Thinking of moving home? And country?!

Recession has toppled the property market as we know it – not just in the United Kingdom but also in many areas around the world. However, for the brave and innovative investors amongst us, there is still potential to identify property hotspots around the world for 2009. This might be especially relevant if you are thinking of moving home or moving countries anytime soon.

A real and current hot spot is Panama. With its strong economy and encouraging tax regime, businesses are attracted by its offshore banking facilities. This makes it attractive for property investors, who can choose between offices, beachside resorts, and hotel occupancy deals.

A close contender is Kuala Lumpur in Malaysia. It is a booming city, with property that is still affordable, and can be reached fairly easily by budget airlines (always a key factor in property prices for United Kingdom investors). Job opportunities are also opening up here as it moves towards becoming the new Bangkok.

With Latin and Central America surging ahead in the property investment stakes, Brazil is up next. It is a vast country, so it is best to narrow it down to somewhere like the north-eastern city area of Natal, with its fresh environment and unscathed space, as well as a warm year-round climate and great coastal culture. People will always travel for sun and beaches!

In fourth place it is the mountain region of Slovakia with winter sports in winter, and golfing, walking and other nature-related activities in the summer. It’s beautiful, unspoilt, relatively inexpensive and not far away. The new Bulgaria perhaps!

Coming next is the United States. This is perhaps surprising given the economic climate, but for those not actually living there or less affected by recession, it is tipped as a goer because property prices could be about to totally bottom out. In some areas properties are going for up to 60 per cent less than originally priced and still offer an opportunity to make a quick return.

Last in this list is the United Kingdom. Again, here, property prices might soon bottom out, and for resident owners that is not great. However, for overseas investors the weak pound will make property look attractive. To these investors, property in the United Kingdom is currently over 50% per cent cheaper than 12 months ago.

But wherever you go you will need to consider hiring a removals company to be in charge of a part of your moving home process. You may also need to look at the regulation if you go to another country as you may not need conveyancing solicitors and as a result will not have to pay conveyancing fees .