31
Jul
2009
HiFX News@ 12:00 AM
Investors buying riskier assets following rumours of the beginning of an economic recovery, caused the dollar to drop in value today.
Reports suggest that improved corporate earnings and US unemployment figures have encouraged demand for stocks and higher-risk products, rather than the safer dollar.
Continue reading "Dollar dips on Friday as investors opt for risks"...
30
Jul
2009
HiFX News@ 12:00 AM
UK emigrants wishing to get more information on foreign exchange transactions can soon attend a government event.
The Department of Work and Pensions and the British Consulate have teamed up to host an information day regarding the finances of expats.
Continue reading "Brits to pick up foreign exchange tips"...
29
Jul
2009
HiFX News@ 12:00 AM
Brits who generate an income from overseas assets have been reminded that they may owe tax on their investments.
HM Revenue and Customs recently revealed that until March 12th 2010, it will impose a ten per cent fine on undeclared earnings held in offshore accounts, following this date a 30 per cent penalty will be levied on savings.
Continue reading "Britons issued offshore account tax reminder"...
29
Jul
2009
HiFX News@ 12:00 AM
Brits who generate an income from overseas assets have been reminded that they may owe tax on their investments.
HM Revenue and Customs recently revealed that until March 12th 2010, it will impose a ten per cent fine on undeclared earnings held in offshore accounts, following this date a 30 per cent penalty will be levied on savings.
Continue reading "Britons issued offshore account tax reminder"...
28
Jul
2009
HiFX News@ 12:00 AM
Despite seeing an increase in disposable income, Brits intend to cope with the economic slowdown by making fewer foreign exchange transactions to purchase luxury items, according to industry experts.
Recent research by HSBC reveals that expats living in the area are set to spend less as the global recession continues.
Continue reading "Disposable incomes rise in Singapore"...
27
Jul
2009
HiFX News@ 12:00 AM
Money transfers to fund mortgages on Spanish properties have increased, according to industry experts.
Investment website Rightmove.co.uk recently highlighted figures that reveal an increasing number of Brits are making international payments to purchase homes in the country.
Continue reading "Spain holds "attraction" for expats"...
27
Jul
2009
HiFX News@ 12:00 AM
Money transfers to fund mortgages on Spanish properties have increased, according to industry experts.
Investment website Rightmove.co.uk recently highlighted figures that reveal an increasing number of Brits are making international payments to purchase homes in the country.
Continue reading "Spain holds "attraction" for expats"...
24
Jul
2009
HiFX News@ 12:00 AM
The US is proving a popular destination for Brits making foreign exchange transactions, it has emerged.
Overseas resource thetravelmagazine.net recently revealed that the country is continuing to draw UK visitors and potential expats, despite the weakening of the pound during the last 12 months.
Continue reading "'US popular for foreign exchange transactions'"...
24
Jul
2009
HiFX News@ 12:00 AM
The US is proving a popular destination for Brits making foreign exchange transactions, it has emerged.
Overseas resource thetravelmagazine.net recently revealed that the country is continuing to draw UK visitors and potential expats, despite the weakening of the pound during the last 12 months.
Continue reading "'US popular for foreign exchange transactions'"...
23
Jul
2009
HiFX News@ 12:00 AM
Expats may see a greater return on their investments if they make international payments to commercial properties, according to industry experts.
Figures from Property consultant Knight Frank show that in the second quarter of this year, investments in some overseas commercial premises were picking up.
Continue reading "Commercial investments 'stabilise'"...
23
Jul
2009
HiFX News@ 12:00 AM
British investors making money transfers to fund mortgages for overseas holiday homes may benefit from tax relief, it has emerged.
Property rental website holidaylettings.co.uk recently explained that for several years owners of UK-based furnished rentals are eligible for discounts.
Continue reading "Tax relief available for overseas holiday homes"...
22
Jul
2009
HiFX News@ 12:00 AM
UK emigrants using credit cards to make international money transfers may be at a greater risk of theft due to their clothing, according to industry experts.
