QROPS in Hong Kong

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.