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How to finance overseas purchases

There are ways to make the most of your money overseas, from holiday homes abroad to luxury goods and split asset investments.

From artwork and jewelery to boats or horses, when it
A unique item, attention to detail and personal service matter comes.
Whether you are buying online or abroad, you have to factor in it.
The effect of the cost of money on your budget.

Buying and maintaining a yacht

If you are
Planning to invest in a yacht, then you intend to send it there
You can get opportunities to buy from abroad. Between initial purchase cost
And ongoing maintenance and mooring requirements you may find you have
Cost in many countries during the year. When it comes to
Mooring costs, some people choose to invest in privately managed property
Ghat It can be convenient, with all the benefits of other lifestyles.
Properties with a guaranteed swamp even during busy times, but this can happen
Limit how much you can travel.

Hedge against risk in currency remuneration

If you are currently working
Overseas, then you can expect to receive salary or bonus
Currency. Your commitments can range from school fees to property maintenance.
Go back to the UK even when you are working abroad. If you are managing costs
Two or more countries, you may face a challenge to meet them
Commitments and many of your expenses may be due to currency fluctuations
Time is making those payments to meet multiple deadlines.

Split asset investment

When it comes to investing in luxury goods, the property is often held by third parties and may be foreign. For example, a partial investment in Ferrari Enzo that costs around £ 2.5m can appreciate by 15% per year in value. A £ 100k investment in the car would be a commendable asset, which could be held overseas. In most cases, split asset investment has a finite period, and the end date is confirmed at the point of investment. Split capital trusts typically last five to ten years, and given the ability to change within the money market over that period, a currency specialist may be able to provide a supporting currency strategy for the exchange fund at a specified date of the future Can.

Tools to manage your foreign exchange performance and international payments

There are various currency tools that you can do
To make maximum use of your money abroad. The choice depends on you
Risk trends and the nature of your needs. A currency specialist can
Provide them with the available tools as well as current trends
Money Market.
The right tool for you will depend on many factors including your payment
Your outlook for risk related to schedule, your lifestyle and currency
ups and downs.

We know the value of your time. This is why we
Provide guidance on money of currency instruments as part of expert service
Personal account managers provide. Whether you expect a bonus
Overseas or you want to invest abroad, Moneycorp is on hand
To help you choose the best service that is right for you. With a moneycorp
Account you will have:

• Great Rates
On 120+ currencies

• Convenient online platform and mobile app to manage and track your payments

• One
Automatic regular payment plan for scheduled costs

• equipment
Track, target and even fix exchange rates for major payments

• free specialist
Guidance and support from a team of experts

We have been offering great value currency services for over 40 years and have consistently received the FIFO 2020 Platinum Award for outstanding customer service. That’s why we are partnering with Citi AM – visit www.cityam.com/talk/moneycorp-talk so that we can serve the payment needs of global businesses, importers and exporters, online sellers and individual customers.

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