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Archived posts for September 2009

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'Low house prices may stimulate money transfers'

30

Sep

2009

Tags:
 HiFX News@ 12:00 AM

Falling property prices in the US may boost the number of expats making money transfers to the country, according to industry experts.

Real estate portal Homesgofast.com recently made the claim in light of Federal Housing Finance Agency (FHFA) research.

Continue reading "'Low house prices may stimulate money transfers'"...

'Investors benefit from foreign exchange market'

30

Sep

2009

 HiFX News@ 12:00 AM

British investors may like to take advantage of foreign exchange trading conditions by purchasing assets in countries outside of the eurozone.

Victoria Elliston from London recently told the Telegraph how a traditional property in Marrakech is providing an income for her family.

Continue reading "'Investors benefit from foreign exchange market'"...

'Online companies analyse foreign exchange trading figures'

29

Sep

2009

 HiFX News@ 12:00 AM

Investors may benefit more from foreign exchange trading figures if they use online companies to convert their cash, according to industry experts.

Writing in the Telegraph, finance commentator Nick Collins recently highlighted the advantages of making money transfers over the internet rather than in high street banks.

Continue reading "'Online companies analyse foreign exchange trading figures'"...

Health policies accept expats' money transfers

29

Sep

2009

Tags:
 HiFX News@ 12:00 AM

Expats looking for health insurance in Russia can now make international payments to a new product.

A partnership between Insurer Ingosstrakh and Bupa International sees Britons living abroad being able to access medical care if necessary.

Continue reading "Health policies accept expats' money transfers"...

EC praises international payments scheme

28

Sep

2009

Tags:
 HiFX News@ 12:00 AM

Money transfers to Europe may be better protected from the effects of the recession thanks to a new partnership, it has emerged.

The European Commission (EC) recently stepped forward to praise the Vienna Initiative, which sees various continental banks and institutions making international payments to countries such as Latvia, Romania and Hungary.

Continue reading "EC praises international payments scheme"...

Foreign exchange research advised

28

Sep

2009

 HiFX News@ 12:00 AM

Brits have been advised to research the value of foreign currency well ahead of going abroad.

Money exchange expert Stephen Heath recently voiced his concerns that some UK travellers are confused in regard to the value of the pound in exotic destinations.

Continue reading "Foreign exchange research advised"...

Dollar slides in foreign exchange trading following G20 draft

25

Sep

2009

 HiFX News@ 12:00 AM

The US dollar slipped against a range of currencies in foreign exchange trading on Friday (September 25th) following the release of a draft communique from the G20 leaders stating measures to stimulate the global economy will remain in place, reports suggest.

However, the dollar was not the only currency to drop in foreign exchange trading, as sterling dropped to new lows against the dollar and the euro, news agency Reuters reports.

Continue reading "Dollar slides in foreign exchange trading following G20 draft"...

Dollar slides in foreign exchange trading following G20 draft

25

Sep

2009

 HiFX News@ 12:00 AM

The US dollar slipped against a range of currencies in foreign exchange trading on Friday (September 25th) following the release of a draft communique from the G20 leaders stating measures to stimulate the global economy will remain in place, reports suggest.

However, the dollar was not the only currency to drop in foreign exchange trading, as sterling dropped to new lows against the dollar and the euro, news agency Reuters reports.

Continue reading "Dollar slides in foreign exchange trading following G20 draft"...

Dollar bounces, falls in foreign exchange trading

24

Sep

2009

 HiFX News@ 12:00 AM

The US dollar hit back against the euro in foreign exchange trading today, but then once again fell in value as other currencies saw gains.

Belief among traders that the Federal Reserve will keep interest rates low for a long time kept investors away from the greenback.

Continue reading "Dollar bounces, falls in foreign exchange trading"...

Dollar slips on foreign exchange markets

23

Sep

2009

 HiFX News@ 12:00 AM

The US dollar slipped in value in foreign exchange trading today (September 23rd) as traders awaited the outcome of the latest Federal Reserve meeting.

Traders also remained cautious ahead of the Pittsburgh summit of G20 leaders.

Continue reading "Dollar slips on foreign exchange markets"...

