Expert currency advice By Rachel Canales from GC Partners
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Thinking of moving to the Algarve?
id you know that around ● Although the language barrier is the biggest 60,000 Brits already live in concern most people have before they move, Portugal, mainly in and around English is widely spoken. However, locals The Algarve according to always appreciate it when you try to speak recent figures from iExpats. Portuguese. It is hardly surprising why so many find ● A vibrant, varied & diverse culture as more Portugal to be a very attractive place to make people from Europe and beyond have chosen their home. to make Portugal their home. ● It offers a wonderful climate, with over 300 Becoming a resident in Portugal days of sunshine per year. If you plan to become a resident by the end of ● A fantastic quality of life – if you are looking the transition period on the 31st of December for a more relaxed pace of life, Portugal tops 2020, GOV.UK offers some great guidance for the charts once again. UK nationals moving to or living in Portugal ● Its own unique variety of food and drink post Brexit, this includes: including many local seasonal ingredients, ● Registering as a resident in Portugal. fresh seafood, and varieties of wine. ● Ensuring you have proper healthcare in ● The relatively cheap cost of living compared place. to countries such as the UK, Germany, and ● Exchanging your UK driving licence for the US. a Portuguese one.16:38 Simply go 1to www.gov. GLO advert 118x130.5 SEPT MASTER.qxp_Layout 1 20/09/2019 Page
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We're a dedicated financial services provider specialising in moving money overseas utilising great foreign exchange rates. From a substantial one-off property sale to regular ongoing payments, you can rely on us to work quickly, reliably and securely. T. +44 (0) 203 974 4738 / +351 289 093 137 E. portugal@gcpartners.co www.gcpartners.co Visit our offices in Lagos and Vilamoura
Global Currency Exchange Network Limited T/A GC Partners is authorised by the Financial Conduct Authority under the Payment Services Regulations 2017, FRN 504346. Global Custodial Services Limited T/A GC Partners is authorised and regulated by the FCA and holds Part IV Permissions under the FSMA 2000. Registration number 595875.
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Laura King Head of Compliance & MLRO
uk/guidance/living-in-portugal for more information. Ready to move to Portugal? Let’s face it, moving to Portugal and buying a property is not a typical everyday purchase so seek advice from locally based experts. You can speak to them to get a better understanding of the processes involved with your move. On your next visit to the Algarve, try visiting the experts in person, it makes it easier to talk face to face and alleviates any worries you might have. Contact a reliable, regulated currency specialist who can help you save thousands on the exchange rate and protect yourself against currency fluctuations. It is worth taking some time to consider your currency transfer needs to ensure your property does not end up costing you more than you think, or leaving you with less than you thought. Importantly, currency specialists understand markets, exchange rates and volatility. A good currency specialist will work with you to help you understand when to move your money, and they will provide a variety of options designed to suit your needs. Once you have found that special property, you need to move quickly. Estate agents will ask for a small reservation fee to take property off the market, lawyers may ask for a retainer, or you may want to engage the services of a surveyor. This is the reason why having a great currency provider in place is very important. Why GC partners? Established in the UK in 2003, with an office in Portugal for over 15 years, GC Partners have an experienced and friendly local team in the Algarve and worldwide. We move money overseas quickly, reliably, and securely using great foreign exchange rates. Speak to our specialists and you will see why we are rated 4.9 out of 5 on Trustpilot. Not only do we outperform the high street banks, but we will also guide you through the money transfer process. Opening an account with GC Partners to arrange your currency transfers is easy and only takes a few minutes. You can do this online at www.gcpartners.co/register or in person at one of our offices. Contact us on Portugal +351 282 768 136 or the UK +44 (0) 203 974 4738 or email portugal@gcpartners. co. Edificio do Cinema, Loja 1, Rua da Lusotur, Vilamoura, 8125-432, Portugal.
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