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International Money Transfers for U.S. & Foreign Investors

 

 

 

 

 

 

 

 

 

 

 

 

FOREIGN CURRENCY EXCHANGE

International money transfers for U.S. & foreign investors

Legacy Tax & Resolution Services has partnered with Currencies Direct, a global leader in foreign exchange and international payments to offer a unique solution to challenges faced by foreign property sellers in the United States. Due to the U.S. Patriot Act, U.S. banks are prohibited from granting access to funds for individuals who are not physically present in the country. This can cause delays and complications when trying to receive sale proceeds and FIRPTA refunds.

Through our partnership, our clients can utilize a fully insured U.S. personal collections account with a major U.S. bank at no additional cost. This provides a convenient and secure way for foreign property sellers to access their funds without any delays or complications.

 

With This, You Can:

  • Hold Funds in Escrow while your Individual Taxpayer Identification Number application is pending .
  • Secure Better Exchange Rates: Easily and securely transfer your money at competitive rates, whether online or over the phone.
  • Receive Sale Proceeds: Avoid hassle and delays by transferring sale proceeds directly from your U.S. Title Company.
  • Receive Tax Refunds: Get prompt access to your tax return directly from the IRS.
  • Receive Credits: Conveniently receive any other payments due to you.

 

Talk To Experts: Seek guidance from experts who understand the complexities of global property transactions.

 

If you receive an IRS withholding refund by check, you can simply endorse it and deposit it into your U.S. bank account, which may require you to be physically present to move money out of the U.S. Alternatively, you can use our foreign exchange partner to deposit the funds into your free PCA account, from which your funds can be moved quite easily.

 

 

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