Pound gains in foreign exchange trading on BOE minutes

23

Sep

2009

 HiFX News@ 12:00 AM

The pound gained in trading on the foreign exchange markets today (September 23rd) following the release of minutes from this month's Bank of England Monetary Policy Committee meeting.

Minutes indicating that the committee members were unanimous in their decision to not make any further changes to the programme of quantitative easing helped push the pound up, although government bonds fell, the Bloomberg news agency reports.

Continue reading "Pound gains in foreign exchange trading on BOE minutes"...

Dollar slides in foreign exchange trading

22

Sep

2009

 HiFX News@ 12:00 AM

The value of the dollar dropped in foreign exchange trading today, reaching year lows against the euro.

As investors opt to move away from the safety of the greenback to higher yielding assets, the value of the dollar suffers.

Continue reading "Dollar slides in foreign exchange trading"...

Money transfer for Cape Verde property 'still appeals'

21

Sep

2009

 HiFX News@ 12:00 AM

International money transfer to facilitate property purchases in Cape Verde may still be taking place, as one commentator has argued the region is recovering ahead of its competitors.

Sales director at Emerging Real Estate Robert Medd said that now is a suitable time for foreign investors to buy property in Cape Verde.

Continue reading "Money transfer for Cape Verde property 'still appeals'"...

Dollar up in foreign exchange trading

21

Sep

2009

 HiFX News@ 12:00 AM

The US dollar has risen in value in foreign exchange trading today (Monday September 21st), on the back of a new report showing continued growth in the country’s economy.

Trading of the dollar rose against the yen and against the dollar index, which tracks the currency against six of the country’s major trading partners.

Continue reading "Dollar up in foreign exchange trading"...

Brits 'should think carefully about buying abroad'

18

Sep

2009

 HiFX News@ 12:00 AM

Britons considering an international money transfer to facilitate buying property abroad should think very carefully of their motivations for doing so in the current economic climate, it has been claimed.

Director of TheMoveChannel.com Dan Johnson said that while individuals looking to begin an expat life in another country are likely to be motivated by what is on offer, those who are buying purely as an investment should take real care.

Continue reading "Brits 'should think carefully about buying abroad'"...

Spanish property investors 'must take care'

17

Sep

2009

 HiFX News@ 12:00 AM

Those who choose to invest in Spanish property should be "very careful" when making a purchase, one expert has warned.

Following data from property firm Assetz which revealed a 150 per cent increase in enquiries about the Spanish property market in the last three months, head of Spanishpropertyinsight.com Mark Stucklin advised potential buyers to be wary, suggesting they should be absolutely sure they know what they are doing before committing to a purchase.

Continue reading "Spanish property investors 'must take care'"...

Dollar 'remains subdued'

17

Sep

2009

 HiFX News@ 12:00 AM

The dollar remained subdued on foreign exchange markets yesterday as investors continued to move away from the greenback in favour of riskier assets.

Continued evidence that a global economic recovery is beginning to develop helped to buoy confidence among investors.

Continue reading "Dollar 'remains subdued'"...

Dollar slips to 2009 lows

16

Sep

2009

 HiFX News@ 12:00 AM

The dollar slipped to new lows for the year as investors opted for international money transfers to other currencies.

As the dollar continued to drop, the euro hovered near highs for the year.

Continue reading "Dollar slips to 2009 lows"...

Investors 'opting for traditional overseas destinations'

16

Sep

2009

 HiFX News@ 12:00 AM

Investors are increasingly turning away from up and coming property markets in favour of more traditional destinations such as France and Spain, new research shows.

A new study from overseas mortgage company Conti reveals that there has been a percentage increase in the number of enquiries regarding property in France and Spain, while destinations such as Bulgaria have fallen back in the popularity stakes.

Continue reading "Investors 'opting for traditional overseas destinations'"...

International property market 'sees renewed confidence'

15

Sep

2009

 HiFX News@ 12:00 AM

There is continuing growth in confidence in the international property market, it has been claimed.

The latest Global House Price Index from Knight Frank revealed that a number of international property markets recorded price increases during the second quarter of the year.

Continue reading "International property market 'sees renewed confidence'"...

UK recovery sustainability 'remains uncertain'

15

Sep

2009

 HiFX News@ 12:00 AM

Uncertainty remains in regard to the UK economy, the governor of the Bank of England said.

