Archived posts for December 2011

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Tips on where to invest in foreign property in 2012

30

Dec

2011

 HiFX News@ 12:00 AM

Property moguls planning to invest in homes abroad in 2012 may want to take note of advice from experts from the housing sector before making a money transfer.

Partner at Emerging Real Estate Tim Morgan claimed Brazil is a great destination for an investment, with the expected increase in tourism to the nation bound to boost property prices.

He claimed purchasing an abode in the country could be "a shrewd move" as Brazil is "in a relatively strong economic shape".

Other positive factors highlighted by Mr Morgan included the quality of living, "relatively" cheap lifestyle, and the fact investors own 100 per cent of their land and property.

Alternatively, director at Property-Abroad.com Les Calvert commented that now is a great time to buy in the US as currency exchange rates are unlikely to improve significantly in the short-term.

"With the way that the dollar and the pound are at the moment, it is as good a time as any to start looking at buying over there. I don't anticipate the dollar to drop much further against the pound," the specialist remarked.

Another country that may seem like a wise place to invest is Germany, as it was noted abodes in the nation's western cities are set to rise by three or four per cent annually.

This is according to founder of ProVenture Property Matthew Littlecott, who claimed strong rental demand remains in Stuttgart, Munich, Frankfurt and Hamburg.

Turkey was highlighted by Mr Morgan as another good spot for investment, with rising house and rental values continuing.

Meanwhile, founder of ThePanamaReport.com Matt Landau claimed Panama "offers a robust tenant pool" for those looking to lease a property.

He added that many "foreign retirees and businessmen" choose the rent-first, buy-later approach to test compatibility.

Posted by Chris Barber
Click here to make an International Money Transfer to Brazil.ADNFCR-1995-ID-801252472-ADNFCR

Continue reading "Tips on where to invest in foreign property in 2012"...

Euro falls to 10-year low against Japanese yen

29

Dec

2011

 HiFX News@ 12:00 AM

Foreign exchange rates for the euro have plummeted today (December 29th), with the currency trading at a ten-year low against the Japanese yen.

Concerns about the eurozone crisis are said to be behind the fall, with the euro reaching just 100.35 against the yen, which is its lowest level since July 2001.

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Puerto Rico 'a fantastic winter escape'

28

Dec

2011

 HiFX News@ 12:00 AM

Property moguls looking to make a money transfer and invest in a home overseas may want to consider Puerto Rico, as it has been described as a great winter destination.

Nicole Rodriguez, chief marketing officer at the Puerto Rico Tourism Company, explained how the location has plenty to offer people keen to enjoy some sun in the colder months of the year.

Continue reading "Puerto Rico 'a fantastic winter escape'"...

Italian property 'smaller than in the UK'

23

Dec

2011

 HiFX News@ 12:00 AM

Brits planning to send money abroad ahead of a move to Italy have been advised there are several differences between the country's property market and that of the UK.

Senior move manager at Crown Relocations Kimberley Millhouse explained how housing in the nation's cities is "rather small".

Continue reading "Italian property 'smaller than in the UK'"...

Overseas accounts 'should be researched when relocating'

22

Dec

2011

 HiFX News@ 12:00 AM

Thorough research into international money transfers need to be carried out by individuals planning to relocate overseas, so they have a plan for how to access their finances.

This is according to senior move manager at Crown Relocations Kimberley Millhouse, who provided tips on what to consider when moving abroad.

Continue reading "Overseas accounts 'should be researched when relocating'"...

German property market 'remains strong'

21

Dec

2011

 HiFX News@ 12:00 AM

Investors who made money transfers to Germany and purchased property in the country ahead of the credit crisis may be fairing better than those who opted for homes in other areas of Europe.

According to the founder of ProVenture Property Matthew Littlecott, prices in Germany have remained strong throughout the recession.

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OFT secures clarity on currency exchange

20

Dec

2011

 HiFX News@ 12:00 AM

The Office of Fair Trading (OFT) has announced plans to improve the information on currency exchange in the UK and using debit and credit cards abroad.

A super-complaint from Consumer Focus led to the body securing an agreement from banks and travel money providers to make things significantly clearer.

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Turkey 'provides great property investment opportunities'

19

Dec

2011

 HiFX News@ 12:00 AM

Savvy investors are making international money transfers to Turkey and taking advantage of the profitable buy-to-let market.

This is according to partner at Emerging Real Estate Tim Morgan, who explained how the country is proving extremely popular with housing moguls.

Continue reading "Turkey 'provides great property investment opportunities'"...

