Currency Exchange Services For Buying Property Abroad
Overseas Property
Buying or selling a property abroad can involve transferring large sums of money. Omnis FX not only offer commission free transfers at the best rates but also provide expert currency market advice to ensure you carry out your transactions at the very best rates.
Buying Property
Whether you’re buying a property or home overseas for investment, retirement or holidays Omnis FX offers a hassle free service saving you money to spend on your new home.
Spot contracts can be used if funds are required in a short timeframe to secure the purchase of a property. By carrying out a spot contract with Omnis FX you will experience a hassle free, quick and simple transaction with excellent rates of exchange.
When developing a new property or purchasing a property with payments to be made a set date away you can sometimes suffer from adverse exchange rates. For our clients who would like to limit their risk we will often recommend taking out forward contracts. This allows you to secure a rate for up to 2 years, thus fixing your property price and removing your exposure to unfavourable exchange rates.
Selling Property
Though you may have a clear valuation of your property in foreign currency it is hard to plan how much this will be worth in your own currency when you finally sell. Our clients have varying reasons for selling overseas properties but most intend to use the money for specific purposes.
Fluctuating currency markets make it very hard to plan how much you will receive when purchasing your property and there is always a risk that a few months after you get your property valued the value in your home currency could fall considerably. By taking out a forward contract you can fix the rate of exchange and eliminate your exposure.
Overseas Property Case Studies
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Buying or selling a property abroad can involve transferring large sums of money. Omnis FX not only offer commission free transfers at the best rates but also provide expert currency market advice to ensure you carry out your transactions at the very best rates.
Buying Property
Whether you’re buying a property or home overseas for investment, retirement or holidays Omnis FX offers a hassle free service saving you money to spend on your new home.
Spot contracts can be used if funds are required in a short timeframe to secure the purchase of a property. By carrying out a spot contract with Omnis FX you will experience a hassle free, quick and simple transaction with excellent rates of exchange.
When developing a new property or purchasing a property with payments to be made a set date away you can sometimes suffer from adverse exchange rates. For our clients who would like to limit their risk we will often recommend taking out forward contracts. This allows you to secure a rate for up to 2 years, thus fixing your property price and removing your exposure to unfavourable exchange rates.
Selling Property
Though you may have a clear valuation of your property in foreign currency it is hard to plan how much this will be worth in your own currency when you finally sell. Our clients have varying reasons for selling overseas properties but most intend to use the money for specific purposes.
Fluctuating currency markets make it very hard to plan how much you will receive when purchasing your property and there is always a risk that a few months after you get your property valued the value in your home currency could fall considerably. By taking out a forward contract you can fix the rate of exchange and eliminate your exposure.
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James Gardner saved £10,652.23 with a Forward Contract.
James Gardner purchased a new property in Portugal for €230,000. Unfortunately the completion of the property was delayed for 2 months. His account manager at Omnis FX advised him to buy a Forward Contract as the outlook wasn’t looking particularly good. The agreed price of the exchange rate was 1.1280. Two months later, the Euro exchange rate had fallen to 1.0720. As James had secured his Euros at 1.1280 he managed to save £10,652.23
David Arnold saved £4929.00 with a Spot Contract
David Arnold was in the process of buying his first overseas property, a house in the south east of Australia. The house was purchased for AUD$320,000.00. Mr Arnold spoke to his high street bank who told him that he could get AUD 2.28 to the pound, after speaking to a friend he was referred to Omnis FX who told him that they could exchange his pounds at the rate of AUD 2.3630. Mr Arnold went on to complete the transaction with Omnis FX and saved himself £4929.00 in the process..
See how much Omnis FX can save you on your next currency exchange. Click on a button above to recieve a free, no obligation quote today!
Why Omnis FX?
Better currency exchange
rates than the banks.
Fixed exchange rates
for up to 2 years
Dedicated account manager for personal
service and fx currency advice
No transfer fees
or receiving charges
Swift account opening - start
exchanging currencies today
Better Rates Than Your Bank*
if you bought a property overseas with the value of €500,000 on 13th July 2009 it would have cost:
* All figures are for illustrative purposes only. We have made the utmost efforts to ensure these are accurate for the given dates but cannot completely guarantee the accuracy or validity of the information.
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* This rate is based on the current interbank rate and should be used for indicative purposes.
OmnisFX is the trading name for Omnis Capital FX Limited which is registered in England under company number 6420928 with its registered address at 59 Lafone Street, London SE1 2LX.
Omnis Capital FX Limited is registered with HM Revenue and Customs under Registration Number 12293997.
Omnis Capital FX Limited is an appointed representative of Independent Portfolio Managers Limited which is authorized and regulated by the Financial Services Authority.
Omnis Capital FX Limited is registered with the Financial Services Authority under the Payment Services Regulations 2009 under register reference No. 485601 for the provision of payment services
James Gardner purchased a new property in Portugal for €230,000. Unfortunately the completion of the property was delayed for 2 months. His account manager at Omnis FX advised him to buy a Forward Contract as the outlook wasn’t looking particularly good. The agreed price of the exchange rate was 1.1280. Two months later, the Euro exchange rate had fallen to 1.0720. As James had secured his Euros at 1.1280 he managed to save £10,652.23 
David Arnold was in the process of buying his first overseas property, a house in the south east of Australia. The house was purchased for AUD$320,000.00. Mr Arnold spoke to his high street bank who told him that he could get AUD 2.28 to the pound, after speaking to a friend he was referred to Omnis FX who told him that they could exchange his pounds at the rate of AUD 2.3630. Mr Arnold went on to complete the transaction with Omnis FX and saved himself £4929.00 in the process..