Speaking to parliament's Treasury committee, Mervyn King said: "The strength and sustainability of the recovery is highly uncertain."

Following his comments, the pound pared gains against the dollar, the Bloomberg news agency reports.

Continue reading "UK recovery sustainability 'remains uncertain'"...

Dollar drops to 2009 low

14

Sep

2009

 HiFX News@ 12:00 AM

The dollar has fallen to is lowest level against the euro in trading today, on the back of low borrowing in the US.

As a result, investors opted to sell the currency in favour of assets with higher returns, Bloomberg reports.

According to the news agency, earlier gains following concerns over a US-China tariff dispute were wiped out as trading continued.

Continue reading "Dollar drops to 2009 low"...

UK economy 'not yet in the clear'

14

Sep

2009

 HiFX News@ 12:00 AM

A drop in the value of sterling against a range of key currencies over the course of last month gives a clear indication that the country's economy is not yet in the clear.

New figures from international money transfer specialists HiFX indicates that while rallies in the value of sterling were supported throughout June and July, the currency has not performed so well since.

Continue reading "UK economy 'not yet in the clear'"...

'Recession pushes Brits to Florida'

11

Sep

2009

 HiFX News@ 12:00 AM

Overseas visitors could soon be exchanging money in greater numbers in Florida, according to a travel expert.

The Orlando Tourism Bureau recently stepped forward to highlight the state as an attractive destination for Britons, who may need to buy foreign currency to visit the region.

Continue reading "'Recession pushes Brits to Florida'"...

Experts highlight need for retirement money transfers

11

Sep

2009

 HiFX News@ 12:00 AM

Brits planning on retiring abroad may need to start making money transfers to savings schemes well ahead of moving overseas, industry experts suggest.

A poll by financial analyst Morningstar recently revealed that over 80 per cent of people are not putting funds for their retirements, ifaonline.co.uk reports.

Continue reading "Experts highlight need for retirement money transfers"...

Anti-malware advised for online money transfers

10

Sep

2009

Tags:
 HiFX News@ 12:00 AM

Investors who make online money transfers may benefit from downloading anti-virus software, it has emerged.

Internet security specialist Prevx recently encouraged Brits to use anti-malware programmes to reduce the likelihood of hackers accessing their accounts.

Continue reading "Anti-malware advised for online money transfers"...

Living abroad improves "soft skill set"

10

Sep

2009

 HiFX News@ 12:00 AM

Many older Brits may be seeking foreign exchanges services in order to go abroad, according to industry experts.

A study by the Halifax recently revealed that nearly half of all 55 to 64-year olds in the UK state they would like to live overseas at some point.

Continue reading "Living abroad improves "soft skill set""...

"Value" of expat health insurance highlighted

9

Sep

2009

 HiFX News@ 12:00 AM

Britons who plan to make international payments to health insurance policies have been encouraged to shop around by experts.

Financial advisor Shelter Offshore recently urged UK emigrants to thoroughly investigate their options when looking for health cover.

Continue reading ""Value" of expat health insurance highlighted"...

"Value" of expat health insurance highlighted

9

Sep

2009

 HiFX News@ 12:00 AM

Britons who plan to make international payments to health insurance policies have been encouraged to shop around by experts.

Financial advisor Shelter Offshore recently urged UK emigrants to thoroughly investigate their options when looking for health cover.

Continue reading ""Value" of expat health insurance highlighted"...

Cape Verde to increase travel links

9

Sep

2009

 HiFX News@ 12:00 AM

Cape Verde may soon prove more attractive to UK emigrants due to a development scheme.

The republic is set to spend €300 million (£264 million) on constructing travel hubs on several of its islands, which could boost investment in the area due to stronger transport links with other countries.

Continue reading "Cape Verde to increase travel links"...

'British investors flock to Spain'

8

Sep

2009

 HiFX News@ 12:00 AM

Spain is drawing investors looking to transfer money to overseas mortgages due to the country's slow property market, according to industry experts.

Estate agent Mercers recently revealed that enquiries from UK emigrants regarding houses for sale have increased in the past year, the Sunday Times reports.

Continue reading "'British investors flock to Spain'"...

Currency rates impact on potential investments

8

Sep

2009

 HiFX News@ 12:00 AM

A favourable exchange rate and recovering US economy may benefit expats, according to industry experts.

