| Thursday, August 20th, 2015

overseas property reasons to buy

Guide to money transfer for buying property overseas

 

Whether you are buying, selling or investing in property abroad, foreign exchange transfers are key to maximise the value of the currency your are sending and ultimately saving you a great deal of money. FXcompared is pleased to recommend currency specialists who can source you the cheapest, quickest and most cost-effective solutions for international payments for buying overseas properties.

Through our website, FXcompared has helped thousands of people find the best deal and save money on buying and selling currency for international property purposes.

Benefits of using a money transfer provider

The foreign currency specialists listed are experts in transferring money to pay for an overseas property and offer:

  • Far better exchange rates than you would get from a bank
  • No fees or commission
  • Security against exchange rate fluctuation (talk to the providers below about fixing the rate)
  • Hedging your currency exposure
  • Fast international payments
  • A dedicated account manager tailored to your requirements

Compare now to find great deals

Planning for your purchase or sale

If you have sale or purchase of an overseas property planned, we strongly suggest you make early contact with a money transfer provider. If you register for an account, you will be able to receive advice on future exchange rates and how you can plan to de-risk the currency trade involved. There are a variety of what are known as forward or hedging products to be able to lock-in a future exchange rate and be sure to discuss these with your provider.

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Maintaining your overseas property

Whether you have an holiday home in a foreign country or you are an expat with a property back home, it is likely you will have monthly expenses to cater for such as mortgage payments, rent or maintenance fees. If you setup a recurring payment plan with a money transfer company, you can make this process much easier to manage and save costly monthly bank fees.

OUR MOST POPULAR MONEY TRANSFER GUIDES

Our guides cover the details of the money transfers and the providers that help when buying property in your destination country.

Transfer Money from Australia to Canada

Transfer Money from Australia to the UK

Transfer Money from Australia to the USA

Transfer Money from Canada to Australia

Transfer Money from Canada to the UK

Transfer Money from Canada to the USA

Transfer Money from the UK to Australia

Transfer Money from the UK to Canada

Transfer Money from the UK to the USA

Transfer Money from the USA to Australia

Transfer Money from the USA to Canada

Transfer Money from the USA to the UK

 

Money Transfer Comparison

Use our Currency Tools

Currency Volatility Tool - assess the impact of currency risk

Currency Analysis Tool - conduct an audit of historical transactions

How to Transfer Money from Australia to UK

How to Transfer Money from Australia to USA

How to Transfer Money from the USA to the UK

How to Transfer Money from the USA to Canada

How to Transfer Money from the UK to the USA

How to Transfer Money from the UK to Australia

How to Transfer Money from Canada to the UK

How to Transfer Money from UK to Spain

The website and the information it provides on this site is for informational purposes only, and does not constitute an offer or solicitation to sell shares or securities. None of the information presented is intended to form the basis for any investment decision, and no specific recommendations are intended. Accordingly, this website and its contents do not constitute investment advice or counsel or solicitation for investment in any security. This website and its contents should not form the basis of, or be relied on in any connection with, any contract or commitment whatsoever. FX Compared Ltd expressly disclaims any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from: reliance on any information contained in the website, (ii) any error, omission or inaccuracy in any such information or (iii) any action resulting therefrom.