All Episodes

August 31, 2025 48 mins

Learn how to navigate foreign exchange as an expat and achieve financial freedom. Discover essential tips for currency exchange and financial planning when moving abroad. Embrace expat life and start living abroad with more confidence.

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More information & contact details for Spartan FX - https://expatsportugal.com/business-directory/spartanfx/

Get your FREE GUIDE to moving your money to & from Portugal - https://www.spartanfx.co.uk/money-guide-signup.php?sfxtrack=expatsportugalemail

Do you have any questions? Book a free 30-minute consultation with Spartan FX. Easily schedule a convenient time for you via their calendar - https://calendly.com/spartanfx/expats-portugal-free-consultation

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Whether you’re moving your savings, paying for a new home, or sending regular transfers abroad, understanding how to manage your money across borders is essential. Learn practical strategies to lock in exchange rates, reduce financial risk, and budget with confidence.

Perfect for retirees, digital nomads, and anyone relocating to Portugal, this webinar will give you the tools and knowledge to take control of your finances, make smarter decisions, and save money while living the expat life.

📌 Use the chapters to jump to topics that matter most to you!

00:00 Introduction

04:15 What exactly is a Forward Contract in the context of foreign exchange?

07:30 How does a Forward Contract differ from a standard currency transfer?

10:58 What are some real-life examples of how expats have benefited from using Forward Contracts?

14:38 Are there any risks or downsides to using Forward Contracts that people should be aware of?

17:35 How far in advance can someone lock in a rate with a Forward Contract?

18:25 Is there a minimum or maximum amount required to set up a Forward Contract?

20:00 Savings add up: Benefit for regular payments

21:55 How to lock in the rate you want for your budget

24:00 How flexible are Forward Contracts if someone’s plans change—can they be cancelled or adjusted?

25:23 What are the most common misconceptions expats have about currency transfers and Forward Contracts?

26:38 Why Forward Contracts are particularly relevant for expats in Portugal

31:05 What about cryptocurrency

31:42 Looking at the whole picture of transferring your money and working with tax specialists

33:30 Can you have multiple

34:35 How much does the service cost?

37:55 Q: Is there a better brokerage house in the USA to use for money transfers? Schwab, Fidelity, or Vanguard? What is the intermediary bank you would use, and can you link FX up directly to your USA bank?

41:44 What documents or information are needed?

43:40 What’s your top piece of advice for expats considering a move to Portugal?

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*ABOUT EXPATS PORTUGAL* 

https://expatsportugal.com/

Since 2005, Expats Portugal has been assisting people in finding the information, contacts & support they need to migrate to, settle in, & enjoy Portugal!

Having already been through the process ourselves, our team is keen to assist in making the process smoother, help you avoid costly mistakes, & get the most out of Portugal, sooner!

Through our many years of experience, we've built & continue to grow our excellent network of trusted professionals, bringing you the most reliable & up-to-date advice, as well as negotiating exclusive discounts on your behalf. We enjoy sharing our contacts, knowledge & experience to offer extra support in all aspects of moving to Portugal.

*COMMUNITY* - Our network of members come from all over the globe, all united by our interest in & love for Portugal. We connect through our community forum & events.

*SUPPORT & INFORMATION* - In addition to the wealth of information on our YouTube channel, you can ask questions & search through thousands of useful forum posts to find all you need. Everything from: country-specific information such as, moving to Portugal from the USA, D7, D8 & Golden Visas, Portuguese citizenship & residency, tax in Portugal, NHR tax breaks, buying & renting property, the best places to live,

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