With rental yields tightening around Australia and house price growth cooling, should Aussie investors look beyond our borders?
Investors may be able to take advantage of a possible currency upside.
Ben Kingsley, chair of the Property Investment Professionals of Australia (PIPA) told News.com.au “If there is an improvement in the currency of the country they are going to invest in and the Australian dollar falls against that, like the US dollar at the moment, that would mean they can get some uplift in terms of currency exchange.”
One critical aspect to focus on when investing abroad is the transfer of funds. With traditional banks often charging more than 5% plus fees for international payments, finding the right solution is critical and could save tens of thousands on the purchase of an average house, let alone a commercial property investment.
A brand new global payments specialist, based in Sydney Australia, is FlashFX. They are a cutting edge fintech startup engineered from the ground up to deliver intelligent foreign exchange transfer services.
FlashFX provides fast, secure and very competitive foreign exchange transfer services as an alternative to the existing opaque, siloed and inefficient banking networks.
Front and center is an exceptional user experience, without "hidden fees".
Built on a common global infrastructure and bringing new efficiencies to financial remittances by enabling near real-time settlements, the technology tightly integrates payments messaging with funds settlements, allowing for unprecedented visibility and transparency.
Using the innovative Ripple technology platform and XRP, Ripple's digital currency, FlashFX delivers extraordinary control to users.
With FlashFX you send funds like an email, track transfers like a package, and you are never surprised by hidden charges. There are none.
If you want to make a positive difference, skip the banks and take back control. Choose FlashFX for your foreign exchange transfers.