Consumer watchdog Which? recently warned that Brits who wear summery clothes could become the target of thieves.
Continue reading "Card fraudsters 'target' Brits"...
22
Jul
2009
HiFX News@ 12:00 AM
Researching the cost of living in overseas locations may help expats to budget when they make foreign exchange transactions, it has emerged.
Web comparison service Travelsupermarket.com recently advised Britons to investigate how much money they may need to exchange to fund their lifestyles abroad.
Continue reading "Cost of living is 'important'"...
21
Jul
2009
HiFX News@ 12:00 AM
UK emigrants have been issued tips on how to ensure their new lives abroad run smoothly.
Speaking to the Guardian, Mike Hardaker, founder of website Angloinfo.com, recently offered advice on relocating overseas.
For example, expats are encouraged to safeguard themselves against fluctuating foreign exchange rates by making international payments using more stable currencies, such as euros.
Continue reading "Expats issued money transfer tips"...
21
Jul
2009
HiFX News@ 12:00 AM
UK emigrants have been issued tips on how to ensure their new lives abroad run smoothly.
Speaking to the Guardian, Mike Hardaker, founder of website Angloinfo.com, recently offered advice on relocating overseas.
For example, expats are encouraged to safeguard themselves against fluctuating foreign exchange rates by making international payments using more stable currencies, such as euros.
Continue reading "Expats issued money transfer tips"...
21
Jul
2009
HiFX News@ 12:00 AM
Britons are increasingly likely to make foreign exchange transactions in Europe, it has emerged.
Comparison website travelsupermarket.com recently revealed that favourable exchange rates are encouraging more people to stay in the eurozone.
Continue reading "Brits benefitting from exchange rates "...
21
Jul
2009
HiFX News@ 12:00 AM
Britons are increasingly likely to make foreign exchange transactions in Europe, it has emerged.
Comparison website travelsupermarket.com recently revealed that favourable exchange rates are encouraging more people to stay in the eurozone.
Continue reading "Brits benefitting from exchange rates "...
20
Jul
2009
HiFX News@ 12:00 AM
Investors wishing to transfer money to overseas mortgages can now access a new resource, it has emerged.
International property portal VivaReal.net recently teamed up with the National Association of Hispanic Real Estate Professionals to set up the website.
The real estate resource claims that it is one of the most comprehensive on the internet as it advertises homes for sale throughout Latin America, which may interest those planning on making international payments to the area.
Continue reading "Property portal to promote investment opportunities"...
20
Jul
2009
HiFX News@ 12:00 AM
Over a million expats may make international payments to a new health insurance policy, according to the provider.
Bupa recently announced it has overhauled its medical insurance coverage targeted at UK emigrants, which it believes will appeal to 1.5 million Britons living overseas.
Continue reading "1.5m to make health insurance money transfers"...
17
Jul
2009
HiFX News@ 12:00 AM
Potential UK expats should not be put off by news reports on Mexico if they are considering making money transfers to the country, according to industry experts.
Mexico International Real Estate recently stepped forward to highlight the destination as an ideal home for Britons and other emigrants.
Continue reading "Mexico offers "luxury" lifestyle"...
17
Jul
2009
HiFX News@ 12:00 AM
Potential UK expats should not be put off by news reports on Mexico if they are considering making money transfers to the country, according to industry experts.
Mexico International Real Estate recently stepped forward to highlight the destination as an ideal home for Britons and other emigrants.
Continue reading "Mexico offers "luxury" lifestyle"...
17
Jul
2009
HiFX News@ 12:00 AM
Making foreign exchange transactions has proved difficult for some Britons due to their bank's anti-fraud policies, it has emerged.
Payment association Apacs recently warned that strict rules to combat illegal credit card use may mean some consumers' purchases are incorrectly blocked when they attempt to buy goods while abroad.
