What are QROPS ?

A QROPS is a Qualifying Recognised Overseas Pension Scheme, whose rules permit a pension transfer from a UK pension scheme. If planned correctly they can offer enormous financial benefits for the thousands upon thousands of ex-pats now living or planning to live out their retirement abroad.

Who is Eligible ?

Anyone with a UK pension scheme who has been resident outside the UK for at least 5 complete tax years with no plans to return for any long period of time can transfer their existing pension provisions into a QROPS.

Benefits

No need to EVER purchase an annuity or pay UK tax charge upon death.
Leave ALL unused pension funds to your beneficiaries.
Much greater investment freedom.
Possibility of a larger Tax free lump sum.
Onshore / offshore assets, highest fixed deposit rates, total diversification.
Take income from your pension in a much more tax efficient way.
Take income and benefits in the currency of your choice.
Greater confidentiality.

Next Step

Gilt Edge International provides a personalised service to all of its clients around the globe. Your next step should be to submit an enquiry to your local representative office by using our offshore financial services enquiries page.

Not looking for a QROPS ?

If you do not currently have a UK pension plan you want to transfer offshore, but are looking to set up an offshore retirement plan that isn’t a QROPS please visit our Expatriate Retirement Solutions page for further details, alternatively please contact us directly by sending an enquiry.