Language: English and Chamorro (official)
Population: Abt. 183,000
Area: 541.3 Sq km
Guam is an organized, unincorporated territory of the United States in the western Pacific Ocean and largest and southernmost of the Mariana Islands. Country's economy is principal tourism, which is composed primarily of visitors from Japan and income from the United States military.
Guam’s housing market has been expected to recover since the military buildup started. The planned military expansion in the island is the result of an agreement between the US and Japan to relocate around 8,000 US Marines and their dependents from Okinawa to Guam.
There are some restrictions on foreign property ownership. Guam is a territory of the US and its people have U.S. citizenship. Non-U.S. citizens who have not declared their intent to become permanent residents (green card applicants) can only buy one house or condominium in their personal names, which must be owner-occupied.
For investment purposes, however, a foreigner can form a Guam corporation with at least one local shareholder/director. The corporation can then buy as much property as it wants.