New Shores International Real Estate have partnered with Interchange currency exchange.

When contacting Interchange please quote Agent Reference number NESH-250-KF

or New Shores International

Foreign property payments

An overseas Investment property purchase usually requires significant amounts of money to be changed into foreign currencies for deposits, stage payments and completions. While the developers often assist our clients in opening foreign bank accounts etc, we have teamed up with Interchange so they can provide you with unrivalled quality of service and knowledge involved with complex foreign currency exchange.

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Interchange provide an easy solution by offering you the best exchange rates available as well as transferring your funds to the account of your choice. Spot contracts are ideal for deposit payments as agents and developers usually require funds quickly to secure the purchase of the property. With a quick and simple transaction through Foreign Currency Exchange, you can save valuable time and money.

Purchasing an existing property or a new build with completion or stage payments only due months later exposes you to the risk that your property will end up costing you far more that you originally anticipated due to adverse exchange rate movements. By using a forward contract you can secure a rate now for up to 24 months, thus fixing your property price and protecting you from unbudgeted foreign exchange costs.

Interchange team of Brokers are dedicated to understanding your unique currency requirements and providing you with guidance in selecting the currency tools that will best suit your needs. Contact them today.

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