Smart Currency Exchange helps people buy property and other assets overseas. Our aim is to remove the risks of buying overseas, including currency movements that can wreck your budget and pose a risk to your purchase.
For buyers overseas, the exchange rate is an unstable factor over which you have no control. A change in the pound/euro rate by as little as 1%, which often happens over the course of a single day, will change the price of a €150,000 acquisition by well over £1,000.
In the time between putting down a deposit on a holiday home overseas and paying the balance, the pound/euro exchange can change by 5, 10, even 20%, making the price in pounds perhaps tens of thousands more expensive. The good news is that you don’t have to take that chance.
Speak to Smart Currency Exchange as soon as possible in your property search or move abroad. Registering for an account is free and extremely simple, taking just a few minutes over the telephone. Then we can discuss the currency strategy that will work best for you.
Many of our clients opt for a “forward contract”. This sets today’s exchange rate for up to a year, on payment of a small deposit. You can then wait for the property buying process to continue safe in the knowledge that you won’t have to find thousands extra.
Once you are owning a home or living abroad, the need for certainty over your currency transfers continues. With fluctuating rates, how can you know what your UK-based pension, investments or income will be worth abroad? Our Regular Payments Plan, fixed with a forward currency, will take all the stress and risk out of your overseas property ownership and lifestyle.
To open a free, no-obligation account with Smart Currency Exchange, click on the image below: