartment. There’s more to it.

Here’s what to include:

• Property price
• Legal fees and taxes
• Agent or broker commissions
• Currency exchange costs
• Ongoing expenses (maintenance, insurance, utilities)

Also, think about how you’ll finance the purchase. Will you pay in cash? Or do you need a mortgage abroad?

It’s smart to keep a buffer for surprise costs. That way, you won’t be caught off guard.

5. Choose the Right Location

Location isn’t just about views. It directly impacts your return.

Here’s what to consider:

• Proximity to transport, schools, hospitals, or tourist areas
• Safety and stability of the neighbourhood
• Demand for rentals or resales in that area
• Future development plans or infrastructure upgrades

Ask yourself: Would I want to live here or rent this place? If not, investors probably won’t either. Always balance lifestyle appeal with investment logic.

6. Work with Local Experts

You can’t do this alone, and you shouldn’t have to. 

Here’s who to have on your side:

• A bilingual real estate agent from Sireen Properties because they understand foreign buyers
• A local lawyer to handle contracts and ownership details
• A property manager if you plan to rent it out

Local experts can save you time, money, and legal trouble. They’ll also give you honest insights you won’t find online.

7. Review Tax Implications

Don’t let taxes surprise you later.

You’ll need to look at:

• Property taxes in the country where you’re buying
• Rental income tax (if you plan to rent)
• Capital gains tax if you sell later
• Double taxation agreements with the US.

Also, keep in mind your US obligations. Foreign property and bank accounts may need to be reported to the IRS. It is better to consult with Sireen Properties to get fair advice before closing the deal.

8. Secure Financing (if needed)

Planning to use a loan? Explore your options early.

Consult with experts to know if you can get a mortgage as a foreigner. If so, discuss the interest rates and terms. Do you need a local co-signer or a larger down payment?

Compare international lenders and banks in the country you’re buying. Some US banks also offer international property loans; it’s worth checking. And if you’re paying cash, check exchange rates and wire transfer rules.

9. Conduct Thorough Due Diligence

This is where you protect yourself. Don’t skip it.

Here’s what to verify:

• The title deed is clean and in the seller’s name
• No outstanding taxes or legal issues
• The property is zoned correctly
• Construction permits are valid
• Physical inspection matches listing details

Ask for official documents. Get everything reviewed by your lawyer. If anything feels unclear, pause and recheck.

10. Close the Deal Properly

Once everything checks out, it’s time to sign. But don’t rush.

Here’s how to close safely:

• Use a secure payment method for your deposit or the full amount
• Make sure your lawyer reviews the contract
• Ensure all documents are translated (if needed)
• Get official receipts and proof of ownership
• Register the property with local authorities

Once everything is done, double-check if you need to be present in person or if a power of attorney can handle it. Each country has different rules.

Key Takeaways

Buying an apartment abroad as a US investor can be rewarding, but it needs a plan.

• Know your goals
• Study the market
• Understand local laws
• Set a clear budget
• Pick the right location
• Rely on expert help
• Review tax impact
• Secure financing if required
• Do full due diligence
• Close legally and safely

Taking it step by step keeps you in control. At Sireen Properties, we help US investors do exactly that with confidence and clarity.

FAQs

Can I buy an apartment in Jordan as a US citizen?

Yes. Foreigners, including US investors, can buy property in Jordan with government approval. The process is straightforward with the right legal help.

Do I need to be in Jordan to buy an apartment?

Not necessarily. With a power of attorney, a trusted representative can handle the transaction on your behalf. Sireen Properties can guide you through this.

What are the common costs besides the property price?

Expect legal fees, taxes, registration costs, and agent commissions. It’s smart to budget around 7–10% of the property price for additional costs.