Australia is an eternally popular location for British expats. With sunshine, a developed economy and plenty of room, it meets many people’s desires for retirement.

As a result, the Australian government has taken steps to limit the numbers of immigrants, but if you are financially secure there are many advantages to living in Australia. A QROPS, whether held in Australia or elsewhere, can help you make the move.

Make the most of your retirement with a QROPS

If you are a retiree living in Australia with a British private pension, a QROPS can help your money go much further than keeping it in the UK.

It’s also worth noting that UK state pensions don’t increase with inflation in Australia, so its real value falls each year.

When you live in Australia for more than five years, there are numerous benefits to transferring your pension into a QROPS.

Advantages of a QROPS in Australia

As a British expat living in Australia, a QROPS arranged through STM allows you to:

• Receive your pension income into your Australia bank account in local currency, making you less vulnerable to currency fluctuations
• Avoid paying UK tax on the fund
• Benefit from lower maximum income tax rates than in the UK, with the possibility of zero tax from an Australian QROPS
• Choose the jurisdiction where your QROPS is held, to find the one that suits you best
• Deal with a local adviser in Australia, making it easy to manage your account
• Avoid UK inheritance tax
• Pass the fund on to your beneficiaries upon death

Is a QROPS right for me?

As long as you plan to live in Australia for more than five years and have over £100,000 to invest,then a QROPS is an excellent solution.

You will avoid paying UK tax, and pay no tax in Australia on the first AUS $6,000 of income.

Find out more about QROPS in Australia

Please contact STM QROPS for a no-obligation discussion to find out more about the advantages of a QROPS in Australia.

France remains one of the favourite destinations for British expats, particularly in retirement. Yet a poor exchange rate and rising cost of living have meant that pensions from the UK have dwindled in value for expats in France over recent years.

Make the most of your retirement with a QROPS

If you are a retiree living in France with a British private pension, a QROPS can help your money go much further than keeping it in the UK.

When you live in France for more than five years, there are numerous benefits to transferring your pension into a QROPS.

Advantages of a QROPS in France

As a British expat living in France, a QROPS arranged through STM allows you to:

• receive your pension income into your French bank account in local currency, making you less vulnerable to currency fluctuations and the current poor exchange rate with sterling
• avoid paying UK tax on the fund
• mitigate income tax rates in France
• choose the jurisdiction where your QROPS is held, to find the one that suits you best
• deal with a local adviser in France, making it easy to manage your account
• avoid UK inheritance tax and the complicated French inheritance system
• pass the fund on to your beneficiaries upon death

Is a QROPS right for me?

As long as you plan to live in France for more than five years and have over £100,000 to invest, then a QROPS is an excellent solution.

You’ll receive income in euros, avoiding exchange rate and cost of living issues. And as long as you hold a French residency certificate for tax purposes, you won’t need to pay UK tax on the fund.

Instead, you’ll pay French tax rates after five years of residency, currently between 14% and 41% after the allowance of €6,000, significantly lower than the top UK tax rates.

In addition, the French government is currently proposing to abolish wealth tax, currently charged at between 0.55% and 1.8% on income over £675,000.

Find out more about QROPS in France

Please contact STM QROPS for a no-obligation discussion to find out more about the advantages of a QROPS in France.

The Mediterranean climate and English-speaking population of Gibraltar have long made it a popular retirement destination for British expats.

Make the most of your retirement with a QROPS

If you are a retiree living in Gibraltar with a British private pension, a QROPS could help your money go much further than keeping it based in the UK.

When you live in Gibraltar for more than five years, there are numerous benefits to transferring your pension into a QROPS.

Advantages of a QROPS in Gibraltar

As a British expat living in Gibraltar, a QROPS arranged through STM allows you to:

• Receive your pension income into your Gibraltar bank account in local currency
• Avoid paying UK tax on the fund
• Benefit from a potential zero tax rate in Gibraltar (subject to the settlement of a current dispute with the UK government)
• Choose the jurisdiction where your QROPS is held, to find the one that suits you best
• Easily access our advisors in Gibraltar, making it simpler to manage your finances
• Avoid UK inheritance tax
• Pass the fund on to your beneficiaries upon death

Is a QROPS right for me?

As long as you plan to live in Gibraltar for more than five years and have over £100,000 to invest, then a QROPS is an excellent solution.

It must be noted that the Gibraltar government and HM Revenue and Customs (HMRC) in the UK are still disputing whether Gibraltar’s proposed rate of 0% tax on pensions for the over-60s is legitimate under the terms of approved QROPS schemes.

In the meantime, STM Group offers a multi-jurisdictional QROPS, which allows you to invest in another jurisdiction, such as Malta, and transfer the scheme to Gibraltar free of
charge once the dispute has been resolved.

With a QROPS as a Gibraltar resident, your income will be in Gibraltar pounds, avoiding any issues with changes in the cost of living. And you won’t need to pay UK tax on the fund.

Instead, you’ll pay Gibraltar tax rates after five years of residency, once the dispute has been resolved to meet HMRC requirements.

Find out more about QROPS in Gibraltar

Please contact STM QROPS for a no-obligation discussion to find out more about the advantages of a QROPS in Gibraltar.

Guernsey’s position as an international finance centre and its proximity to the UK make it a popular retirement destination for British expats. As an economically stable, English-speaking island, it has plenty to offer retirees.

Make the most of your retirement with a QROPS

If you are a retiree living in Guernsey with a British private pension, a QROPS can help your money go much further than keeping it in the UK.

When you live in Guernsey, there are numerous benefits to transferring your pension into a QROPS.

