In comparison to the Uk, house in France is fairly cheap. If you could trade like for like, you could expect to obtain a home around two times the dimension with possibly 10 times the quantity of land in France euro exchange rate! Of program, many people dont always want to upgrade in size and it is frequently much more beneficial to buy a comparable dimension house for a fraction of the sale price of their home in the United kingdom. This surplus money can then be utilized as a nest egg to arranged up in France, and hopefully retire. Way of life then becomes the notable function and there is cash in the financial institution to back this up. The cash savings dont end there. With the pound consistently more powerful than the euro, more euros can be obtained when exchanging. Of course the trade rate does continuously fluctuate, and depending on when you carry out the trade you can be lucky and finish up with even much more euros than you formerly predicted. It is an idea to keep in mind your perfect trade rate and try to use this as a regular by which you aim to trade at. With stable currencies such as the pound and euro, this method works reasonably nicely. The traditional method to transfer money is through your financial institution. The large advantage of this technique is trust you know your bank and you know they wont rip you off. Or will they Generally, when transferring from an account in 1 country to an additional, you are quoted the charge on the spot. compare exchange rates If you agree to it and arrange for your bank to transfer the cash, you are then charged a fee to transfer (this amount varies from bank to bank). So, the money is sent to your bank account in France. The bank receives your money, and then it takes a handling charge for by itself too. Not only have you paid a fee twice, but the charge you had initially been quoted is not the best charge you could have got either. If you are exchanging large sums of cash, the money disappearing could be in the 1000's. What many people do not know is that there are companies set up purely to trade currency. It is their raison detre. Mainly, they provide trade rates a lot, much much better than the banks and moreover do not charge a charge to do this euro exchange rate. Although, of course, not even they can see the long term but they do have the capability and abilities to assist you in attaining the best charge possible. As it is their business, their time and work is put into assisting you get that charge, while financial institutions do not merely have the time (nor curiosity). To sum up, you have chosen a property to purchase in France, you have negotiated a cost (ideally saved a couple of thousand there) and all that remains on the financial aspect of things is to join a forex trade business and save thousands more!