Could international money transfers help property investors in Brazil?

Property investors in Brazil may want to consider making international money transfers to fund their purchases.

The country has recently been noted for the "buzz" surrounding its investment market.

Robin Wilson, head of overseas at Rightmove.co.uk, said: "[Brazil's] size and burgeoning economy do put it a step ahead of the investment pack."

The comments follow a recent survey conducted by the Worldwide Property Group, which revealed that 58 per cent of people are currently considering the idea of buying a home abroad.

While countries like Brazil, the Caribbean and the US were popular, the study also found that traditional favourites were still ranking highly among people from the UK.

France, Italy and Spain were among the expat favourites to be ranked.

International money transfers can help to keep costs down when buying overseas property by avoiding high currency exchange fees often charged by high street banks.

Click here to make an International Money transfer to Brazil

Posted by Thomas Smith