Currency Considerations
If you are considering buying a property overseas, you may need to change your money into the appropriate foreign currency. Some of our clients have used the services of HIFX, a currency specialist that offers Private Clients corporate rates of exchange as well as a service designed to remove the risk of rate fluctuation with transactions of this nature.
You may also want assistance with overseas mortgage payments or a regular pension transfer if you have purchased a residence in France or moved on a more permanent basis. The service allows you to peg an exchange rate for up to two years, establish a direct debit with your U.S. bank and transfer your monthly payments abroad for no charge.
The HIFX service is free and carries no obligation to trade. To visit the HIFX website, click
here."
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