Purchasing a foreign property is often a very big decision. At Knightsbridge Foreign Exchange, we can help ensure you maximize your international real estate investment by providing you with great exchange rates for your foreign property purchase.
For many international property buyers, foreign exchange rate is an afterthought. However, through working with several international property buyers, we understand how important exchange rates are for saving you money.
Recently, we have been working with several Canadians looking to purchase real estate abroad, particularly in Florida, Arizona and California.
With the lowering of housing prices in the US, we are now seeing a large number of Canadians looking to take part in foreign real estate investment. Through our experience working with various global property buyers, we understand what it take to make your transaction go as smoothly as possible.
Banks will typically offer exchange rates with substantial markups (up to 2.5%) and significant fees. Unlike the banks, we offer the most competitive rates available, with no fees. We also provide free wire transfers to the US, and can make your payments directly.
When the time comes to make your first deposit, we can convert your Canadian dollars and directly wire the US funds to the title company on your behalf. We will then send you a receipt for your records, while ensuring your funds are received that same day.
Thereafter, in about 30 to 60 days, you will be required to provide the balance of funds for closing. Many international property buyers tend to buy all of the foreign currency upfront, as they want to avoid a fluctuating exchange rate. Other times, buyers will convert their currency in bulks while monitoring exchange rates. The choice is yours. No matter which method you choose, we will provide you with the best exchange rate, guaranteed.
Following your purchase, we can also help you with your monthly/annual costs and expenses ensuring you are always saving as much money as possible. Be sure to give us a call when looking to invest in foreign property purchases.
|“I saved a huge amount…about $3,000 over the bank quoted for U.S. dollars…everthing went as smooth as a dream”
– KnightsbridgeFX client buying over $200,000 US dollars with us interviewed in a Toronto Star article
|“KnightsbridgeFX is an online currency exchange company that seeks to undercut foreign exchange rates offered by larger financial institutions”
– Columnist for the Globe and Mail
|Knightsbridge Foreign Exchange was recognized by PROFIT HOT 50 among Canada’s Top New Growth Companies|
Call 1-877-355-5239 ext. 1 right now for a no obligation foreign exchange quote and compare our rates vs. your current provider. A 30 second phone call could save you time and money.