Make sure all the details are covered when buying abroad

Make sure all the details are covered when buying abroad

Mar 25
Make sure all the details are covered when buying abroad

If you’ve been planning your dream move abroad and have painstakingly researched the area where you want to live, bagged your dream job, chosen a school for the kids and got a great deal on your new home, now’s not the time to take your eye off the ball.  In addition to planning the move of your goods and your family, you’ll need to shift your assets abroad too and pay for those you are taking up overseas. To do this you will need to complete transactions with large sums in foreign currency. In these circumstances many individuals use their bank for these dealings without a second thought. However, with a little time and research they could save up to five per cent on the rates offered by banks by using the services of a specialist like TorFX.

It can be easy to think that to get a transaction out of the way with the minimum of fuss using your usual bank would be the easiest route, but many exchange brokers offer easy online and telephone services.  Small percentages make a huge difference when you are dealing with large numbers too. If you decide to buy an overseas property at a cost of £200,000 or more, five per cent could mean a saving of up to £10,000 – enough money to refurbish your new home.

Leave a Reply

Your email address will not be published. Required fields are marked *


*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>