Send money to Dubai to invest

Individuals considering investing in property overseas might be considering how to send money to Dubai.

The Emirate's property market is to start to improve gradually over the next few years, according to a report from Credit Suisse.

To take advantage of this, overseas investors will need to send money to Dubai to pay deposits and meet mortgage requirements.

Using a bank-to-bank transfer might seem like the simplest solution, but a foreign exchange broker could be a better option.

Both will allow you to move money directly to a bank account in Dubai. However, sending money to Dubai through a high street bank is likely to incur high charges through fees and a poor foreign exchange rate.

On the other hand, by using a regulated broker you will have access to some of the most competitive currency exchange rates on the market.

Opening an online account with RationalFX today will let you see exactly how much you can save when you come to send money to Dubai to buy property.