QROPS Information on the Specific Country
Where are you moving?
Many people think living abroad is cheaper than living in the UK but this isn’t always the case. Doing your homework in advance of moving, matching your retirement income and expenditure, and making the appropriate decisions around purchasing an annuity or using income drawdown are key considerations. Deciding where to locate your QROPS in relation to where you decide to live is key to helping you maximise your retirement fund.
Your retirement income could also be subject to exchange rates and currency fluctuations, as well as local tax laws. It is vital that you take quality financial advice before moving abroad and transferring your pension into a QROPS.
Please click on the country specific link below to understand the different tax implications for each country;
- South Africa
- New Zealand
For more country specific information on the above countries or any other country where you are looking to retire or move please contact us here. We will help you advise you on the impact on your potential QROPS.