What Are Currency Mortgages

For decades now, wealthy individuals have been using currency fluctuations and gearing to repay their mortgage debt with minimal effort and in record time, and in doing so making incredible gains, tax free..!  A Currency Mortgage are based on the concept that you take out a mortgage in a currency denomination that is different from the currency of the country where the property is actually located.  Why would you want to do that?

1. Instantly reduce mortgage costs.  Interest payments are calculated on the interest rate of the currency in which the mortgage debt is taken out in.  Base interest for the Japanese Yen is 0.5% and the Swiss Franc 2.75% at the time of writing.  Compare this to Pound Stirling at 5.25% or the South African Rand, 11.00% you can appreciate that there would be an immediate saving in interest costs.
2. It gets better.  You can use currency fluctuation to reduce the amount owed on the mortgage.  Your mortgage debt becomes and “Asset” that you can trade on the worlds currency markets.  If you hold your mortgage in a currency that is falling in value against your base currency you end up owing less (beware though, the converse is also true).  Investors with a Currency Mortgage have had incredible successes with this strategy making significant repayments toward their mortgages in a matter of months without lifting a finger, saving them thousands.
3. And to top it off.  In most cases all such gains are seen as debt reduction, not profits and are therefore not taxed.  (Please confer with a qualified tax and/or legal specialist in the relevant jurisdiction for clarification).

This is a tricky concept to grasp though and represents a high level of risk.  For this reason we highly recommend anyone interested in this strategy to get a copy of The Millionaire Mortgage Secrets by Don James, which is currently the most comprehensive publication on the subject of Currency Mortgages.

Sounds Great But What’s The Catch?

Yes, there is a catch.  To be truly successful with Currency Mortgages as an investment strategy requires two different skill sets.  On the one hand you need to be a Property/ Real Estate Investor, who makes money from finding property at a good price, adding value and the selling or managing it at a profit.  On the other hand you also need to have skills as a Foreign Currency Trader, being able to analyse market trends and global economies and then trade or use derivatives to make a consistent profit.  With Currency Mortgages you will however be trading mortgage debt, but the same principles and skill sets apply.

CMP realise that most investors are proficient in one skill set but not necessarily the other and we therefore offer something for both Property Investors AND Currency Trader.

Until recently Currency Mortgages has been the exclusive domain of high net worth investors and large property portfolio holders, who can afford to bring in the various expertise required to ensure profitable results.  In recent times new Currency Mortgage Products, Managed Currency Funds and publications such as the Millionaires Mortgage Secrets brought the concept to a wider audience.  Many investors need to rely on a Self-Directed/ DIY approach as Managed Products is still reserved for the sophisticated investor and the required expertise remains inaccessible.

The Currency Mortgage Portgal (CMP) is a comprehensive resource and

the only one of its kind that supports a growing community

of successful currency mortgagors.

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