Corporate foreign exchange news

Written by Mark Smith-HalvorsenNearly nine out of ten expats believe they have a better quality of life than they did in the UK, according to a survey by Natwest International Personal Banking.Further findings from the poll showed that 90 per cent of expats feel financially secure in their new country.Responding to the report, freelance property reporter and editor of a number of online property magazines Marc Da Silva said that English speaking countries such as Australia, New Zealand, Canada and America are firm favourites with UK expats."A lot of people have taken early retirements after the recent credit crunch, so that is certainly one factor for moving overseas," he said, accounting for the recent popularity of making a move overseas.However, he added that the weakness of the pound in foreign exchange trading in past months has prompted some expats to consider a move back home.For those who are planning to take on a foreign property mortgage, buying currency online through a forex broker may help to knock considerable sums of the final cost.For more information on purchasing currency for regular or one-off payments, visit our Personal FX site