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QROPS – Transferring your UK pension to Gibraltar Image

QROPS – Transferring your UK pension to Gibraltar

September 23, 2021

Are you living in Gibraltar or planning on relocating to Gibraltar but are unsure of the options available for your UK Pensions?

 

For those with Gibraltar Residency, transferring your pension arrangements to Gibraltar can be a very wise choice. Moving your UK pensions into a QROPS means the UK Lifetime Allowance no longer applies to these pensions on completion of the transfer. This will be particularly attractive to you if you are close to the current lifetime allowance limit. In addition, income tax on QROPS withdrawals for those Living in Gibraltar can be as low as 2.5%.

 

For those living in Gibraltar, it is important that you explore all the options available for you regarding your UK pensions. Please speak to one of our Gibraltar residency pension experts who can discuss the benefits of transferring your UK pensions to a Gibraltar QROPS.

 

Give us a call today on +44 (0) 207 998 0570 (UK) / +350 200 50982 (Gibraltar) or e-mail enquiries@fwm.gi