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QROPS Comparison – Best QROPS Providers & Jurisdictions in 2019


QROPS Comparison 2019

Please see the QROPS comparison table below which shows the differences in drawing your retirement benefits in each QROPS jurisdiction.

QROPS JurisdictionUKMaltaGibraltarNew ZealandIsle of ManAustraliaIndia 
Flexi-Access DrawdownYesYesNoYesNoYesNo
Age Allowed to Access Retirement Benefits55555555556055
Maximum Age to Take Retirement Benefits757075No max75No maxUp to Age 85
Varies by Scheme
Pension Commencement Lump Sum25%25% / 30% after 10 years non-UK resident25%30%25% / 30% after 5 years non-UK residentAny amount
after 55
33.33%
Annual Retirement IncomeAnyAny150% GAD rates / higher after 5 yearsAny150% GAD rates / higher after 5 yearsDeferred annuity available
Income Tax at SourceUp to 45%up to 35% or
0% with DTA
Flat 2.5% Tax0%20% or
0% with DTA
0%0% or local tax if ordinary resident after 9 years
Income Tax in Country of Residence at RetirementDepends on DTADepends on DTALocal TaxLocal TaxDepends on DTALocal TaxLocal Tax
Tax on DeathUp to 45% after age 750%0%0%7.5%0%0%
Double Taxation Agreements13371039234586
Freedom of InvestmentYesYesYesNoYesYesNo
Discretionary ManagedYesYesYesYesYesYesYes
Annual Contribution Limit£40,000No LimitNo LimitNo LimitNo LimitAUD 100kNo Limit
Lifetime Contribution Limit£1mNo LimitNo LimitNo LimitNo LimitAUD 1.6mNo Limit

*Special notes for the tax-free cash lump sum (PCLS)

Gibaltar QROPS – members whose funds were transferred out of the UK pre-6th April 2017 can have up to 30% PCLS providing that they have been non-UK tax residents for 5 complete UK tax years.

Malta QROPS – members whose funds were transferred out of the UK post 6th April 2017 can have up to 30% PCLS providing that they have been non-UK tax residents for 10 complete UK tax years, or, if the residency test does not apply, after 5 years from the date of transfer.

QROPS Comparison – Best QROPS 2019

Best QROPS for Australia – Australian QROPS via a qualified Super or SMSF
Best QROPS for New Zealand – New Zealand QROPS
Best QROPS to QROPS transfer – You can transfer your current QROPS to a New Zealand QROPS which benefits from 0% tax and full flexi-drawdown if you hold transferred your UK pension to a QROPS before April 6th, 2017
Best QROPS for the European Economic Area (EEA) – Malta QROPS is the winner
Best QROPS for USA – None, you can transfer your pension to an international SIPP for currency optimisation
Best QROPS for Canada – None, you can transfer your pension to international SIPP for currency optimisation
Best QROPS for Switzerland – None, you can transfer your pension to an international SIPP for currency optimisation
Best QROPS for Africa – – None, you can transfer your pension to an international SIPP for currency optimisation
Best QROPS for Asia – None, you can transfer your pension to an international SIPP for currency optimisation
Best QROPS for the Americas – None, you can transfer your pension to an international SIPP for currency optimisation
Best QROPS for Russia – None, you can transfer your pension to an international SIPP for currency optimisation

Best QROPS Providers 2019

Please see our list of trusted QROPS providers below.

QROPS Providers in Australia Comparison

Please contact us for our preferred Australian QROPS provider

QROPS Providers in Malta Comparison

Boal & Co Malta Pension Malta
Bourse Retirement Scheme (Malta)
Elmo International Retirement Plan

QROPS Providers in New Zealand Comparison

Garrison Bridge Superannuation Scheme

QROPS Providers in Gibraltar Comparison

Apollo QROPS Gibraltar
Aurora Europa Lite Pensions Trust Gibraltar
Aurora Europa Pensions Trust Gibraltar
Bourse Retirement Scheme (Gibraltar) Gibraltar
Calpe Lite Retirement Benefit Scheme Gibraltar
Calpe Retirement Benefit Scheme Gibraltar
Harbour Gibraltar Scheme Gibraltar
IVCM (Gibraltar) Retirement Annuity Trust Gibraltar
London & Colonial EU QROPS Gibraltar
Momentum Gibraltar Pension Plan Gibraltar
Trafalgar Pension Scheme Gibraltar

QROPS Providers in India Comparison

Exide Life
HDFC
ICIC

QROPS Providers in the Isle of Man Comparison

Momentum Isle of Man
The Aegean Lite Personal Pension Plan (Sovereign Trustees)

Please contact us for our latest list of trusted providers and lowest fees

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