International money transfer to Argentina could provide comfortable retirement

Making an international money transfer to Argentina could prove to be a good move for Britons looking for an affordable retirement abroad.

Expatriate advice website Shelter Offshore has recommended the country for its "excellent" food and drink, particularly the "stunning" red wines available.

The Philippines were also suggested as a hotspot for people keen to retire abroad without breaking the bank.

According to the website, the island nation offers a retired person's incentive program to encourage older expatriates to relocate.

Belize offers a similar incentive program which includes tax benefits for retired people.

When making an international money transfer in order to move abroad and take advantage of such incentives, retirees could save money by using a foreign exchange broker.

This will avoid the four per cent currency exchange fee usually charged by banks and will usually facilitate a better rate of exchange.

Click here to make an International Money transfer

Posted by Eleanor Ward