Buying a boat overseas

As you let your fingers do the work, you discover your dream boat online at half the price that what it costs here in Australia. Only problem, it’s halfway around the world on the Mediterranean coast! This could be a challenge, not only shipping it to Australian shores but paying for it too. Whether you’re buying a fishing boat, yacht or large motor cruiser (all of which cost a substantial amount of money) from a remote location, the most cost efficient way of paying for it is by making an international money transfer through a foreign exchange provider. However, keep in mind, it costs around $40,000 to freight a yacht from Europe to Australia.

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Buying property overseas

Australia’s sky high house prices are forcing buyers to look overseas to purchase properties. Why not, when you can get more bang for your buck with a ski chalet in New Zealand or a holiday home on the Spanish coast! But before you jump the gun and purchase that dream overseas holiday home or investment property there is a lot you need to consider when it comes to transferring money abroad. The quickest, cheapest and most efficient method to send money overseas is through a foreign exchange specialist. So have a thorough read of this guide as it will provide you with all the ins and outs of international money transfers for purchasing homes abroad.

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