
International residence and citizenship planning often involves more than legal frameworks and eligibility criteria. For many applicants, it also requires moving substantial capital across borders and into currencies that differ from where their wealth is held.
To better support clients at this stage of their journey, Latitude has entered into a strategic partnership with CompareFX, a specialist foreign exchange comparison and optimization platform.
This partnership allows Latitude clients to access transparent FX pricing, vetted providers, and more competitive exchange rates when making international transfers connected to residence or citizenship programs.
Foreign exchange considerations often arise alongside residence pathways such as Portugal’s Golden Visa, the Malta Permanent Residence Program, and contribution-led citizenship frameworks.
Many residence and citizenship pathways require payments to be made in a specific local currency, depending on the jurisdiction and program structure. Applicants often hold funds in a different base currency, meaning currency conversion becomes an unavoidable part of the process.
Foreign exchange costs are not always immediately visible. Bank spreads, embedded margins, and opaque pricing structures can materially affect the total amount transferred, particularly where multiple payments or staged transfers are involved.
Careful management of foreign exchange is therefore an important, and often overlooked, aspect of residence and citizenship planning. Structuring transfers efficiently helps ensure that funds are deployed as intended, rather than being eroded through avoidable conversion costs.
CompareFX’s approach aligns closely with Latitude’s own advisory philosophy – informed choice, transparency, and solutions tailored to the individual.
Rather than directing clients to a single FX provider, CompareFX analyses existing pricing and benchmarks it against a panel of top-tier, highly rated FX institutions. Clients are then presented with a clear comparison and can choose the provider that best suits their needs.
This ensures clients remain in control, while benefiting from institutional-level pricing and oversight.
Based on historical benchmarking data provided by CompareFX across a broad range of international transfers, clients may benefit from:
For clients making large or repeated international transfers, even modest percentage improvements can translate into meaningful savings.
The FX optimization process is straightforward and designed to integrate smoothly into a client’s broader planning:
Latitude remains involved throughout, ensuring the FX solution aligns with the timing and structure of your residency or citizenship application.
Foreign exchange is a practical but often overlooked part of global planning. By formalizing this partnership, Latitude ensures clients receive coordinated support across legal, strategic, and financial dimensions, without having to navigate each component independently.
To learn more, or request an FX comparison, visit: https://www.latitudeworld.com/comparefx