Go Back  British Expats > Living & Moving Abroad > Europe > Spain
Reload this Page >

Overseas Pensions Update

Overseas Pensions Update

Old Jan 12th 2015, 10:41 pm
  #1  
Forum Regular
Thread Starter
 
Patrick2976's Avatar
 
Joined: Nov 2007
Location: Mijas, Spain.
Posts: 230
Patrick2976 is a jewel in the roughPatrick2976 is a jewel in the roughPatrick2976 is a jewel in the roughPatrick2976 is a jewel in the roughPatrick2976 is a jewel in the rough
Default Overseas Pensions Update

Just before Christmas HMRC announced that following the changes to flexible drawdown in UK based schemes, QROPS international pensions will be allowed the same flexibility. This will come into effect from April this year. However with an international pension it will also need the chosen jurisdiction to change local legislation to allow the same flexibility. Malta (a popular jurisdiction for Spanish residents because of the dual tax treaty) has just announced that it will allow the same flexibility on QROPS pensions registered there. Good news for people wanting to access more of their pension pots from age 55. More jurisdictions expected to follow suit.
Patrick2976 is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Contact Us - Manage Preferences - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Your Privacy Choices -

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.