'France money transfers are stable'
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.
Figures from the resource show that 70 per cent of potential expats intend to transfer money to European-based investments.
France is the most popular country for expats seeking to acquire new assets, with Spain, Italy and Portugal also attracting Britons.
Ann Wright, international business development manager for the portal, explained that France has a particular appeal for UK emigrants.
"Interest in the country, which has always been the first choice amongst Brits, has remained fairly stable at 25 per cent since 2008," she said.
Britons looking to relocate abroad have been urged by HomesOverseas.co.uk to consider capital cities rather than rural areas for the location of their new homes, as busy urban areas are expected to be the first to recover from the recession.
Click here to make an International Money Transfer.
By John Mills
