If you have a UK pension and currently live in Germany, or intend living in Germany, and you remain a non-resident of the UK for five years or more, you should consider a QROPS transfer.
Currently there are numerous QROPS funds in Germany, however you may do better to move your UK pension funds to a QROPS in a neutral jurisdiction such as Guernsey or the Isle of Man, giving you greater long-term flexibility.
If you live in Germany or consider living in Germany for 5+ years, you can transfer your UK Pension into an HMRC approved scheme in an offshore, tax friendly jurisdiction, such as the Channel Islands. The Benefits Include:
- Tax Efficiency (often 50%+ Tax Saving)
- Wide choice of investment options
- 100% to Nominated Beneficiaries.
Speak to an Offshore QROPS adviser in Germany
For further information on offshore QROPS transfers while you are in Germany and to be introduced to an accredited QROPS adviser in Germany, simply Contact Us and we will introduce you to a QROPS adviser.