Transfer money to Portugal

Kayalaoui · 2018-06-01T15:34:26+02:00

Discover the best methods and fees for transferring money from the USA to Portugal for property purchases amid fluctuating dollar rates.

Kayalaoui Member

Member since 12 May 2018

KayalaouiMember01 June 2018 13:34:26

What is the best option to transfer money to Portugal from USA for buying a property. I m talking about charge fees. I know right now it鈥檚 not the best time since the dollars is low. Thank you

Woppyman New member

Member since 06 March 2018

WoppymanNew member01 June 2018 14:23:12

I used TransferWise to buy a property earlier this year. As the pound is also not strong against Euro I took a Portuguese euro mortgage out for 50% and will pay it down when Sterling (hopefully) recovers

Kayalaoui Member

Member since 12 May 2018

KayalaouiMember01 June 2018 14:43:32

Thank you for your reply. Did you pay any transfer fees?

SimCityAT Expert

Member since 08 April 2014

SimCityATExpert01 June 2018 19:21:39

12534

TransferWise offers the best rates (better than banks offer), the first transaction is normally free, but I guess it depends on how much is transferred. Even if there is a fee, its very small. There is a calculator on their website

Kayalaoui Member

Member since 12 May 2018

KayalaouiMember01 June 2018 19:27:02

Thank you

Vidanova Active member

Member since 25 May 2018

VidanovaActive member04 June 2018 15:11:29

Use TransferWise] it is a "Skype" company endorsed by Sir Richard Branson no less! They will give you mid-market rate, no high street bank will do that and their fees are by far the lowest of any forex company that I have found anywhere. Have a look at what they offer.

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lmdejong Member

Member since 08 February 2017

lmdejongMember25 June 2018 06:09:55

Hi,

My husband and I are American's living in Lisbon.聽 We have bought two properties here.聽 We use Venstar Exchange: 聽 to move money from the US. Not just for the really big stuff like buying the properties, but also for moving money to live.聽 Anything over 10K USD benefits.聽 I HIGHLY recommend them.聽 The service we have received over the last couple of years has been exceptional.聽 Good luck