Category Archives: Pension

Why choose the Isle of Man for a QROPS

tax-implications-associated-with-qrops

Qualifying Recognised Overseas Pension Schemes (QROPS) are overseas pensions schemes, which are permitted for use by British expats by HM Revenue and Customs (HMRC). They enable people to transfer their pensions outside of the UK, in order to make use of better tax rates available to overseas residents, and minimize the risk of making regular transfers from the UK to the country in which you have retired.

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