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Transferring money from home country to buy a house - best way to do it? (alien.top)

submitted 11 months ago by DesignerBaker5304@alien.top to c/digitalnomad@expats.zone

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Hey nomads,

So i've bit the bullet and decided to settle down in the country i've been working in. I'm looking to buy a home and need to move my money from the UK. I've been currently using Wise for the last 4-5 years and have not had any problems but i've only transferred like 10k gbp max but i've read the horror stories of wise blocking accounts and having money stuck for months. Any suggestions? Thanks in advance.

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[–] Dmytro_North@alien.top 1 points 11 months ago (1 children)

If you have time try sending money in smaller chunks to mitigate the risk since only one chink could get stuck.

[–] LaoWai01@alien.top 1 points 11 months ago

In the US this looks a little like “structuring” and is suspicious as hell.