Continue reading "'Banks more likely to block foreign exchange transactions'"...
17
Jul
2009
HiFX News@ 12:00 AM
Making foreign exchange transactions has proved difficult for some Britons due to their bank's anti-fraud policies, it has emerged.
Payment association Apacs recently warned that strict rules to combat illegal credit card use may mean some consumers' purchases are incorrectly blocked when they attempt to buy goods while abroad.
Continue reading "'Banks more likely to block foreign exchange transactions'"...
16
Jul
2009
HiFX News@ 12:00 AM
Expats affected by the credit crunch may like to transfer their money to an affordable health insurance policy.
Medical cover provider IMG Europe recently explained that one of its newest products can help UK emigrants who may have seen their savings and pensions take a hit amid the recession.
Continue reading "New health insurance product for expats"...
16
Jul
2009
HiFX News@ 12:00 AM
Britons using foreign exchange services to buy overseas shares are urged to be cautious with their investments, it has emerged.
Finance expert Bloomberg recently noted that increasing shares prices in emerging markets may soon fall.
Continue reading "Emerging money markets 'at risk'"...
15
Jul
2009
HiFX News@ 12:00 AM
High income tax in the UK may increase the level of investment returns in Europe, according to industry experts.
Property portal TheMoveChannel.com recently explained that the 50 per cent tax rate in Britain is likely to push wealthy investors to transfer money and their businesses abroad.
Continue reading "'UK tax to increase overseas money transfers'"...
15
Jul
2009
HiFX News@ 12:00 AM
Employer schemes that offer workers money to take a year off may benefit Britons who are interested in making international money transfers, according to industry experts.
Writing in the Guardian, finance commentator Lisa Bachelor, recently spoke of the positive impact that working overseas can have on the careers of UK emigrants.
Continue reading "International employment may boost career paths"...
14
Jul
2009
HiFX News@ 12:00 AM
Property buyers may soon be using foreign exchange services to snap up affordable homes in Italy, it has emerged.
Estate Agent Casa Travella recently encouraged expats to consider taking out mortgages to purchase homes in the region.
Continue reading "Italy is "safe" for investors"...
14
Jul
2009
HiFX News@ 12:00 AM
Entrepreneurs who are considering transferring money to international investments can now benefit from a new resource.
The Overseas Security Information for Business (OSIB) was recently set up to assist UK investors setting up companies outside of their home country.
Continue reading "New resource may impact international payments"...
13
Jul
2009
HiFX News@ 12:00 AM
Using foreign currency services to exchange larger amounts of money may lead to cash savings, according to industry experts.
The Daily Mail's finance portal thisismoney.co.uk recently revealed that Britons may be able to get better foreign currency exchange deals if they buy in bulk.
Continue reading "'Buy foreign currency in bulk'"...
13
Jul
2009
HiFX News@ 12:00 AM
Using foreign currency services to exchange larger amounts of money may lead to cash savings, according to industry experts.
The Daily Mail's finance portal thisismoney.co.uk recently revealed that Britons may be able to get better foreign currency exchange deals if they buy in bulk.
Continue reading "'Buy foreign currency in bulk'"...
13
Jul
2009
HiFX News@ 12:00 AM
Brits looking to make international money transfers to overseas ventures may like to consider Poland as a location for their investments.
According to Agence France Presse the country is potentially better-able to deal with the effects of recessions due to sound fiscal policies.
Continue reading "Poland's industries 'are stabilising'"...
10
Jul
2009
HiFX News@ 12:00 AM
Britons are still seeking to transfer money to overseas investments amid the credit crisis, it has emerged.
Property portal Primelocation.co.uk recently revealed that international payments to secure assets in countries such as France remain at steady levels.
Continue reading "'France money transfers are stable'"...
10
Jul
2009
HiFX News@ 12:00 AM
Cyprus is an ideal location for retired UK emigrants due to its lower taxes, according to industry experts.
