Qualifying Recognised Overseas Pension Schemes - QROPS
QROPS were introduced in April 2006 enabling UK expats and those who intend to leave the UK on a long term basis, to take their pension abroad with them.
A QROPS pension transfer can offer significant benefits compared to UK pensions. Some benefits include lower tax on pension income, more control over your pension, greater choice of what your pension is invested in. QROPS can also be structured in a currency of your choice, eliminating currency exchange risk and not least currency exchange cost.
A QROPS pension transfer can offer many advantages compared to a UK pension. However, QROPS is not suitable for everyone and it is very important to seek professional advice.
Market leaders www.qropspensionservice.com can help you transfer your UK pensions to favourable QROPS jurisdictions at a low cost. Also QROPS for US residents
