Individuals who wish to transfer their UK pension to an overseas pension scheme may do so by transferring their pension to a Qualifying Recognised Overseas Pension Scheme (QROPS) in Malta. There are enormous financial benefits when transferring a UK pension to a Malta QROPS for individuals who are living or plan to live out of the UK.

Some of the main benefits of a Malta QROPS are:

  • Tax Benefits – Tax efficient income withdrawal. No taxes upon death after the qualifying period;
  • No restrictions of nationality – The Malta QROPS is available to residents of any nationality who have a UK pension;
  • No requirement to purchase an annuity;
  • Other benefits – Significant benefits upon death for your estate.