How to Move Money from the USA to Portugal

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When it comes to securing the best value and peace of mind for your money transfers, having access to over 50 years of combined industry expertise is invaluable. That’s why we’re delighted to be hosting currency specialists, Spartan FX, who will be lending their insider knowledge and decades of experience.

Due to their competitive rates and topnotch service, Spartan FX is our trusted partner for money transfers and currency exchange. With a wealth of experience in facilitating global money transfers, their insights have consistently helped our community save significant amounts of money as well avoiding stress and disappointment.

Whether you’re planning to purchase property, cover mortgage payments, receive your salary or pension, or simply transfer savings, ensuring you know how to get the best deal is key. Whether it’s a oneoff large sum or recurring smaller amounts, several factors can influence the outcome, underscoring the importance of wellinformed planning to avoid any potential losses or disruptions.

For those dealing with large amounts or facing tight payment deadlines, additional considerations may come into play. Regardless of your current planning stage, this webinar is your opportunity to stay informed, gain the latest insights, and have your burning questions addressed by an expert in the field.

Join us to ensure you’re on the right track, receive uptodate information, and unlock the secrets to seamless money transfers.

00:00 Introduction
04:36 Types of payments you may need to make
06:08 Bank accounts for Portugal's Golden Visa
07:00 What is an IBAN number?
09:25 Recommended checks to make before you transfer
12:08 US dollar exchange rates
18:05 US exchange rates What to look out for in 2024
22:10 Money compliance
32:14 Keep a phone number from your home country to access your bank & make transfers
34:04 Be careful with "free" bank transfers
39:55 US Tax: FBAR foreign bank account reporting
41:04 Receiving/transferring monthly amounts
42:30 Preparing your money transfer before you have a Portuguese bank account
45:01 Using Spartan FX's rates & currency service