Considering emigration? Beware these 5 finance scams

considering emigration beware these 5 finance scams

Sumary of Considering emigration? Beware these 5 finance scams:

  • However, many expats have fallen victim to scammers who target foreign residents.
  • It’s no secret that emigration can leave you vulnerable, mostly because you’re out of your comfort zone and without a good grasp of the new country’s financial rules.
  • Christopher Nye, senior editor at Smart Currency Exchange, highlights five financial scams linked to emigration.
  • Plot your path towards financial freedom with our Hero’s Journey tool!
  • 1. Emigration property scams It’s not uncommon for property buyers to fall victim to a dubious developer or property seller, especially in a new country.
  • To avoid this, be sure to use independent property lawyers and reputable and experienced international payments specialists.
  • 2. Visa scams during emigration The visa application process can seem long, especially if you’re rushed.
  • The best way to avoid scammers is to use the proper channels, even if you feel the process might take longer.

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