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3 years ago

Transferring Money

3 years ago
Hello All: My wife & I will be moving permanently to CR March 1, 2021. We have bought a condo in Escazu. We will be receiving a monthly payment from the sale of our business (the sale is now in escrow with a closing set for September 30, 2020) in the amount of around $ 4,000/mo. Do you have a suggestions of how to efficiently (low fees) complete the monthly money transfer from the buyer in the US to our bank in CR (BAC)? The monthly payment could go on for up to 10 years. We have found a number of different companies that might do this from PayPal, to TransferWise, Xoom, OFX the list goes on and on. Confusing. A key factor is we will be closing all our bank accounts in the US when we move and do not want the money to go through any US Bank. Thanks.

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