How to Pay for Property Abroad
Paying for property abroad usually involves transferring large sums internationally, often converting currency, and timing payments to contract milestones (reservation deposit, exchange, completion). The main decisions are which provider you use to exchange and transfer, how you manage exchange-rate risk, and how you verify payment details to avoid fraud. Always confirm account details directly with your notary or lawyer through a trusted channel.
This guide is being built out. The structure and headline answers are in place; detailed sections are still being researched and professionally reviewed.
Key takeaways
- Payments are staged to contract milestones.
- Provider choice and FX management materially affect what you pay.
- Always verify account details through a trusted channel to avoid fraud.
Paying for property abroad usually involves transferring large sums internationally, often converting currency, and timing payments to contract milestones (reservation deposit, exchange, completion). The main decisions are which provider you use to exchange and transfer, how you manage exchange-rate risk, and how you verify payment details to avoid fraud. Always confirm account details directly with your notary or lawyer through a trusted channel.
Payment milestones
How deposits, exchange, and completion payments are typically staged.
Banks vs specialist providers
How transfer providers differ on cost and speed.
Managing currency risk
Options for reducing exposure to exchange-rate moves.
Compare currency-transfer options