Are you thinking about Emigrating and transferring your money abroad?
Read this real-life experience about Joe who moved to America…
When Aberdeen-based American Joe Leonard was offered a 20-month career break in 2014, he jumped at the chance to spend more time back in the US. Here, Joe explains why he loves both the UK and the US, and tells us how currency specialists Halo Financial have helped ease his trans-Atlantic travels…
I first moved to Scotland in 1987, leaving Los Angeles, California, to live with my first wife who was Scottish. Having lived near Aberdeen for 27 years, last year I was offered the opportunity of taking a career break (I work as a music instructor for Aberdeen City Council and also as a trombone tutor at Aberdeen University).
This break has given me a chance to spend 20 months in America which has been invaluable. It has been great to spend time with some of my US-based family. I have four adult children, three of whom live in the UK, but one of whom lives in Las Vegas, Nevada, and two grandchildren. Previously, I had been only able to visit my American relatives twice a year for ten or 12 days at a time.
When I first came back to America at the start of my career break, I knew that it would be handy for me to be able to transfer money from my UK bank account to be able to purchase a vehicle and, eventually, a home out here. Initially, I looked into using a high street bank that had a decent internet banking service available for clients who wanted to transfer money. However, whilst exploring this option more closely, I soon realised that the exchange rate I would receive was mediocre, and I also have to leave a substantial amount of money in the account to qualify for the service.
Therefore, I started researching other options. It was then that I came across Halo Financial. This company has made it so easy for me to transfer money between the UK and the US at a fantastic exchange rate; one that is 3-4 per cent better than any of the high street banks that I looked into. The process is very quick, and I don’t have to invest a large amount of money to benefit from the service.
Although anyone at Halo can initiate a transfer for me, I was assigned a specific Halo Financial consultant to deal with any special requirements. They have been great. The offices in London are open until 8pm, and as I am based in Georgia (which has a five hour time difference) I am able to contact someone there right up until 3pm in the afternoon.
Since being back in America I have bought a house and a couple of vehicles and Halo has helped make the transactions go very smoothly – and at a good exchange rate.
Although I will be moving back to Aberdeen in April 2016, it is my plan to eventually split my time evenly between the two countries – to spend more time with all members of my family.
I try to focus on the positives that both countries have to offer. In America, there is a wealth of places to visit by car or motorbike. The sheer size of the US can be quite daunting – the UK could fit into the state of California alone – but fuel is also a lot cheaper here, due to the high taxation of petrol in the UK, so it’s great to spend time exploring. However, the UK’s proximity to mainland Europe, affords you the chance to see more different countries.
Thankfully, I hope to soon be able to take advantage of the best both countries have to offer, and thanks to the great service I receive from Halo Financial’s friendly and helpful staff, I know that transferring my money between the two is something I don’t have to worry about.
For more information, visit: www.halofinancial.com
Authorised by the Financial Conduct Authority under the Payment Services Regulations 2009, FRN: 528727.
Her Majesty’s Revenue & Customs MSB registration No. 12197454.
© 2015 Halo Financial Ltd. Registered in England No. 5155787.
The contents of this article are for reference purposes only and do not constitute financial or legal advice. Independent financial or legal advice should be sought in relation to any specific matter. Articles are published by us without any knowledge or notice of the circumstances in which you or anyone else may use or rely on articles or any copy of the information, guidance or documents obtained from articles. We operate and publish articles without undertaking or accepting any duty of care or responsibility for articles or their contents, services or facilities. You undertake to rely on them entirely at your own risk, and without recourse to us. No assurance of the quality of articles is given or undertaken (whether as to accuracy, completeness, fitness for any purpose, conformance to any description or sample, or otherwise), or as to the timeliness of the publication.
Latest posts by Silversurfer's Editor (see all)
- Win one of Three copies of No Security on DVD by The Rolling Stones - June 17, 2018
- Do you need less sleep as you get older? - June 15, 2018
- We’re one step closer to a polio-free world - June 15, 2018
- Will you be watching the World Cup? - June 14, 2018
- Save your sofa! - June 14, 2018
Leave a Comment!
Community Terms & Conditions
These content standards apply to any and all material which you contribute to our site (contributions), and to any interactive services associated with it.
You must comply with the spirit of the following standards as well as the letter. The standards apply to each part of any contribution as well as to its whole.
be accurate (where they state facts); be genuinely held (where they state opinions); and comply with applicable law in the UK and in any country from which they are posted.
Contributions must not:
contain any material which is defamatory of any person; or contain any material which is obscene, offensive, hateful or inflammatory; or promote sexually explicit material; or promote violence; promote discrimination based on race, sex, religion, nationality, disability, sexual orientation or age; or infringe any copyright, database right or trade mark of any other person; or be likely to deceive any person; or be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence; or promote any illegal activity; or be threatening, abuse or invade another’s privacy, or cause annoyance, inconvenience or needless anxiety; or be likely to harass, upset, embarrass, alarm or annoy any other person; or be used to impersonate any person, or to misrepresent your identity or affiliation with any person; or give the impression that they emanate from us, if this is not the case; or advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse.
Nurturing a safe environment
Our Silversurfers community is designed to foster friendships, based on trust, honesty, integrity and loyalty and is underpinned by these values.
We don't tolerate swearing, and reserve the right to remove any posts which we feel may offend others... let's keep it friendly!