Financial Advisor Shelter Offshore recently explained that the island is ideal for investors planning to make international payments to fund their overseas businesses.
Continue reading "Cyprus "popular" with Brits"...
9
Jul
2009
HiFX News@ 12:00 AM
Funds directed to countries bordering the Mediterranean Sea may increase investment opportunities in the region.
Britons looking to make international payments to secure assets overseas are likely to benefit from proposals that earmark financing for the Mediterranean Union, eubusiness.com reports.
Continue reading "Mediterranean region set to receive EU money transfers"...
9
Jul
2009
HiFX News@ 12:00 AM
Britons who have relocated to some cities located in the United Arab Emirates earn significantly more than they spend, according to research.
A study by the department of economic development of Abu Dhabi recently revealed that due to favourable foreign exchange rates and high wages, expats are living well within their means.
The research showed that the average emigrant family brings in a monthly income of approximately 24,400AED (£4,091), the Khaleej Times reports.
Continue reading "'Brits in Abu Dhabi have disposable incomes'"...
9
Jul
2009
HiFX News@ 12:00 AM
Britons who have relocated to some cities located in the United Arab Emirates earn significantly more than they spend, according to research.
A study by the department of economic development of Abu Dhabi recently revealed that due to favourable foreign exchange rates and high wages, expats are living well within their means.
The research showed that the average emigrant family brings in a monthly income of approximately 24,400AED (£4,091), the Khaleej Times reports.
Continue reading "'Brits in Abu Dhabi have disposable incomes'"...
8
Jul
2009
HiFX News@ 12:00 AM
The number of Brits making foreign exchange transactions in New Zealand may continue at present levels, new reports indicate.
Recently the job security of UK emigrants who have settled in the country has been called into question following the release of government unemployment figures.
Continue reading "New Zealand calls for skilled migrants"...
8
Jul
2009
HiFX News@ 12:00 AM
The number of Brits making foreign exchange transactions in New Zealand may continue at present levels, new reports indicate.
Recently the job security of UK emigrants who have settled in the country has been called into question following the release of government unemployment figures.
Continue reading "New Zealand calls for skilled migrants"...
8
Jul
2009
HiFX News@ 12:00 AM
International money transfers to health policies may help expats cope with the costs of medical care, it has emerged.
Expat resource, the Weekly Telegraph recently raised its concerns that more people are likely to claim on their health insurance as the recession continues.
Continue reading "Health insurance money transfers may help expats"...
8
Jul
2009
HiFX News@ 12:00 AM
International money transfers to health policies may help expats cope with the costs of medical care, it has emerged.
Expat resource, the Weekly Telegraph recently raised its concerns that more people are likely to claim on their health insurance as the recession continues.
Continue reading "Health insurance money transfers may help expats"...
7
Jul
2009
HiFX News@ 12:00 AM
The credit crisis has had a significant impact on the cost of living in some major cities, according to industry experts.
Research by financial consultant Mercer has revealed that recent foreign exchange fluctuations are likely to have increased household bills for expats.
Continue reading "'Foreign currency fluctuations affect expats' lifestyles'"...
7
Jul
2009
HiFX News@ 12:00 AM
Investors looking to make international money transfers to overseas mortgages are advised to search for homes in capital cities, it has emerged.
Property advisor HomesOverseas.co.uk recently urged expats to consider large urban areas when buying investments.
Continue reading "Capitals pinpointed for money transfers"...
6
Jul
2009
HiFX News@ 12:00 AM
Hong Kong may offer expats who choose to make international money transfers to the area better career prospects, it has emerged.
Speaking to the Telegraph, former civil servant for the region Mark Knight recently stated his belief that UK emigrants can benefit from the job opportunities available in China.
Continue reading "'Hong Kong offers career opportunities'"...
6
Jul
2009
HiFX News@ 12:00 AM
France is seeking to stabilise foreign currencies by improving coordination among the exchange market.
