Property Showrooms Telephone No
A strong Pound makes this an Ideal time to invest...
SubscribeSubscribe to the Property Bulletin
   
 
Secure Exit Strategy


A strong Pound makes this an Ideal time to invest...

Article Date : 17 January 2007       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

British citizens emigrating abroad could collectively be losing hundreds of millions per year through poor exchange rates and over inflated bank charges. The British Pound is currently very strong against the Euro at €1.51 to £1.00 on 15th January, making now THE ideal time to invest abroad….

Watch Those Exchange Rates!

Please don’t forget that exchange rate volatility plays a key role in your Sterling transfer when purchasing large amounts of currency for your property investment abroad. It is not uncommon for currencies to fluctuate by as much as 10% over relatively short periods of time so it is important to monitor exchange rates and secure your rate in advance to protect yourself from losing vast sums of money on the day of your transaction.

However, many overseas property buyers overlook the importance of securing a good rate of exchange, while using reliable foreign exchange dealers such as MoneyCorp will literally save them thousands on the day of their transaction, from the transfer of an initial reservation fee, right up to the final payment on your property. For example, today, 15th January 2007, Sterling was strong against the Euro at €1.51 to the pound, while less than two weeks ago it stood at a mere €1.42 to the pound. By arranging their funds today, wise investors have secured this favourable rate of exchange, which can even be fixed for a period of up to two years, allowing them time for the payment of off-plan investments if necessary.

An average UK family moving abroad with assets of £250,000 could loose up to £10,000 of their funds simply by transferring their money abroad on the wrong day because they didn’t pay careful attention to their rate of exchange. Without a doubt, this represents a huge loss which could be avoided simply by being aware of professional money exchange brokers, such as MoneyCorp, who will secure you the best rates.

For more information on how you could potentially save yourself vast sums in your money transfer through MoneyCorp, please click here.

Like this? Then share with your friends and colleagues!



Listing Separator

Related Articles

  1. Tourism 'helping Cape Verde property industry expand'
  2. SIPP Investors Boosting Sales of Resort Property and Hotel Rooms
  3. Cape Verde 'improves property registration process'
  4. Two types of investor targeting Cape Verde
  5. Sal 'a popular Cape Verde investment location'



Let us search for you Let Us find Property in Cape Verde for You

Fill out a requirements form and our experts will help you find a great selection of Properties for sale in Cape Verde.


Subscribe to This Feed

RSS News
Subscribe to this RSS Feed
Country: Cape Verde
Channel: All

More RSS FeedsGo

View News by ChannelProperty News in Capeverde

Media/Press SectionProperty News Search


   

News ArchivesNews Archives

View worldwide property news from as far back as 2005 in our News Archives Section.

View News ArchivesGo




Total execution time: 7.617188E-02   (DBA Count: 8)

uri: /news/