Emigrating to Spain
In recent years, Spain has become an increasingly popular destination for Australian residents looking to relocate abroad. The Mediterranean lifestyle continues to appeal to many Aussies, with factors such as climate, culture and quality of life playing a major role in the decision to move. As more Australians consider making Spain their home, it’s important to plan ahead and think carefully about the practical steps involved to ensure the move goes as smoothly as possible for you and your family.
One thing many people who are moving abroad forget about or leave until the very last minute is changing over their savings into euros. You may also think that this is a minor last-minute detail, but you'd be wrong. Choosing the wrong time to change you money over could spell disaster for your finances and end up costing you just when you need your money the most.
The exchange rate is constantly changing and the fluctuations could drastically increase or possibly reduce the amount of money and savings you'll have to take with you on your big move to Spain. That's why it's so important to think about changing over your money sooner rather than later. Simply following the market will give you a better understanding of the exchange rate changes, and it will also help when you're planning your finances when you're moving to Spain.
For most people the constant exchange rate changes and dealing with the big move mean that most people just don't have the time to watch and decipher the market. That's where TorFX can help. We are here to take all the hard work out of your currency exchange, and we will watch the market for you. We will keep you updated with regular emails about the market and your personal account manager will be there with you every step of the way to answer any questions you may have.
Don't worry if the market starts taking a turn for the worst, we can help you. Our service allows customers to fix exchange rates, so you can lock in a strong rate for a future transfer and not worrying about how the market moves in the meantime. On top of our incredible exchange rates we are also able to exchange your currency commission free, so you'll not only boost your savings with our excellent currency rates, but you won't have to worry about handing any of your nest egg over to pay commission charges.
TorFX could save you both time and money, helping you get the best possible exchange rate at the right time so you can start your new life with as much money as possible.
TorFX can offer you:
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Competitive exchange rates with no commission or additional charges
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Ability to fix your exchange rate up to two years ahead
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Fast international transfers with no transfer fees
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Regular market updates by email
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Expert guidance
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Direct access to your own currency account manager
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Online account opening in just two minutes
How to transfer money when emigrating with TorFX
Create an account
Open an account in minutes online or over the phone.
Get your rate
Secure an exchange rate online or with your account manager.
Make a transfer
Send us the funds to exchange and we’ll do the rest.
Other currency transfer services
Large transfers
Security and strong exchange rates are vital for large transfers. We’ll keep your transfer secure and get you a great rate.
Repatriation of funds
Bringing money back home? We’ll help you time your transfer and maximise what arrives in your account.
Property purchases
Buying overseas property is a big step. Let us simplify the transfer side of things and save you money.
Frequently asked questions about emigrating
Emigration means leaving your home country to live in another, while immigration refers to entering a new country to live there. They are two sides of the same move, just from different perspectives.
Before you move, it’s important to plan your finances carefully, from transferring savings and closing local accounts to setting up a way to send and receive money internationally.
You can use a specialist currency transfer provider like TorFX to send money overseas. We offer strong exchange rates, a range of transfer options, and expert support.
Banks can seem convenient but they often charge high fees, offer poor exchange rates, and provide a limited service. Currency specialists like TorFX help you save money and provide expert support every step of the way.
Yes, you can transfer your pension or salary overseas. We can help with regular transfers like monthly pension payments, overseas income, or rent, as well as larger transfers if you choose to move your pension as a lump sum.
Exchange rates fluctuate constantly, so it depends on when you transfer. We can help you time you transfer for when the market is strong, and we provide various transfer options to help you navigate currency volatility.
There’s no limit to how much you can transfer with TorFX, but larger amounts will require more stringent safeguarding measures and expert support.
We offer tools like rate alerts and market insights, and you’ll have a personal account manager to help you time your transfers and make informed decisions.
Most transfers are completed within 1-2 working days, depending on the currencies involved and the destination. We’ll keep you informed every step of the way.