Compare Money Transfer News - June 2011
Millions of UK workers would move overseas for better jobs
(June 30, 2011)Foreign money transfers could be in demand if more UK workers decide to make a move abroad in search of better jobs.
According to a new survey by GfK NOP Engage, some 7.6 million Brits would be willing to set up a new life overseas to improve their job prospects.
This equates to 27 per cent of [...]
London ‘the best place in the world’ to do business
(June 28, 2011)London has been described as the "best place in the world" to do business in comments that could encourage overseas firms to make international money transfers to the UK.
Andrew Horne, media and communications manager at the London Chamber of Commerce and Industry, said there are a number of attributes that make London such a popular [...]
Brazil ‘a top destination’ for foreign property buyers
(June 28, 2011)Foreign property buyers looking to make an overseas money transfer should perhaps consider Brazil as a potential market.
Paul Collins, editor of BuyAssociation, said the South American country is a top destination for foreign property at the moment.
The nation's strong economy is perhaps the main attraction, he remarked.
"It has shown that the measures put in place [...]
China and India offer rich rewards for business investors
(June 28, 2011)Businesses making international money transfers to China and India to invest in their growing economies could enjoy rich rewards if they tread sensibly, it has been suggested.
David Kuo, director at The Motley Fool (Fool.co.uk), acknowledged that these can be "risky" markets to enter.
However, he insisted that for those who get it right, the benefits can [...]
Expats making money by renting out UK homes
(June 28, 2011)Keeping a UK property and letting it out to tenants could be one way for expatriates living abroad to generate more cash.
According to the Association of Residential Lettings Agents (Arla), many people living or working abroad are choosing to do this for a number of reasons.
For example, those who intend to move back to the [...]
Buying property in the US ‘remains popular’
(June 28, 2011)Foreign money transfers to the US may still be in demand as, according to one expert, there is continued interest in property in the country.
Paul Collins, editor of BuyAssociation, said traditional areas, such as those in Florida, are still proving popular among overseas property buyers.
Indeed, these regions enjoy a high influx of tourists, which means [...]