Expats

South Africa, a country which offers a diverse integration of cultures, expressions,  as well as vast yet unique habitats – from the wilderness to the urban jungle with everything in between. This country is on its way up in markets and offers immense opportunity for those living abroad. That said it is no wonder their is a large expat community that spreads across the country. An instance of the immense community can be seen in the estimated number of British nationals living in the country – there are approximately 212 000 British expats in SA alone. Since demoncracy the numbers of expats have flourished in the country – from 2nd home-owners looking to invest in property abroad, family immigration, married a South African or business folk exploring the flesh of Africa.

Expats living in South Africa

So, if you are an expat – no matter what brought you to South Africa, you are here taking on the adventure in your stride. Now, we know there are forums where you can network and build an online community of information, navigation and just simply a place to connect with others in a similar situation. Also with the splurge of social media networks, it really makes the world a smaller place! We would like to help you in other areas – as an information provider and as a helper for you online. So what information can we bring to the table? What articles would you like to read up on/information are you looking for?

What Globalfundi finance has to offer is something quite different – we are a South African company – that have family and friends that are expats living in the country. What we have noticed is that you are somewhat nailed in the financial arena – sending money to your family back home, negotiating payments with employers abroad – each of these is costly for you as you get a lump bump chewed right out of your money from under your nose.

International money transfers for expats

If you are making international money transfers we recommend consulting a South African based company with international affiliates – like Globalfundi – get assistance from in house. As said before if you use a banking institute you could very well be paying a fee every step of the way – commission often up to 2% of your total transfer amongst other fees – such as transfer duty and the like.

What Globalfundi can do is assist with your forex transfers, forex, trading, credit checks, and homeloans, property transfers and insurance from an online platform. We offer a secure service, with a trackable system, where no administration costs are incurred and all at your convenience all you have to do is log on and fill out our quotation form in the right margin.

 

 

 

Latest Expats Articles

Instant Money Transfer from South Africa to Zimbabwe!

Standard Bank’s launches cash transfer solution to Zimbabwe   What a great bit of news for all our Zimbabwian brothers and sisters living in SA and sending money home. Standard Bank and Stanbic Zimbabwe have teamed up with OK Zimbabwe Limited to offer person-to-person money transfers in real time from South Africa to Zimbabwe. No [...]

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is your money safe?

Safe Haven – South Africa, Hong Kong, USA make your choice

I recall about 20 years ago when the then Top Rabbi of New York told his fellow Jews who were leaving South Africa, that the safest place to be in the beginning of the 201….. somethings was South Africa.  Even with the high crime rate, we seem to be living fine here, politics are exciting, [...]

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BUYERS AGENT – The forecast for Homes and Mortgages for 2013 and beyond

Prediction and forecast from our Buyers Agent for 2013 is: 1. Without doubt, the purchase of residential property if bought in the right locations (Location, location, location) that will be one of the best investments and help fight against inflation. So having a buyers agent looking for you will save you time and money, now [...]

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South African banks start competing harder for client retention. Time to get a Buyers Agent on board.

It was so good to see a local bank, Standard bank decrease costs for a change.  This definitely seems to be part of the plan of action to compete for client retention and attracting new clients.   In light of FNB’s very attractive offering this past year, seeing Standard Bank do something bodes well for us mere [...]

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Currency Markets News

Pound slides on inflation slowdown

CPI of 2.4% for April was lower than expected as the dollar resumed its rise following profit-taking that saw the US currency give up some gains 

Shares mixed ahead of Fed testimony

Japan stocks lead rally, with investors waiting for Federal Reserve chairman Ben Bernanke’s testimony before Congress l

Shares advance ahead of Bernanke speech

US stocks reach fresh record highs as investors await further clues on the outlook for monetary policy from the Federal Reserve chairman

Central bankers turn deaf ear to warnings

Despite poor progress on reducing big deficits and debt, yields on US and UK government bonds fell and their currencies appreciated, says John Plender