Brits urged to invest in Panama

With Panama having just been named investment destination pick of the year by Property Frontiers, one firm has outlined a number of motives for Britons to choose to invest in the country.

The Central American nation is in the process of rapid growth, with real estate in the location increasing in value by 25 per cent annually, according to Shelter Offshore.

Among the reasons for making an international money transfer on a property in the country is the area's thriving tourism, which could help investors get good returns if they let out their building.

There may also be opportunities for buyers to invest in a property at cut price, as developers try to offload some of their stock.

Additionally, the firm suggests that there is long-term profit potential for those willing to make an international money transfer on a property investment in the country.

It concludes that the laid back pace of life offered in Panama should be an attractive prospect for those looking to live by the beach.