| In this day and age when leading economies of the | | | | Unlike traditional onshore pensions where you're |
| world are in a dire state and jobs are hard to come by | | | | restricted in terms of how much you can contribute |
| and almost harder to hold on to, many of us are | | | | annually, how much tax relief you get and when and |
| seriously considering our alternative options - i.e., our | | | | how you take your pension income - with British |
| options to move abroad, escape the mess our nation's | | | | onshore personal pensions insisting an account holder |
| are in and find a better and happier life abroad. | | | | has to buy an annuity for example, QROPS are the |
| Whether you're of working age, you've yet to start | | | | absolute embodiment of flexibility. |
| work or you're approaching retirement, the fact of the | | | | For example, you can choose from a list of qualifying |
| matter is, there are places in the world where you can | | | | nations where you invest your money, you are not |
| enjoy less stress on a daily basis, where the sun | | | | limited to how much you can save, you can draw an |
| almost always shines and where there are | | | | income when you're ready to retire, no matter at what |
| employment options. | | | | age, you're not under the scrutiny of your old home |
| What's more, did you know that if you actively plan to | | | | nation's tax authorities in most cases as long as you've |
| take your retirement abroad, you could find yourself | | | | had your QROPS in place for a set number of years, |
| wealthier as well as happier and even perhaps | | | | (e.g., for Britons it's 5 years), you do not have to buy |
| healthier! | | | | an annuity with your pension which means your estate |
| If this sounds too good to be true perhaps you haven't | | | | does not lose the balance of your fund if you die, |
| heard of the acronym QROPS? | | | | rather you can will excess funds to your heirs if you |
| QROPS stands for Qualifying Recognised Overseas | | | | have a QROPS in place. |
| Pension Scheme, and it's a scheme that particularly | | | | Such a scheme can be invested in a far more flexible |
| benefits British people living, working or thinking about | | | | way too - if you're risk averse then you can secure up |
| retiring abroad. However, the benefits of the scheme | | | | your investment, or if you want the chance to |
| that we are about to discuss are not exclusively limited | | | | potentially be far wealthier in retirement and you |
| to Brits, and as long as you're not a US resident or | | | | understand that with greater risk can come greater |
| citizen, chances are you should be exploring QROPS | | | | reward, so you can invest accordingly. |
| closer if you want to be wealthier in retirement. | | | | These schemes are incredibly flexible, becoming more |
| The British government gave their agreement to | | | | well known, suitable for those who are living, working |
| QROPS back in 2006, and ever since they did so | | | | or who intend to retire abroad, and well worth learning |
| more international attention has been placed on these | | | | a little more about - after all, traditional pensions are |
| so-called 'offshore pensions.' Because the British | | | | seriously boring, where as QROPS are seriously |
| government basically gave them their rubber stamp of | | | | flexible, exciting and potentially very positively returning |
| approval, so other nations' governments now look | | | | and lucrative! What are you waiting for? Find out more |
| favourably upon them. And in a nutshell they are an | | | | today. |
| incredibly flexible type of dedicated pension scheme... | | | | |