If implemented, new policies may have an impact on the finances of UK emigrants who regularly rely on foreign exchange transactions to fund their lives overseas.
Continue reading "France demands better foreign exchange coordination"...
3
Jul
2009
HiFX News@ 12:00 AM
A new survey has suggested that people planning to make international money transfers to Europe could be getting themselves a good deal, as some of the top industry professionals are planning a similar move.
According to a poll carried out by Reuters, many property executives are pinpointing European states such as Portugal, as well as African countries as areas where they would consider making an international payment for a second home.
Continue reading "Property executives see where the future lies"...
3
Jul
2009
HiFX News@ 12:00 AM
The banking crisis appears to be easing and banks are set to lend more money to both businesses and individuals in the coming months, it has been claimed.
The latest figures from the Bank of England suggest that UK banks leant more money in the second quarter of this year and will continue to lend more as the months progress, which is good news for people looking to make an international money transfer.
Continue reading "More loans expected in future"...
2
Jul
2009
HiFX News@ 12:00 AM
A growing number of Britons are choosing to make an international payment to Australia, it has been claimed.
The Guardian states that many Britons are choosing to emigrate during the recession in an effort to find new employment and begin a new life, with Australia proving to be a top destination.
Continue reading "Emigration proving popular"...
2
Jul
2009
HiFX News@ 12:00 AM
A growing number of Britons are choosing to make an international payment to Australia, it has been claimed.
The Guardian states that many Britons are choosing to emigrate during the recession in an effort to find new employment and begin a new life, with Australia proving to be a top destination.
Continue reading "Emigration proving popular"...
2
Jul
2009
HiFX News@ 12:00 AM
A growing number of Britons are choosing to make an international payment to Australia, it has been claimed.
The Guardian states that many Britons are choosing to emigrate during the recession in an effort to find new employment and begin a new life, with Australia proving to be a top destination.
Continue reading "Emigration proving popular"...
2
Jul
2009
HiFX News@ 12:00 AM
More people could look to make an international payment to purchase a second home because the number of people renting out holiday homes is on the increase, it has been reported.
Statistics from Domegos.co.uk indicate a 157 per cent increase on holiday rental homes entering the UK market and the growth is likely being replicated overseas, as more holidaymakers look to stay in cheaper accommodation rather than hotels during the recession.
Continue reading "Second homes 'proving popular'"...
2
Jul
2009
HiFX News@ 12:00 AM
More people could look to make an international payment to purchase a second home because the number of people renting out holiday homes is on the increase, it has been reported.
Statistics from Domegos.co.uk indicate a 157 per cent increase on holiday rental homes entering the UK market and the growth is likely being replicated overseas, as more holidaymakers look to stay in cheaper accommodation rather than hotels during the recession.
Continue reading "Second homes 'proving popular'"...
2
Jul
2009
HiFX News@ 12:00 AM
More people could look to make an international payment to purchase a second home because the number of people renting out holiday homes is on the increase, it has been reported.
Statistics from Domegos.co.uk indicate a 157 per cent increase on holiday rental homes entering the UK market and the growth is likely being replicated overseas, as more holidaymakers look to stay in cheaper accommodation rather than hotels during the recession.
Continue reading "Second homes 'proving popular'"...
1
Jul
2009
HiFX News@ 12:00 AM
People planning to make an international money transfer to France could benefit from the arrival of the Olympic Games to London in 2012.
With the event just three years away, people could be tempted to purchase a property near the venue, as prices are expected to increase ahead of the Games.
Continue reading "London 2012 Olympics 'will be well connected'"...
1
Jul
2009
HiFX News@ 12:00 AM
The US dollar looks set to ride the current economic storm and retain its position as the world's reserve currency, following moves to calm speculation from China.
It had been suggested that the Chinese authorities were keen to make moves that would have seen the dollar lose its position as the world's reserve currency, after a tough year on the foreign exchange markets has seen its value fall.
Continue reading "Dollar resists Chinese threat to foreign exchange position"...