Survey reveals UK investors deterred by eurozone crisis

16

Dec

2011

 HiFX News@ 12:00 AM

UK retail investors are wary of making money transfers until the eurozone crisis is resolved, according to new research.

A study conducted by the Investment Management Association (IMA) revealed individuals believe the debt problem is the main factor likely to impact on their investment returns in the next year.

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South African conveyancing process 'very different to UK'

15

Dec

2011

 HiFX News@ 12:00 AM

Before planning to transfer money to South Africa and purchase a property, individuals have been given advice on important things to consider.

Co-founder of property search and relocation specialist company Spacesa.com Sue McDermott warned people the conveyancing process in the country is very different to that in the UK.

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Career breaks 'could help people reassess priorities'

14

Dec

2011

 HiFX News@ 12:00 AM

Individuals with the opportunity to take a career break may want to take one expert's advice and make a money transfer before heading overseas.

Founder of thecareerbreaksite.com Rachel Morgan-Trimmer commented how now is the ideal time to spend some time abroad as the uncertain job market can make people anxious.

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Euro summit 'has helped ease financial market anxiety'

13

Dec

2011

 HiFX News@ 12:00 AM

Money transfer markets may have eased in recent days following the framework agreement established among members of the eurozone.

This is according to chief equity strategist for fundamental equities at BlackRock Bob Doll, who commented on the outcome of the Euro summit deal.

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Property moguls reminded about notaire fees when investing in France

12

Dec

2011

 HiFX News@ 12:00 AM

Before making an international money transfer and purchasing a second-home in France, individuals may want to consider one expert's advice.

Niclas Dowlatshahi, managing director at Leapfrog-properties.com, explained how there are a number of legal aspects people should think about first.

Continue reading "Property moguls reminded about notaire fees when investing in France"...

Eurozone breakup inevitable, IoD claims

9

Dec

2011

 HiFX News@ 12:00 AM

The future of foreign exchange markets could be set to change as it has been argued the breakup of the eurozone is inevitable.

According to the Institute of Directors (IoD), there is a "fundamental structural failure at the heart of the euro project" and unless this is addressed the currency will not survive.

Continue reading "Eurozone breakup inevitable, IoD claims"...

Hout Bay 'best place to buy property in South Africa'

8

Dec

2011

 HiFX News@ 12:00 AM

Investors looking to make a money transfer to South Africa and purchase a property have been advised on the popular places to buy.

Co-founder of Spacesa.com Sue McDermott explained how there are a number of locations that appeal to overseas clients.

Continue reading "Hout Bay 'best place to buy property in South Africa' "...

European equities fall out of favour, research finds

7

Dec

2011

 HiFX News@ 12:00 AM

Euro money transfers may have reduced in recent months as new research has revealed more than half of all investment professionals are wary of European equities.

The Barings Investment Barometer survey found 58 per cent of respondents now hold this view, compared with 32 per cent in the last report.

Continue reading "European equities fall out of favour, research finds"...

Brits 'should rent for 12 months before buying in Spain'

6

Dec

2011

 HiFX News@ 12:00 AM

Before making an international money transfer and purchasing a property in Spain, one expert has recommended renting for 12 months.

Founder of Almerimarlife.com Chris Marshall explained how it is wise to spend time seeing what it would be like to live in the country.

Continue reading "Brits 'should rent for 12 months before buying in Spain'"...

S&P predicts recession in 2012

5

Dec

2011

 HiFX News@ 12:00 AM

Companies that frequently transfer money online may be concerned to hear Europe is predicted to return to a period of recession.

This is according to a new report from Standard and Poor's (S&P's), which claims high-frequency indicators from the past month suggest the financial landscape will get worse before it gets better.

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Euro fluctuations 'negatively affecting European housing market'

2

Dec

2011

 HiFX News@ 12:00 AM

The recent fluctuations in the euro have had a significant impact on the property market, with individuals notably cautious about making money exchanges.

This is according to editor at A Place in the Sun magazine Liz Rowlinson, who explained how the core markets of Spain and France have suffered "hugely".

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Ministers warn of 10-day deadline for eurozone bailout

1

Dec

2011

 HiFX News@ 12:00 AM

Companies that regularly make euro exchanges may be affected if the eurozone leaders fail to settle on a plan to bailout the bloc's debt crisis.

Olli Rehn, the economic and monetary affairs commissioner, yesterday (November 30th) warned time is running out for the eurozone.

Continue reading "Ministers warn of 10-day deadline for eurozone bailout"...