Property portal HomesOverseas.co.uk made the claims following the release of figures from the National Association of Realtors.

Research shows that the number of people attempting to purchase new homes recently in the US increased to its highest level in two years.

Continue reading "Currency rates impact on potential investments"...

'Living overseas benefits youngsters'

7

Sep

2009

 HiFX News@ 12:00 AM

Moving abroad has a positive impact on expats' youngsters, according to new research.

A survey by NatWest International Personal Banking (IPB) recently revealed that the majority of UK emigrants, who may have made money transfers to fund their lives overseas, state that leaving Britain has enriched their offsprings' childhoods.

Continue reading "'Living overseas benefits youngsters'"...

Brits to receive free pension payment tips

7

Sep

2009

 HiFX News@ 12:00 AM

Potential UK emigrants may soon receive advice regarding money transfers to pension schemes.

Investment provider Scottish Widows recently revealed it is teaming up with the Institute of Financial Planning to offer retirement savings advice to Brits.

Continue reading "Brits to receive free pension payment tips"...

'Ecuador named as money transfer hotspot'

4

Sep

2009

 HiFX News@ 12:00 AM

South America is an ideal destination for retirees wishing to move abroad, according to a leading magazine.

International Living recently named Ecuador as the best country for potential expats who are considering making international payments to overseas mortgages.

Continue reading "'Ecuador named as money transfer hotspot'"...

'Majority fear UK brain drain'

4

Sep

2009

Tags:
 HiFX News@ 12:00 AM

Europe is proving increasingly attractive to investors wishing to transfer money to overseas assets, according to industry experts.

Financial advisor Forum Wealth has stated that countries on the continent are drawing UK emigrants due to lower taxation rates.

Continue reading "'Majority fear UK brain drain'"...

Tax fraud clampdown sparks San Marino census

3

Sep

2009

Tags:
 HiFX News@ 12:00 AM

UK emigrants living in San Marino may soon need to get their paperwork in order due to a nationwide census.

The republic is set to conduct a survey of its 31,000 residents in order to reduce the number of tax evaders.

Brits who have made money transfers to finance their new starts in the region may come under the scrutiny of the census.

Continue reading "Tax fraud clampdown sparks San Marino census"...

'Research advised for overseas travel'

3

Sep

2009

 HiFX News@ 12:00 AM

Britons who may exchange money to fund their overseas trips have been advised to spend time researching the culture of their destinations.

Guide book publisher Lonely Planet recently urged travellers to investigate the local customs practiced at their chosen location so they do not unintentionally break laws.

Continue reading "'Research advised for overseas travel'"...

'More clarity for Liechtenstein money transfers'

2

Sep

2009

Tags:
 HiFX News@ 12:00 AM

Information on some money transfers made to Liechtenstein banks is to be shared with Luxemburg, it has emerged.

The principality recently agreed to pass on information on customers' international payments in a bid to clamp down on tax fraud.

Continue reading "'More clarity for Liechtenstein money transfers'"...

Expats prepare for pension payments' ruling

2

Sep

2009

Tags:
 HiFX News@ 12:00 AM

Expats who have made money transfers to UK state pensions are to hear today whether their attempts to have payments increased in line with inflation have been successful.

A group of UK emigrants are attending the European Court of Human Rights to find out the results of a hearing.

Continue reading "Expats prepare for pension payments' ruling"...

Europe's economy may turn "positive"

1

Sep

2009

Tags:
 HiFX News@ 12:00 AM

Expats who make international payments to their overseas assets may benefit from slowing deflation rates in the eurozone, new figures indicate.

Research by analyst Eurostat recently revealed that August saw a 0.2 per cent fall in consumer prices throughout Europe, which has lead experts to suggest the recession may be bottoming out.

Continue reading "Europe's economy may turn "positive""...

"Foreign exchange specialist" advised for overseas investors

1

Sep

2009

 HiFX News@ 12:00 AM

Brits who are considering buying property abroad have been advised to consult with foreign exchange specialists before they make any purchases.

The Association of International Property Professionals (AIPP) recently stepped forward to highlight the risks associated with acquiring overseas assets.

Continue reading ""Foreign exchange specialist" advised for overseas investors"...


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