It’s no secret that Aussie property prices are sitting pretty high when compared to other markets overseas, leading some investors to broaden their horizons and scoop up properties internationally instead.
Nowadays, sending money overseas, through your bank or an international money transfer (IMT) specialist, is almost as easy as transferring cash to your neighbour. But that’s not to say it’s always smooth sailing.
We hate to be the bearer of bad news, but, ex uni students can no longer scurry overseas and escape the worry of making their student loan payments as they once could. In the past few years the rules around paying back HECS-HELP debt from overseas have changed. The Australian Government has tightened its reigns and has now made it compulsory to pay off HECS-HELP even when working abroad.
If there’s one thing everyone knows, it’s that Christmas is the most joyful and generous time of the year. But for many Aussies with family overseas, Christmas morning often involves a laptop and a Skype call that lasts for hours.
If it’s your first time sending money overseas, then you might have been researching about the best way to do it. And since international money transfers can appear to be a complicated process, myths and misconceptions are bound to arise. But in reality, they’re not that tricky! That’s why we’ve gone ahead and debunked the top five common myths about international money transfers.
Whether you’re paying business expenses, handling a mortgage on an overseas investment property or sending money to family overseas, setting up regular International Money Transfers could be a great way to make your life just a little bit easier. Here are three steps to follow when you set up your payment, to make sure you’re getting it right:
The World Cup is about to kick off, and Aussies heading over to Russia to take part in the experience probably already have flights and hotels booked, and maybe even have their gloves and beanie packed.