QROPS Dubai – The Options
If you have accrued a UK pension through your working life whether it is over 2 years or 25 years, you should consider a QROPS transfer. This is especially true if you plan to live and retire in Dubai either permanently or for 10 years or more.
There are few QROPS funds in Dubai, but it could benefit you more in the long term in moving your UK pension fund to a registered QROPS fund in an offshore neutral jurisdiction such as the Isle of Man or Guernsey. This could potentially give you greater long-term flexibility in your pension income.
QROPS Dubai – The Potential Benefits:
- 0% Inheritance Tax
- 0% Income Tax
- Higher Tax Free Lump
- Lower service charges
- Wider range of investment allocation
- Protection of Assets
For more information on QROPS in Dubai please contact us below.