Re: Cheapest way to buy Euros

I'm about to complete on the sale of my last buy-to-let property in

> the UK and by the end of next month I will have just over GBP250k net > of tax in my savings account. > > My next step is to buy one or more buy-to-let properties in the > eurozone (either France or Spain), so I'm keen to get advice on: > > - the cheapest way to buy euros with sterling (my bank is not offering > a very interesting rate) > > - the best place to hold the euros while I line up the eurozone > properties: is it an offshore account with a UK bank, or a local > account in France/Spain ? > > Any advice gratefully received ! >

Don't buy Euros! Stick it in an offshore dollar account.

Reply to
hew_dunnit
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It won't in the short term. But if your plans aren't finalised the Euro is likely to fall against the dollar and rise against the pound in the immediate future. Presently the pound/dollar rate is very favourable to sterling.

Reply to
hew_dunnit

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