European digital sector to boost trade

Expats planning to make money transfers to their businesses on the continent may find the internet significantly boosts trade.

A recent report by the European Commission (EC) highlights the growth of the digital sector overseas and the positive impact this may have on international companies.

UK emigrants who transfer money to their Europe-based businesses that have websites may benefit from the increase in internet traffic.

Figures from the EC reveal that 56 per cent of Europeans have access to the web, with 80 per cent of connections being of a high speed.

Viviane Reding, commissioner for information, society and media, said: "Europe's digital economy has tremendous potential to generate huge revenues across all sectors.

"We should seize the opportunity of a new generation of Europeans who will soon be calling the shots in the European market place."

In other news, real estate expert Investorsinproperty.com recently stated that investors located in the Channel Islands, the Isle of Man and the British Virgin Islands may benefit from a three per cent tax break on French properties.

Click here to make an International Money Transfer.

By John Mills