Want to transfer a QROPS pension to France, India, Malta or Spain?

Want to transfer a QROPS pension to France, India, Malta or Spain?

A quick guide to QROPS

Welcome to Forvault.com. As you have landed on this page we can presume that you are looking for some further information on the world of taking your UK pension abroad.

What is a Qualifying Recognised Overseas Pension scheme?

A QROPS is a facility for people who have UK retirement funds and are looking to retire away from the UK. It is also suitable for people who are not originally from the UK, but worked there for a number of years accruing retirement benefits.

It goes without saying the new scheme must be approved by the HMRC (a current list of valid schemes can be found on the HMRC website via this link)

Some of the rules that the HMRC are looking for are (This list is not exhaustive so please refer to the HMRC for further information)

•    Only schemes established in authorized countries are suitable. These include European Union members, the USA and many others. •    The scheme rules confirm that at least 70% of any...
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