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Thursday, January 31, 2008

South America 'offers investment opportunities'

South America 'offers investment opportunities' 22/01/2008
The Latin American property market may be a good bet for investors in 2008.

Paul Collins from BuyAssociation believes that areas such as Panama, Belize and Argentina should all prove popular with investors. He also thinks that those countries closer to home such as Eastern Europe will also be popular, driven more by the holiday market.

Panama in particular should attract investors as foreign income is not taxable in the country. But also there are far more direct flights to south American countries now than ever before and there is potential rental income from the US market.

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