State pension & ExPats
I was recently told that ExPats living in certain countries throughout the world have their state pension frozen at the rate it was when going to live abroad and therefore not rise annually in line with the new so called 'triple lock' increase arrangements.
I have read this article and found it very informative as well as being reassuring to ExPats living in Cyprus. Here's the link: http://www.thisismoney.co.uk/money/p...-overseas.html |
Re: State pension & ExPats
Expats in Cyprus do not have their pensions frozen, as in other countries.
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Re: State pension & ExPats
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Re: State pension & ExPats
UK Expats living in the EU get the same rises as UK pensioners, those living in Canada don't, those in the USA do. It's a bit hit and miss, but depends on whether the countries involved have a reciprocal agreement.
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Re: State pension & ExPats
I posted this article to demonstrate the fact that ExPats living in Cyprus do in fact get State pensions increases as the article clearly says. It was for the reassurance of those that possibly did not know.
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Re: State pension & ExPats
I'm really surprised that this question has arisen as Cyprus has for many years (long before Cyprus entry into the EU) given UK ex-pats the same annual increments as those in the UK.
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Re: State pension & ExPats
Thanks for the info. That's an advantage that Cyprus has over other countries that I was not aware of.
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Re: State pension & ExPats
Originally Posted by Cleo-Shahateet
(Post 11118043)
Thanks for the info. That's an advantage that Cyprus has over other countries that I was not aware of.
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Re: State pension & ExPats
Many in the Forum live in the North. As the area is only recognised by Turkey, are pensions frozen at the time of emmigration from EU counties to the Turkish Administered Area of Cyprus?
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Re: State pension & ExPats
My bank and uk phone company say North Cyprus is treated differently than Southern Cyprus so will the state pension be affected as well.
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Re: State pension & ExPats
Originally Posted by Mint1955
(Post 11145209)
My bank and uk phone company say North Cyprus is treated differently than Southern Cyprus so will the state pension be affected as well.
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Re: State pension & ExPats
The crux of the subject that I originally posted was to outline the fact that those retired and living within the EU (including of course the Greek Cypriot area of Cyprus) will benefit from any annual increase in the rate of UK state pension.
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