Hoang Lan

The Qualifying Recognised Overseas Pension Scheme US is an ingenious little bit of legislation for anyone seeking to retire to the sun; one which the British government was obliged to set in place by an EU directive in 2006. The point of the QROPS legislation means that if you want to retire to a different country then by opting for a programme that is accepted by the UK government, and by transferring your pension fund to a nation whose jurisdiction in this regard has also been recognised in Britain, then you can have far stronger grasp of your Qrops pension providers than would otherwise have been so, and so might legitimately be able to limit your tax payments to HMRC.