Australian Immigration Daily News

The recent fall of the Australian Dollar has seen those arriving and transferring money in to Australia from overseas receiving many more Dollars in return for their native currency.

Our foreign exchange partners TorFX informed us that two weeks ago a client moving to Australia from the UK would have received around $1.74 for their Pound, today (24/09/14) they could expect closer to $1.85. For a family transferring £100,000 from a house sale that would be the difference between receiving $185,000 against $174,000 – a difference of $11K!

TorFX can also offer forward contracts for clients who aren’t making the move yet but want to lock in the rate whilst it is a favourable high.

Click here for the Victorian Stakeholder meeting notes held last week.

Join us for

Exclusive SIV cocktail event

Following the successful SIV cocktail events held in Sydney, Brisbane and Melbourne,  Migration Alliance is delighted to invite migration agents who practice in, or have an interest in Significant Investor 188 and 888 applications to an exclusive event by our sponsors NAB Private Wealth to be now held in Perth.

New Online Solution for Invoicing Overseas Clients in A$

Do you have a forthcoming invoice to send to an overseas client? Are you awaiting payment from a client based outside of Australia?

Migration Alliance have recently partnered with TorFX to introduce their currency exchange and money transfer services to both migrants and RMA’s who are sending and receiving funds to and from Australia, providing a cost saving alternative to the banks and credit card companies.

Migration Alliance, the leading Australian membership organisation for registered migration agents  have introduced a new partnership service with award winning Foreign Exchange and Money Transfer Specialist, TorFX.

All 4,200+ of Migration Alliance members have access to a directory of third party professional services promoted through their membership, which includes private health insurance, real estate, education and now with TorFX, foreign exchange.

TorFX have been established in the UK since 2004 and have become a recognised provider across the emigration market for clients migrating to Australia and New Zealand. Last year they opened their first Australian office to cater for the growing demand for their services across The Asia Pacific.