Pay Less For Foreign Property - Currency Exchange Savings
Pay Less For Foreign Property - Currency Exchange SavingsBy Dr. Douglas StewartThere is a simple trick to saving about 4% on the price of property abroad. It is quite easy and only takes about an hour. As an example, on a $200 000 property, this means that you would save about $8 000. Not bad for an hour's work. Following is the explanation of how you do it.
If you are buying abroad, you will almost certainly need to pay in the local currency. So for example, if you are buying in New Zealand