Advantages of a QROPS in Guernsey

As a British expat living in Guernsey, a QROPS arranged through STM allows you to:

• Receive your pension income into your bank account in Guernsey
• Avoid paying UK tax on the fund thanks to a double tax treaty with the UK
• Benefit from flexibility on taxation and drawdown
• Pay income tax at 20% with generous allowances
• Choose the jurisdiction where your QROPS is held, to find the one that suits you best
• Deal with a local adviser in Guernsey, making it easy to manage your account
• Avoid UK inheritance tax
• Pass the fund on to your beneficiaries upon death

Is a QROPS right for me?

As long as you plan to live in Guernsey for more than five years and have over £100,000 to invest, then a QROPS is an excellent solution.

Guernsey has a good reputation as an offshore finance centre, with a stable, low-tax environment for British expats.

Holding a QROPS while living in Guernsey means you’ll pay Guernsey tax rates after five years of residency, currently 20% on income over the personal allowance of £10,700 for single people over the age of 64 up to £21,400 for a married couple both aged over 64.This represents a substantial saving on the UK’s 50% top rate.

Find out more about QROPS in Guernsey

Please contact STM QROPS for a no-obligation discussion to find out more about the advantages of a QROPS in Guernsey.

Hong Kong’s history as a former British colony, along with an extremely favourable tax regime, has helped it to retain its popularity with British expat retirees.

The warm climate, stable political and financial situation, and good access to other international destinations, make it a desirable place to spend your retirement.

Make the most of your retirement with a QROPS

If you are a retiree living in Hong Kong with a British private pension, a
QROPS can help your money go much further than keeping it in the UK.

When you live in Hong Kong for more than five years, there are numerous benefits to transferring your pension into a QROPS.

Advantages of a QROPS in Hong Kong

As a British expat living in Hong Kong, a QROPS arranged through STM allows you to:

• Receive your pension income into your Hong Kong bank account in local currency, making you less vulnerable to currency fluctuations
• Avoid paying UK tax on the fund
• Benefit from income tax (salaries tax) rates from 0% to 20%
• Choose the jurisdiction where your QROPS is held, to find the one that suits you best
• Deal with a local adviser in Hong Kong, making it easy to manage your account
• Avoid UK inheritance tax
• Pass the fund on to your beneficiaries upon death

Is a QROPS right for me?

As long as you plan to live in Hong Kong for more than five years and have over £100,000 to invest, then a QROPS is an excellent solution.

You will avoid paying UK tax, and pay a maximum of 20% income tax in Hong Kong, offering great potential savings. There is no capital gains tax, inheritance tax or VAT either.

Find out more about QROPS in Hong Kong

Please contact STM QROPS for a no-obligation discussion to find out more about the advantages of a QROPS in Hong Kong.

The Isle of Man is a politically and financially stable island with the advantage to British expat retirees of being English-speaking and geographically close to the UK mainland.

Low tax rates and a wealth of leisure opportunities make it an attractive option for retirement, particularly for QROPS holders.

Make the most of your retirement with a QROPS

If you are a retiree living in the Isle of Man with a British private pension, a QROPS can help your money go much further than keeping it in the UK.

When you live in the Isle of Man for more than five years, there are numerous benefits to transferring your pension into a QROPS.

QROPS are available from providers both on the island and in other offshore jurisdictions.

Advantages of a QROPS in the Isle of Man

As a British expat living in the Isle of Man, a QROPS arranged through STM allows you to:

• Receive your pension income into your Isle of Man bank account
• Avoid paying UK tax on the fund
• Pay income tax at rates as low as 10%
• Choose the jurisdiction where your QROPS is held, to find the one that suits you best
• Deal with a local adviser in Isle of Man, making it easy to manage your account
• Avoid UK inheritance tax
• Pass the fund on to your beneficiaries upon death

Is a QROPS right for me?

As long as you plan to live in the Isle of Man for more than five years and have over£100,000 to invest, then a QROPS is an excellent solution.

You won’t need to pay UK tax on the fund. Instead, you’ll pay local Isle of Man tax rates after five years of residency, currently between 10% and 20% on income over the personal allowance of £10,500 for single people, or £21,000 for married couples.

Find out more about QROPS in the Isle of Man

Please contact STM QROPS for a no-obligation discussion to find out more about the advantages of a QROPS in the Isle of Man.

New Zealand is an extremely popular location for British expats and retiring there is the dream of many English-speaking, developed and economically stable, it has plenty of space and opportunity for a relaxed retirement.

It is also a leading QROPS destination and holding a QROPS, whether in New Zealand or elsewhere, can be highly advantageous for expat retirees.

Make the most of your retirement with a QROPS

If you are a retiree living in New Zealand with a British private pension, a QROPS can help your money go much further than keeping it in the UK.

When you live in New Zealand for more than five years, there are numerous benefits to transferring your pension into a QROPS.

Advantages of a QROPS in New Zealand

As a British expat living in New Zealand, a QROPS arranged through STM allows you to:

• Receive your pension income into your New Zealand bank account in local currency, making you less vulnerable to currency fluctuations
• Avoid paying UK tax on the fund
• Benefit from lower maximum income tax rates than in the UK
• Choose the jurisdiction where your QROPS is held, to find the one that suits you best
• Deal with a local adviser in New Zealand, making it easy to manage your account
• Avoid UK inheritance tax
• Pass the fund on to your beneficiaries upon death

Is a QROPS right for me?

As long as you plan to live in New Zealand for more than five years and have over £100,000 to invest, then a QROPS is an excellent solution.

You will avoid paying UK tax and pay New Zealand tax at rates varying from 10.5% up to 33% on income over NZ $70,000.

Find out more about QROPS in New Zealand

Please contact STM QROPS for a no-obligation discussion to find out more about the advantages of a QROPS in New Zealand.