Receiving a monthly rent payment can be simple but it's worth considering how your costs could be lower. Currency UK can assist.
Your overseas tenant will probably pay rent monthly into a local account. But is repatriating those funds every month the cheapest way to bring the profits home? Currency UK can help you decide whether a quarterly or biannual transfer might save you money, and then execute the transaction, regularly and without hassle.
Posted in Personal Resources on Jun 22 2017
Further reading:
Transferring currency abroad can be a hassle, especially when it's part of the much more complex and important event like buying...
VIEW FULL ARTICLEWhen selling property abroad, local taxes and fees can take a big bite out of your profit.
VIEW FULL ARTICLEIf you need to make regular monthly currency transfers abroad, we can help.
VIEW FULL ARTICLEThe process is really straightforward - check out this video.
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