Her Majesty's Revenue & Customs (HMRC) permit UK pension rights to be transferred to a Qualifying Recognised Overseas Pension Scheme (QROPS). The QROPS must be in effect as if it were a UK scheme for those members who have been resident in the UK at any time in the previous five tax years. The QROPS is structured very much like a UK pension; i.e. an investment vehicle which is owned on your behalf by a pension provider/administrator (the trustees). The trustees must be based outside the UK and approved by HMRC as a QROPS administrator.
Full information on the QROPS scheme and more importantly the most suited jurisdiction for the QROPS to be held will be provided to you when you speak to one of our QROPS advisers, without cost or obligation.
www.qrops-advisers.com
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